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HomeMy WebLinkAboutCCMPacket2014-05-20C lTY CO\v[NIISSl0N NIEE'FING AGENDA FOR MAY 20. 2014 5:30 P. Yt. ROLL CALL INVOCATION — Pastor Joel Cauley — Relevant Church PLEDGE OF ALLEGIANCE ADDITIONS/DELETIONS POLICE DEPT BADGE PINNING CEREMONY FOR SGT ANTHONY COPELAND I. WORKSHOP A. City Hall Conditional Assessment & Conceptual Plan — BFW Engineering &Marcum Engineering B. Downtown Summer Entertainment — ivl. TOMASALLO & M. THOMPSON 11. -MUNICIPAL ORDER A. Ratifying a Mutual Release between the City, County and Infiniti Regarding the Sublease of 5400 Commerce Drive — CITY -VIGR B. GAP Housing Grant Application — S. ERVIN III. ORDINANCE - ADOPTION A. Refund the 2010 Taxable Buik1 America Bonds (BABs) General Obligation Bonds (GOB), Refinancing Bonds Authorization — Tax Exempt Series 2014 — J. PERKINS B. Reimbursement Agreement with Paducah Power System for the Olivet Church Roadway Improvement Project Electrical Construction Expenses — R. MURPHY C. Reimbursement Agreement with Paducah -&'[cCracken County Joint Sewer Agency for the Olivet Church Roadway Improvement Project Sanitary Suver Construction Expenses — R. MURPHY D. Authorize Payment to AES Environmental for Household Hazardous Waste Collected During 201=4 Clean -Up Day — R. j i I MURPHY E. Closure of a Portion of Rldge«ood Strcct hcm ezn Topeka Avenue and Olympia Avenue -R. 1NIURPHY IV. I CITY MANAGER REPORT V. I NtAYO R & CONE-MISS[ONE R COMMENTS V.I. PUBLIC CONINIENTS VII. EXECUTIVE SESSION 173:60 Agenda Action Form Paducah City Commission Meeting Date: itilay 20, 2014 Short Title: Authorizing the execution of a mutual release of anv and all claims with Infiniti Plastic Technologies, Inc., and Infiniti Media, Incorporated. ❑ Ordinance ❑ Emergency X Municipal Order ❑ Resolution E] Motion Staff Work By: Jeff Pederson, City Manager Presentation By: Jeff Pederson, City tilanager Background Information: City of Paducah and ivIcCracken County are the owners of certain real estate located within Industrial Park West of the City of Paducah. McCracken County, Kentucky. and generally known as 5400 Commerce Drive, Paducah, Kentucky (the "Leased Premises"), which they leased to the Paducah-iVlcCracken County Industrial Development Authority ("IDA"). The property was acquired and constructed with bond funds for industrial development purposes. [DA subleased the Leased Premises to Infiniti Plastic Technologies, lite., ("Infiniti") in accordance with a Capital Sublease Agreement dated iv[arch 24, 2001, as may have been amended (the "Sublease"). The Sublease was guaranteed by Infiniti Media, Incorporated ("Infiniti 'NIedia"). Since the first of 2014, Infiniti has ceased all industrial operations at the Leased Premises and has failed to make its required lease payments as required under the Sublease. However, Infiniti has refused to vacate possession of the Leased Premises. LDA, Infiniti, and Infiniti Nledia have reached a settlement agreement as to the full and complete termination of the Sublease, the full and complete surrender of possession to the Leased Premises by Infiniti to IDA, and a forever settlement and compromise of their differences. Therefore, the Leased Premises will be available for use and occupation by other growing industries for industrial development purposes. The City of Paducah, McCracken County, Infiniti, and Infiniti Media also desire to release one another from any and all claims concerning the Sublease and Infiniti's use and occupancy of the Leased Premises. These transactions further the public purpose of the City to achizve long-term economic growth and employment opportunities for its citizens. AC7ernda A,:ijon Form Therefore, I seek approval from the City Commission to ratify and confirm the Mayor's execution of a mutual release of any and all claims concernirng the Sublease and Irtfintti's use and occupancy of the Leased Premises in behalf of the City of Padticah with Infiniti and hlfiniti %,Iedia in substantially the same form attached hereto as Exhibit A, Goal: xStrotlg Economy ❑ Quality Services❑ Vital Neighborhoods❑ Restored Downtowtls Funds Availab te: Account Name: Account Number: Finance Staff Recommendation: Attachments: Department Head City Clerk City Manager tiIUNICIPAL ORDER NO, A MUNICIPAL ORDER AUTHORIZING THE EXECUTION OF A MUTUAL RELEASE OF ANY AND ALL CLAIMS WITH INFINITI PLASTIC TECHNOLOGIES, INC., AND INFINITI t\,IEDL-k, INCORPORATED WHEREAS. City of Paducah and McCracken County arc the owners of certain real estate located within Industrial Park West of the City of Paducah, McCracken County. Kentucky, and generally known as 5400 Commerce Drive, Paducah, Kentucky (the "Leased Premises"), which they leased to the Paducah -McCracken County Industrial Development Authority ("IDA"): and WHEREAS. IDA subleased the Leased Premises to Infiniti Plastic Technologies, Inc.. ("hifiniti") in accordance with a Capital Sublease agreement dated March 2=4, 2004, as may have been amended (the "Sublease'); and WHEREAS. the Sublease was guaranteed by Infiniti Media, Incorporated ("Infiniti iVtedia" ): and WHEREAS, IDA, Infiniti, and Infiniti Media have reached a settlement agreement as to the full and complete termination of the Sublease, the full and complete surrender of possession to the Leased Premises by Infiniti to IDA, and a forever settlement and compromise of their differences; and WHEREAS, the City of Paducah, McCracken County, Infiniti, and Infiniti Media also desire to release one another from any and all claims concerning the Sublease and Infiniti's use and occupancy of the Leased Premises; and WHEREAS, it is beneficial for the City of Paducah to execute a mutual release of any and all claims with Infiniti and Infiniti Media with regard to such matters. WHEREAS, the Mayor of the City of Paducah. Kentucky, did execute on L'VIay , 2014, a mutual release with Infiniti and Infiniti Media based onternis and provisions determined by the corporate counsel for the City to the in the best interest of the City of Paducah. NOW, THEREFORE, IT IS HEREBY ORDERED as follows: Section 1. The execution by the Mayor of the City of Paducah, Kentucky of a mutual release of any and all claims concerning the Sublease and Infiniti's use and occupancy of die Leased Premises in behalf of the City of Paducah with Infiniti and Infiniti iVledia is hereby ratified, confirmed and approved. Said mutual release is attached hzreto as Exhibit A. Section. 2. This Order shall be in full force and effect on and after the date as approved by the Board of Commissioners of the City of Paducah. Kentucky. Mayor ATTEST: City Clerk Introduced by the Board of Commissioners, ____ . 2011 Adopted by the Board of Commissioners, 2014 Recorded by City Clerk, 12014 x ' 29,5 MUTUAL RELEASE OF ANY AND ALL CLAIMS This MUTUAL RELEASE OF A.NY AlND ALL CLAIMS (hereinafter this "Agreement") is made and entered into this _day of May, 2014, by and between INFINITI PLASTIC TECHNOLOGIES, INC., a Kentucky corporation ("Infiniti"), INFINITI 1IEDIA, INCORPORATED, a California corporation ('`Infiniti Media"), the CITY OF PA_DUCAH, KENTUCKY ("City"). and the COUNTY OF NICCRACKEN, KENTUCKY ("County"). WITNESSETH: WHEREAS, City and County are the owners of certain real estate located within Industrial Park West of the City of Paducah, McCracken County, Kentucky, and generally known as 5400 Commerce Drive, Paducah, Kentucky (the "Leased Premises"), which they leased to the Paducah -McCracken County Industrial Development Authority ("IDA"); and WHEREAS, IDA subleased the Leased Premises to Infiniti in accordance with a Capital Sublease Agreement dated Nfarch 24, 2004, as may have been amended (the "Sublease"): and WHEREAS, the Sublease was guaranteed by Infiniti Media: and WHEREAS, the parties hereto desire to release one another from any and all claims concernin- the Sublease and Infiniti's use and occupancy of the Leased Premises. NOW, THE, in consideration of the foregoing premises, and further valuable consideration, the adequacy and sufficiency of which is hereby acknowledged by all parties hereto, it is agreed as follows: I. Infiniti and Infiniti Media do hereby irrevocably and unconditionally release. waive, acquit and forever discharge City and County and any and all related or affiliated corporations and other legal entities (and any of their officers, directors, shareholders, members, management, representatives, agents, or employees), from any and all demands, charges, complaints, claims, liabilities, obligations, promises, agreements, controversies, actions, causes of action, suits, rights, costs, losses, debts and expenses, (including attorney's fees and costs actually incurred), of any nature whatsoever, contingent or otherwise, known or unknown, concerning, arising out of or related to the Sublease and Infiniti's use and occupancy of the Leased Premises, and any and all damages and losses incurred thereby, being that all possible claims relating thereto, whether known or unknown, are forever settled and released. This release shall survive the termination of the Sublease. 2. City and County do hereby irrevocably and unconditionally release, waive, acquit and forever discharge Infiniti and Infiniti Media and any and all related parent, subsidiary, or affiliated corporations and other legal entities (and any of their -)(ficers, directors, shareholders, members, agents, or employees), from any and all demands, charges, complaints, claims. liabilities, obligations, promises, agreements, controversies, actions, causes of action, suits, rights, costs, losses, debts and expenses, (including attorney's fees .-nd costs actually incurred), of any nature whatsoever, contingent or otherwise, known or unknown, concerning, arising out of or related to the Sublease and Infiniti's use and occupancy of the Leased Premises, and any and all damages and losses incurred thereby, being that all possible claims relating thereto, whether known or unknown, are forever settled and released. This release shall survive the termination of the Sublease. Further, in consideration of the above, the parties also EXPRESSLY DECLARE AND AGREE: A. That all claims concerning, arising out of or related to the Sublease and Infiniti's use and occupancy of the Leased Premises are disputed and this full and final settlement shall never be treated as evidence of liability, or as an admission of liability or responsibility at any time or in any manner whatsoever. B. That this release covers and includes all claims several or otherwise, past. present or future, which were asserted or which in any manner could have been asserted or may ever be asserted against the released parties, by any person or persons, as heirs or otherwise, that relate in any way to the Sublease and Infiniti's use and occupancy of the Leased Premises. C. That this full and final release shall cover and include all and any future damages not now known to any of the parties hereto but which may later develop or be discovered, including the effects or consequences thereof and including all causes of action therefore. 3. Attorney Fees and Expenses. Should any litigation be commenced between the parties concerning this Agreement, the parity or parties prevailing in any such litigation shall be entitled, in addition to such other relief as may be appropriate, to a reasonable sum as and for its attor'ney's fees and expenses in such litigation. 4. Entire Agreement. This Agreement represents the full and complete agreement between the parties concerning the subject matter hereof. The parties acknowledge that no additional promises or representations of any kind have been made by any person to induce them to enter this Agreement and that all settlement negotiations are merged herein. Neither this Agreement nor any term or provision hereof may be changed, waived, modified, discharged or terminated except by an instrument in writing duly signed by the party against which the enforcement of this change, waiver, modification, discharge, or termination is sought. S. Drafting of Agreement. The parties hereto acknowledge that each of their counsel participated in the review and drafting of this Agreement and that the terms herein were negotiated by the parties. In construing this Agreement and in determining the rights of the parties hereto, no party shall be deemed to have solely drafted or created this Agreement. 6. Re resentation of Authority. The persons signingthis Agreement represent and warrant that they are duly authorized to execute this Agreement on behalf of the party for whom he/she is signing, and to bind said party to the terms, conditions, provisions, duties, and obligations set forth in this Agreement. 7. Miscellaneous Provision. This Agreement shall be construed under the laws of the Commonwealth of Kentucky. Any suit relatingto this agreement shall be filed in the United States District Court for the Western District of Kentucky. Paducah Division if jurisdiction exists. If no federal jurisdiction exists, such suit shall be filed in the McCracken Circuit Court. 9_ Execution of Aueernent. This Agreement may be signed in two or more original counterparts, each of which shall be considered an original of this Agreement. It is specifically acknowledged by the parties that the Agreement may be signed and transmitted by electronic means, including by way of PDF file or other means and shall be deemed an original.. 1.0. Effective Date. This Agreement shall not become effective and binding until (i) this Agreement is fully executed and delivered by Infiniti, Infiniti Media, City and County. IN WITNESS WHEREOF. the parties execute this Aareement effective as of the day written above. INFINITI MEDIA: INFINITI MEDIA, INCORPORATED By Title Date CITY: CITY OF PADUCAH, KENTUCKY By _ Title INFINITI: INFINITI PLASTIC TECHNOLOGIES, INC. Title Date COUNTY: COUNTY OF NT IcCRACKEN, KENTUCKY Title Date Date Agenda Action Form Paducah City Commission Meeting Date: 20 May 2014 Short Title: Kentucky Housing Corporation • Gap Financing Pool ❑Ordinance ❑ Emergency ® Municipal Order ❑ Resolutior ❑ Motion Staff Work By: Charles Doherty, Sheryl Chino Presentation By: Steve Ervin Background Information: Kentucky Housing Corporation's Gap Financing Pool ("Pool") is designed to be a non-competitive and ongoing program, with nonprofits and units of local government reserving funds for eligible homebuyer and homeowner rehabilitation projects. The funds are on a first-come, first-served basis. The Planning Department proposes to construct four homes using GAP Financing Pool funds to continue the existing homebuyer program in the Fountain Avenue project area. The Planning Department plans to apply for $108,000 in grant funding from this program and no matching funds are required; however, the Planning Department intends to provide a 10% construction match, which is estimated at $48,000. Matching funds will be provided through the Fountain Avenue Revitalization Fund. If the Commission chooses to support this grant application, it must authorize and direct the Mayor or Mayor's designee to execute all required grant application documents. If an award is offered, it will be brought before the Commission for consideration. Goal: ❑Strong Economy ❑ Quality Services ® Vital Neighborhoods❑ Restored Downtowns Funds Available: Account Name: Account Number: 040-8827-536-2307 Finance Project Number: CD -0040 CFDA: Staff Recommendation: Approval Attachments: Department Head City Clerk City Manager ,)J NICLP.AL ORDER NO_ ,A MUMCIP_AL ORDER. AUTHORIZING THE M AYDR TO EXECUTE .AN APPLICATION .AND .ALL DOCUMENTS RELATING TO SAME. TO OBTAIN .A GRANT THROUGH THE KENTUCKY HOUSING CORPORATION'S G.aP FINANCING POOL D; THE .AMOUNT OF S 108.000. TO BENEFIT THE FOUNTAIN .AVENUE NEIGHBORHOOD REVITALIZATION PROJECT BE IT ORDERED BY THE CITY OF P.ADUC.AH, KENTUCKY: SECTION 1. The Mayor is hereby authorized to exeMle an application and .dl documents relating to same, to obtain a matching grant through the Kentucky Housing Corporations Gap Financing Pool in die amount of 5108.000 to bew-fit the Fountain A%enue Neighborhood Revitalization Project. There is no local cash match squired. SECTION 2. This order shall be in full force and effect from and after the date of its adoption. Mayor .ATTEST: Tammara S. Sanderson, City Clerk Adopted by the Board of Commissioners, May 20, 2014 Recorded by Tantntara S. Sanderson. City Clerk. May 20, 2014 \nto\,rants\Ky Housing Corp -Gap Financing 5-201-1 Agenda Action Form Paducah City Commission .v[eeting Date: \,[av 13, 2014 Short Title: 2010 Taxable Build America Bonds (13ABs) General Obligation Bonds (GOB), Refinancing Bonds authorization-- Tax Exempt Series 2014 'Ordinance ❑ Emergency ❑ Municipal Order ❑ Resolution ❑ Motion Staff Work By: Jonathan Perkins.. Audra Hemdon Presentation By: Jonathan Perkins Background Information: The 2010 Build America Bonds (BABs) taxable general obligation bonds (GOB) were originally issued in March of 2010. It is our intention to refinaiice the 2010 BAB GOBS t',-ith proceeds from another bond sale scheduled for May 27, 2014. A Second reading of this ordinance is scheduled for May 20, 2014. Bond proceeds from the May 27, 201=4 rax -exempt bond sale will be used to pay off the outstanding 2010 BAB GOB taxable issue. The 20 -year taxable GOB issue was scheduled to be paid in full in 2030. By refinancing the 2010 BAB taxable GOB issue. it is our intention to remove the C itv's dependency on the federal government for interest subsidy payments. )X'hen the issue was first put in place iri- 2*010: "tfie- federal govetntnent promised to provide a'reimbursement of 35% of all interest expenses for the life of the bond issue (20 years). Several years ago, with -sequestration'. the federal government broke its promise to Paducah and reduced the amount of interest expense subsidy. As a part of the BAB program, the original BAB GOB issue was required to be sold as a 'taxable GOB', thus at a higher interest rate to lock -in the 3300 interest subsidy payment. The bond market appears to be favorable to refinance the entire bond issue over the remaining life of the issue (to 2030) at an interest savings estimated to exceed S210,000. The savings is driven by t\',ro factors: (1) elimination of the BAB; program requirement remotes our obligation to a taxable GOB: and, (2) the market is such tl�.at interest rates in general ma} be more attractive now than in the past. Goal: []Strong Economy ❑ Quality Services❑ Vital Neighborhoods[] Restored Downtowns Funds Available: Account Name: Bond Issue - 2013r Account Number: Bond Fund Fin )d S Jon Perkins %Void Debt %Ianagement Bond Issue So 6455 - 2010. Pak Ilion. SpoilsPark.E-Inn. %artcus :aPita I proien3. hie S 58 _',)i i BABs t2014 Series) Refinanced .agenda - 2014 Bend Ordinance i201-) BABs refinance . trtra.dcc k2?-nda -\mon Form Staff Recommendation: That the Commission approve ordinance and all appropriate related agreements to refinance the ?010 BAB GOBs and reduce the amount of interest expense o�-er the life of the remaining debt issue through 2030. Attachments: Draft of Ordinance Department Head City Clerk ++ City Manager Ageuda Action Forw Paducah City Commission Meeting Date: May 13, 2014 Short Title: Reimbursement Agreement with Paduc& Power System for the Olivet Church Roadway Electrical Construction Expenses ❑Ordinance ❑ Emergency ❑ Municipal Order ❑ Resolution ❑ Motion Staff Work Byi Angela Weeks, EPW Proj Mgr Presentation By-, Rick Murphy, P.E., City Engineer -Public Works Director Background Information: In order to construct the Olivet Church Roadway Project, theetectrical lines and power poles within the Roadway Project area will require relocation, extension and/or new construction, the "Electrical Construction." in order to reduce the costs associated with the Roadway Project, the Electric Plant Board of the City of Paducah, Kentucky, d/b/a Paducah Power System, "PPS," has agreed to complete the "Electrical Construction" at its own expense. Upon completion of the "Electrical Construction" work by P?S, the City will reimburse PPS for all costs involving the Electrical Construction, which is estimated at $225,000. This amount is an estimate only. In the event the actual costs to cornplete the "Electrical Construction" exceed this estimate, payment for all materials actually installed and the labor required for the "Electrical Construction" work shall be made by the City to PPS. The Kentucky Transportation Cabinet has agreed to reimburse the City for all expenses associated with utility relocation related to the Olivet Church Road Lmprovement Project. Goal: ®Strong Economy ®Quality Services ®Vital Neighborhoods ❑Restored Downtowns Funds Available: Account Name: Olivet Church Roadvay Proj Account Number: 040-3315-532-2301 Finance Project Number: ST0027 Staff Recommendation.- To ecommendation:To adopt an Ordinance authorizing the Mayor to execute a Reimbursement Agreement with the Electric Plant Board of the City of Paducah, Kentucky, dVa. Paducah Power System "PPS," for Electrical Construction work related to the Olivet Church Road and to authorize the Finance Director to issue payment to PPS for the actual total costs upon completion of the Electrical Construction work, which is estimated to be $225,99)0.00. Attachments: Reimbursement Agreement. n C Depart n ea City Clerk Cit) Manager Agenda Action Form Paducah City Commission Meeting Date: May 13, 2014 Short Title: Reimbursement Agreement with JSA fol the Olivet Church Roadway Sanitary Sewer Construction Expenses ❑Ordinance ❑ Emergency ❑ Municipal Order ❑ Resolution ❑ Motion Staff Work By: Angela Weeks, EPW Proj Mgr Presentation By: Rick Murphy, P,E,, City Engineer -Public Works Director Background Information: In order to construct the Olivet Church Roadway Project, the sanitary sewer mains and services lines within the Roadway Project area will require relocation, extension and/or construction. In order to reduce the costs associated with the Roadway Project, the Paducah McCracken Joint Sewer Authority "JSA" has agreed to procure bids, administer and oversee a sanitary sewer project separately at its own expense. Upon completion of the JSA's sanitary sewer project,.the City will reimburse JSA for the actual costs estimated to be $304,240. In the event the costs exceed this estimated amouO, the City agrees to reimburse JSA for the total costs required to complete the Sanitary Sewer Construction. Applicable costs and expenditures shall include, but not be limited to, the following: engineering and design permitting, materials, construction, labor, equipment, inspection, certification, as- builts, advertisement and copy expenditures/fees. The Kentucky Transportation Cabinet has agreed to reimburse the City for all expenses associated withutilsty relocation related to the Olivet Church Road Improvement Project. Goal: ®Strong Economy ®Quality Services ®Vital Neighborhoods ❑Restored Downtowns Funds Available: Account Name: Olivet Church Road-,vay Proj 5 ZOJ� Account Number: 040-3315-532-2307 Finance Project Numbers ST0027 Staff Recommendation: To adopt an Ordinance authorizing the Mayor to execute a Reimbursement Agreement with the Paducah McCracken Joint Sewer Authority for sanitary sewer construction work related to the Olivet Church Road and to authorize the Finance Director to issue payment to Paducah McCracken Joint Sewer Authority for the actual total costs upon completion of the sanitary sewer work, which is estimated to be $304,240. Attachments: Reimbursement Agreement. r Depart nt'rea City Clerk City Manager Agenda Action Form Paducah City Commission Meeting Date: tilay 14, 20 U Short Title: Authorize Payment to AES Environmental, LLC for Household Hazardous Waste Collected during 2014 Clean -Up Day ®Ordinance ❑ Emergency ❑ Municipal Order F-1Resolution ❑ Motion Staff Work By: Chris Yarber, EPW Operations Yfanager Angela Weeks, EPW Project Manager Presentation By: Rick k1urphy, P.E., City Engineer -Public Works Director Background Information: On April 12, 2014, the City of Paducah co-sponsored along arith the county a free Clean -Up Day to assist all property owners with disposal of various waste. Household hazardous waste was one item collected on this day. In accordance with Kentucky requirements, a Kentucky certified hazardous waste service is requiredto dispose of all hazardous waste. AES Environmental LLC, with an office in Calvert City, KY, is the only certified hazardous collector who is a vendor with the Commonwealth of Kentucky within this area. Therefore, the service of AES Environmental LLC was requested to collect and dispose of household hazardous waste during the free Clean -Up Day. This year, the collection of household hazardous waste totaled $23,065.40. Last year's collection totaled $21,156.60. The partial funding of the free Clean -Up Day is provided by a grant from the Kentucky Division of Waste Management in the amount of $27,000. Goal: ❑Strong Economy ®Quality Services ®Vital Neighberheods ❑Restored Do«ntoans Funds Available: Account Name: Haz Waste Z�6U 51,VI� Project Number: iVM00S6 coo Finance Account Number: 050-2209-531-2004 Staff Recommendation: To adopt an Ordinance authorizing the payment of $23,065,40 to AES Environmental LLC, for collection and disposal of household hazardous waste collected during the free Clean -Up Day on April 12, 2014, Attachments: Invoice 551 A Depart enH City Clerk City Manager A Agenda Action Form Paducah City Commission Meeting Date: May 13, 2014 Short Title: Closure of a Portion of Ridgewood Streit between Topeka Avenue and Olympia Avenue ®Ordinance ❑ Emergency ❑ Municipal Order ❑ Resoludon ❑ Motion Staff Work By: Angela Weeks, Engr Proj Vfgr Presentation By: Rick Murphy, P.E., City Engineer -Public Works Director Background Information: The following adjacent property owners have submitted an executed application requesting that a portion of Ridgewood Street between Topeka Avenue and Olympia Avenue closed: Higdon Development, Inc. David and Kristie Stuber Ronald and Shirley Hagan Charles aad Linda Hayden Update: Charles and Linda Hayden has acquired the adjacent triangle portion of property on April 22, 2014 by Quitclaim Deed 1275-607 which was mistakenly left out of the Hayden's original property deed. On February 17, 2014, the Planning Commission held a Public Hearing and made a positive recommendation to the City Commission for this closure. All of the utility companies have agreed to this closure with utility easements not being required. Goal: []Strong Economy ❑Quality Services ®Vital Neighborlcods ❑Restored Do-,Nmtovms Funds Available: Account Name: N/A Account Number- Finance Staff Recommendation: To adopt an ordinance authorizing the closing of a portion ofRid-ewood Street between Topeka Avenue and Olympia Avenue be closed and authorizing the Mayor to execute the plat and all necessary documents to complete the transfer of propeerty to the adjacent property owners. Attachments: Original Street Closure Application, Proposed Closure Plat, Public Hearing Notice, Planning Commission Resolution /eg t ea City Clerk City Manager J