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�1N�lES �E REGULA� C�UNCIL MEETt�G <br />. Paqc 5 <br />u e s't <br />ii�.Ti1 <br />1•L'3�l <br />Mr. R�ndy iJefson fJuran and Moody) reterred Council <br />3-23�78 regardirsg East SBde Beverage Relocation and <br />of P;un i c i pa I t ndusi�a-i a 9 Revenue Eiond i n the amounfi <br />Ma�ch 27, l978 <br />to h6s letter of <br />Request for approval <br />of E1;5o0,000.00 <br />• Ne3sor, explained that �the Si�afe S�Yatute, provDding for assist8nce through <br />tax-exempt .rev�nue fibnancing� aas desQgned io enable communities to <br />. maint�En a lev�l of 3ndusfry 9n #he communii'y, to maintain Sfis ecanom6c <br />Bevel and to provEde a 6�tter capitai base for the building construc�ion; <br />explained it does not refiect on tF�e City°s bond ra?!ng or affect the <br />Cltyts c�ed3t; wdll oniy enhance the City°s ratfngs by showing the City's <br />grawfih; advanfiage to the borrower is a lower �ate o4 intere5t. <br />. 9n d@scuss�on, Council extended 6ts weicome i�o East S&de 6everage in Arden <br />Hllis; Feels, howeverr thafi the 3n4ent of the Sta#ute fs to help dP5- <br />tressed comarun�ties to ati-ract Endustr3es and �to thereby Increase the3r <br />tax base; not consPdered to be applicable to Arden Hilis, <br />Woodburn moved tha# the Councii not approve fihe Resotution for tax <br />exempt f3nanciog foT Easfi S�d� Beverage Company. Motion was seconded <br />by Crichtan and carried unanimously. <br />REPORT OF YlLLAGE TREASUl2FR - DdNALD LAMB <br />�nvestment <br />�852,578.33, on Masch 20, 1978, at 7.35$ far 1 year at Northwestern <br />Nafiona! Bank ot St_ Paut. <br />Woodburn moved, secanded by Crlchton, that Councii rafiiiy the investment <br />as reported by 7reasurer Lamp. Prtotioo carried unanimously. <br />• Case Plo. 77-47L_Banco 8uilding P�rmit <br />Mr. WsPiy K4us prespnt�d rev6sed 6uElding Plans <br />Bank which EnCiudes a 22�0 squar� foot basament <br />dascribed the ex#erior fin6sh to be of aggregafie <br />Bnside eievations; expiained that a!1 mechanical <br />' area; ta�aB buildiny area is approxima�hely 4400 <br />for �Fhe Nori�hwestern <br />nat prevlously proposed; <br />and showed uutside and <br />wili be in #he basesnenfi <br />square f�et. <br />M3f8er descri6ed the pian as bas6caily $he same site plan as approded <br />previousJy, a3th sor�� minor ehenges; lands�apirsg cost is estimafed at <br />Sl4,800 which seem5 adequate (fr�nt por�ion 3s not fdnaldzed pending <br />the Counfiy Road E Si�udyl, band to be for t25� o�f i-hls estdmate; noted <br />that signagm has no� been detesmined. <br />WtngerY noted that 1•he Piann6rsg Commission has not seen -�he exterior <br />firoatment of 1-he 6u31ding and has nofi reviewed �the landscaping and <br />.signage; wou9d feel mare comfor�Yabie if Couneii r�fers the ptans to <br />the Plarsning Commission prior to approvaj. Kius explained that fihe p9an <br />is i�he same as the orig6nalfy approveri concept. Buiiding lnspeCto� <br />has rev3�wed aad approved fhe constructfon plans; contractor is on the <br />s€te naw; prefers io contEnue erith the construcfiion since a delay now <br />xould increase cosi-s a�ad defay occupancy; plans w�re delivered to thA ' <br />Ct-Py Office severa6 weeks ago bui wese not v'orrarded to the €'ianaing <br />Commiss�on Far revis�. <br />M3�ker ex�fa�ned that ths Plar.ning Commisslon ds cohcerned about the <br />�, gron'r area 6andscap3ng; can accep4 fihe landscap6ng w&th fhe undersfianding <br />-�i that there m�y be so�ne �Iterations, e=p�cdaiiy tn fihe fronf area. <br />Crictaton moved, seconded 6y ldeodburn, i7�a•t Gou�ceii approve the Buflding <br />Perro3t a�-th the undarstanding by the developer that there may be some <br />alterataons i'o the landscape pEan and ��afi sigraage is not inCluded In <br />the appro��at. P4o�Pion carried (Crichton, �aadburn, Nanson, Crepeau <br />vot�ng in fa�or ofi the motton; W6ngert oppos�d) <br />(Park dadication to be resolved pr[or �to b!af lddrag occupancy) <br />OTk€ER 63JS 9 NESS <br />North Sa4urban Rwbutanca Sa r�ice <br />R9r. SyB�an B�uer d€siributed lnform�tionaE maferiai regarding Advanced <br />Life 5upport 53rvices for North Ramsoy County and briefty descrabed fihe <br />c,ature of Heai�fh Central, Inc. serv6ces proposed 3n cooperat6on and <br />- 5 - <br />