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04-25-07 CCCONTINUATION OF OTSEGO CITY COUNCIL MEETING OTSEGO CITY HALL 5:30 PM APRIL 25, 2007 1. Mayor Larry Fournier will call the meeting back to order. Mayor Larry Fournier called the meeting to order at 5:33 PM. Roll Call: Mayor Larry Fournier; Councilmembers: Vern Heidner, Jessica Stockamp, Mark Thorsted and Tom Darkenwald. Staff: City Engineer Ron Wagner, City Attorney Andy MacArthur, City Clerk/Zoning Administrator Judy Hudson, Finance Director Gary Groen and Tami Loff, Administrative Assistant. 2. Landcor Petition for Public Project. Finance Director Gary Groen reviewed the Capital Improvement Fund, Landcor's escrow and Assessments. City Engineer Ron Wagner went over the Landcor Petition. Mr. Fields is asking for the WaterFront East and Friendship Addition to be City Projects. Mr. Wagner said the addition of the bike path in Waterfront East will be another $30,000. The Friendship Plat's 88"' Street extension and the water/sewer would total around $230,000. Bob Fields, Landcor, said the property on the East side is owned by Landfunding I and the other parcels are owned by him. Mr. Fields said that three parcels should be taken off the existing letter of credit on the east side. Mr. Groen said that Landcor's Letter of Credit has expired on the 14"'. Mr. Fields said that Mike Robertson received an email this morning regarding providing a new letter of credit. CM Darkenwald asked Mr. Fields when he received correspondence regarding Letter of Credit. Mr. Fields said Monday the 16"' and that he submitted to JCI right away. Mr. Fields said that he will provide a Letter of Credit. Gary Groen asked Mr. Fields about the pass due account for the Leaps and Bounds Daycare sewer/water extension. Mr. Fields said that they have not paid it because they do not agree with the amount. He said they will pay $15,000 not the $19,000 that they were billed. Mr. Fields said that he gave Mr. Robertson a statement that he will only pay $15,000. He said that he is looking for some kind of agreement then he will pay the bill. Mr. Wagner said that with the project they had to spend more time there than usual. They were out there every day in January because of the issues that came up. They needed to make sure that it was going correctly. City Council Meeting of April 25, 2007. Page 2. Gary Groen asked Mr. Fields about the $5,972.17 owed for Waterfront East & Outlot assessments. Mr. Fields said that they usually pay within 30 days and the City should receive payment by May 2"d Mr. Fields stated that they are very close at getting a signed lease from Golds Gym. The issue is with the road extension of Quantrelle Avenue. Once that is figured out it would make it easier for him. Mayor Fournier said that one option is to bond for it. Mr. Fields said that he doesn't feel that is a problem he just wants to know if it is a City Project or his, that will make a big difference. CM Darkenwald said that he doesn't feel comfortable looking at this before the other issue is resolved. Mr. Fields said he will lose the deal if nothing is done. He would like Council to vote tonight. CM Heidner stated that we should be able to come to some decision tonight. We have time to make sure everything is fine if he is willing to move forward. Mr. Macarthur said that he can not do the Developers Agreement until this is done. CM Heidner motioned to move ahead with 2.5 The Feasibility Study on Quantrelle Avenue and 88th Street and make Quantrelle Ave and 88th Street a city project subject to letter of credit. Seconded by Mayor Fournier. 3 in favor. CM Darkenwald opposed. CM Thorsted abstained. Mr. Fields said that the city owes him around $60,000 and that he has had conversations with Andy and Mike regarding this. City Council said they will take a look at this. 3. Any other items. None. 4. Adjourn. CM Thorsted motioned to adjourn at 6:45 PM. Seconded by CM Stockamp. All in favor. Motion carried. Mayor Larry Fournier ATTEST: Tami Loff, Administrative Assistant