Meeting Information
6:35 p.m.
CONSENT AGENDA
(1) (a) Consider approval of Commission Orders;
(b) Consider approval of easement granting City of Lawrence permission to place waterline across County shop property (Keith Browning);
REGULAR AGENDA
(2) Consider adopting a Resolution authorizing Douglas County, Kansas to issue its Taxable Industrial Revenue Bonds, Series 2012 (Berry Plastics Project) in the aggregate principal amount of not to exceed $21,000,000 for the purposes of acquiring, constructing and equipping a manufacturing and warehouse facility; authorizing execution of a Trust Indenture by and between the County and The Bank of New York Mellon Trust Company, N.A., St. Louis, Missouri, as trustee; authorizing the County to lease such facility to AGNL Plastics, L.L.C.; authorizing the execution of a Bond Purchase Agreement with AGNL Plastics, L.L.C., as purchaser of the bonds; and authorizing certain other documents and actions in connection therewith. (Craig Weinaug)
(3) Consider adoption of joint resolution of the Board of County Commissioners of Douglas County, Kansas and the City of Lawrence creating a joint Economic Development Council (Craig Weinaug)
(4) Consider the following issue regarding the 9th and New Hampshire Tax Increment Financing District: Consider adoption of a resolution dedicating the county share of the new incremental county-wide sales tax generated within the district to the project to reimburse certain eligible project costs. (Diane Stoddard)
(5) Other Business
(a) Consider approval of Accounts Payable (if necessary)
(b) Appointments
(c) Public Comment
(d) Miscellaneous
(6) Adjourn
Gaughan called the regular meeting to order at 6:35 p.m. on Wednesday,
August 22, 2012 with all Commissioners present.
CONSENT AGENDA 08-22-12
Gaughan moved approval of the following Consent Agenda item:
► Waterline Utility Easement granting the City of Lawrence permission to place a waterline across the County Shop property.
Motion was seconded by Flory and carried 2-0.
BONDS 08-22-12
Flory moved to adopt Resolution 12-32 authorizing Douglas County, Kansas to issue its Taxable Industrial Revenue Bonds, Series 2012 , for the Berry Plastics Project, in the aggregate principal amount not to exceed $21,000,000 for the purposes of acquiring, constructing and equipping a manufacturing and warehouse facility; authorizing the execution of a Trust Indenture by and between the County and The Bank of New York Mellon Trust Company, N.A., St. Louis, Missouri, as trustee; authorizing the County to lease such facility to AGNL Plastics, L.L.C.; authorizing the execution of a Bond Purchase Agreement with AGNL Plastics, L.L.C., as purchaser of the bonds; and authorizing certain other documents and actions in connection therewith. Motion was seconded by Thellman and carried 3-0.
ECONOMIC DEVELOPMENT 08-22-12
Thellman moved to approve Joint Ordinance No. 8719 of the City of Lawrence, Kansas, and Resolution 12-34 of the Board of County Commissioners of Douglas County, Kansas, amending Chapter 1, Article 20 of the Code of the City of Lawrence, Kansas, 2011 Edition, and amendments thereto, pertaining to the Joint Economic Development Council for the City of Lawrence, Kansas, and Douglas County, Kansas, and repealing the existing article and sections. Motion was seconded by Gaughan and carried 3-0.
CITY OF LAWRENCE/FINANCING DISTRICT 08-22-12
Diane Stoddard, Assistant City Manager, made a presentation to the Board on the City's establishment of a Tax Increment Financing (TIF) District for the South Project Area Redevelopment at the southeast corners of Ninth and New Hampshire. The TIF plans propose a mixed-use hotel project on the southeast corner and a mixed-use apartment building on the north. The developer has requested the incremental revenue be captured from the development include ad valorem taxes, and City and County sales taxes. The issue before the County Commission is consideration of a resolution that would commit the new incremental County share of the county-wide sales tax. The mixed-use hotel project is the only project anticipated to generate sale tax. According to state statute, the County is not required to take action regarding the creation of the TIF District, only if the County wishes to commit the incremental new County share of the county-wide sales tax.
There was discussion on the fact no sales tax is being generated on the vacant lot at present. Guest tax will not be captured. Generally, guest taxes, as anticipated from the proposed hotel, help fund many joint City/County projects including Freedom Frontier and the Visitor's Bureau.
It was the consensus of the Board the County won't see a tax base benefit for 20 years; however, committing the county-wide sales tax will benefit downtown Lawrence and help keep it vital.
Gaughan opened the item for public comment. No comment was received.
Flory moved to adopt Resolution 12-33 authorizing Douglas County, Kansas to pledge the County's local sales and use tax to the City of Lawrence Tax Increment Financing District at Ninth and New Hampshire; and authorized certain other documents and actions in connection therewith. Motion was seconded by Thellman and carried 3-0.
ACCOUNTS PAYABLE 08-22-12
Gaughan moved to approve accounts payable in the amount of $540,224.04 to be paid on 08/23/12; and wire transfers in the amounts of $100,000.00 paid on 08/15/12, and $17,122.06 paid on 08/08/12. Motion was seconded by Thellman and carried 3-0.
Gaughan moved to adjourn the meeting; Thellman seconded and the motion carried 3-0.
____________________________ ____________________________
Mike Gaughan, Chair Nancy Thellman, Vice-Chair
ATTEST:
____________________________ _____________________________
Jamie Shew, County Clerk Jim Flory, Member
Time and Date