1. “Y” STREET: McAnich reports the intersection of “Y” and W Euclid will be closed next Wednesday. Letters to affected property owners have been sent and signs will be posted.
Phase 2 paving is also complete.
2. DRAINAGE: The Balloon Museum culvert extension will be placed on the September 14 committee agenda. The I-Jobs Program will contribute 50% of the estimated $370,000 cost and we are filing our 2nd appeal to FEMA. It is still possible this project could be 100% funded.
If not, Laurie Hebl reports the following funding methods are possible:
*Utilize recently issued bond proceeds to “cash flow” the project
Reimburse (pay back) the Project Fund by either:
*Issue and intent to reimburse through future bond sales
=annual average payment for $24,000 for a 10 year term with
an interest rate of 4.5% which would require a 5.5 cents
debt service levy OR certify debt as TIF
*Repay through a storm sewer service fees if a utility is established
FYI: Last week’s 3” rain exposed some faults in the Easton Park drainage ditch (see map). It is possible it will need some work to minimize erosion and control flooding.
3. JOINT MEETING: Todd Kielkopf and I discussed the annual council/trustee joint meeting to review items of mutual interest and receive IDA’s funding request for 2010/11. The tentative date is November 23 (fourth Monday).
Also, based on elected official comments, I’ll work to arrange a meeting with county supervisors, school board, trustees and council in the same time frame.
Let me know if you have questions or comments.
4. LIBRARY: The Board hired Shive Hattery to review the HVAC system and some very preliminary estimates are in the $250,000 range to replace the 25 year-old system. The Board will present their recommendation in 60-90 days.
5. SQUARE BUILDINGS: A meeting will be scheduled later this month with the owners of the three buildings affected by the collapse. It is our understanding a lawsuit was just filed by one of the owners against the owner of the collapsed building. There is a 20-day response time.
6. BUDGET PRIORITIES: In the council packet is the October 2008 budget priorities and progress report. The same process will be recommended in October so I am hopeful elected officials add priorities to the list for this year’s process.
7. CLERK’S OFFICE: The remodeling of the clerk’s office is anticipated to start next week. The north entrance will be closed and staff will move to the conference room and Community Development Office (south end of the building). Customers will be directed to the south entrance and information will be posted on the web and channel 7.
8. SOFTWARE: We started training on Accounts Payable and Cash Receipting this week and the new printouts are in your packets. Following is the training schedule:
September 9-10 Payroll
September 29-30 General Ledger
October 1 Accounts Receivable
October 14 Human Resources
October 15 Dashboard
November 10-13 Utility Billing
9. RAGBRAI: The final budget figures show a balance of around $10,000, thanks in part to a $3,500 donation by Wal-Mart. The efforts of all committee chairs, co-chairs and members were outstanding.
A check will be presented to council in a couple weeks and the RAGBRAI recommendation is to use the funds for a community LED sign or park improvements (Buxton Park).
10. SOUTH “Y” ENGINEERING: Per council comments, the South “Y” Street engineering will be placed on the October 12 committee agenda.
