City Council Minutes 1992 05 19 - Laserfiche WebLink

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Howard: If this piece of property were leased, would those proceeds go to the Fire Protection District? Annette Brand, City Administrator, stated the proceeds would go to the Fire Protection District. Susan Griffiths, City Attorney, inquired of Bruce Joss if he was looking solely at release of the "reverter" or would he be willing to look at some other options if, Council could devise something that wouldn't entirely release the "reverter". Joss: We would be happy to look at the options. In thinking more about the purpose of the "reverter", my recollection is that there were discussions of "Gee, we've got the "reverter", we don't want the Fire District to get three acres of property and the next thing we know, have a 7-11 popping up on the west end of it with the Fire District making a whole bunch of money." The District appreciates that position. We would be willing to continue those kinds of restrictions, because we do not feel it's an appropriate use of that land either. Davidson called for Council comments or questions. NONE Brand asked Council if they would like staff to look at some options in working with the Fire District and bring it back to Council at the next meeting or as soon as possible. Howard stated "so moved". Seconded by Mayer. Seeing no objections, Davidson declared the motion passed to direct staff to come back with options. PRESENTATION OF 1991 FINANCIAL STATEMENTS - COUNCIL ACCEPTANCE OF 1991 AUDIT Kim Higgins, Engagement Partner responsible for the City of Louisville's Financial Statement Audit. She presented the Audit Report to Council (a copy of which was included in each Council Packet and is on file in Central File) and answered questions from Council (TAPE AVAILABLE). Davidson called for Council comments or questions. 7