Citation in context
November 27, 2018 — Meeting Minutes
Cited passage
City Attorney Karr reads Bill No. 6701, an Ordinance Authorizing the City to Execute a Funding Agreement with 8025 Acquisitions, LLC in Connection with a Proposed Redevelopment Project at Forsyth Boulevard and Brentwood Boulevard for the first time by title only. The motion passed unanimously on a voice vote.
11-27-18 BOA Minutes November 27, 2018 Page 4 of 5
Minutes are recorded based on Robert’s Rules of Order Newly Revised, 11th, 2013 Edition
Motion made by Alderman Winings that the Board give unanimous consent to consideration for adoption of Bill No. 6701 on the day of its introduction. Alderman Boulton seconded.
The motion passed unanimously on a voice vote.
Alderman Winings introduced Bill No. 6701, an ordinance to approve a funding agreement with Koman Properties to be read for the second time by title only. Alderman Boulton seconded.
City Attorney Karr reads Bill No. 6701, an Ordinance Authorizing the City to Execute a Funding Agreement with 8025 Acquisitions, LLC in Connection with a Proposed Redevelopment Project at Forsyth Boulevard and Brentwood Boulevard for the second time by title only.
The motion passed on a roll call vote: Alderman Winings – Aye; Alderman Boulton – Aye; Alderman Lintz – Aye; Alderman Berkowitz – Aye; Alderman Harris – Aye; Alderman McAndrew – Aye; and Mayor Sanger – Aye. The bill, having received majority approval was adopted and became Ordinance No. 6566 of the City of Clayton.
Other
Alderman Winings reported on the following: • Charter Advisory Task Force met this week; plans to provide a summary report to the Board in January.
Alderman Boulton reported on the following: • Several neighborhood meetings have been held with regard to the proposed development at 6611 Clayton Road.
Alderman Lintz reported on the following: • Plan Commission/ARB meeting held on November 19; members discussed several items including a proposed daycare (Montessori) on Clayton Road. • Attended a meeting on Best Practices in Modern Transit.
Alderman Berkowitz reported • The Loop Trolley is now operating and had the experience to ride the route.
Alderman Harris reported on the following: • Shop Clayton event; talked with retailers who felt it was a good turnout; thanked the City for all of the help they received in advertising and marketing. • Clayton Century Foundation Major Gifts Committee met recently; discussed funding for projects.
Alderman McAndrew reported on the following: • Clayton Century Foundation meeting scheduled November 15 was cancelled due to inclement weather.
Mayor Sanger reported on the following: • Provided a brief summary of his trip to Cuba.
Alderman Boulton seconded. The motion passed unanimously on a voice vote. AN ORDINANCE TO CONSIDER APPROVING A FUNDING AGREEMENT WITH 8025 ACQUISITIONS, LLC
City Manager Owens reported that Staff in conjunction with 8025 Acquisitions, LLC (Koman Properties) and Flaherty & Collins is developing a redevelopment plan for the quarter block located at the corner of Forsyth Boulevard and Brentwood Boulevard. The development includes a residential tower, office tower and a shared garage. Flaherty & Collins as part of their now-approved project entered into a funding agreement on March 14, 2017, by Ordinance No.
City’s costs to develop their portion of the plan which includes legal and financing professionals. The proposed agreement with Koman is substantially identical in amount and terms to the Flaherty & Collins agreement.
The proposed ordinance would authorize the execution of the preliminary funding agreement. Alderman Winings introduced Bill No. 6701, an ordinance to approve a funding agreement with Koman Properties to be read for the first time by title only. Alderman Boulton seconded.
City Attorney Karr reads Bill No. 6701, an Ordinance Authorizing the City to Execute a Funding Agreement with 8025 Acquisitions, LLC in Connection with a Proposed Redevelopment Project at Forsyth Boulevard and Brentwood Boulevard for the first time by title only.
The motion passed unanimously on a voice vote.
Alderman McAndrew reported on the following: • Clayton Century Foundation meeting scheduled November 15 was cancelled due to inclement weather. Mayor Sanger reported on the following: • Provided a brief summary of his trip to Cuba.
11-27-18 BOA Minutes November 27, 2018 Page 5 of 5
Minutes are recorded based on Robert’s Rules of Order Newly Revised, 11th, 2013 Edition
There being no further business the meeting was adjourned at 7:40 p.m.
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Mayor
ATTEST:
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