Local Development Finance Authority Minutes 04-06-1992

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                               CITY OF MUSKEGON
                      LOCAL DEVELOPMENT FINANCE AUTHORITY
                                REGULAR MEETING
                                    MINUTES


                                               April      6,   1992

Meeting was     called         to    order      at 8:00 a.m.              by Chair K. Harris,          and rol]
was taken.

MEMBERS PRESENT:      K.        Harris,         D.    Seifert,            G.   Sarut,   L.. Eklund,     P,.   Roy,
                           .    Hovey,         E.    Perraut,        F.    Farmer
                      e)




MEMBERS ABSENT:       M.            Sepeshy,         S.     Johnson,           G.   Milkins,      G.   Martin,*
                      H. Ginman*                     (*Notified           Staff of      absence     in advance
                      of meeting)

STAFF PRESENT:        G.            Bartoszek,            D.    Haas,          R.   Chapla,    T.      Johnson,
                      S.        Moore,         L.    Gannon,     T.       Paul


OTHERS PRESENT:       P.        Shultz,         S.    Pleimling

APPROVAL OF MINUTES

Moved by L. Eklund and supported by G. Sarut to approve the minutes of
the meeting of January 27, 1992 with the following correction:    "The
change in the County's air status quality from serious to moderate was
made by the U. S. Environmental Protection Agency" (not the State of
Michigan).     Approved by voice vote.

ROBERTS STREET ENGINEERING PROPOSALS


Review of the current status of the project and recommenation that the
LDFA accept the bid of $56,850 from Prein & Newhof for engineering
services was presented by Staff.  Staff also reported on the status of
the Achterhof property acquisition.   Motion was made by D. Seifert to
accept the Prein & Newhof bid;   supported by R. Hovey and approved by
voice vote.

KEATING AVENUE RECONSTRUCTION BIDS

A   request   for   approval              of   the    low      bid    of       $195,204.60,    submitted        by
E & K Construction, for reconstruction of East Keating was presented
by Staff (budget amount was $450,000).   Moved by G. Sarut to approve
the request; supported by R. Hovey and approved by voice vote.

OTHER

Keating Street Light Improvements

Following presentation and explanation by Staff that the upgrade would
be done by Consumers Power, who has requested the LDFA provide $1470
to help defray costs, motion was made by R. Hovey to approve the
request.      Supported by           L.    Eklund and approved by voice vote.
Local Development Finance Authority Meeting Minutes
April    6,   1992
Page 2

Technical      Trades Center

Presentation of a proposed technical trades center and explanation of
the needs and advantages of the concept was provided by P. Roy.
Action was postponed until the next meeting to allow members time to
review and consider the paper presented.   Mr. Roy noted that this is
included in the OEDP for this area.

Additional      Land for Industrial              Development

A    discussion       was    initiated         by   Staff   regarding        potential    properties
available       in   the    future for         industrial    development:         (1)    A presenta-
tion    on    the    location,      size,      and availability of property. owned by New
Hope Church in Fruitport Township (on south side of Sherman and in
close proximity to the existing industrial park) was provided by P.
Shultz;  and  (2)  the. Consumers/Cobb Plant property was briefly
discussed.           Staff was asked to report at the next LDFA meeting on the
following:           (a)  Requirements  for  LDFA  make-up   if other   taxing
jurisdictions are included in the district;                            (b)    a comparison of the
Consumers       Power       and    New   Hope       properties   for    industrial       development
purposes.                                 ,


Staff was asked to provide                    budget status to LDFA following completion
of the fiscal audit.

Earlier in the meeting, Staff was requested to disseminate information
to allow       sufficient         time   for    board members to review prior to meeting
dates.

The next meeting was scheduled for late May,                       prior to Memorial         Day.

Meeting adjourned at 9:15 a.m.



\g
4/27/92

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