COMMITTEE:            Finance and Land Acquisition Committee

 

DATE:                        March 15, 2005

 

TIME:                        6:30 p.m.

 

MEMBERS

PRESENT:                 Hermes, Kasalko, Gilmour, Brown, Melhorn, Strong, Cox, and Plese

                                   

 

ABSENT:                  

NON-MEMBERS

PRESENT:                 Accounting Supervisor Robin Theobald, City Administrator Rob Nelis, Executive Secretary Puracchio, Reporter Smith & Monson

                                    Helen Hoppe, Nancy Duffy, Jim Johnston, City Attorney Eric Hanson, Elwells

 

DISCUSSION:            Annexation Impact Fees and Development Process

 

ACTION:                   Alderman Plese made a motion and Alderman Kasalko seconded to open discussions at 6:30 pm. All yes. Motion passed.

 

(See attached). Rob Nelis explained the impact fees that will be in discussion for the Prairie Farms annexation.  Alderman Strong wanted to be clear that the Park District gets $900 and the Library gets $100. Nelis stated that the revenue gap covers tax income shortages until the subdivision is completed because services have to begin when the subdivision begins. The Committee agreed that this was a great impact fee to have. Alderman Plese asked that the school impact fee figure be verified. (See attached on Development Process Document). Alderman Cox wanted to go on record stating that he had a meeting with an experienced developer and Nelis last week and the developer was very impressed with the professional way Wilmington is dealing with developers.  He thanked Nelis.

 

DISCUSSION:        First Apostolic Tabernacle Request

 

ACTION:                   See attached letter.  Nelis just wanted to notify Council that there has been a request to the County to build on the southwest corner of Lorenzo and Kavanaugh.

 

DISCUSSION:            Financial Reports

 

ACTION:                   Alderman Plese made a motion and Alderman Hermes seconded to Approve the February’s Collector Report in the Amount of $132,858.70 and the Payables in the Amount of $158,672.85 All yes. Motion passed.

 

 

DISCUSSION:            Adjourn

 

ACTION:                   Alderman Kasalko made a motion and Alderman Gilmour seconded to Adjourn at 6:45 p.m. All yes. Motion passed.