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090517 Sp Called Council Mtg Mins Adopted 3 c NO rth ''''I''',. 'r i'n, Auguste \ ..,. South Carolina's Riverfront MINUTES OF SEPTEMBER 5, 2017 Lark W. Jones, Mayor James M. Adams, Jr., Councilmember J. Robert Brooks, Councilmember Pat C. Carpenter, Councilmember Fletcher L. Dickert, Councilmember Kenneth J McDowell, Councilmember David W. McGhee, Councilmember ORDER OF BUSINESS The Special Called meeting of September 5, 2017, having been duly publicized, was called to order by Mayor Jones at 6:00 p.m. in the Council Chambers on the third floor of the Municipal Center and adjourned at 6:21 p.m. Per Section 30-4-80(e) notice of the meetings by email was sent out to the current maintained "Agenda Mailout" list consisting of news media outlets and individuals or companies requesting notification. Notice of the meetings was also posted on the outside doors of the Municipal Center, the main bulletin board of the Municipal Center located on the first floor, and the City of North Augusta website. Members present were Mayor Jones and Councilmembers, Adams, Brooks, Carpenter, Dickert, McDowell, and McGhee. Also in attendance were B. Todd Glover, City Administrator; Kelly F. Zier, City Attorney; Cammie T. Hayes, Director of Finance; Richard L. Meyer, Director of Parks, Recreation, & Tourism; Amanda J. Sievers, Interim Director of Planning and Development; John C. Thomas, Director of Public Safety; Thomas C. Zeaser, Director of Engineering and Public Works; and Donna B. Young, City Clerk. ITEM 1. FINANCE: Resolution 2017-37 - A Resolution to Authorize the City to Enter into an Amendment to Base Lease Agreement and Installment Purchase and Use Agreement; and to take such Actions as are Necessary in Furtherance of the Subdivision of the Clubhouse On motion by Councilmember McDowell, second by Councilmember Brooks, Council unanimously passed a resolution authorizing the City to enter into an Amendment to the Base Lease Agreement and Installment Purchase and Use Agreement and to take such actions as are necessary in furtherance of the Subdivision of the Clubhouse. The resolution text is as follows: RESOLUTION NO. 2017-37 A RESOLUTION TO AUTHORIZE THE CITY TO ENTER INTO AN AMENDMENT TO BASE LEASE AGREEMENT AND INSTALLMENT PURCHASE AND USE AGREEMENT; AND TO TAKE SUCH ACTIONS AS ARE NECESSARY IN FURTHERANCE OF THE SUBDIVISION OF THE CLUBHOUSE WHEREAS, the City of North Augusta, South Carolina (the "City") is participating in the development of the public-private development known as Project Jackson; and WHEREAS, to finance certain public improvements contained within Project Jackson, the North Augusta Public Facilities Corporation (the "Corporation") issued its $69,450,000 original principal amount Installment Purchase Revenue Bonds (City of North Augusta Project), Taxable Series 2017B (the "Bonds") on May 16, 2017; and WHEREAS, the Bonds were issued under the provisions of a Trust Agreement dated May 16, 2017 (the "Trust Agreement"), by and between the Corporation and U.S. Bank National Association, as Trustee (the "Trustee"), and the City and the Corporation entered into an Installment Purchase and Use Agreement dated May 16, 2017 (the "Purchase and Use Agreement") and a Base Lease Agreement dated May 16, 2017 (the "Base Lease"); and WHEREAS, the Purchase and Use Agreement and Base Lease provide for the installment purchase by the City of certain improvements and the use of such improvements during the term of the Bonds; and WHEREAS, the provisions of Section 5.3(c) of the Trust Agreement require that prior to the Trustee releasing certain proceeds of the Bonds to provide funds with which to design, construct, furnish, or equip the Clubhouse (as defined in the Trust Agreement), certain conditions have to be met, including (i) the Base Lease and the Purchase and Use Agreement shall have each been amended to include a legal description of the Clubhouse reflecting the legal subdivision of the Clubhouse from other facilities located on the site of the Clubhouse, such amendments shall have been recorded and copies of both showing the date of recording shall have been provided to the Trustee, (ii) the Trustee shall have received an ALTA Title Insurance policy, endorsement to an existing ALTA Title Insurance policy, or an opinion of counsel indicating that the Clubhouse is free and clear of any mortgage liens, and reflecting all matters of record impacting the use and ownership of the Clubhouse, which matters conform with the requirements of the Master Development Agreement (as defined in the Trust Agreement) and do not materially interfere with the development and use of the Clubhouse as contemplated thereby, as certified to the Trustee by the City Representative (as defined in the Trust Agreement), and (iii) the Trustee shall have received a legal opinion to the effect that the Clubhouse has been lawfully subdivided in accordance with the requirements of the Master Development Agreement (collectively, the "Conditions"); and WHEREAS, in order to satisfy the Conditions, the City now has before it a draft of an Amendment to Base Lease Agreement and Installment Purchase and Use Agreement between the City and the Corporation (the "Amendment"); and WHEREAS, the City Council finds that entering into the Amendment and affecting the subdivision and acquisition of the Clubhouse is a necessary and desirable step, contemplated by the documents entered into with respect to the issuance of the Bonds, in order to continue the development of Project Jackson. NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of North Augusta, in meeting duly assembled and by the authority thereof, that: 1. The City approves the Amendment presented before this meeting. 2. The Mayor of the City, the City Clerk of the City and the City Administrator (the "City Authorized Representatives") are authorized to execute the Amendment on behalf of the City. 3. The City Authorized Representatives are authorized to approve and execute such further documents, agreements, certificates or documentation that are in keeping with the purposes of the Amendment and which further the acquisition and subdivision of the Clubhouse, including, but not limited to, approving the Master Deed for Greenstone Condominium Horizontal Property Regime, which creates the condominium unit that comprises the Clubhouse, and approval of the deed in favor of the City to said condominium unit. DONE, RATIFIED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA, ON THIS THE 5TH DAY OF SEPTEMBER, 2017. ITEM 2. PLANNING: Ordinance No. 2017-10 - An Ordinance Establishing the Department of Planning and Development,Third and Final Reading On motion by Councilmember Carpenter, second by Councilmember Dickert, Council unanimously adopted an ordinance on third and final reading establishing the Department of Planning and Development. Please see the minutes of August 21, 2017 for the ordinance text. ITEM 3. PARKS,RECREATION,AND TOURISM: Resolution 2017-38 - A Resolution Committing the City of North Augusta to Provide a Local Match for a Municipal Association of South Carolina Hometown Economic Development Grant On motion by Mayor Pettit, second by Councilmember Brooks, Council unanimously passed a resolution committing the City of North Augusta to provide a local match for a Municipal Association of South Carolina Hometown Economic Development grant. The resolution text is as follows: RESOLUTION NO. 2017-38 A RESOLUTION COMMITTING THE CITY OF NORTH AUGUSTA TO PROVIDE A LOCAL MATCH FOR A MUNICIPAL ASSOCIATION OF SOUTH CAROLINA HOMETOWN ECONOMIC DEVELOPMENT GRANT WHEREAS, the City is aware of a grant program through the South Carolina Municipal Association that could provide funds to be utilized for the Parks, Recreation and Tourism Department Master Plan; and, WHEREAS, the grant program requires a minimum match for funding by the grant recipient in the amount of 15%. Such match must be in the form of cash; and, WHEREAS, the Director of Parks, Recreation and Tourism has recommended that the City apply for a $25,000.00 grant, which is the maximum grant available; and, WHEREAS, after considering the matter, the Mayor and City Council have determined that such request is appropriate and it would be in the best interest of the City that the City apply for said grant. NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of North Augusta, South Carolina in meeting duly assembled and by the authority thereof, that the following is authorized: 1. The Parks, Recreation and Tourism Department is authorized to apply for a $25,000.00 South Carolina Hometown Economic Development Grant to be used by the City for funding for the preparation of a new Parks, Recreation and Tourism Department Master Plan. 2. The City Administrator is authorized to execute any documents necessary to apply for said grant. 3. The City commits to a local cash match of at least $3,750.00 in the event that the City is awarded the grant. 4. The funding for the $3,750.00 cash match will come from the Parks, Recreation and Tourism Department budget. DONE, RATIFIED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA, ON THIS THE 5TH DAY OF SEPTEMBER,2017. There being no further business, the meeting adjourned at 6:21 p.m. APOV D HI l6' DAY OF Respectfully submitted, , 2017. Q • 21).Plird- J/ Donna B. Young Robert A. Pettit, ayor City Clerk