08-02-1982 CCAAGENDA
SPECIAL MEETING - HUTCHINSON CITY COUNCIL
MONDAY, AUGUST 2, 1982
1. Call Meeting to Order - 7:00 A.M.
2. Consideration of Sale and Development Agreement between City of Hutchinson
and Hutchinson S&L Rehab, Limited Partnership
3. Consideration of Property Option with Park Square Co.
4. Consideration of Award of Bid for $135,000 Tax Increment Financing
(G.O. Tax Increment Bonds of 1982)
5. Consideration of Pledge Agreement for S&L Project
6. Consideration of Construction Loan Agreement for S&L Project
7. Consideration of Combination Mortgage and Security Agreement and Fixture
Financing Statement for S&L Project
8. Consideration of Loan Agreement for S&L Project
9. Consideration of Assignment of Rents and Leases for S&L Project
10. Consideration of Form of Resolution
11. Consideration of Negotiation Approach of Obtaining Prices within the Options
for the Parking Program (Requested by Aldermen John Mlinar and Ted Beatty)
12. Consideration of Establishing August 15, 1982 As Time Limit to Obtain Necessary
Parking Options (Requested by Aldermen John Mlinar and Ted Beatty)
13. Consideration of Obtaining A Legal Opinion On How to Pre -Pay the Outstanding
1968/1970 Parking Bonds from the 1981 Parking Fund (Requested by Mlinar & Beatty)
14. Consideration of Authorizing Staff to Contact the County for Time Extension
to Certify the Parking Program Assessments (Requested by Aldermen Mlinar and
Beatty)
15. Consideration of Obtaining A Legal Opinion On How to Use the 1981 Parking Fund
to Make Improvements on City Right -of -Way (Example: Dick Smith Proposal)
(Requested by Aldermen Mlinar and Beatty)
16. Consideration of Recommendation of Old Armory Committee for the City to Retain
An Architect to Investigate Cost and Provide Data on Alternate Costs of Remodel-
ing 0ld Armory for A Variety of Uses (Requested by Aldermen Mlinar and Beatty)
17. Adjournment
NOTE: BRING NECESSARY DOCUMENTS CONTAINED IN JULY 27, 1982 CITY COUNCIL PACKET