Includes Ordinances 07-27(A) and Ordinance 07-27(A)(S)
HOMER,
City Manager
ORDINANCE 07- 27(A)
AN ORDINANCE OF THE
WHEREAS, Construction of a new City Hall and Town Plaza is a top priority on the City’s adopted Capital Improvement Priorities List (C.I.P. List); and
WHEREAS, Construction of a new City Hall and Town Plaza would achieve multiple City Council goals which include:
· Providing better service to the public by replacing the existing City Hall. The current building has no room for additional staff, is too small for existing functions, and has severe storage and meeting space limitations including an inadequate Council Chambers.
·
Implementation of the adopted Town Center Plan
by constructing the Civic Anchor, the
· Consolidation and expansion of the Kenai Peninsula College-Kachemak Bay Campus; and
WHEREAS, The City Council has embarked on an expedited design and construction schedule (projected occupancy October 2009) in order to take advantage of existing funding opportunities, adhere to the adopted implementation schedule of the Town Center Plan, and accommodate the College’s desire to purchase, refurbish, and occupy the existing City Hall as quickly as possible; and
WHEREAS, The Council has adopted Resolution 07-72 (S) which approved the General Contractor / Construction Manager (GC/CM) method of project design and construction and authorized the administration to issue Requests for Proposals to interested design/construction teams; and
WHEREAS, Assuming that the City executes the anticipated sale of the existing City Hall to the University, the Council already has approximately four million dollars available to it for this project; and
WHEREAS, The construction schedule for this project assumes that a
Maximum Allowable Construction Cost (
WHEREAS, The City cannot sign a construction contract unless sufficient funding sources are identified and secured; and
WHEREAS, The Council wishes to borrow as little money as possible but recognizes that time for fund raising is limited under this construction schedule and further, that the City cannot apply for grants or funding from other sources until a preliminary design is complete; anticipated to be in February or March 2008; and
WHEREAS, The Council understands that it will likely have to borrow some amount of money to complete this project and it wishes to have full funding in place by March of 2008 in the event that it chooses to take the project to the next step and elects to proceed with construction.
Section 1. The Homer City Council finds that it is in the best interest of the City to seek authorization from the voters to incur long term debt in order to complete the financing package for the new Homer City Hall and Town Plaza Project and to insure that the construction phase of the project can proceed even if additional outside funding is not identified and secured by the time the construction contract is authorized by the Council.
Section 2. The City Clerk shall submit the following
question to the voters at the next regular election to be held on
Shall the City of
____________ Yes ________________ No
Section 3. The City Manager and City Clerk are authorized to provide an explanation and informational documents to the voters regarding issues such as what the borrowed money would be used for, the terms of the loan, and how the loan would be repaid.
Section 4. This ordinance is not of a permanent nature and as such, shall not be codified.
PASSED
_____________________________
JAMES C. HORNADAY, MAYOR
ATTEST;
______________________________
JO JOHNSON,
Introduction:
Public Hearing:
Second
Effective Date:
Ayes:
Nayes:
Abstain:
Absent:
Reviewed and Approved as to Form and Content:
______________________ ________________________
Walt Wrede, City Manager Gordon Tans, City Attorney
Date: __________________ Date: ___________________
Fiscal Note: Projected Amortization Schedule Attached.
HOMER,
City Manager
ORDINANCE 07- 27(A)(S)
AN ORDINANCE OF THE
WHEREAS, Construction of a new City Hall and Town Plaza is a top priority on the City’s adopted Capital Improvement Priorities List (C.I.P. List); and
WHEREAS, Construction of a new City Hall and Town Plaza would achieve multiple City Council goals which include:
· Providing better service to the public by replacing the existing City Hall. The current building has no room for additional staff, is too small for existing functions, and has severe storage and meeting space limitations including an inadequate Council Chambers.
·
Implementation of the adopted Town Center Plan
by constructing the Civic Anchor, the
· Consolidation and expansion of the Kenai Peninsula College-Kachemak Bay Campus; and
WHEREAS, The City Council has embarked on an expedited design and construction schedule (projected occupancy October 2009) in order to take advantage of existing funding opportunities, adhere to the adopted implementation schedule of the Town Center Plan, and accommodate the College’s desire to purchase, refurbish, and occupy the existing City Hall as quickly as possible; and
WHEREAS, The Council has adopted Resolution 07-72 (S) which approved the General Contractor / Construction Manager (GC/CM) method of project design and construction and authorized the administration to issue Requests for Proposals to interested design/construction teams; and
WHEREAS, Assuming that the City executes the anticipated sale of the existing City Hall to the University, the Council already has approximately four million dollars available to it for this project; and
WHEREAS, The construction schedule for this project assumes that a
Maximum Allowable Construction Cost (
WHEREAS, The City cannot sign a construction contract unless sufficient funding sources are identified and secured; and
WHEREAS, The Council wishes to borrow as little money as possible but recognizes that time for fund raising is limited under this construction schedule and further, that the City cannot apply for grants or funding from other sources until a preliminary design is complete; anticipated to be in February or March 2008; and
WHEREAS, The Council understands that it will likely have to borrow some amount of money to complete this project and it wishes to have full funding in place by March of 2008 in the event that it chooses to take the project to the next step and elects to proceed with construction.
Section 1. The Homer City Council finds that it is in the best interest of the City to seek authorization from the voters to incur long term debt in order to complete the financing package for the new Homer City Hall and Town Plaza Project and to insure that the construction phase of the project can proceed even if additional outside funding is not identified and secured by the time the construction contract is authorized by the Council.
Section 2. The City Clerk shall submit the following
question to the voters at the next regular election to be held on
Shall the City of Homer borrow
funds be authorized to incur debt, which shall be a
general obligation of the City, in an amount not to exceed seven million
dollars ($7 million) for the purpose of acquiring, constructing, improving and
equipping the a new Homer City
Hall and Town Plaza?
____________ Yes ________________ No
Section 3. The City Manager and City Clerk are
authorized to provide an explanation and informational documents to the voters
regarding issues such as what the borrowed money would be used for and, if known, the terms of the
loan, and how the loan would be repaid.
Prior to the election, the City Clerk shall publish notice of
existing indebtedness as required by AS 29.47.190.
Section 4. This ordinance is not of a permanent nature and as such, shall not be codified.
PASSED
_____________________________
JAMES C. HORNADAY, MAYOR
ATTEST;
______________________________
JO JOHNSON,
Introduction:
Public Hearing:
Second
Effective Date:
Ayes:
Nayes:
Abstain:
Absent:
Reviewed and Approved as to Form and Content:
______________________ ________________________
Walt Wrede, City Manager Gordon Tans, City Attorney
Date: __________________ Date: ___________________
Fiscal Note: Projected Amortization Schedule Attached.