City Council Minutes 2005 05 03 - Laserfiche WebLink

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City Council Meeting Minutes May 3, 2005 Page 9 of 16 Mona Newton, 708 Grant Avenue, Louisville, CO requested that Council consider shelving the ordinance in order to discuss the issues. Doug Grinbergs, 508 W. Sycamore Circle, Louisville, CO suggested the City consult with the CML, DRCOG and the Boulder County Consortium of Cities on franchise agreement issues. Mayor Sisk requested further public comment, and hearing none closed the public hearing. Council member Van Pelt asked Public Service Company to consider alternatives such as a re-opening clause. Mayor Sisk concurred and suggested that Staff be directed to prepare language such as a re-opening clause. City Attorney Light stated he had previously drafted a re-opening clause, which Xcel Energy rejected. He stated he could draft new language and present it to Xce!. MOTION: Council member Van Pelt moved that Council, direct Staff, and the City Attorney to draft amendments to the Public Service Franchise Agreement which include a re-open clause, for the May 17, 2005 City Council meeting. Council member Marsella seconded the motion. Roll call vote was taken. The motion carried by a vote of 6-0. Absent - Council member Brown. ORDINANCE No. 1470, SERIES 2005 - AN ORDINANCE AUTHORIZING THE SALE AND CONVEYANCE OF PROPERTY OWNED BY THE CITY AND DESCRIBED AS lOTS 1 THROUGH 3, BLOCK 3, lOUISVlllE OLD TOWN, BEING THE EXISTING lOUISVlllE LIBRARY PROPERTY _1st reading - set public hearing 5/17/05 Mayor Sisk requested a City Attorney introduction. City Attorney Sam Light read Ordinance No. 1470, Series 2005. City Manager Bill Simmons reported the City has received offers from two different parties for the purchase of the library building. Mr. Louis J. DellaCava's offer had the most favorable terms, in the amount of $1 ,700,000, to be paid in cash upon closing. The purchase contract also includes a provision for a sixty- day extension. Council member Marsella noted Mr. DellaCava's offer was higher and in cash. MOTION: Mayor Sisk moved that Ordinance No. 1470, Series 2005 be sent out for publication and a public hearing date be set for May 17, 2005, seconded by Council member Van Pelt. All in favor. Absent - Council member Brown.