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• <br />MINUTES OF THE <br />ORONO CITY COUNCIL MEETING <br />May 29, 2001 <br />ROLL <br />The City Council met on the above - mentioned date with the following members present: <br />Mayor Barbara Peterson, Council Members Jim White, Jay Nygard, Richard Flint, and <br />Bob Sansevere. Representing Staff were City Administrator Ron Moorse, Planning Director <br />Michael Gaffron, Zoning Administrator Paul Weinberger, City Engineer Tom Kellogg, City <br />Attorney Tom Barrett, Public Services Director Greg Gappa, and Recorder Jackie Young. <br />Mayor Peterson called the meeting to order at 7:03 p.m. <br />CONSENT AGENDA <br />( #1) Approve /Amend <br />Items 6, 8, 12, 13, 15, and 17 were added to the Consent Agenda. <br />Items 3 and 4 were removed from the Consent Agenda. <br />Flint moved, Nygard seconded, to approve the Consent Agenda as amended. <br />VOTE: Ayes 5, Nays 0. <br />• PUBLIC HEARING — 7:00 p.m. <br />( #2) Use of Funds from Community Investment Fund <br />Moorse stated the City Council had authorized Staff to purchase the property at 3770 Shoreline <br />Drive at a cost of $235,000, plus the cost of an environmental review and the cost of demolishing <br />and disposing of the existing house on the property. Moorse indicated the Park Fund at this time <br />does not have a sufficient balance to fund 50% of the cost of the current parcel, and at this time is <br />recommending to fund the purchase 50 percent from the General Fund and 50% from the <br />Community Investment Fund. Moorse stated the Community Investment Fund was established to <br />be used basically as an endowment fund. <br />Staff is recommending that $120,000 from the Community Investment Fund be used as partial <br />funding for the purchase of the property located at 3770 Shoreline Drive and that the Community <br />Investment Fund be reimbursed over the next one to three years. <br />There were no public comments regarding this item. <br />Mayor Peterson closed the public hearing at 7:09 p.m. <br />Sansevere inquired what the tax impact would be to the taxpayers on an annual basis. Sansevere <br />commented he does not want the purchase of this property to be a tax burden to the citizens of <br />Orono. <br />• Moorse stated in his view the tax impact would be very minimal. <br />PAGE 1 <br />