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HomeMy Public PortalAbout03-27-1980 /// BOARD OF PUBLIC WORKS AND SAFETY OF THE CITY OF RICHMOND, INDIANA, MARCH 27, 1980 1 The Board of Public Works and Safety of the City of Richmond, Indiana, met 2 in regular session March 27, 1980 at the hour of 9:00 a.m. in the Municipal 3 Building of said City. Mr. Anderson presided with Mr. Webb present. Mr. 4 Meredith was absent. The following business was had, to-wit: 5 6 Mr. Webb moved to approve the minutes of the previous meeting as prepared, 7 seconded by Mr. Anderson and on unanimous voice vote the motion was carried. 8 9 Director of City Planning Bob Goodwin stated the Board has a fiscal plan for 10 proposed annexation before them. This plan is for a forty (40) acre area 11 southeast of the City north of Backmeyer, east of Garwood and south of 12 National. It is ninety percent (90%) subdivided with seventy-two (72) living 13 units and approximately two hundred six (206) persons. The zoning is multi- 14 family residential. Under State law, this plan shows services to be pro- 15 vided with monies received. Mr. Goodwin requested the Board approve the 16 fiscal plan. He noted this does not mean Board members are in favor of or 17 opposed to annexation, only that the fiscal plan is satisfactory. 18 19 Mr. Anderson moved to take under perusal study and advisement the fiscal 20 plan, seconded by Mr. Webb and on unanimous voice vote the motion was carried. 21 22 Director of Community Development Tim Ryder presented a release of a real 23 estate mortgage. In 1977 and 1978 the City established through its Com- 24 munity Development Department a program for low interest loans combined 25 with private monies for restoration in the historical district. One loan 26 was made to Heritage Restorations for four (4) properties and they have now 27• sold one of the properties, so a partial release is needed to remove this 28 structure. The amount to be returned to the revolving fund is $10,000 which 29 will be loaned out again on another structure. The board along with the 30 Mayor is required to sign all mortgage releases. The location of the 31 property is 409 South 4th Street. 32 33 Mr. Webb moved to execute the said mortgage release, seconded by Mr. Anderson 34 and on unanimous voice vote the motion was carried. 35 36 There being no further business the meeting was adjourned. 37 38 Edward Anderson 39 Acting President 40 41 ATTEST: JoEllen Trimble 42 Clerk of the Board