08/03/2010 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 08-03-2010 w~ • The Board of Zoning Appeals June 3 decision upholding the Building Commissioner's finding that Surf Shop was operating outside of the approved occupancy permit by changing from a business use to an assembly use and failed to obtain building permits has been appealed formally through the Court of Common Pleas. • The Law Dept. and Building Dept. will appear before the Ohio Board of Building Appeals this Thursday on an appeal from Surf Shop regarding the Building Commissioner's determination that Surf Shop performed work within the building without permits. This is an appeal taken by Surf Shop. • The Law Dept. and Building Dept. appeared before the Ohio Board of Building Appeals in Ashland concerning the decision by the Building Commissioner regarding restroom facilities at the proposed First Merit Bank. First Merit sought a deviation from the Code; an accommodation was worked out between the City and the applicant. • He traveled to Chicago with the Mayor and Finance Director concerning the City's Bond rating. The Mayor and Finance Director did an outstanding job presenting the City's financial condition. He presented several items including the foreclosure crisis in North Olmsted. Gareau addressed the audience and explained the importance of addressing property maintenance problems and property tax delinquency. • The Law Dept. and Building Dept. -with consent - entered an abandoned home at 5430 Sunset Oval on July 14, 2010. The house was a nuisance and targeted as a result of the previously mentioned property maintenance initiative. Upon entry, it was discovered there was mold, dead animals, flies etc. This is a nuisance which possibly could be abated by demolition. • He reviewed commercial tax delinquent properties in North Olmsted. Catholic Charities, Town Center and the former Alexander's are among the most delinquent in taxes. Director of Finance Copfer: • The rating agency presentation at Moody's did go well. They were impressed with the proactive leadership as a city to hold off the significant revenue declines by making tough decisions and they appreciated the employees partnering with that. The official statement was completed and circulated with potential buyers, and the Bonds sold on July 21, 2010. For a little over $4 million, they had five commercial buyers and two retail buyers which is a lot of activity and interest in a small issue. They ended up with 2.76 all in total interest cost. Total debt service will go down approximately $100,000 when you look at interest and principal from the original projections. • The June 2010 monthly reports were sent out today, but the written six month review is not complete yet. There will be a committee meeting to review the six month financials. • The appropriations Ordinance on the agenda this evening has not been changed for the restructuring of the Administration. This is a budget, and the same 4