Tuesday’s Gainesville City Council regular meeting may include approval of a $1.5 million loan borrowed by the Gainesville Economic Development Corporation (GEDC) for improvements to an oft-discussed industrial park currently in development.
If transacted, the loan will pay for infrastructure improvements to the 142-acre park — including but not limited to roadways, water, sewer, wastewater and other necessary improvements, as well as professional fees and engineering services associated with this project.
Also on Tuesday’s agenda:
• Council will consider a first reading of a resolution approving actions of the GEDC, which approved a reduced payoff amount for a certain promissory note between GEDC and RAF Industries (DBA Lazart, or its successors and assigns), which was restructured and dated Nov. 9, 2009. The resolution would also conditionally forgive the remaining principal and interest due on the note. (By state law, council takes no action on this first reading.)
• Council will conduct a public hearing on the city’s proposed budget for fiscal year 2013-14.
• Mayor Jim Goldsworthy will read a proclamation declaring September “Blood Cancer Awareness Month.”
• Council will consider a resolution approving or denying the proposed 2013-14 budget from the Cooke County Appraisal District.
• Council will consider the first reading of a resolution approving actions of the GEDC — which recently voted to approve a sales tax rebate agreement with Valew, Inc. (By state law, council takes no action on this first reading.)
• Council will consider the first reading of an ordinance amending the city’s ordinance code regarding animal control. The ordinance would add a maintenance/operation fee.
• Council will consider a resolution designating the city controller as the authorized officer of the city regarding access to Fairview Cemetery trust accounts at Bank of America.