2007-09-26 CC - Laserfiche WebLink

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City of Centerville Council Meeting Minutes September 26, 2007 Motion by Council Member Lakso, seconded by Council Member Lee, to approve Resolution #07-035, a Resolution Authorizing the Issuance, Establishing the Terms Providing for the Sale of $2,600,000 General Obligation Improvement Bonds of 2007A. All in favor. Motion carried unanimously. 4. Proposed Tax Increment Financing TIF Plan for Kendall Howard a.Resolution #07-0XX Adopting the TIF Plan for the Creation of TIF District 1-7 Mayor Capra directed staff to draft letter to the property owner addressing the fact that the issues with the Rice Creek Watershed District should have been resolved prior to selling the property. 5. Sedona Homes Request for Reduction in Letter of Credit City Administrator Larson explained that Sedona Homes requests a reduction of the security amount for the Public/Private Improvements completed. City Engineer Statz reported that there is about $25,000 left for landscaping and paving. Motion by Council Member Broussard, seconded by Council Member Paar, to approve Sedona Homes Request for Reduction in Letter of Credit to $56, 320 based on the recommendation of the City Engineer. All in favor. Motion carried unanimously. 6.Public Information Meeting Mayor Capra reported that this is in relation to the notice that at the City Engineer would make a presentation at 4:30 p.m. and a repeat presentation at 7:00 p.m. (and extended to 8:00 p.m. if required) on October 4, 2007 on the 2009 street project. City Administrator Larson stated that he spoke to North Metro about taping the presentation and making it available to residents. IX. ANNOUNCEMENTS/UPDATES 1.City Administrator Larson City Administrator Larson called attention to the trees that have been cut down near City Hall. He stated that this is in preparation of the pond construction behind City Hall. Mayor Capra stated that a resident reported the contractor cutting trees was very courteous. 2.I35 W/E Update Page 6 of 7