05/08/1997, Workshop Meeting MinutesMINUTES OF
KENNEDALE CITY COUNCIL
PRE COUNCIL WORKSHOP - MAY 8, 1997
100 E. BROADWAY ST. - COMMUNITY CENTER
Mayor Mundy called the workshop to order at 6:51 p.m.
Members present were Mayor Mundy, Councilmen Barrett and Boone.
Councilmen Wright arrived at 7:10 p.m. Councilman Kovach was absent.
Councilman elect Rick Steeno was also present.
Staff present was Ted Rowe and legal counsel, Wayne K. Olson.
ITEM NO. 1 - Discussion on any item as posted on the May 8, 1997
City Council Agenda.
Mr. Rowe briefed council on the public hearing requirements, as well as
the requirements for establishing reinvestment zones and abatements.
Mr. Olson, legal counsel pointed out that the contract needed to include
an annual certified statement that the company is in compliance with all.
the terms of the contract, and that any abatement is subject to the
rights of holders of outstanding bonds.
Next, Council discussed the pros and cons among themselves for granting
or denying the abatement.
There being no further discussion, Mayor Mundy adjourned the pre council
workshop at 7:26 p.m.
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ATTEST:
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City Secr tart'
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APPROVED:
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Mayor Rob P. Mundy