| May 15, 2006 MINUTES OF COUNCIL A regular session of Troy City Council was held Monday, May 15, 2006, at 7:00 p.m. in Council Chambers. Members Present: Clark, Douglas, Harrah and Mercer. Upon motion of Mr. Clark, seconded by Mr. Douglas, Mrs. Baker was excused from this meeting by unanimous roll call vote. Upon motion of Mr. Clark, seconded by Mr. Douglas, Mrs. Saxton was excused from this meeting by unanimous roll call vote. Upon motion of Mr. Clark, seconded by Mr. Douglas, Mr. Kendall was excused from this meeting by unanimous roll call vote. Presiding Officer: William F. Lohrer, President of Council Others Present: Michael L. Beamish, Mayor W. McGregor Dixon, Jr., Director of Law Richard L. Cultice, Auditor Arthur D. Haddad, Interim Director of Public Service and Safety. (note: David E Anderson resigned position of Director of Public Service and Safety effective April 19, 2006. Arthur D. Haddad appointed Interim Director on May 3, 2006.) INVOCATION: An invocation was given by Council Member Mercer. MINUTES: The Clerk gave a summary of the May 1, 2006, meeting of Council. There were no other corrections or additions to these minutes. Upon motion of Mr. Clark, seconded by Mr. Harrah, the minutes were approved by unanimous roll call vote. COMMITTEE REPORTS: Finance Committee: Mr. Mercer, Chairman, reported as follows: 1) Committee recommends legislation be prepared approving an Economic Development Revolving Loan in the amount of $150,000 to Raymath Company, Inc. The Company is purchasing equipment in the total amount of $400,000 and expanding their business. Loan is for seven years at 3.5% interest. The commitment includes retaining 54 jobs and creating six new full-time equivalent jobs (four from LMI households.) 2) Committee recommends legislation be prepared approving an Economic Development Revolving Loan in the amount of $75,000 to Take 2 Productions. The Company is purchasing equipment in the total amount of $265,000 and expanding the business. Loan is for eight years at 3% interest. The commitment includes retaining two jobs and creating three new full-time equivalent jobs (two from LMI households.) Reports signed by Mercer and Douglas. Law & Ordinance Committee: Mr. Mercer reported as follows: 1) Committee recommends legislation be prepared accepting the final plat of Nottingham Subdivision Section 3 and the dedication of right-of-way. 2) Committee recommends legislation be prepared authorizing the release of the mortgage lien held on loans made in 1997 to Troy Hotel I, Ltd. and Troy Hotel II, Ltd. (for the Fairfield Inn at 83 Troy Town Drive and the Residence Inn at 87 Troy Town Drive) as the loans have been repaid. 3) Committee recommends legislation be prepared authorizing the partial release of the mortgage lien held for the loan made to the Fiessinger Family, Ltd. in 2002 so that 0.402 acres of the property can be sold to Troy Park, Ltd. for the expansion and development of the Troy Park, Ltd. property. Sufficient security will remain for the balance of the loan. Reports signed by Mercer and Douglas. Utilities Committee: Mr. Harrah reported that Committee has reviewed the status of the Extra High Service Water Booster Station. A change order had been processed that would have reduced the cost, but would have also terminated a water main crossing under I-75. Due to the potential negative impact on the water distribution system with the loss (dead end) of the water main crossing, Committee supports the plan to reinstate the change order. It was noted that the project will still be under the authorization. Report signed by Harrah and Mercer. May 15, 2006 Page Two Audience Comments on Committee Reports and Agenda. Michael Burkholder, 465 W. Staunton Rd. noted that only four members of Council were present and asked if it was the case that legislation could not be enacted and it was stated that was the case as all legislation would receive the first reading. Regarding the booster station, Mr. Burkholder stated his understanding that the installation was budgeted at $50,000, and the authorization was increased twice. RESOLUTION NO. R-25-06 RESOLUTION APPROVING THE APPLICATION OF RAYMATH COMPANY, INC. FOR ASSISTANCE FROM THE CDBG ECONOMIC DEVELOPMENT REVOLVING LOAN FUND. This Resolution was given first title reading. RESOLUTION NO. R-26-06 RESOLUTION APPROVING THE APPLICATION OF TAKE 2 PRODUCTIONS FOR ASSISTANCE FROM THE CDBG ECONOMIC DEVELOPMENT REVOLVING LOAN FUND. This Resolution was given first title reading. ORDINANCE NO. O-19-06 ORDINANCE ACCEPTING THE FINAL PLAT OF NOTTINGHAM SUBDIVISION SECTION 3 IN THE CITY OF TROY, OHIO This Ordinance was given first title reading. ORDINANCE NO. O-20-06 ORDINANCE RELEASING MORTGAGE This Ordinance was given first title reading. ORDINANCE NO. O-21-06 ORDINANCE AUTHORIZING THE DIRECTOR OF PUBLIC SERVICE AND SAFETY OF THE CITY OF TROY, OHIO, TO APPROVE A RELEASE FOR CERTAIN REAL ESTATE HELD AS SECURITY FOR A MORTGAGE This Ordinance was given first title reading. COMMENTS OF MAYOR. The Mayor noted that the City will host the morning session of Leadership Troy on May 17 and National Dare Day will be held on May 19. COMMENTS OF INTERIM DIRECTOR OF PUBLIC SERVICE AND SAFETY. Mr. Haddad stated he looks forward to the opportunity to work with the Mayor, Council, elected officials, and staff in meeting challenges facing the City. COMMENTS OF COUNCIL. -Mr. Clark commented that he and other members of Council attended the Law Enforcement Memorial ceremony on May 5 and that he and Mr. Harrah participated in the May 6 Fire Department live burn training exercise. PRESENTATION, RECREATION TRAILS. Assistant Public Works Director Stan Kegley provided an update on the proposed recreation trails for the City. He noted that the sale of bicycles has become a major business, communities have found that homes located adjacent to such trails have a higher value, cycling is increasing, and cycling has a positive impact on the economy. Regarding the City’s extension of trails, one is planned for the base of the levee (to be funded at 69% at the cost and to probably be bid in June 2007); there is a preliminary plan for a trail to the rear of Riverside Cemetery; and Troy is working with neighboring communities, the MVRPC, and the County Park District to extend and connect trails. Regarding Treasure Island, it is hoped to expand and improve that area. On July 22 the May 15, 2006 Page Three Troy Classic, a bike race, will be held in downtown Troy and will include races in other cities. Mr. Clark stated prize money has been raised for the race, and he feels there will be economic benefit for the community. The Classic will be run in downtown Troy, starting and finishing in front of the courthouse, and 10,000 cyclists are anticipated. Mr. Clark stated he feels the race will also benefit the Treasure Island area. Mr. Clark noted that trail plans include connections between Troy and Tipp City and Troy and Piqua. Deborah Stichter, 457 W. Staunton Road, asked about the trail connection with the Adams Street Bridge during the replacement of that bridge. It was stated that the Adams Street Bridge connection will be out of service during the course of construction. There being no further business, Council adjourned at 7:46 PM ____________/s/____________________ ________________/s/_______________________ President of Council Clerk of Council |