2021.08.02 CC Minutes - Laserfiche WebLink

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Hugo City Council Meeting Minutes for August 2, 2021 Page 3 of 6 Approve Authorization for Zoning Ordinance Text Amendments to be Reviewed by the Ordinance Review Committee The Ordinance Review Committee (ORC) had reviewed several ordinance text amendments since 2004. Over the next year, the ORC would be reviewing and making recommendations on zoning ordinance text amendments including the Shoreland Overlay District regulations, Adequate Public Facilities ordinance, and Zoning District regulations. A work plan for the ORC on these revisions would be prepared by staff. There were also areas of the zoning code with inconsistencies or minor revisions that needed fixed. Adoption of the Consent Agenda approved zoning ordinance text amendment to be reviewed by the ORC. Approve Pay Request No. 10 to Ebert Construction for the Public Works Facility Project Ebert Construction had submitted pay request No. 10 for payment for the City of Hugo Public Works Facility project in the amount of $601,187.02. The quantities completed to date had been reviewed and agreed upon by the architect, contractor and City staff. The amount indicated above reflected the work certified through July of 2021, with a 5% retainage applied. Total retainage being held for the project to date was $255,444.96. Adoption of the Consent Agenda approved payment request No. 10 in the amount of $601,187.02 to Ebert Construction. Approve Pay Request No.2 to Ebert Construction for Public Works Salt and Materials Storage Proiect Ebert Construction had submitted pay request No. 2 for payment for the City of Hugo Public Works Salt and Materials Storage project in the amount of $152,861.17. The quantities completed to date had been reviewed and agreed upon by the architect, contractor and City staff. The amount indicated above reflected the work certified through July of 2021, with a 5% retainage applied. Total retainage being held for the project to date was $10,990.79. Adoption of the Consent Agenda approved payment request No. 2 in the amount of $152,861.17 to Ebert Construction. Approve Resolution Providing for the Sale of $8,380,000 General Obligation Tax Abatement Bonds and Authorize Staff to Accept the Amount of Reoffering Premium Necessary to Fully Fund the Construction Fund Interim Finance Director Anna Wobse provided background to Council on the financing of the Lions Park improvement project. At the June 21 and July 19, 2021 City Council meetings, Council accepted bids and proposals for the Lions Park pavilion, site improvements, phase one and phase two playgrounds and related improvements. At the June 21 meeting, Council called for a public hearing on tax abatement to be held on July 19, 2021, in preparation for considering the sale of tax abatement bonds to pay for the improvements. The tax abatement public hearing was held on July 19 at the regularly scheduled City Council meeting and no public comments were received. Council approved the tax abatement district and the resolution approving the property tax abatements thus allowing the City to issue tax abatement bonds to finance the Lions Park project and related public improvements. Staff expected the cost of the improvements to total $8,650,000. Staff had been working with Paul Steinman from Baker Tilly on a preliminary debt service schedule and staff was recommending the issuance of tax abatement bonds in the principal amount of $8,380,000. The remainder of the project construction funds would come