Council Notes: Oct. 16, 2012

A part of the OACCT's Public Policy efforts for 2012 is for volunteers from the Public Policy committee attend both City and County meetings and report back on items that are of interest/concern to business.



Public Hearing on 2012 Sewer and Street projects.  The interest rate will be lowered from 7% to around 3 ½% for outstanding balances.  The new interest rate will be 2% higher than the City’s cost of funds.  The City has been charging 7% interest on outstanding assessments but their cost of funds has been much lower. This change will more accurately reflect interest costs.

Ken Beck was recognized as Building Official.  Mr. Beck was in this position as temporary after the previous building official resigned.  Council and Mayor reported several positive comments they have received regarding building inspection department.

Second Reading on Ordinance 9-12, which allows OPU to be able to collect past due utility bills with property taxes.

$550,102 expenditures presented for approval, including $35,000 to Front Door realty for Hospital Sale Realty Fee.

Park & Rec budget meeting
City is looking to recover $640,000 for damaged trees at Brooktree Golf
Capital Improvement for 2013
Building Maintenance
Amount Requested  $102,000
Amount Recommended   $12,000 for Merrill Hall windows
Looking ahead for 2014 they are budgeting 1.1 million for the roof at City Hall

Park & Rec CIP
Amount Requested  $847,200
Amount Recommended  $43,000 (30k for Tennis Center, 10k Play Equipment, 3k Senior Place doors)