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HomeMy WebLinkAbout02/01/05506 FEBRUARY 1, 2005 At a Regular Meeting of the Board of Commissioners, held in the Commission Chambers at City Hall at 5:00 p.m., Tuesday, February 1, 2005, Mayor Paxton presided, and upon call of the roll by the City Clerk, the following answered to their names: Commissioners Coleman, Guess, Sirk, Smith and Mayor Paxton (5). �WORKSHOP PADUCAH POWER SUPPLY DECISIONS David Clark, General Manager of Paducah Power and Ray McLennan, Chairman of the Electric Plant Board, and Commissioner Coleman, a member of the Electric Plant Board, explained that currently Paducah Power is under a 10 -year contract with TVA to supply electricity for them. If Paducah Power wants to purchase power from a different supplier they have to give a 5 -year notice to TVA. Paducah Power has notified TVA that at the end of the 10 -year contract it is most likely they will purchase electricity from a different source. Over the last couple of years, Paducah Power has been looking at other suppliers in order to be able to have a lower cost of electricity for their customers. They have found a source that uses coal to supply electricity and the company is in the process of building a power plant in Illinois. Paducah Power is investing in the power plant to be built and in turn will own a portion of coal underground which would supply the base load for its customers which should result in cheaper rates. FY2004 COMPREHENSIVE ANNUAL FINANCIAL & MANAGEMENT ADVISORY REPORT Robert Robertson of Williams,_ Williams, & Lentz, gave a brief report regarding the annual financial report for FY2004.- No instances of noncompliance were reported. SELECT NEIGHBORHOOD REVITALIZATION AREA Tom Barnett, Director of Planning, gave advantages and disadvantages for the two neighborhoods being considered for revitalization. One area is Uppertown which consists of approximately 25 to 30 square blocks that covers roughly from Clark Street to Caldwell Street to South 6th Street to South 11th Street. The other neighborhood being considered is the Fountain Avenue area. This neighborhood would be done in two phases. Phase I would cover approximately from North 13th Street to Park Avenue to Fountain Avenue over to Broadway. Definite boundaries for both areas will be determined after the neighborhood is selected and a study is completed. Mr. Buford Wilson, chairman of the Urban Renewal Board, recommended the Uppertown area. Bill Baxter, resident in the area of Fountain Avenue expressed his desire for the Board to choose the Fountain Avenue area. MLK HOUSING PROJECT AREA This 8 -acre area, owned by the Paducah Housing Authority, is the former site of Thomas Jefferson Court and is a critical vacant property in the Fountain Avenue area. The Paducah Housing Authority has plans to construct an assisted -living facility on the property. Tom Barnett suggested that other types of development would have a greater impact on the redevelopment of the surrounding neighborhood and recommended the Paducah Housing Authority consider a different location for the assisted -living facility. SECTION 8 HOMEOWNER MORTGAGE ASSISTANCE Danny Fugate, Section 8 Administrator, suggested that to help the project be a success, Section 8 rental vouchers could be converted to home ownership vouchers. These vouchers would still be based on a participant's income. Section 8 vouchers cannot be restricted to specific areas but could be used to support redevelopment in the Fountain Avenue neighborhood and to provide funding for the Housing Authority's Heritage Place Home Ownership Project. MOTION SELECT NEIGHBORHOOD Commissioner Coleman offered motion, seconded by Commissioner Guess, that the Board of Commissioners approve the selection of Fountain Avenue -Phase I as the next neighborhood for 507 general revitalization. Further, the Board authorizes the Planning Department to create a Neighborhood Revitalization plan and directs the Planning Department to concentrate the revitalization efforts in this area. Adopted on call of the roll, yeas, Commissioners Guess, Sirk, Smith and Mayor Paxton (4). Nays, Commissioner Coleman (1). Commissioner Coleman had to leave the meeting at this time. MUNICIPAL ORDER GRANT AUTHORITY TO URBAN RENEWAL Commissioner Guess offered motion, seconded by Commissioner Smith, that a municipal order entitled, "A MUNICIPAL ORDER AUTHORIZING THE URBAN RENEWAL AND COMMUNITY DEVELOPMENT AGENCY TO ACT ON BEHALF OF THE CITY FOR REVITALIZATION OF THE FOUNTAIN AVENUE -PHASE I AREA", be adopted. Adopted on call of the roll, yeas, Commissioners Guess, Sirk, Smith and Mayor Paxton (4). Upon motion the meeting adjourned. ADOPTED: February 7 ,2005 Q�la✓� &Ptk. City Clerk