1997 - Laserfiche WebLink

Home Browse Search

• City Council Meeting March 10, 1997 to their attorney were we notified that the partnership had taken out a $60,000.00 loan from First Federal Savings and Loan in the interim. Mr. Jones pointed out that the City's $40,000.00 represents a complete different set of risks at a second lien position on a piece of property that has a $60,000.00 lien layered on it. There is a July 1995 appraisal that shows the property turning $5,000.00; however, these gentlemen purchased the property at $40,000.00, it is on the tax record at $80,000.00. Mr. Jones recommended to the City Council was to hold off on processing this note because the City's lien position may change, and in an effort to work with the owners to try to get collateralization that would secure the repayment of this loan, he asked for information regarding additional properties, which he requested in October, and they were sent in him, but there was no properties owned jointly clear of debt by the owners of the apartments which would change the City's position. Mr. Jones said what he would like to see is a return to the agreement of which drove this contract, and that the first lien on that particular property. Mayor Clifford declared the public hearing open on the use of Federal Law Enforcement Block Grant Funds in the amount of $109,506.00. Lt. Bob Hundley with the Paris Police Department came forward explaining that this purchase is for software and some computer equipment which is called a CAD System. What this software and equipment will do, will enhance the timely dispatch of emergency units, fire, police and EMS. The record management system of this software that we are trying to get is what we call a single keystroke answering data. At this time the dispatchers have to handwrite a large portion, and then it has to be re- entered into the computer. Mr. Hundley said by going to this type system the information will be entered directly into the computer. No one else appeared, and the public hearing was declared closed. City Manager Malone called for consideration of and action on establishing a procedure where the City of Paris finance extensions of water and sewer utilities to areas that developed without providing such to the City of Paris specifications. A motion was made by Councilman Boyd, seconded by Mayor Pro Tem. Fulbright authorizing preparation of an ordinance establishing a procedure where the City of Paris finance extensions of water and sewer utilities to areas that developed without providing such to the City of Paris specifications. The motion carried 5 ayes, 0 nays. City Manager Malone called for consideration of and action on authorizing preparation of an ordinance regulating animal drawn carriages. City Manager Malone advised that there has been an inquiry from a person desiring to provide an animal drawn carriage service within the City of Paris and that request has prompted this request for authorization.