Meeting Summary
The city council discussed a proposed Bridge Maintenance Bond Program, presenting two options for funding bridge repairs and replacements, with council members leaning towards a shorter-term, $20 million plan for voter approval. Updates to the city's building codes and associated fee adjustments were also presented for future adoption. Additionally, a significant discussion took place regarding the potential purchase of a 5-acre property for $525,000 to develop affordable housing, leveraging federal tax credits, which generated varied opinions among council members.
Financial Matters
Bridge Maintenance Bond Program Option 1
Proposed bond package for 10 bridge replacements and 9 major rehabilitations over 10 years, with a 20-year maturity.
Bridge Maintenance Bond Program Option 2
Proposed bond package for 3 bridge replacements and 8 major rehabilitations over 5 years, with a 5-year maturity.
Re-inspect fee
Proposed increase for re-inspection fees.
Base permit fee
Proposed increase for minimum base permit fees.
After-hours inspection fee
Proposed new codified fee for inspections requested outside of regular business hours.
OUBCC permit fee
State-mandated fee per permit, with a proposed 50-cent administration fee to be collected.
Property Purchase for Affordable Housing
Proposed purchase price for approximately 5 acres of undeveloped property at Imhoff Road and Oakhurst Avenue.
Coming Up
Watch For
- Bridge Maintenance Bond election (late 2023-2024)
- Building Code Updates (Council action/adoption in March)
- Purchase and Sale Agreement for affordable housing property (on next Tuesday's agenda)
- First reading for recodification of city code (next week)
- Second reading for recodification of city code (first meeting in February)
- HOME ARPA funding discussion (next month)
Agenda Summary
Discussion regarding Bridge Maintenance Bond Program
Presentation of two options for a bond program to address the city's aging bridge infrastructure, including replacements and major rehabilitations, with a focus on funding mechanisms and voter reception.
Discussion regarding updates to Building Code
Presentation on proposed updates to the city's residential and commercial building codes, adjustments to various permit and inspection fees, and a change to the fire code to streamline enforcement.
Discussion regarding the purchase of property for affordable housing
Presentation and discussion on acquiring a 5-acre undeveloped property at the northeast corner of Imhoff Road and Oakhurst Avenue for $525,000, intended for an affordable housing development utilizing low-income housing tax credits.