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HomeMy WebLinkAbout133-89 RESOLUTION• RESOLUTION NO. 733--89 No resolution was ever drafted. Attached is . a copy of the Board of Director minutes where the resolution was adopted. .- 407 stated there was an hourly rate. However, the maximumfee to be charged cannot exceed an amount equal to .00175 (the % sign in the contract is to be removed) of the aggregate face amount of the bonds issued. Linebaugh stated Staff had requested the hourly rate which might save money over a flat fee. 407.1 Robert Brandon addressed the Board and asked how the approximately $10 million designated for the school construction would be handled in the bond indenture. 407.2 Linebaugh stated the $10 million for schools would be a part of the total $60 million bond issue. The City will build the school and lease it to the school system. 407.3 Mayor Martin asked if the $10 million figure for schools would be specifically identified in the bond prospectus. Linebaugh stated it would be one of the capital uses, but would probably not be specifically highlighted as designated for schools. 407.4 Brandon asked specifically about the lease agreement between the City and the school system. He stated the lease arrangement had not been made clear and he wondered where the school system was to come up with the money to pay the lease. 407.5 Mayor Martin stated the lease arrangement had been agreed upon by both the City and school system, and the lease is really an economic funding mechanism. 407.6 Linebaugh stated the legal advice the City had received stated the City could not just give the school system $10 million. The City had to build the building in order to make it a legal transaction. 407.7 Mayor Martin stated the school would not be paying back the $10 million through the lease arrangement. If there is no economic development, there is no payment essentially from the schools to the City. Upon roll call, the motion to approve the bond counsel contract passed unanimously. RESOLUTION 132-89 APPEARS ON PAGE OF ORDINANCE AND RESOLUTION BOOK MUNICIPAL -JUDGE -HEALTH INSURANCE 1 407.8 Mayor Martin introduced consideration of a resolution approving health insurance benefits for the Municipal Judge with the City's insurance provider, Blue Cross Blue Shield. 407.9 A survey of other area municipalities showed that most of them provide health insurance for the municipal judge. Blue Cross Blue Shield would only allow this if a new group of elected officials were to be provided coverage, and then all elected officials would have to be covered; i.e., the City would have to pick up the costs on single policies for all elected officials. Due to the long-term 1 implications outlinedin the letter from Blue Cross Blue Shield, Staff does not recommend approval of the benefits at this time. Linebaugh stated Staff had asked Blue Cross if any arrangement 408.1 could be made to provide coverage for the judge. In this regard, Staff recommends that the judge be allowed to obtain his own single coverage and the City pay the judge the amount paid to Blue Cross for single employee coverage. Green, seconded by Kelley, made a motion to approve the health care insurance premiums for the judge equal to the same benefits of the other city employees. Lancaster asked if the money was to be used strictly for health insurance premiums. Director Green stated this was the intent of his motion. Vorsanger stated he felt the judge should be treated as any other employee and be providedeither single or family coverage whatever he needs. Linebaugh stated the judge had only requested individual coverage. 408.2 408.3 408.4 Upon roll call, the motion to pay the equivalent of health 408.5 insurance premiums to the Municipal Judge passed unanimously. RESOLUTION 133-89' APPEARS ON PAGE OF ORDINANCE AND RESOLUTION BOOK HUNTINGDON HOMEOWNERS ASSOCIATION Linebaugh stated the problem in the subdivision is very complex. The developer is responsible when he puts in a subdivision for the drainage and street construction. At the same time, the City is responsible for making sure the proper drainage and streets are constructed. In this case, the developer had financial problems and did not complete the work. The City is not legally responsible to provide drainage or street work if the developer fails to do so. However, the City is responsible to try and protect the public in this type of situation. When the developer goes through the building process, he is allowed to continue on even though he does not have the drainage or street construction completed and building permits will be issued. In the final plat review, liens are required on lots equivalent to the cost of completing the street and drainage construction before the building permits are issued. In this subdivision, several problems have occurred: (1) There 408.7 appears to have been an inadequate drainage plan that the City approved. This is still being investigated. (2) There were liens that were received on the lots. However, the City failed to sell the lots to complete the construction. The City has requested an engineering study into the drainage problems, and the City is looking into the old engineering study on the drainage plan to see if it had been done correctly and why the City accepted it. Staff is also looking into why the protection system failed on the liens. 408.6