04-22-2015 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL APRIL 22, 2015 RESOLUTION NO. 2015-4-69 — APPROVING THE PRELIMINARY PLAT FOR BLACK TERNADDITIONAS WELL AS DEVELOPMENT STAGE PLANNED UNIT DEVELOPMENT (PUD) TO ALLOW THE CONSTRUCTION OFA 120 -UNIT SENIOR HOUSING FACILITY CONSISTING OF INDEPENDENT LIVING, ASSISTED LIVING, AND MEMORY CARE AS PROPOSED BY HEARTH DEVELOPMENT SUBJECT TO COMPLIANCE WITH THE RECOMMENDATIONS OF THE CITY PLANNER AS OUTLINED IN HIS APRIL 3, 2015 REPORT AND THE CITY ENGINEER AS OUTLINED IN HIS APRIL 3, 2015 REPORT The foregoing resolution was duly seconded by McGraw. Ayes (5). Nays (0). Resolution declared adopted. G.O. STREET Keis opened the Public Hearing to consider the adoption of a Street RECON- Reconstruction Plan and the issuance of General Obligation Street STRUCTION Reconstruction Bonds up to $3 million. BONDS & STREET The City Administrator reported that these bonds would be used to RECON- finance the Centerville Road reconstruction project. The Administrator STRUCTION noted that Centerville Road is a County road, and the City has agreed to PLAN proceed with the reconstruction project given the poor condition of the road and the fact that the reconstruction is not yet in the County's five- year plan. The City would agree to carry the County's share of the project for two years with the City paying the cost of bond issuance and the interest on the bonds. The Administrator noted that this project would be an addendum to the City's Five Year Capital Improvement Plan. The County's estimated share of the project cost is $2.2 million and the City's $800,000. The City Administrator noted that similar to the bonds sold to finance the Public Works Garage, this action is subject to a reverse referendum. This means that a petition requesting a vote on the question of issuing bonds can be submitted within 30 days of this evening's hearing. That petition would need to be signed by voters equal to five percent of the votes cast in the last municipal general election. If such a petition is received, the matter would have to go to a referendum on the ballot of the next municipal election. The City Administrator reported that a copy of the City's Street Reconstruction Plan is on file at the City Center for review by the public. 14