HomeMy WebLinkAbout2005-04-25 Spec.
CITY OF CENTERVILLE
SPECIAL SESSION MEETING
APRIL 25, 2005
9:00 a.m.
Pursuant to due call and notice thereof, the City of Centerville held a special session meeting on
April 25, 2005, at City Hall, 1880 Main Street.
PRESENT:
Mayor Mary Capra
Council MemberLee
Council MemberLakso
Council MemberPaar
ABSENT:
None.
STAFF:
City Attorney-Barna, Guzy & Steffen, Ms. Joan Quade
City AdministratorLarson
I. CALLTOORDER
Mayor Capra called the April 25, 2005, City Council meeting to order at 9:00 a.m.
Motion by Council Member Lee, seconded by Council Member Lakso to close the
session to discuss pending litigation. All in favor. Motion carried unanimously.
Pending Litigation – Lakeland Hills & Royal Industrial Park (Royal Oaks Realty)
Ms. Quade reviewed a proposed settlement offer from Royal Oaks Realty. A part of the
settlement would be to allow part of the payment to the City to be delayed until
November 15, 2005. The second payment would be without any interest accrual. The
Council discussed concerns with making sure that the November payment is made as
expected and discussed possible methods of securing the payment, including a mortgage
on the remaining property of Royal Oaks.
Motion by Council Member Paar, seconded by Council Member Lee to reconvene to
the special session at 9:20 a.m. All in favor. Motion carried unanimously.
Motion by Council Member Lee, seconded by Council Member Paar a approve a
proposed settlement agreement provided thatthe City’s attorney verifies that the
second payment can be secured by a lien on the land and that the title be checked to
make sure that adequate equity is remaining to protect the City’s interests. All in
favor. Motion carried unanimously.
City of Centerville
Council Special Session Meeting Minutes
April 25, 2005
XI. ADJOURNMENT
The meeting was duly adjourned at 9:24 a.m.
Transcribed by:
Dallas Larson, City Administrator
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