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72 <br /> <br /> <br /> City Attorney Haynes asked Mr. Vest if they participated in <br /> financing for 10% to 50% of the building and Mr. Vest said that <br /> was correct. Mr. Vest said it was his understanding they had <br /> not actually done this, but they had offered this to their <br /> communities in their service territory which is a new program <br /> and this was a loan to be repaid. He said most of the people <br /> he talked with had success with spec building programs. <br /> Chairman Cecil asked Mr. Vest whether based on experience and <br /> the information developed anyone regretted this type program. <br /> Mr. Vest said he did not find anyone that regretted this type <br /> program. <br /> <br /> Chairman Cecil called for questions regarding the study and <br /> whether it was appropriate for the Board to move forward at <br /> this time, or whether additional information was needed. <br /> Boardmember Fendley stated he felt it was important to listen <br /> to the allies and the board should investigate the cost, but <br /> felt the program should be pursued. Boardmembers Amis, <br /> Williams, and Bray agreed with Boarmember Fendley that the <br /> Board should move forward with this project. Ex-officio <br /> Boardmember Vaughan advised that Mr. Vest had briefed the <br /> Executive Committee of the Chamber and they were fully <br /> supportive of the concept. Mr. Vest said he had presented this <br /> project to the Industrial Managers Group and they were <br /> supportive of the idea. <br /> <br /> Chairman Cecil stated he felt everyone was in agreement with <br /> the idea and in anticipation of reaching that conclusion he <br /> asked Mr. Haynes to be prepared to discuss the board's charge <br /> from the City Council as it relates to projects that the City <br /> can undertake. City Attorney Haynes read that portion of the <br /> bylaws. Boardmember Bray stated most major building <br /> corporations are willing to design foundations, structural and <br /> building design asking only for the opportunity to sell the <br /> building,and no expenditure is required. <br /> <br />City Manager Malone advised that an analysis of all the <br />existing properties available and location of utilities needs <br />to be made. He said someone is going to have to contact the <br />companies selling the buildings and analyze information in <br />terms of engineering design, location on lot, lot cleaning and <br />maintenance and as well as sign building. <br /> <br />Chairman Cecil asked Mr. Haynes if he interpreted this to mean <br />that in the event that the City makes the service available <br />that this Board is required to avail itself. Mr. Haynes said <br />that was correct. City Attorney Haynes advised the reason this <br />section was put in the bylaws by the City Council at the time <br />this was done is that all services can be provided cheaper <br />through the City than any other method. After discussion, <br />Chairman Cecil stated he felt the Board was talking about a <br />60,000 foot building that's twice as long as it is wide with at <br />least a 28 foot clearance. City Manager Malone stated he saw <br />this as a collaborative effort with Mr. Vest, the City <br />Engineer, the City Staff and the Board drawing the information <br />together and bringing it before the Board. Mr. Vest stated he <br />would like to get with the City Engineer and develop the <br />specifications for the building and then evaluate the sites. <br /> <br />Chairman Cecil stated he was going to appoint a committee to <br />evaluate the sites and report to the Board. Mr. Vest said he <br />felt Boardmember Bray was correct and that the City Engineer <br />could develop the specifications and then you contact the <br />manufacturers who perform the mechanical and structural design, <br />etc., and report to the Board at a later date with the <br />recommendations. <br /> <br /> <br />