City of Moline Committee of the Whole met June 20.
Here is the agenda provided by the Committee:
Mayor’s Board Appointments:
Mayor’s appointment of Diane Fox to the Moline Housing Authority to fill the unexpired term of Comlan Houanvoegbe to expire July 31, 2020.
Questions on the Agenda
Agenda Items
1. Strand Associates Inc., Change Order #2 (Tony Loete, Utilities General Manager)
2. Prevailing Rate of Wages (Scott Hinton, City Engineer)
3. Dolan Commons Assignment Pledge and Security Agreement (Ray Forsythe, Planning & Development Director)
4. KONE Loan Extension Agreement (Maureen Riggs, City Attorney)
5. Other
Informational:
Per Mar Parking Update (Keith Verbeke, Finance Manager)
Update on City Council Goals and Priorities (J.D. Schulte, Public Works Director)
CIP Updates (Scott Hinton, City Engineer; Lori Wilson, Parks Recreation Director; Bryon Lear, Library Director)
Public Comment:
Members of the Public are permitted to speak after coming to the podium and stating their names
Explanation:
1. A Resolution authorizing the Utilities General Manager to approve Change Order #2 with Strand Associates, Inc., for the South Slope Wastewater Plant Waste Activated Sludge Gravity Thickener and Control Building Roof Improvements Project, in the credit amount of $5,000. (Tony Loete, Utilities General Manager)
Explanation: The South Slope WWTP Waste Activated Sludge Gravity Thickener Tank Improvement contract included an allowance for disposal of abrasive blast material disposal. Field conditions did not require as much blasting as expected, minimizing the need to use the full allowance. Change Order #2 consists of a $5,000 deduction of the blast waste disposal allowance. This Change Order decreases the current contract amount of $753,729.68 to $748,729.68 and will allow for final payment after punch list items are completed.
Original Contract Price $747,000.00
Change Order #1 $ 6,729.68
Change Order #2 ($ 5,000.00)
Current Contract Price including this Change Order $748,729.68
Additional documentation attached.
Staff Recommendation: Approval
Fiscal Impact: Funds are budgeted in account #320-1839-433.03-22
Public Notice/Recording: n/a
Goals Impacted: Upgrade City Infrastructure & Facilities
2. A Special Ordinance repealing Special Ordinance No. 4031-2016 which declared the prevailing rate of wages to be paid workers on public works projects, and ascertaining and declaring the prevailing rate of wages to be paid to certain laborers, mechanics and other workers performing public works for the City of Moline within Rock Island County. (Scott Hinton, City Engineer)
Explanation: State statute requires the City annually adopt an ordinance setting prevailing wage to be paid on City projects. This Special Ordinance repeals Special Ordinance No. 4031-2016 which declared the prevailing wages for 2016. Additional documentation attached. This item will also appear on the City Council Agenda on June 20, 2017, under “Items Not on Consent” for first reading. Staff Recommendation: Approval Fiscal Impact: N/A Public Notice/Recording: File with the Secretary of State and Department of Labor Goals Impacted: N/A
Staff Recommendation: Approval
Fiscal Impact: n/a
Public Notice/Recording: File with the Secretary of State and Department of Labor
Goals Impacted: n/a
3. . A Resolution authorizing the Mayor and City Clerk to execute an Assignment Pledge and Security Agreement of Property Tax and Sales Tax Rebate Payments of Development and Economic Incentive Agreement for the Dolan Commons development project. (Ray Forsythe, Planning & Development Director)
Explanation: The City of Moline entered into a Development Agreement with Dolan Commons, LLC (Developer), to facilitate the redevelopment of property located at 2701, 2715, and 2727 Avenue of the Cities, Moline, on September 13, 2016, granting property tax and business district sales tax assistance to the Developer. Developer’s lender, Northwest Bank & Trust Company, has agreed to make a loan to Developer, the proceeds of which have been used by Developer for the acquisition of the property and will be used for the redevelopment and construction of the project. As further security for the loans to Developer, Developer seeks to assign all payment rights from Lot 3 of the development agreement, consisting of redevelopment of the existing Aldi building site, to the Bank until such time as all obligations of Developer to the Bank with respect to the loans have been satisfied. Additional documentation attached. This item will also appear on the City Council Agenda on June 20, 2017, under “Items Not on Consent.”
Staff Recommendation: Approval
Fiscal Impact: n/a
Public Notice/Recording: n/a
Goals Impacted: Financially Strong City
4. A Special Ordinance authorizing the Mayor and City Clerk to execute an Extension Agreement between Financial District Properties HQO, L.L.C., and the City of Moline. (Maureen Riggs, City Attorney)
Explanation: In September 2016, Financial District Properties HQO, L.L.C. (“Borrower”) was given an extension to make the final payment of their loan to the City to June 30, 2017. The current balance of the loan that is due and owing is $3,398,631.40. The Borrower proposes paying the remaining balance of the loan from the sale of property by it or of Unit 100 of the Kone Centre Condominiums, owned by Financial District Properties, KP, L.L.C. There is a signed purchase agreement for the sale of such property. However, the closing will not occur before June 30, 2017. The Borrower has requested an extension to August 22, 2017. This would give adequate time for the closing to occur. To grant this extension, the City is requiring that payment of its loan be listed on the closing or settlement statement for the closing of the property. Further, the City would not assign the current property tax rebates until its loan is paid in full. Additionally, if payment in full is not made on or before August 22, 2017, then by agreement of the parties, the City will add an additional $200,000.00 to the balance of the loan then due and payable. Further, Borrower agrees to pay any direct costs incurred by the City due to this extension. All other terms of all loan documents would remain in full force and effect. Additional documentation attached. This item will also appear on the City Council Agenda on June 20, 2017, under “Items Not on Consent” for first reading.
Staff Recommendation: Approval
Fiscal Impact: Borrower will pay any direct costs incurred by the City due to this extension
Public Notice/Recording: n/a
Goals Impacted: A Great Place to Live
http://www.moline.il.us/ArchiveCenter/ViewFile/Item/4074
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