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MIVI!'i'i?S <br />C~.ity Counc'il <br />a'eb. 23, 19f13 <br />'fraf_fic The Clcr4< re~orted tha[ this w~s a t.emporary borid ;-ssue, and c.+hen <br />Si.gn11 Che project is done the Ci.ty c.~i.11 ref~inance wi.th a n~rm~ment Sond <br />(ConC.) i.ssue. 7ne Cl.erlc also pointed out t11ae there are times that a <br /> project ~vil1 go over what i.s bonde d for~ and then CP~e C~.ity inusc <br /> bon-ora ¢z~M anoY.lier bond isSUe. <br />N,[rs. ~lardini. tisked ~i.f Che biisinesses were ore~pared to accept Lhe <br />ent~lre co>t o£ t:he installat:i.on of the traffi.c si.;na7. if the City <br />agrees t:o as,ess the cost:. N(r. Newman ren7.iec1 thal they ~aould. <br />Mrs. Scalze, stated that she was a~;eeeab].e to thi.s, buC that Che <br />b~isi.ness shoi.il.d worlc oi,it Che ~ssessmene Lor~rit.il.2. <br />Mrs. Scalzc introduced the follow~i_ng resoLution and mo~~ed its adoot:~ion: <br />12FSOLU7'IOP7 N0. 33-2-90 - AUTl~IORI'L',I~7G 'fHH; <br />C7'CY 9'I"LORD?}FY TO PRF,PAR17; A JOIN'C POti~]I?.RS <br />AGP.I,i.r1)i;NT '3E7'WL:EN 7'HP: C"t7'Y APdD 'CHE ^9£;RCHAN'CS <br />IN 'Cl~li? t\]irf~ OP RiCii STrtl?ET ADIp `dIDINtiS07'A <br />.~VrPfl1P RP;GnRDING '!'1~1~' 7'F,!~1POP;nRY 'CRAfPiC iiG~tAT, <br />f~'C 'CFIIS TNCI;RSi±CTION <br />Th~ foee~oi_n~; resol.uCi_on was duly seconded by T1r. i~or,sberi>,. <br />Ayes (5) >ca.Lrc, fbr.~sUerg, ['ahey, Nardi.n~i., Hanson. <br />Na9es (0). <br />12esoluti.on cteclared adopterl. <br />7'his resotution ~ppears i_n }?esol.ution ~ioolc No. ~, P~ge 99. <br />Mr. t-tanson sug~;ested C11at the Attorney move as <~ui.clcly as possi.bl.e <br />on t:hi.s maeCer. <br />hr. ~`]ewman incii.cated thrat the Ci.ty of. Rosevil.le may 1>artic~i~ate in <br />Che cost; iL they feel tlzeir merchants w~L'll. benefi_t. "4r. Neorrnan <br />st:at:ed that the City sl~oi.ild deci.de what timc period ~it would toant <br />C:o r.~alc~ t1,1e assessrnent fo1', but suggested not: less than three years <br />nor more thart fi.ve. <br />~7r. Newman indi.cated that the merchants 4iave a target date of: June <br />]. f:or this si.~;nal. <br />hir, 0'Connor cominented t_Piat he Eelt noth~i.no should be drafted unt~.i7. <br />Lhe Ci.ty recPi.ves a petition f,rom the merchants. <br />~1r. ~Ic:~aman stated tnaC he wi.l.l ni.ve the Attorney the l.egal de,cripCi.ons <br />ot the~ property tl~at this should be assessed to. T4r. Newman also <br />askecl i.f the merch~nts coutcl pairCi.cipate in1`ormally i.n the ar<2nting <br />of the coneract. Ne~aman stated that he feel.s r_he ~30,000 1.nsC~l.laCi.on <br />cost seems hi.gh. 'fhe Clerlc repl.icd that: this w:i.11 be bid with seal.ed <br />bi.ds. ~4r. i~at~ey canmented that the mer.chariCS czin encourage peonle <br />to bi.d on the nro,ject. <br />Page -20- <br />