05-16-1995 Special Meeting CITY OF CLERMONT
MINUTES
SPECIAL COUNCIL MEETING
MAY 16, 1995
A special meeting of the City Council of the City of Clermont was held Tuesday, May
16, 1995 in the City Hall conference room. The meeting was called to order at 6:00
p.m. by Mayor Pool with the following Council Members present: Council Member
Dupee, Council Member Cole, and Council Member Sargent. Other City officials
present were City Manager Saunders, City Attorney Baird, and Finance Director Van
Zile. Mayor Pro Tern Norquist arrived at 6:10.
Resolution No. 867 - Line of Credit
Mayor Pool explained the purpose of the meeting was to review Resoution 867
required for the dosing on the $3 million line of credit. Finance Director Van Zile
explained that the $3 million line of credit involves semi-annual interest payments and
annual principal payments. City Manager Saunders explained that it is planned to
draw down all of the $3 million at once because of the favorable interest rate.
Mayor Pool read Resolution No. 867 by title only.
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A motion was made by Council Member Cole, seconded by Council
Member Sargent, and carried unanimously by roll call vote to adopt
Resolution No. 867.
Council Member Norquist e,ntered the meeting at 6:10.
Clermont Groves Agr.e. ement
The proposed contra~t~ revision between the City and Clermont Groves (Rex
McPherson) was discussed. City Manager Saunders explained that the City's
agreement with Clermont Groves requires the City to pay for the property purchased
from Clermont Groves through collection of impact fees. Lennar Homes is also
requesting a credit for impact fees for their up-front contribution toward the water
system. The proposed change to the Clermont Hills agreement would allow the City
to move forward with the agreement with"Lennar Homes.
CITY OF CLERMONT
MINUTES
SPECIAL COUNCIL MEETING
MAY 16, 1995
Page 2
Sewer Gravity Line Change Order
The need for a change order for the sewer gravity line that would extend north of the
Hancock Road lift station to the south property line of the Knapp property was
discussed. City Manager Saunders explained that the City needs to install this line to
meet the obligations under the agreement with MAK development.
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A motion was made by Council Member Sargent, seconded by Council
Member Norquist, and carried unanimously to approve the Sewer GraviS_
Line change order.
Star Development, Inc.
The Council then discussed the proposed agreement between the City and Star
Development, Inc. who are the developers of the North Ridge Subdivision. City
Manager Saunders explained that this agreement summarized the City's previous
agreement regarding upgrading of certain infrastructure and the City's contribution for
those upgrades.
There being no further business or discussion, the meeting adjourned at 6:35 p.m.
Attest:
City Clerk