2019-10-23 Report - Laserfiche WebLink

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Inter-fund Loan At the last city council meeting, a resolution was approved reworking the inter-fund loan arrangement between the Park Dedication Fund and the Sewer Fund. Accumulated interest was forgiven and the loan will now be interest free. Also, a total of roughly $90,000 was transferred from the Park Dedication Fund to the Sewer Fund, to pay down principal on the loan. The funds came from Ruffridge-Johnson (10k), Midwest Best Water (5k) and Bayview Villas (75k), respectively. The Old Mill Estates development will pay Park Dedication Fees on per lot basis as permits are pulled. With these actions, we should see the balance on the loan drop below $1 Million before the end of the year! Long Range Capital Improvement Plan Staff has completed an evaluation of our existing park equipment and has shared that with the committee. Our Finance Director has placed this information in our Capital Improvement Plan for the Capital Outlay fund to be discussed at an upcoming workshop. Waterski Shows Staff was unable to reach a viable agreement with food vendors in time to kick this event off in 2019. The Parks Committee would still like to pursue a recurring Thursday night event to enhance the Bald Eagle Waterski Shows. PUBLIC SAFETY Centennial Lakes Police Department After meeting with the union and its representation, the two parties were unable to come to an agreement on a contract for the office Speed Study From time to time, the city fields complaints from residents regarding chronic speeding in their neighborhood. When we get such comments, an effective tool in evaluating whether there is an inherent problem or whether the complaint is anecdotally based and a matter of perception, is a speed study. These studies are done by laying speed sensing tubes across the street in question and attaching them to a data logger. The following is the follow-up email we received from the police department after having completed the most recent study. I completed the speed study per your request. Of the 3200 vehicles studied the median speed on Brian Dr was 21.03 mph with over 95% of the vehicles traveling under 27.29 MPH. The highest speed captured was at 36.7 MPH with only 1% of all vehicles traveling above 30 MPH which is the posted speed limit on Brian Dr. If you have any questions feel free to reach out. Centennial Fire District The Fire Steering Committee, voted to raise the retirement benefit for the fire relief service. The increase was made possible actuarial analysis.