01-19-1999 - Laserfiche WebLink

Commission Minutes--January 19, 1999 1926 Mrs. Schneider expressed concern about using the loan pool for the development of speculative buildings and asked for some discussion on how this program would work and risks involved. Mr. Koenig said only one speculative building is being considered at the present time, and it would be on a trial basis to help show developers this concept is feasible. Mr. Meyer said this would be a shared-risk venture. If the building is not occupied at the end of two years, he said the GIF would pay for the building but no financial costs up to that point. Mrs. Schneider asked about paragraph 1 (b) indicating a time extension beyond the year 2002 when the loan pool is expected to reach the goal of $8,000,000. With the governmental entities reducing their annual budget allocations, Mr. Koenig said this will be extended longer than originally planned. He did not have the exact date when that amount would be reached. MOTION, withdrawn Mr. Koenig moved and Mr. Meyer seconded to accept Amendment No. 1 to Memorandum of Understanding concerning the Growth Initiative Fund, with the stipulation that the County Auditor make the necessary modification to reflect the county's payment plan. Discussion: Mrs. Schneider said she would not be comfortable making a decision today with the changes needed in the wording of the payment schedule, as well as requesting information on what year the loan pool is expected to reach $8,000,000, and further information concerning the development of speculative buildings. She suggested inviting representatives of FCCEDC to the next Commission meeting, as well as other community representatives who serve on that Board. Mrs. Quick asked if this would be acceptable to those who made the motion and second. Mr. Meyer withdrew his second, providing this item will be placed on the next meeting agenda of February 1st; and Mr. Koenig withdrew the motion. MOTION, passed Mrs. Schneider moved and Mr. Koenig seconded to table a decision on Amendment #1 to Memorandum of Understanding concerning the Growth Initiative Fund until receiving additional information and further review at the February 1, 1999, Commission meeting. On roll call vote, motion carried unanimously. 14. ROAD DEPARTMENT, County Engineerto oroceed with County Road 26 school turn lanes Mr. Koenig asked to have this item moved from the consent agenda to the regular agenda for discussion. Keith Berndt, County Engineer, was present to provide background information on this project. He said it was the consensus of the County Road Advisory Committee to hire a consultant to design an intersection with turn lanes for school traffic along County Road 26 because of safety concerns. Mr. Berndt and Mr. Wieland have had meetings with the Northern Cass School District, and they have agreed to help pay for the safety improvements. The North Dakota Department of Transportation has also been contacted, and they have committed $80,000 in Federal funds. MOTION, passed Mr. Koenig moved and Mr. Meyer seconded to authorize the County Engineer to proceed with the Cass County 26 school turn lanes project with $80,000 federal funds, $20,000 from Northern Cass