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Regular Council Meeting December 11, 2017 Page 8 ORDINANCES OF THE CITY OF PARIS, TEXAS; ESTABLISHING STOP SIGNS STOPPING NORTHBOUND AND SOUTHBOUND TRAFFIC AT THE INTERSECTION OF 18TIl STREET NE AND FAIRFAX STREET; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; PROVIDING A REPEALER CLAUSE, A SEVERABILITY CLAUSE, A SAVINGS CLAUSE, A PENALTY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. Assistant Police Chief Randy Tuttle said the Traffic Commission received a request to places stop signs at 18"' N.E. and Fairfax. He also said the intersection currently has no traffic control device and that Commission recommended approval. A Motion to approve this item was made by Council Member Drake and seconded by Council Member Jenkins. Motion carried, 6 ayes — 0 nays. 25. Discuss and possibly act on a Resolution proposed by the Historic Preservation Commission to petition the City Council to instruct the City Manager and City Attorney to foreclose on the Belford Apartment Complex and put out a Request for Proposals for Sale of the Belford Apartment Complex as an "Adaptive Historical Property Restoration." City Engineer Carla Easton said this item was presented to the Historic Preservation Commission in October by member David Alarid for the City to intervene and try to move forward with restoration of the Belford Building, Ms. Easton gave a history to the Council, beginning with the building being identified by code enforcement as a dilapidated structure in 2010�. She said the Building .and Standards Commission placed its first order on, the property in September of 2010, and subsequent orders were placed in attempts to force the owner to repair the building. Ms. Easton reviewed the timeline of the Building and Standard Commission's actions. She referenced the structural engineer's report which identified multiple deficiencies in the structure that tendered it unsafe, including severe deterioration of the building. In summary, Ms. Easton also said that civil penalties had accrued to the sum of $2,021,800.00 and continued to accrue at $ 1,100.00 per day. Ms. Easton told City Council that in October and November of 2016, city staff and Council Member Lancaster met with the owner in an effort to help hire by recommending that the City Council reduce or waive all penalties, should the owner want to sell the property to a genuine buyer. Ms. Easton said no further progress had been made on tile demolition or repairs to the property. She also said the City could legally demolish the building but has not done so, due to cost. Ms. Easton explained the Historic Preservation Commission recommended a process by which the City would intervene with the following: take ownership by foreclosure; procure bids for the building restoration; adopt a tax increment financing to subsidize the restoration; and sell the property to an investor, Mayor Clifford said if the City took over the building and Mr. Alarid was able to do something with it, the building could be saved. He also said it was his understanding if the City did not, that in a matter of time it could collapse. City Attorney Stephanie Harris said this could be done, but it was not without risk to the City. She said a lawsuit would have to be filed, in order to reduce the civil penalties to judgment and more than likely, it would result in a trial and the result could be appealed. Ms. Harris advised once a final judgment was entered, they would