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• '-,. .! t. •'. ,' ,� �,. L W .` `...`.'. ,-'" v , <br /> ~am S .-4. -....,'•.* ;. ;y',t!K �,5 --; �y ...,,P • okr, . .~• t 4 cf:: ,i <br /> -.31,77,.' ,' .T 7' • 7Y, r { _! j . ..A1-7-n...1 ., ,i. fYa;,' k. Y2t:�-v .4:44.,,,,4'� +,i <br /> ,,y� 4.f�1r- +44 M t y Kk� .�7,:l ietdJ !L'"�' .' ` .:.;w .1,'yr'•+' •;q�il , y./Y_ ,?.y ''c !'ice'; • q-..- <br /> WIC MOWS �'d ► Melly stated the peeteCthS - W, <br /> are .,.. ',ti <br /> Coachmen Berry asked if the lead wee designated ,`.- <br /> as park area if it cold be changed to site r <br /> chock. Attorney Marts stated that there see j <br /> natrictioas if the lard was designated for parts. <br /> Attorney Morris then checkedirthe agraaoat nail :. <br /> stated that the land is not desipiatad Mader' '.z <br /> any specific title so that would it the possi- 1.`:` <br /> bfliiy of designating the iead as Coach . <br /> After the closing-of the public Wring <br /> cilwenen Ohio: coved that Council accept the , . <br /> P.U.D. application from Wood Brothers on <br /> Tract # & C with the stipulations as worked out . <br /> between Wood Brothers and the city staff with a <br /> negotiable item of Tract A for a possible church <br /> site. Seconded by Councilmen DlCarlo. <br /> Councilmen Berry moved to wad the motion to <br /> include only Tract B. Amendment died duel to <br /> lack of second. <br /> Roll call on motion. Domenico no, Berry yes, <br /> Dhieuux yes, Caranci yes, DelPIuo yes, DICarlo <br /> yes. Motion carried. <br /> SEWER BONDS Mr. Marl stated to Council that seiner and water <br /> DUNN KRAAL . facilities need to be kept cep to date and that <br /> approximately $280,404 is needed to do the ne- <br /> cessary improvements on the sewer plant. <br /> Mr. Dunn Krahl presented two plans to Council. <br /> One plan was for a m atutri ty of 24 years the <br /> other for 1S years. Mr. Xrahl stated that these <br /> would be revenue bonds and not general obligation <br /> bonds. <br /> Mr. Krahl stated that one revenue situation it <br /> is necessary to have coverage; which means the <br /> number of times the net revenue produced by a <br /> totome expenses) cover the moot of r ee <br /> debt :orrice %`. <br /> in any one year. <br /> After Mr. Krahls presentation herequested that <br /> Coach review the plans end have discussion on <br /> them at the next•surating. <br /> Coumndlwomen Ohiewx asked Mr. burl if he felt . <br /> the City could handle the lb year lee. Mr. <br /> burl felt that the City would be able to with <br /> no burden. Mr. Wurl stated that he will re- <br /> view the plan and give a recommendation at the <br /> next meeting. <br /> CITY MALL REMODELING Mr. Wurl stated that there were two bidders pre- <br /> BID AWARD sent, but only one bid was valid because the <br /> other bidder would not be able to put up a bid <br />—3 bond. <br />_ y,: . <br /> 1. <br />