Sunday, June 14, 2009

Agenda Items - June 16

Some of the agenda items included for June 16th include...

Passing an Ordinance for the Special Assessments for the Coyote Ridge Development. According to Development Incentive Policies, the City picks up the tab for the installation of infrastructure (streets, water, sewer, electric),then assesses the cost to the property owners in the form of Special Assessments. Included in the incentives is a three-year deferment on the specials which have now come due. The City issued Temporary Notes to fund the project, and will now issue Bond to pay off the Temp. Notes.

Passing an Ordinance making Fair Street an official "traffic thoroughfare. This is the first step in repairing Fair Street since an investigation determined it to be property of the railroad.

A Resolution issuing Bonds for the purpose of repairing the Fair Street Underpass. The work, estimated at approximately $300,000 includes correcting drainage issues as well as resurfacing the roadway.

A Resolution accepting bids (#1.2 million) for the Beaver Creek Sewer Line. The line will connect the U.S. 160 corridor area with the new Waste Water Treatment Plant. Funding is from a revolving loan account available through KDHE. The loan will be repaid through assessments on those in the "benefit area" who connect to the sewer.

A Resolution establishing the official agreement between KDOT and the City of Wellington for the receipt of AARA Funds to be used for the Hillside Street Bridge project.

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