HomeMy WebLinkAbout1997-03-19 Minutes numberedCity of Iowa City
MEMORANDUM
Date:
To:
From:
Re:
March 19, 1997
Mayor and City Council
City Clerk
City CounciVLibrary Board Joint Meeting - 5:00 PM
Council present: Novick, Kubby, Lehman. Norton, Thornberry, Vanderhoef. Absent: Baker.
Library Board: Traw, Greenleaf, Hubbard, Singerman, Swaim, Martin, McMurray, Spencer (5:15
PM). Absent: Cox.
Staff present: Atkins, Helling, Woito, Karr,
Lubaroff, Dilkes, Black, Clark.
Tapes: 97-50, Side 2; 97-53, all.
PRESF:NTATION OF PROJFCT CONCI::PT
PCD Director Franklin served as facilitator for
Brown, Schoon, Eckholt, Franklin, Craig,
Nichols,
Reel 97-50, Side 2
the City Council/ Library Board joint meeting.
Franklin asked City Council and Library Board members to consider first the project concept, and
second, to address the bond referendum.
Kevin Monson and Charles Engberg, project architects, presented the project concept, including
library remodeling and expansion of 80,000 square feet, parking, a cultural center, and an
auditorium. Mortson and Engberg reviewed project cost estimates as outlined on page
City Manager Atkins reviewed the city's assessed and indebtedness. Atkins stated Iowa City has
an assessed value of $2.1 billion; under the state law Iowa City can levy GO debt up to 5% of that
value, in today's dollars, $108 million; and Iowa City currently has an outstanding debt of $34
million.
A council majority directed staff and project architects to proceed as presented.
DISCUSSION OF BOND REFFRI=NDUM
Reel 97-53, Side I
City Council Members discussed a bond referendum resolution, including the date of the referen-
dum as well as the language of the ballot.
A Council majority agreed to proceed with a bond referendum as a single project with the Novem-
ber general election.
Council/Library Board Joint Meeting
March 19, 1997
Page 2.
REV!::NUE SOURCES FOR OPERATING COSTS
Reel 97-53, Side 1
City Council Members discussed project operating costs and revenue sources. Franklin explained
estimated project operating costs are $150,000 for the library and $200,000 for the auditori-
um/cultural center per year.
In response to Lehman, Franklin stated a council discussion will be scheduled to review revenue
sources for operating and further discussion on the date for the referendum at either the April 7 or
April 21 work session in anticipation of getting a resolution on the council agenda in late April or
the first part of May.
Meeting adjourned.
clerktcclib319.doc