There are two more council agendas we'd like to highlight this morning. Noteworthy council agenda items seem to be falling out of the woodwork this week.
First, we'd like to alert our readers to a matter which is being taken up in a council work session next Thursday, 8/20/09. The topic? The 36th/46th street water tanks. Read the city council's press release here:
• WORK SESSION: INFORMATION REGARDING THE 36th/46th STREET WATER TANK TO BE DISCUSSED
As our readers will recall, as part of the City Council's Water Horizons project, our city council last year approved the construction of a water tank at the top of 46th St, and pumping stations along the east bench. Early in the spring however, the council learned that Boss Godfrey had abandoned the 46th street project, and had been quietly working on a $6 million tank installation at the top of 36th street instead. Ultimately the matter was sent back to the planning commission, which last week issued a recommendation to the council to approve an amendment to the City’s Capital Improvement Plan, to substitute the 36th street tank installation.
This matter has taken a long and winding road, but now finds itself squarely back in the council's lap. For those who've been following Weber County Forum's numerous numerous articles regarding this topic, Thursday's council session should prove to be quite enlightening. Moreover, the council is making an exception to the general rule that lumpencitizens have no voice at council work sessions. On Thursday night, anyone who wants to speak up has five minutes.
Next, we'll highlight an agenda item which has popped up on both the council and RDA calenders for this coming Tuesday, 8/18/09. Frankly we have absolutely no idea what this is all about, but this RDA Agenda notation definitely caught our attention:
9. Reports from the Administration:Read the full RDA and Council agendas here:
a. Tax Increment Revenue Refunding Bond. Proposed Resolution 2009-4 authorizing the issuance and sale of not more than $32,000,000 aggregate principal amount of its taxable revenue refunding bonds; and related matters. (Adopt/not adopt resolution – roll call vote)
• 8/18/09 RDA AgendaReliable sources inform us that the Bank of New York, which issued the original letter of credit guaranteeing bonding for the Junction, has suddenly revoked that letter of credit. Perhaps it has something to do with that. Maybe it has something to do with With Boss Godfrey's proposed tax increment funding bailout. It's fuzzy, to say the least.
• 8/18/09 Council Agenda
While we confess we have no idea what's behind this new $32 million council/RDA agenda item, we have absolute confidence we'll soon find out. At the very least, we hope someone within our WCF readership will attend Tuesday's council session and then report back. Better yet, perhaps some of our better informed readers can fill in the blanks in our lower comments section, in the interval between now and Tuesday's RDA/Council meetings.
That's it for now, folks.
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