HomeMy Public PortalAbout10/20/1998 specialCity of Greencastle
City Hall
• Four East Walnut Street
Greencastle, Indiana 46135
Pamela S. Jones
Clerk-Treasurer
GREENCASTLE COMMON COUNCIL
SPECIAL SESSION
TUESDAY, OCTOBER 20, 1998 6:00 P.M. WATER PLANT
The Greencastle Common Council met in Special Session Tuesday, October 20, 1998, 6:00 p.m.
at the City Water Plant. Mayor Michael called the meeting to order at 6:15 p.m. On the Roll Call,
the following were found to be present: Councilor Roach, Councilor Green and Councilor
Masten. Councilor Hammer and Councilor Baynard were absent. Also present were: City
Attorney Trudy Selvia, Mike Cline - Hannum, Wagle and Cline Engineering and City Engineer
Ron Smith.
John Lanie, Controller for Lear Greencastle and Terry Osborne, representative for Greencastle/
Putnam County Development Center were present to discuss tax abatement for Lear Operations
Corporation; d.b.a.: Lear - Greencastle. Mr. Lame stated the equipment investment will be
$11,075,053.00. Lear is requesting the Council approve a five year tax abatement. The new
equipment will arrive beginning late 1998 and will continue to arrive and be installed through
. December 2000. There will be approximately 45 jobs created at approximately $10.00 per hour.
Councilor Masten made the motion to waive the reading of the legal description on Resolution
1998 -35, A Resolution Declaring An Economic Revitalization Area (Lear Operations Corporation;
d.b.a.: Lear Greencastle), seconded by Councilor Roach. Mavor Michael read Resolution 1998-
35, without the legal description. Motion to approve Resolution 1998 -35 with correction in
paragraph 3 to read "five (5) year abatement" as opposed to "maximum abatement as allowed by
law ", made by Councilor Masten, seconded by Councilor Roach.
Mike Cline, Hannum, Wagle and Cline Engineering, was present to discuss the Wastewater
Treatment Plant Study. Mayor Michael stated the City needs to acknowledge the study and accept
the concept of the study. By accepting the concept of the study it would allow for modifications as
necessary. Councilor Masten stated he can see approving the conceptual outline, but everyone
needs to understand that modifications are necessary. Mayor Michael stated the City is under fire
from IDEM and may need to define the study within 60 to 90 days. Mike Cline stated they
understand modifications are needed, but the City has to move forward. Councilor Roach made
the motion to adopt the City of Greencastle Wastewater Facilities Study, dated August, 1998,
with the understanding that modifications are needed. Motion seconded by Councilor Green.
Vote was unanimous.
City Attorney Trudy Selvia presented legal recommendations for Bond Counsel and Project
Counsel. Attorney Selvia stated she has two law firms to make presentations to the Council.
Patty Zelmer representing Ice Miller Donadio & Ryan Law Firm, Indianapolis, Indiana, made a
• presentation to the Council explaining both the open market and SRF funding along with other
meet with City officials as needed involving SRF funding. The second interim agreements is in the
• amount of $17,233.00 and consists of assisting the City with work done by rate consultants and
bond counsel for development of interim and long -term financing for the proposed project. If
either of these interim agreements are accepted the Proposed Engineering Services Agreement will
be reduced by that amount. None of these agreements were approved at this time.
Motion to adjourn made by Councilor Roach, seconded by Councilor Masten. Vote was
unanimous.
Q �O
� Nancy A. chael, Mayor
AT"PES�➢: _
Pamela S. Jones, C
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