Loading...
HomeMy WebLinkAbout2010-07-14 CC WS - Approved City Council 2010-07-14 8:45 p.m. Minutes of Work Session Present were Mayor Capra, Council members Linda Broussard-Vickers, Ben Fehrenbacher, Jeff Paar and D. Love. Also present were Finance Director, Mike Jeziorski; City Attorney, Kurt Glaser and Engineer, Mark Statz. Administrator Larson indicated that staff and the developer had examined a number of options to try to close the financing gap on the Block 8 redevelopment project. Unfortunately, several sources of funding had restrictions on their use and the gap remains at near $1 million. Ron Mehl and Tom Gump of Beard Group were present to share their thoughts. Ron Mehl indicated that he had looked at everything he could think of to resolve the gap and felt that it may be best to put the project on hold until the economy improves. He suggested that the Developer and the City explore the goals for commercial space and see if a lower ratio of commercial to residential could work. He suggested that all commercial space concentrate toward the intersection of Main Street and Centerville Road. Consensus of the Council was that the Livable Communities grant should be released, since it is now clear that the redevelopment cannot proceed at this time. The matter will be placed on the next Council agenda. Finance Director, Mike Jeziorski provided an update to the draft budget for 2011. A reduction in the cut to Market Value Homestead Credit Aid and a reduction in the City’s cost for police service due to the formula calculation, results in expenditures exceeding revenue by $34,750. The budget could be reduced by that amount, or the shortfall could be made up by General Fund Balance. Within the capital expenses, was equipment that would facilitate the city clearing sidewalks. After discussion the consensus was that the City should assume the clearing of sidewalks within the right of way, but to establish a policy that states the city and property owner responsibilities. Mayor Capra asked that the Council put back in the two summer part-time workers for Public Works. Additional demands of parks and streets indicate that the workers are needed. If that was included and the levy was raised to make up the estimated $12,000 cost, a total levy increase of 1.67% would result. After much discussion, the consensus was that the budget should include the equipment needed to facilitate the city clearing sidewalks and the cost for the seasonal summer help. The budget will be presented in September as adjusted, with the proposed total levy increase of 1.67%. The meeting was adjourned at approximately 9:45 p.m. Dallas Larson, Administrator