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Minutes for the special called Public Works Committee meeting on November 8, 2005.
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Public Works Committee Minutes
Special called meeting
Tuesday, November 8, 2005
8:30 a.m.
Mayor’s Conference Room, City Hall
Members present: Ashley, Dover, Farmer, Province and Street. Chris Moore was unable to attend.
ORDINANCES AND RESOLUTIONS
Performance Bond ordinance: It was explained that to be in compliance with state statute, all improvements will need to be complete to get final approval of the development or subdivision or a performance bond will need to be secured to guarantee the improvements will be completed. Questions were raised concerning the amounts of the bonds. It was explained the bond will be a percentage of the cost of the improvements to be made. Mr. Teddy Hooton, Street Superintendent, also questioned what should be done with the letters of credit that are due to expire in the near future, since those developers will no have enough time to secure a bond. It was suggested that the ordinance not be made effective until January 1, 2006, and allow the developers whose letters of credit expire before January 1, a letter of credit until a bond is secured. Councilman Dover moved, second by Councilman Farmer, to present the ordinance to full council. It was asked for Mr. Hooton to meet with City Attorney Phillip Crego to figure out the best way to handle putting the ordinance into effect with developers who currently have letters of credit with the city.
Ordinance to amend the 2005 budget to provide additional funding for the Street Department: Mr. Hooton presented the committee with an ordinance allowing him to take money out of the un-appropriated fund balance of the Street Fund to be allocated for various budget accounts, including overtime salaries, maintenance buildings and grounds, outside maintenance equipment, repair part for autos/vehicles, supplies and fuel. Mr. Hooton added that money from the auction will soon be deposited in his acco...
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