1992 Rec./Disb./Res. & Minutes - Laserfiche WebLink

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City Council Meeting Minutes August 12, 1992 page four Motion by Buckbee, second by Wilharber to authorize a change order to the sepcifications for Center Hills. Third Addition Streety and Utility Improvements and City Hall Site Water Main Extension - dated June 1992 to allow the extension of municipal sewer and water through the proposed Acorn Creek Development to facilitate the Center Hills. Third Addition eliminating the need for a temporary lift station in the Center Hills. Third Addition, contingent upon: receipt of a proper petition from the property owner; a signed waiver of release of liability and responsibility for the City; the City of Centerville shall absorb the oversizing costs in the amount of $17.500.00; the cost to the Developer shall be $152,000.00; motion carried unanimously. Financin~ - Munici9al Buildin~/Center Hills, Third Addition/Acorn Creek Sewer and Water Extension/Second Municioal Well and Pumo House/Main Street Water Extension/Wegletiner Water Extension Carolyn Drude, Municipal Financial Advisor, was present at the meeting. She advised that she inquired of David Kennedy. the bond attorney, to see whether the City Council could utilize the Flood Plain Reduction Bond for the Center Hills. Third Addition project. She advised that Mr. Kennedy urges the City not to do so if there is a chance the project will come to life. Motion by Buckbee. second by Dario to authorize Council member Burgstahler. the City Clerk/Administrator and Mayor Buckbee to work out the details of the financing for: the Center Hills, Third Addition, the Mill Road/Weglitner Addition water extension. the Main Street water extension, the Municipal Building, and to work out the details of said financing with Carolyn Drude, Municipal Financial Advisor; authorization for advertisement for bids; the numbers proposed for financing consideration at this meeting shall not exceed the dollar amounts in a letter dated August 12, 1992 from Ehlers and Associates, motion carried unanimously. A copy of the August 12, 1992 letter from Ehlers and Associates regarding projects for consideration financing is on file with the Clerk/Administrator. Ms. Drude advised that it is anticipated the City should award the bid on September 9, 1992 and that money should be available before the end of September.