HomeMy WebLinkAbout2003 [03] Mar 19
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March 19, 2003
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Pursuant to due call and notice thereof, the City Council for the City of St. Joseph met in joint session IWith
the St. Joseph Economic Development Authority on March 19, 2003 at 5:30 PM in the St. Joseph I City
Hall. ' i I
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Councilors Gary Utsch, AI Rassier, Dale Wick,
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St. Joseph EDA Members Present: Chair Michael Deutz. Members Ross Rieke, Larry Hosch, Tom
Skahen. EDA Director Joanne Foust , I
Others Present: Dean Wick of Outsource Management, Public Works Director Dick Taufen, Wastewater
Operator Jim Marthaler. , I
Mayor Hosch provided an overview of the request from the City Council for the EDA to authorize the
purchase of Lots 1 and 2, Borgert Industrial Plat and to adopt two resolutions, which would initiate the
process of issuing lease-revenue bonds for the financing of the maintenance facility for the City's public
works department. :
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Dean Wick, Outsource Management, discussed the current bid for $389,000 and noted that if the pr¿ject
is relocated to the alternate site the city could eliminate the cost of the sewage injector as well as the
concrete retaining wall. He also noted that since another party has not acquired the current maintenimce
facility, the cost of demolition ($18,000) would need to be added to the current bid if the current site is
utilized. He added that soil borings at the proposed site would be required. I
Deutz inquired if the possibility of expanding on the Lambert site adjacent to the current maintenlnce
facility had been explored. Taufen responded that this had been investigated and deemed undesirable,
The water table on the lot is three feet below the soil and the soil is not appropriate for development. He
reported that debris has been hauled into the area and utilities are not extended to that lot. ,I
Foust reviewed the process for the EDA and Council and distributed copies of a proposed project
schedule, prepared by the city's bond counsel. It was noted that the EDA is being asked to take action on
two items this evening (1) adoption of a resolution establishing procedures relating to compliance with
reimbursement bond regulations under the internal revenue code and (2) adoption of a resolution
initiating the process for adoption of a redevelopment plan. It was noted that the Council would lake
action on March 20th to call for a public hearing on the approvai of the redevelopment area and that the
EDA and Gouncil would review the project and take action again at their regular meetings in April. i
Moved by Hosch, seconded by Skahen to adopt Resolution EDA03-01, A resolution establishing
procedures relating to compliance with reimbursement bond regulations under the internal
revenue code and Resolution EDA03-0, A resolution initiating the process for adoption of a
redevelopment plan, which would address the financing of a maintenance facility for the public
works department of the city, with the issuance of a lease-revenue bond not to exceed $545,000.
The Motion was approved 3-1 with Deutz voting nay. I
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Moved by Rieke, seconded by Deutz to authorize EDA members Skahen and Hosch to facilitat&
the execution of a purchase agreement for Lots 1 and 2, Borgert Industrial Plat for a price not to
exceed $225,000 with the purchase agreement contingent upon satisfactory soil borings land
approval of the EDA financing via a lease-revenue bond. Motion carried 4-0.
City Council Members Present: Mayor Larry Hosch.
Ross Rieke. City Administrator Judy Weyrens
Adiourn: The meeting adjourned by consensus at 5:55 PM
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