02/03/1987 Meeting Minutes - Laserfiche WebLink

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Council Minutes o~ 2/3/87 -3- In response to Mr. Logan's question, Mr. Gareau said that he had the impression that the Nightfall owners were told that they did not have to go before the Planning Commission. Did not want to go into details since there is pending litigation. They must meet city requirements; they will either comply or the city will close them down. There is a problem with respect to interpreting the code and coming to the Law Department if there is a problem with interpretation. Is working with the Mayor to resolve this problem right now. Finance Director Boyle reported: 1) With respect to the Mayor's comments regarding Fogg, they came to the CIC about two years ago about increasing their building size. CIC had approved the interest would be non-taxable. Because of the market, they did not want to sell at that point. Laws have changed considerably on that type of bond; there is a "sunset" so that a company cannot hold that until the market is real good. The market did not change; they ended up doing it on their own. City ex- tended it last year about this time to give them that opportunity because it was worthwhile. They could find conventional financing, mare to their liking, and did take that. The "sunset" came about towards the end of 1986 and city could not ex- tend any more. That is not a loss; the purpose for a CIC is to promote additional employment through development and this was accomplished. 2) In 1983/84 had reported on the Social Security Act which actually made city bonds and notes taxable to a certain extent; worse, it made it taxable to senior citizens. A case is now pending before the Supreme. Court, which, depending upon the outcome, could decrease the cost for all local government and have a good affect on the City of North Olmsted. 3) House Bill 721 allows firemen and policemen to buy back their service credits through payroll deductions. The Pension Boards of fire and police have been dragging their feet a little bit, intentionally, because there are approximately 500 communi- ties this applies to and they are trying to get their paperwork in order. The City of North Olmsted will be offering this to our Police and Fire Departments within the next month or so. 4) Received a bill from Rocky River Court; city costs for the last year were $22,359.57, which is 34.67 of the court's $64,000+ cost. The 34.6 represents not only the city's share but also it's share of cases before that court. 5) Workmens' Compensation Bureau has informed the city that its cost will be $2.81 per hundred dollars of payroll. This is an increase from $1.74 per hundred dollars last year. In the last few years, city has been below the $2.00 mark; it is now just about a.t the $3.00 mark. 6) Reported on the W2 forms at the last meeting; Secretary of the Treasury does not like the form either but the Internal Revenue Service overruled him last week and is going to stick with it. Will be sending a staff member to a meeting next week to learn more about the new W4. These forms are availabe at the Finance Office and will be included in the next payroll or two. If you do not rely on this as your sole source of income, you are subject to filing it by October. There is a toll-free number to call if you have any questions to ask. If you can't get through, call Finance Department and an effort will be made to assist you. Mr. Logan, Chairman Intra-Governmental Relations and Legislative Committee reported: 1) Moved council approve the following mayoral appointments: Pat Strange - Human Resources Advisory Board; Marie Case - reappointment to the Architectural Review Board; David Spoerke - Board of Building Code of Appeals; Brian Zergott - Archi- tectural Review Board, second by Mr. Rademaker, unanimously approved. °'" ,~ ~ '