HomeMy Public PortalAbout2/03/2003 special joint sessionCity of Greencastle
City Hall
• One North Locust Street
P.O. Box 607
Greencastle, Indiana 46135
Pamela S. Jones
Clerk- Treasurer
GREENCASTLE COMMON COUNCIL
SPECIAL JOINT SESSION
MONDAY, FEBRUARY 3, 2003 7 :00 P.M.
CITY HALL
The Greencastle Common Council met in a Special Joint Session with Board of Works, CACFID,
Redevelopment Commission and the Park Board. Mayor Michael called the meeting to Order at
7:08 p.m.. On the Roll Call, the following Councilmembers were found to be present: Councilor
Roach, Councilor Hammer, Councilor Sedlack and Councilor Liechty. Councilor Rokicki was
absent. Attached is a list of members from other Boards and Commissions that were present.
This meeting was held to discuss Capital Projects for the City of Greencastle. Engineer Morrow
recapped the projects discussed at the May 2001 Joint Session.
Mayor Michael handed out information regarding a new Agreement with USDA Rural
Development on the Old Industrial Site. The Agreement is being reviewed by City Attorney
Robertson. If the new Agreement is approved, it will allow the land to be used for a number of
opportunities that are restricted with the current agreement.
Mayor Michael stated the City has received $1.8 million dollars in grant funds from the State for
Indianapolis Road. Engineer Morrow gave information on the City's cost for Indianapolis Road
as follows:
- Engineering Design $ 230,000.00
- Property Acquisition $ 700,000.00
(This amount applies only if we receive an Grant from INDOT to help with Property
Acquisition. Otherwise, the cost of property acquisition is $3.5 million).
- Construction Match
458,750.00
(Cost of construction at this time is $2.2 million)
- Inspection fees $ 68,813.00
(Inspection fees are normally a percentage of the total cost of the project)
Total City Share $1,457,563.00
CT Jones asked if these figures are today's dollars or if they have been projected for 2008 (which
is when the project is likely to take place). Engineer Morrow stated these are in today's dollars.
Bill Fehribach, A & F Engineering, stated the hardest part of a project like this is the property
acquisition. The City cannot approach any property owner regarding property purchase until
AFTER the design hearing.
0 Bill Dory discussed creating a TIF District in the area to help offset costs. The taxes raised off
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