HomeMy WebLinkAbout1985-05-03 Finance Committee MinutesFinance Ccvmittee
May 3, 1905 at 4:31 p.m.
Minutes
Present: Councilor Jim Cox, Chairman
Councilor JNm Gass
Councilor Sohn McCarthy
Jahn Flynn, City Manager
John Frawley, City Engineer
Dave Pellegrino, Rucbssing Agent
1. Soucy Subdivision.
The Committee unanimously agreed with the City Engineer's recounnenclation
that Phases I 6 II of Pins Meadows Subdivision ba cohacmcta� with the
initial expense of the road and sexass (estimated at $224,150) he paid
by the City out of the General aim Sewer Reserve funds. They also
agreed with the remmendation that the assessments, estimated at
$3,074.00 per lot, be assessed as each lot is sold, abject W the
ceipt of an acceptable subordinate agremnat frc m the developer, and
provided that all assessments for the forty-six lots in Phasas I aid II
be levied at the and of three years from the date of completion of the
construction and the submission of a final report to the City Conocil.
2. Jural[ Equipment.
19e C mitten apprwW the City Manger's suggestion that some junk
surplus equipment canal by his City be given to the Riwanis Club for
their auction.
3. Springer Road.
The City Rgineer discussed the construction of Springer Foal which will
be going in from the Mogan Road to serve Shaw's. It was the E ginger's
recotnenaation that the site wok ($500.000) and road work ($115,000) be
put out for bid by Shaw's in one bid package which world result in loo
and more beneficial unit prices. There would be a separate unit (rice
and breakdown for the road work and the reoomendnd City participation
is to be Sob of the City's Engineer's estimate for the road work or of
the actual bid prices received, whichever is lower. He indicated that
Shaw's bidiiug list will exclude two bidders. The City Engineer will he
wbmitting a report to the City Council for their May 13Nn meeting.
Councilors Gass mud Cox recow en a approval. Councilor McCarthy
abstainer] from voting dus In a conflict of interest.
Fay Cots, SPringer Raalty and Bill Ryan, Sewall Cpnpmny, were present
for discussion of this item.
C ttee adjourned at 5:10 p.m.