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HomeMy WebLinkAboutCity Council Committees - Operations - 02/27/1990 1R `S OPERATIONS COMMITTEE MINUTES February 27, 1990 COUNCIL MEMBERS PRESENT: Christi Houser Paul Mann Jon Johnson STAFF PRESENT: Ed Chow 0 , Tony McCarthy iv Sandra Driscoll Rod Frederiksen Alana McIalwain Mimi Castillo Liz Carpenter Teri Mertes APPROVAL OF VOUCHERS All claims for the period ending March 13, 1990 in the amount of $1, 370, 152 . 31 were approved for payment. CULTURAL CENTER STUDY Finance Director McCarthy informed the Committee that the City has been asked, by a group of private individuals, to provide $10, 000 to match a planned private sector fund drive to generate an additional $10, 000 to complete a cultural center feasibility study. City Administrator Chow explained this study would help address the council target issue- Downtown revitalization. Councilmember Houser pointed out that she prefer these type of items to be addressed in the budget. Councilmember Johnson moved that the group of private individuals must raise its share of $10, 000 and then the city would match that amount. The Committee recommended on a 3-0 vote that the city will appropriate $10,000 if and when the private sector raises their share. The item will be placed on the April 3rd agenda under Other Business. KHERSON MURAL PROJECT City Administrator Chow presented a request of $10,000 to reimburse the city art program for the Kherson Mural. These funds were originally slated for restoration and relocation of the Carnation Mural but were redirected so the Kherson Mural would be done in time for the Goodwill Games and a visit by the Kherson Delegation. Chow noted that the IBC had recommended a reprioritization of existing funding. 0 i The Committee recommended the reimbursement to Council by a vote of 3-0. ADDED ITEM- HENDERICKSEN PROPERTY FORECLOSURE Police Chief Frederiksen informed the Committee that the forfeited property, located on 22615 100th Ave. SE, will be subject to foreclosure on April 13, 1990 due to arrearages owing on the financing of the property. The city didn't receive the deed to this property until last month due to the fact that the King County Prosecutor's office just recently negotiated the plea agreement which included the transfer of the deed. Three options available to the city include: 1. Allow the foreclosure, the city would receive no profit and not be able to recover investigative costs. 2. Pay off the loan then analyze a method of disposition, either the city sell it or hire a real estate agent. 3 . Immediately list the property for sale by an agent and risk foreclosure if it is not sold by April 13 . Frederiksen recommended with the concurrence of the IBC that the city pay off the loan of $103, 000, own the house and then sell it. The sales option decision will be made following an analysis of city versus broker sales costs. The Committee recommended the loan pay off by a vote of 3-0. The payoff does not require a budget change and therefor full Council action is not required.