HomeMy WebLinkAbout01.03.2008COUNCIL WORK SESSION
January 3, 2008
8:00 a.m.
Council Chambers
Members present: Mayor Hurley, Cole, Getty, Hart, Greenwood, Steve Schmitt, Welper, Reggie
Schmitt.
Moved by Schmitt, seconded by Greenwood that the Agenda, as proposed, be approved. Ayes:
Seven. Motion carried.
Mayor Hurley reviewed items on the Standing Committee agendas for meetings scheduled for
Monday, January 7, 2008 and the Organizational Meeting scheduled for Monday, January 7,
2008 at 5:00 p.m.
Mayor Hurley reviewed items on the council agenda for Monday, January 7, 2008 and the
following items were discussed.
Don Temeyer, Community Planning and Development Director, discussed the development
agreement with MAKO Waterloo Corporation to purchase the former Rath Administration
building located at 1515 Sycamore Street. The agreement requires MAKO to have financing in
placed by February 28, 2008. The city is required to remove asbestos from the building, but will
not proceed with the removal until MAKO secures financing. MAKO is planning to invest $1.5
million immediately fixing the roof, windows, heating and cooling and the outside of the
building. MAKO does not have a tenant interested in leasing the building at this time. Once
MAKO fixes the building and meets the development agreement, the city will no longer be the
owner and will have no control over the building. MAKO has six months to complete the
renovations.
Mayor Hurley reported the council's goals and objections have been completed by the UNI
Institute of Decision Making, and he asking council to formally receive and file them.
Don Temeyer, Community Planning and Development Director, reviewed change order No. 1
for a net increase of $16,28.77 for work completed by Enviromark for CMC Parcel No 2
Cleanup Project, Contract No. 725. The increase is due to accumulated amount of adjustments
from original to final quantities. The city will ask the EPA to extend the grant. There is still lead
in the ground, but it has been expensive to move since it had to be hauled to Peoria because of
the hazardous waste.
Mayor Hurley reviewed amendment #3 with Vision Iowa, H.W. Grout Trust and the City of
Cedar Falls to allow each recipient to receive reimbursement after they have met conditions of
their individual projects. This amendment allows each entity to receive compensation for
expenses incurred so far and not have to wait until all aspects are completed. The City of
Waterloo is still working on the US Bank property.
With no further business before the council, it was moved by Getty, seconded by Cole that the
meeting be adjourned at 8:14 a.m. Ayes: Seven. Motion carried.
Nancy Eckert
City Clerk