03-18-09 Council Minutes - Laserfiche WebLink

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MINUTIJS CITY COUNCIL MARCH 18, 2009 Valento reported that the building advisory committee has worked long and hard on both identifying problems and coming up with solutions. He noted that Canabury Square property owners have been kept informed. Valento noted that the association has spent a lot of money on plans and specs in order to go out for bids. The bids received are very favorable, and Valento hoped that the interest rate would be as well. Valento then reviewed the nature of recent roof problems and the extensive inspections that were done by a variety of companies which indicate that the roof should be good for four to five more years. Bill Becklin, Becklin & Whitney, engineer hired by Canabury Square Condominium Association, appeared before the Council and reported in detail on the specific components of the project. There was discussion on whether siding should be commercial vinyl or hardy-board. Becklin reported that a decision will be finalized on the siding issue by the association as the project moves forward. Factors that will influence that decision relate to the extent of roof repairs needed as well as the possibility of realizing cost savings as the project proceeds. Valento again addressed the Council and those present and gave a chronology of the events taking place up until this evening. He commented on the very favorable bids that the project received and the need for the project. Valento encourage all those present to discuss the project with their neighbors and ask for their support. The City Administrator indicated that he will check with the City Attorney and Bond Counsel on whether a veto petition has to be accepted immediately, or whether the City could allow the fu1145-day veto period to run. The Administrator reported that there are three units that have requested a modification to their particular fees, indicating that Units #141 and #224 wanted the cost of patio doors added, and Unit #357 wants windows deleted from their fee as their windows were recently done. These changes result in a net increase of $1,900, bringing the total cost to $3,416,329. There was discussion relative to modifications to the fees with individual units adding or deleting improvements. Becklin reported that once fees are adopted, changes in individual unit improvements would have to be paid for by the property owner. He indicated that the association will likely work out a financing arrangement for those costs. McGraw asked if the fees, as provided by the association, are set in stone. The Administrator replied that it is his understanding that the fees can go down, but not up. In order to increase the fees, another hearing would