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City of Centerville Council Meeting Minutes October 13, 2004 businesses in town. City Staff would be responsible for accepting cash or checks for the purchase of these checks and issuing them to residents. Council Member Broussard Vickers how the bad debt would be handled should the checks issued to the City for the purchase of the checks bounce. Mr. Burke suggested that the Chamber of Commerce handle any bad debt issues. Council Member Capra indicated she is concerned with how much time this would take for Staff to administrate. Mr. Burke asked Council to authorize that plans be drawn up for a TIF district in the downtown area. Council discussed the matter and informed Mr. Burke that it costs money for a study and the City is not interested in paying for a study at this time and would not be willing to work on a plan until the plans for CSAH 14 have been finalized. The Council indicated that, if Mr. Burke and the other downtown business owners would like to contract and pay for a study to be presented to the City, they are welcome to do so. 4. Sedona Homes/Jackson Commercial Developer’s Agreement – Centerville Town Office Park, Phase I (Lots 1 through 10) Mr. Keleher appeared before Council and asked how soon the $200,000 letter of credit could be reduced. City Attorney Hoeft indicated that the developer is free to ask at any time after there is substantial completion of the project. He then said that the work must be inspected and approved by the City and Council must authorize any reduction. Council Member Capra asked whether the recently approved commercial park dedication fees would apply to this development. Council asked Staff to determine when preliminary plat approval was given on this project and when the commercial park dedication fees were approved. Mr. Keleher indicated that he needed final plat approval before he can get a grading permit because, he cannot get a grading permit without approval from Rice Creek and, he cannot get approval from Rice Creek unless his plat has been recorded. City Attorney Hoeft indicated that this item was not on the agenda for final plat approval and said that he would need to review the final plat to make sure that all required provisions have been met before he could recommend approval. Council asked Staff to place the final plat on the October 27, 2004 agenda. 5. Ms. Peil Request for Paint for Warming House Ms. Peil appeared before Council and indicated that it has been very difficult painting the warming house and said she needs 15 more cans of paint and authorization to purchase a new Wagner sprayer as the existing one is not working properly and is very old. Page 3 of 10