06-22-99 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL JUNE 22, 1999 DEBT LEVY Mr. Morelan introduced the following resolution and moved its adoption: REDUCTION COMMITTEE RESOI. UT70N NO. 99-6-162 - CAI.I,ING FOR A PU137.IC HEARING REPORT ON WEDNESDAY, AUGUST Il, 1999, AT 7:30 P.M. TO CONSIDER THE DE73T LEVYREDUCTION COMMITTEE REPORT The foregoing resolution was duly seconded by Scalze. Ayes (4) Morelan, Scalze, Fahey, Pedersen. Nays (0). Resolution declared adopted. GOODYEAR Mr. Jack Lowry, R. J. Marco Construction, repoRed that they have TIRE a draft of the development agreement with the City for the Goodyear PROPOSAL Tire proposal, and it is their intent to go forward with the project. The Administrator noted that the City is proposing TIF assistance for this project to assist with land acquisition costs. However, the developers will still be responsible for the base cost. The developers net cost of property acquisition will be over $5.00 per square foot which is at or above the market cost. Morelan asked the status of the moratorium on the property. The AdministraYor recommended that tlie moratorium continue until the development agreement is implemented. Fahey suggested that the expiration date of the moratorium be checked, and if necessary, the Council could extend it at its next meeting. Mr. Fahey introduced the following resolution and moved its adoption: REb'OI, U7lON N0. 99-6-163 - DECI ARINC THAT THE MORATORIUM ON TFIE RICE STREET/COUNTY ROAD C PROPERTY WlI,I. STAY IN EFFECT Ab" PREVIOU.SLYADOPTED I3Y TFIE CITY The foregoing resolution was duly seconded by Scalze. Ayes (4) Fahey, Scalze, Morelan, Pedersen. Nays (0). Resolution declared adopted. TRUCK Mr. Fahey introduced the following resolution and moved its adoption: RESTRICTIONS/ LABOREROAD RESOI,UTIONN0.99-6-764-ENACTINCTRUCKRESTRICTIONS` ON LA730RE ROAD AS RECOMMENDED 13Y THE PUI3LIC WORKS DIRECTOR 25