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Home My WebLink About1985-09-17 Council minutesCOMPLETE DESCRIPTION OF COUNCIL ACTIVITIES September 17, 1985 i Iowa City Council, special meeting, 9/17/85, at 6:30 p.m. in the City. Council Chambers of the Civic Center. Mayor McDonald presiding. Council - members present: Ambrisco, Baker, Dickson, Erdahl, McDonald, Strait, Zuber. Absent: none. Staffinembers present: Berlin, Helling, Timmins, Karr, Vitosh, O'Malley, Franklin. Tape recorded on Tape 85-C67, Side 2, 108-218. Moved by Ambrisco, seconded by Dickson, to adopt RES. 85-276, Bk. 87, pp. 742-747, FIXING A DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF $4,200,000 PARKING SYSTEM REVENUE BONDS OF IOWA CITY, IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF. Affirmative roll call vote unanimous, 7/0, all Councilmembers present. The Mayor declared the resolution adopted. Moved by Strait, seconded by Ambrisco, that ORD. 85-3254, Bk. 26, pp, 345-346, AMENDING THE LARGE SCALE RESIDENTIAL DEVELOPMENT REGULATIONS SETTING AN EXPIRATION DATE FOR PLANS, be passed and adopted. Affirmative roll call vote unanimous, 7/0, all -Councilmembers present. The Mayor declared the ordinance adopted. Moved by Erdahl, seconded by Strait, that ORD. 85-3255, Bk. 26, pp. 347-350, AMENDING THE ZONING ORDINANCE REGARDING THE PLANNED DEVELOPMENT HOUSING OVERLAY ZONE PROCEDURES FOR APPROVAL OF DEVELOPMENT PLANS (OPD -H), be passed and adopted. Affirmative roll call vote unanimous, 7/0, all Council - members present. The Mayor declared the ordinance adopted. Moved by Zuber, seconded by Strait, that ORD. 85-3256, Bk. 26, pp, 351-360, TO REZONE PORTIONS OF LOTS 7 AND 8, BLOCK 1, BRAVERMAN CENTER, FROM RM -12 TO CC -2 (Pepperwood Shopping Center), be passed and adopted. The Mayor declared the ordinance adopted, 5/2, with the following division of roll call vote: Ayes: Strait, Zuber, Ambrisco, Baker, McDonald. Nays: Dickson, Erdahl. Moved by Dickson, seconded by Strait, that the proposed "Nuclear Weapons Free Iowa City Ordinance" presented under the initiative procedures of the Iowa City Charter, be given second vote for passage. Individual Council - members expressed their views. The Mayor declared the motion carried, 5/2, with the following division of roll call vote: Ayes: Baker, Dickson, Erdahl, McDonald, Strait. Nays: Ambrisco, Zuber. The Mayor announced the following vacancies: Senior Center Comm. -two vacancies for three-year terms ending 12/31/88 and Resources Conservation Comm, -one vacancy for an unexpired term ending 1/1/88. These appointments will be made at the 10/22/85 meeting of the City Council. i Moved by Strait, seconded by Ambrisco, to adjourn to informal session, 6:45 p.m. The Mayor declared the moti n carried unanimously, 7/0, all Councilmembers present. M R N71 KEA�TY CLERK I I _ F i I t i I i i City of Iowa City MEMORANDUM Date: September 13, 1985 To: City Council From: Rosemary Vitosh, Director of Finance ulftwjl) Re: Parking Revenue Refunding Bond Issue Finance staff and Wayne Burggraaff of Evensen-Dodge have been reviewing the possible refunding of the parking revenue bonds which were issued in 1978. The advantage of the refunding lies in the fact that the current bond resolution could be replaced by a new bond resolution which allows for a lower bond coverage. As you will recall, the current bond resolu- tion requires a bond coverage of 1.5. In a new bond resolution, the coverage could be lowered to 1.3 or 135. A reduction in the required bond coverage would lower the revenue require- ments for the Parking System: This would allow the City to somewhat slow down the parking rate increases scheduled for future years. This could be a critical factor in assuring the financial feasibility of funding another parking ramp in downtown Iowa City if one is needed in the future. Proposed Federal tax legislation would limit refunding issues in the future, therefore it is imperative that these bonds be issued prior to December 31, 1985. Preliminary projections show that the refunding issue could be structured such that the City would incur no additional cost from the issuance of these refunding bonds if favorable market conditions continue. More detailed information on the bond issue structure will be presented to Council in the Presale Analysis scheduled for discussion at the informal meeting on September 23, 1985. At the September 24, 1985, formal meeting, the Council will hold a public hearing on this proposed refunding issue and will consider a resolution authorizing staff to proceed with the bond issue. bc4 /7,.?f4 1 j 1 { i September 17 ,, 1985 The City Council of Iowa City, Iowa, met in s eYR session, in the Council Chambers, Civic Center, Iowa City, Iowa, at 6:30 o'clock P.M., on the above date. There were } present Mayor McDonald in the chair, and the following named Council Members: -I Ambrisco, Baker, Dickson, Erdahl, McDonald, Strait, I Zuber. 1 1 Absent: None I _i, i .I t I P t i Informal Council Discussion September 17, 1985 Informal Council Discussion: September 17, 1985 at 6:45 p.m. in the Council hambers at the Civic Center. Mayor John McDonald presiding. Council Present: McDonald, Strait, Baker, Zuber, Erdahl, Ambrisco, Dickson. Staff Present: Berlin, Helling, Timmins, Karr, Schmadeke, O'Malley, Vitosh, Cain, Fran lin. T�a e,Recorded: Reel 85-C66, Side 1, 549 -End, Side 2, All, Reel 85-C68, Side 1, A1T, Side 2, 1-2. i Wastewater Plan - Alternative StudyReel 85-C66, Side 1 Berlin stated that Council received phase three of the Metcalf & Eddy study that makes a specific recommendation from among the three studied alterna- tives. Berlin asked Council for directions as to the preferred engineering alternative. Berlin said once a preferred engineering alternative is chosen, Metcalf & Eddy will proceed with phase four. While Metcalf & Eddy is completing phase four, City staff will be working with the City's fiscal consultant and the ad hoc committee will be working with staff on specific recommendations regarding the plans and contracting. Lawrence Jaworski and Loren Leach of Metcalf & Eddy reviewed the recommenda- tions and conclusions from phase three of the Metcalf & Eddy study. Leach stated that Metcalf & Eddy studied alternative methods of solving Iowa City's wastewater needs for a 20 -year planning period,13 alternatives were origi- nally developed, and three alternatives (A2, B8 and A11) were selected for detailed study. Alternative d8 utilized the existing wastewater facility and alternatives A2 and All utilizes the existing facility with an additional regional facility located on the southern limits of the community. Leach stated that alternative A2 would require construction of a major interceptor sewer system and alternative All provides a shorter route for getting wastewater to the facility. Leach said Fluer did a detailed review of the alternatives by studying the cost estimate methodology, proposed construction materials, construction methods and timing. Fluer concluded that all three plans are constructable and estimates are viable. Leach stated alternative All is recommended for final analysis and that All will meet the future needs of Iowa City. Leach stated that Arthur Young financial information was not ready. Strait asked if the ad hoc committee has reviewed the recommendations. Berlin stated that the ad hoc committee has received copies of the recommen- dations and several members of the committee are present at this evening's meeting. Berlin stated that the ad hoc committee member Noel Willis did concur with the recommendation. Other ad hoc committee members, Burger and Gibson, concurred with the recommendations. Schmadeke said the Public Works Department concurs with the recommendations and that alternative All will alleviate the problems in the southern part of the city. Z 3a. 'r 2 In response to McDonald, Leach said alternative !8 proposal to use the present site would meet the needs of the city for a 20 -year planning period but would not allow for other types of development at that site. Ambrisco inquired about the potential staffing at the new facility. Leach stated that the future staffing needs were studied and the new facility will utilize technologies where feasible and reliable to minimize labor needs. Berlin noted that without having to follow federal guidelines because of not receiving federal funding, the City has more flexibility of looking at labor reducing alternatives. Strait inquired about a lawsuit in Red Oak regarding the federal funding guidelines. Berlin stated the courts overruled an original decision in favor of the city's design and position. In response to Strait, Jaworski said 1990 cost estimates were used and the population projection of 69,000 provided by the Planning Department was used. Zuber inquired about construction cost estimates that are projected to 1990 values with a 5% inflation rate. Jaworski explained that Metcalf & Eddy used 1990 as a base year when the facility will be ready to operate; a 5% per year increase in construction costs to the 1990 period when the City will be constructing the facility; annual operating and maintenance expenses occur- ring from 1990 on were brought back at a 7 3/8% interest rate to 1990 for present worth determination. Those maintenance and operation costs were added to the construction costs that were brought forward to 1990 utilizing a 5% interest rate totaled the present worth cost of the improvements. Zuber inquired about the $4 million/15% contingency fund and total costs of the facility for the 20 -year planning period. Jaworski explained the contingency fund is for any costs, construction, legal, engineering, associated with construction of the facility. Leach referred to Fluer's construction cost and present worth estimates and stated alternative 92's present worth for the 20 -year planning period is $63,697,000. Strait asked about receiving privatization information. Berlin stated that Metcalf & Eddy will concentrate on a detailed engineering report and will provide the ad hoc committee with an outline of the construction alternatives for alternative B11 project. McDonald stated that the Metcalf & Eddy phase three report was excellent. Council directed staff to proceed with alternative All as recommended. Concerns were raised by a citizen regarding the length of time the Council has had to study alternative All and how the location of the wastewater treatment plant would impact the Snyder Creek watershed. Jaworski said that the treatment plant as proposed could be located further south than the original proposed facility. In response to Erdahl, Jaworski said the recommended project would save an estimated $16-517 million compared to the originally proposed project. Economic Development Update - Ray Huston Reel 85-C66, Side 2 Ray Muston distributed copies of the First Capitol Development, Inc. draft of the interim annual report and an outline of the strategic plan for First Capitol Development. Muston reviewed First Capitol Development's strategic plan as outlined in the handout and highlighted the following: K, Accomplishments by First Capitol Development through April 1985; goals and objectives for 1985-86 as it relates to policy, infrastructure, marketing materials and programs, and general goals. Muston reviewed target industries as defined by the State Industrial Development Commission and by First Capitol Development marketing taskforce. In response to Baker, Muston stated that Indianapolis' economic development project was a major effort and that education and publishing is being targeted for industries for the Iowa City area. Strait inquired what is being done to support existing industry. Muston stated that current busi- nesses and industries are being monitored for problems and solutions sought assistto ted$40,0 them. In to FirstrCapoitol Development, Iston nc. andted thathat FirstwCapitolcoit- Devel- opment, Inc. needs to have stability in funding on a five-year basis. Muston noted that financial support is being sought from private industry within the community. Baker noted that there is aerce tion within community regarding zoning ordinances as it relates to economic developments Muston and Berlin commented that work needs to be done regarding attitude of the community as it relates to economic development. Strait stated that the citizenry of Iowa City should be considered throughout the economic develop- ment process. i. McDonald noted appreciation for the work done by Ray Muston. In response to j Dickson, Muston noted that community resources are being utilized in such projects as a newsletter and slide show. Council Time i I I 1. Council agreed to cancel the November 5, December 30 and 31 Council meetings. 2. In response to Dickson, Berlin stated that PPD Director Schmeiser took the pictures of the sidewalk cafes included in the Council material. Executive Session Moved Dickson, seconded by Strait, to adjourn to executive session under Section 21.5c, litigation, to discuss strategy with Council in matters that are presently in litigation or where litigation is imminent where its disclosure would be likely to prejudice or disadvantage the position of the governmental body in that litigation. Affirmative roll call vote unanimous, 6/0, Erdahl absent. The Mayor declared motion carried. Council adjourned to executive session at 8:25 p.m. i I I I ■