Council considers bond note for farm purchase


Agenda includes elected official salary increase, ODOT projects, and zoning hearing

Melanie Yingst - [email protected]



TROY — City council will consider the $1.5 million bond anticipation note to purchase the Huelskamp farm on 2290 N. Troy-Sidney Road at council’ regular meeting at 7 p.m. Monday at City Hall.

The farm land is adjacent to the Paul G. Duke Park. City staff has estimated $1.1 million of the purchase price will be offset by grants and sales of excess land.

The ordinance (O-25-2015) is considered an emergency and will have its first reading.

Last week, city staff deemed the property’s homestead unsuitable for park operations to be relocated to the home or barns. The city plans to sell the home, barns with approximately 2.5 acres in the future.

PUBLIC HEARING

Council will also have a public hearing regarding the revenue bond project for the StoryPoint retirement facility located at Towne Park Drive.

According to the council information, IRS regulations require the city to hold a public hearing and to approve a contract related to the bonds issued by the Port Authority for the project. The bonds are not issued by the City, and the City has no responsibility for the financial viability of the project.

The Port Authority will own the land and the building, and lease it to StoryPoint. Because the project will be located in the City of Troy, and not within the immediate jurisdiction of the Port Authority, the IRS Regulations require that the local authority (the City of Troy) must approve a contract related to the issuance of the bonds by the Port Authority for the project. Under the IRS Regulations, the city of Troy specifically has no connection with the issuance of the bonds and has no responsibility for the financial viability of the project. The city is, however, required to hold a public hearing with respect to the issuance by the Dayton-Montgomery County Port Authority of its Port Authority Project Revenue Bonds (Storypoint Troy Project).

RESOLUTIONS

R-42-2015 ODOT preliminary consent to resurface North Market Street from Staunton Road to Water Street in 2016.

According to council information, the Ohio Department of Transportation’s projects for 2016 will include the North Market Street resurfacing from Water Street to Staunton Road, which includes the North Market Street Bridge. The cost of this project is estimated at $53,500. The project requires 20 percent of local funding, which would be $10,700 based on the current estimate. The work would take place in the summer of 2016, and would not start until after the Strawberry Festival. If the project is not completed prior to the start of school in 2016, the project will be coordinated with the Troy Schools.

The resolution is designated as an emergency.

R-43-2015 LPA agreement with ODOT for recreation trail project in 2020.

Council will consider an agreement with the Ohio Department of Transportation (ODOT) to designate the city as the Local Public Agency (LPA), or the entity in charge of administering the Troy Recreational Trail project in State FY 2020.

According to council information, three areas of recreational trail have been identified for resurfacing under this project. ODOT will fund 80 percent of the eligible costs, up to a maximum of $249,040. The following areas are to be included in this project: Miami Shores Golf Course to the Market Street Bridge, intersection of Surrey Road with Trade Square, north to Lytle Road and Adams Street Bridge to North Ridge Avenue. The current project estimate is $311,300.

ORDINANCES

Council will consider to increase salaries of elected officials, which will be effective beginning at the next term.

According to the committee notice and packet, the salaries for the elected positions of council and president of council were last adjusted effective Jan. 1, 2007. The salaries for the elected positions of mayor, auditor and director of law were last adjusted effective 2011. The salary for the elected position of treasurer was last adjusted effective 2009.

According to President of Council Marty Baker, the raises are 2.5 percent in 2016, 2.25 percent in 2017, 2.25 percent in 2018, 2.25 percent in 2019 – those are the exact raises that were given to all employees in 2012, 2013, 2014, and 2015.

“City staff and administration receive salary increases on an annual basis. Some of these are determined through contract negotiations, step increases, contracts, cost of living, etc. depending on the position and approved by council,” Baker said.

The current salaries are as follows:

Mayor — $21,519; auditor — $55,34; director of law — $55,341; president of council — $8,195.45; members of council — $7,649.09; and treasurer — $ 4,917.27

The mayor’s salary would increase from its current $21,519 salary up to $23,580 in 2019: auditor from its current $55,341 salary up to $60,640 in 2019; law director for its current $55,341 salary up to $60,640 in 2019; President of Council from its current $8,195 salary up to $8,980 in 2019; Council member’s current $7,649 salary up to $8,382 in 2019; and city treasurer’s current $4,917 salary up to $5,375 in 2019.

The ordinance will have its first reading.

Council will have its first reading of O-28-2015 to rezone 614 S. Crawford Street from M-2 Light Industrial District to Office Commercial-1. The applicant, Mike Lyons, is interested in purchasing the property and renovate the building to open a fitness center. The public hearing for the ordinance has been set for Sept. 8.

For more information visit www.troyohio.gov.

Agenda includes elected official salary increase, ODOT projects, and zoning hearing

Melanie Yingst

[email protected]

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