07/09/1990 Council Minutes (2) - Laserfiche WebLink

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COUNCIL MEETING JULY 9, 1990 connections can be realized to pay for the temporary bonds. If necessary, restricting the supply of lots to the west side could be part of the answer to the problem. Mr. MacGillivrary said he was concerned about the credit rating but did not feel it would slip any farther. Mr. Boxrud said he has looked at a possible construction schedule for Pheasant Hills and Brandywood Estates. It appears that if the projects were approved at this time, sewer and water utilities could be completed this fall as well as rough grading of the streets. He did not feel that curbs, gutters or the first lift of bituminous could be completed until spring. There was further discussion regarding use of the Centerville lift station. Mayor Bisel asked Mr. Schneider where the Laurene Avenue lift station upgrade was at this point. Mr. Schneider explained that it is in the process at Metropolitan Waste Control and it is expected'to be operational by 1993. There was further discussion regarding how to fund the trunk gravity line from Laurene Avenue to Ware Road. Mr. Schneider said he is still pursuing obtaining financial participation from Metro. If participation is not obtained from Metro, the trunk line will not run as deep as planned. However, one (1) objective was to get rid of two (2) Metro lift stations. This can only be done if the line is deep and if Metro participates in the financing. Mayor Bisel asked about the inventory of present buildable lots. Mr. Miller said he did not have an inventory but could get one. Council Member Reinert said the bottom line is that the City must have certain solvency. Mayor Bisel said he was disappointed in the news from the bond consultant. He would like to know the cost of the gravity line and how many connections would be needed to capture the cost of the line and where these connections would be located. There was discussion as to when this information would be available. Mayor Bisel suggested that the City go ahead with the bonding for the 1987 temporary bonds and for the Montain property. If the information is favorable, the City could bond for Pheasant Hills and Brandywood Estates ninety (90) days after the bond mentioned above. Mr. Ed Vaughan, developer of Pheasant Hills was in the audience and asked since the City cannot do anything on the west side until 1993 because of the limitation in the Laurene Avenue lift station, why not bond for his subdivision at this time. Mayor Bisel explained it is necessary that the City continue developing in that area to get the connection fees to pay the bonds that have already been issued. He noted that the gravity line that is to be constructed across the Montain property can be pumped into the force main until 1993. Also the Laurene Avenue lift station can be upgraded PAGE 12