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<br />Comm <br />1/19/77 <br />pub hrg <br /> <br />Comm <br />1/19/77 <br />approve <br /> <br />V. Blain Alley Vacation (AV 76-6) located west of High Street, north <br />of East 2nd Avenue <br />Report distributed to Council. <br /> <br />e <br /> <br />Mr. Haws moved, seconded by Mr. Hamel, to schedule a <br />public hearing for February 28, 1977. <br /> <br />Mr. Bradley questioned the reason for the vacation, to which Mr. Porter <br />replied that it was a cross alley on some property being developed for <br />multiple-family living, and had been determined to be of no use as an <br />alley. <br /> <br />Vote was taken on the motion, which carried unanimously. <br /> <br />VI. EWEB Requests for City to authorize granting of easement and dedication <br />A. Deeding perpetual easement to Everett L. and E. M. Crocker easement <br />for entrance to Lot 10, Block 1, an area in EWEB--right-of-way located <br />in Ken Everett Subdivision. <br /> <br />B. Deeding to the City of Springfield for public street and roadway an <br />area in EWEB--right-of-way located where 15th Street intersects same <br />north of Lawnright. <br /> <br />Map, property description, and resolution have been distributed to Council. <br /> <br />Mr. Haws moved, seconded by Mr. Hamel, to authorize granting <br />of easement and dedication. Motion carried unanimously. <br /> <br />e <br /> <br />VII. Amendment to Downtown Development District Ordinance relating to taxing <br />financial institutions <br />Ordinance distributed to Council. Manager indicated this ordinance <br />change would enable the City to tax institutions which had been <br />previously exempt. <br /> <br />Mr. Navarre Davis of the Downtown Development Board explained that the <br />institutions in question were no longer sheltered by the law, and it <br />was felt fair that they share in the cost of downtown parking. He <br />indicated the Committee had met with representatives of the lending <br />institutions, and had cooperation in drafting the ordinance. <br /> <br />Mr. Williams questioned: 1) Why there was a difference in the percent- <br />age of taxes to be levied between commercial banks and the savings and <br />loan institutions; 2) how the determination was made; that is, how much to <br />charge vis-a-vis what a professsional organization pays; and 3) if commer- <br />cial banks have their own parking, are credits granted for that parking? <br /> <br />Mr. Flogstad, finance director, responded that the formula had been <br />derived based on the volume of foot and auto traffic of each business. <br />As to the difference between commercial banks and savings and loans, he <br />indicated they handl e two types of merchandi se and rates were adjusted <br />to consider the difference between the volume of floor traffic. Re: <br />parking credits, he indicated other businesses providing parking for <br /> <br />. <br /> <br />~d.. <br /> <br />1/24/77 - 26 <br />