June 26, 1967 - Laserfiche WebLink

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Special Session 869, Minutes June 26, 1967 Page 6 skating rink proposal has been discussed by the Council on numerous occasions. City Manager Henry said this group of items is discussed in some detail in the report which was sent to the Council, which is really in a sense part of the Budget document - that is, in preparation of the Budget docu- ment the Manager is to report and list all Capital Outlay projects to be considered for the period through the next succeeding five fiscal years - in other words, draw up a five year Capital Outlay program and all of this has been done - included in the material sent to the Council. He said the financing of a great number of these things has been discussed and actually in some instances the financing has already been taken care of - for ex- ample, the new library, street work, certain urban renewal activities, etc., all as a result of previous bond issues and also contemplating using certain current funds and also contemplating using certain federal aids. The City Manager said this matter is being brought to the Council to dis- cuss whether there should be a Bond Issue, how much, and about what date. He pointed out the need for action because there are deadlines on some of the funds that are available. Mayor Kaufman asked how many cents it would take (on the tax rate) to pro- mote this Bond Issue of $700,000 and the City Manager said it would be in the vicinity of 5¢. Councilman Bamburg said he favors the park land acquisition and thinks the City ought to move ahead on this and he asked whether the land can be ac- quired in any way other than through a Bond Issue. The City Manager ex- plained, pointing out the City would be forced into a borrowing situation to meet current revenues that much further. Mayor Kaufman stated that the City feels it is imperative to move along on the matter of the Park ~intenance Building and the Fire Trucks - this was discussed at the last executive session and also discussed the need for the City to take some positive steps in promoting the community and one positive step would be the development of an Ice Skating Rink in Heman Park. Councilman Epstein suggested to the City Manager that he look further into the possibility of federal funds for the other items (other than the Park Land Acquisition). Discussion continued and questions propounded by members of the Council were answered by the City Manager. Councilman Lieberman raised the question of the 1,Iercita Hall parcel, and he reviewed the background and said he would like some assurance from the City I~nager that the Archdiocese will agree to let this property go. The City Manager said he discussed the matter with one of the ~epresentatives, following which he received a letter which he believes could be taken as a kind of assent on their part and enclosed was a statement to the effect "that this is to certify it is the intention of University City to take only approximately the southern half and not to disturb the buildings and school on the north half" and the City Manager said he signed the state- ment and returned it and has heard nothing further. He said he gathers