02-21-96 Council Special Minutes

Home Browse Search

MINUTES CITY COUNCIL FEBRUARY 21~ 1996 appliances and carpeting. Pedersen felt it was unrealistic to try to go backwards and require a sprinkler system be installed. Fahey felt that the City should try to get what life safety improvements it can, pointing out that the City~s issuance fee could be used to help defray the cost. Pedersen stated that he thought what made the authorization by the City for tax-exempt status attractive, was the fact that the City would generate a fee for doing so. Pedersen again pointed out that the rehab is deferred maintenance and not a major renovation. Pedersen felt that requiring a$140,000 sprinkler system be installed was unreasonable. Morelan stated that he did not come to the meeting with the idea that the sprinkler system must be installed or he would not support the tax exempt status for the bonds. Morelan felt this was an excellent opportunity to work with the developer to get some things done. Morelan suggested that perhaps it does work to just have one building sprinkled at this time. Fahey stated that he did not want to impede the transaction, but would rather see money spent to upgrade life safety than to do a secondary upgrade of the existing smoke detection system. Pedersen felt that the City should accept the compromise of Dominium for an improved detection system, and that the City should retain its $40,000 fee. Morelan pointed out that there are not only residents to alert in the event of a fire, but there are fire fighters who would be responding to the fire and going inside the buildings. Fahey asked if the City accepted the developers' proposal and kept its fee, would the fee go into the General Fund? The City Administrator suggested that the fee could be used for redevelopment purposes. Scalze asked which was more important, putting a 7