HomeMy Public PortalAbout9/10/1996 executiveCity of Greencastle
City Hall
Four East Walnut Street
Greencastle, Indiana 46135
Pamela S. Jones
Clerk-Treasurer
GREENCASTLE COMMON COUNCIL
EXECUTIVE SESSION
SEPTEMBER 10, 1996 6:45 P.M. TZOUANAKIS MEDIA CENTER
The Greencastle Common Council met in Executive Session September 10, 1996, 6:45 p.m. at
Tzounanakis Media Center. Mavor Michael called the meeting to order. On the Roll Call, the
following were found to be present: Councilor Roach, Councilor Hammer, Councilor Green,
Councilor Bavnard and Councilor Masten. Citv Attorney John Zeiner, City Engineer Chris
Barnes and Greencastle /Putnam County Development Center Director Bill Dory were also
present.
Bill Dory told the Council the GDC has a letter of commitment to purchase 5 acres of land at the
Sgt. Cunningham site for S 10,000.00 per acre. The purchaser, Dallas Smith from DBX
Engineering in Indianapolis builds custom truck axle systems. The building would be
approximately 3,000 square feet, property taxes would be approximately 54,000.00 - S5,000.00
40 per year and the purchaser is NOT seeking tax abatement. Hourly wage would be $12.00 to
$ 15.00 per hour. The cost to the City would be to subdivide the property and provide sewer.
This would make sewer accessible to other land sites for potential development. Mr. Dory
presented the Council with a Draft Declaration of Covenants, Conditions and Restrictions
Greencastle Enterprise Park I.
City Attorney Zeiner told the Council that the next step would be for CACFID to get two
appraisals and then advertise with specifications for the type of building you want. The selling
of the property would be done through CACFID and CACFID would make a recommendation to
Council. The actual transfer needs Council approval.
Discussion ensued regarding how far the sewer line needs to go to access the remaining 15 acres
and the timetable of the project. Mr. Dory told the Council that the City will retain right -of -way
on the North side.
Being no further business, Councilor Roach made the motion to adjourn, seconded by Councilor
Hammer. Vote was unanimous.
�.
Nancy A. Nii hael, Mavor
ATTEST:
Pamela S. Jones, Clerk Tr rer