City May Forfeit Ability to Borrow Money for Community Center
St. Charles City Council will meet at 7 p.m. May 1.
The St. Charles City Council on Tuesday, May 1 is expected to consider whether to release a $30 million in general obligation bonds that voters approved in 2007 to use to build a center.
A council committee heard a presentation from Jeff Campbell, President and CEO of ShowMe Aquatics and Fitness on April 17, seeking to start discussions again about partnering to build a community center.
Council members offered few opinions on the presentation after the meeting, however, Council president Mike Klinghammer said the city has other projects that have a higher priority.
The bill is up for final passage Tuesday.
Among the other items on the agenda:
- Public hearings for amendments to the zoning code that would allow banquet centers and meeting facilities in the Historic Commercial District, an area that includes South Main Street, south of Boone's Lick Drive, but not on South Main Street, between Boone's Lick Drive and Madison Street.
- Public hearing for the West Clay Community Improvement District, a proposal for the Lindenwood Town Center project to collect
- An extension to allow the city and the DESCO group until December 2012 to negotiate a redevelopment agreement. The previous deadline was March 31.
- An ordinance that provides City Attorney Mike Valenti, City Clerk Laura Whitehead, department directors and Director of Administration Michael Spurgeon, with a 2.5 percent salary increase over the 2011 salary.
- A contract with Kolb Grading for an additional $101,100 to conduct a number of studies to determine the impact of the Pearl Ridge Relief sewer project on Taylor Branch and provide solutions for the reach of the creek. The city originally contracted with Kolb Grading to complete the Pearl Ridge Storm Water Extension project in 2006 for $855,454.
- Public hearing on an application to rezone 1.68 acres of land owned by Mt. Carmel Senior Living, which hopes to construct an addition to its current building and parking lots. Neighbors have raised concerns about this change and many signed a petition asking the city to keep the zoning the same.
Debbie McReynolds
7:41 am on Tuesday, May 1, 2012
If the bonds were desiginated for a Community Center then isn't that what they are supposed to be used to build.
Kalen Ponche
10:06 am on Tuesday, May 1, 2012
Hi Debbie- sorry if that wasn't clear. The city can only use the bonds to build a community center, but right now the city is close to its bonding capacity and it would be difficult to borrow money needed to build the new street facility, repair the parking garage and build a new fire station, according to the director of finance.