SPCA DOG PARK DEDICATION: The SPCA will hold the dedication of their new dog park on Saturday, December 12, 2009 at 10:00 a.m. The dog park is located at 199 Willow Run Road, and behind our Willow Run Industrial Center. Parking will be along the entrance driveway and in the field off Willow Run Road. This event has been cancelled until further notice due to rain. The Dog Park will open as soon as the fence is installed. Call the SPCA at 648-6863 for status updates.
ECONOMIC RECOVERY: Forbes Magazine has listed the Aiken-Augusta region in the top 50 cities nationwide experiencing the fastest recovery from our national economic slowdown and recession. Our city ranked ahead of Charlotte-Gastonia; Greenville-Mauldin-Easley; Charleston-North; and Charleston-Summerville.
SANDLAPPER MAGAZINE ARTICLE: The Winter issue of Sandlapper magazine features Aiken’s Spring Concert series in cooperation with the Juilliard School of Music. A copy of this article is attached for you to enjoy. We have also included the announcement for Celebrate Aiken that was in the magazine as well.
CHRISTMAS LIGHTS USE LESS ENERGY THIS YEAR: On November 19, City of Aiken employees installed garland in downtown Aiken on 205 street lamp posts. For the first time, we purchased plastic LED bulbs for our garlands to replace the glass incandescent bulbs we previously used. These LED bulbs operate with only 0.45 watts. The old glass incandescent bulbs required 7 watts each to operate. With just under 7,000 bulbs on 205 posts, we are realizing energy savings of over 45 kilowatts each hour. LED bulbs use 90% less energy than incandescent bulbs. PRT employee Alan Cochran, who was on light duty, replaced all of the bulbs in these garlands. Staff time to convert these garlands was, therefore, kept to a minimum. The snowflake tree pyramid at the corner of Richland and Laurens uses an additional 2,200 bulbs which are also all LED. All of the old light bulbs have not been thrown away. They will be used on the pathways at Christmas in Hopelands as replacement bulbs. This year the pathways at Christmas in Hopelands will be roughly 25% LED bulbs. The remaining 75% will be replaced each year as budget funds allow. All of the displays for Christmas in Hopelands will utilize LED bulbs this season. We will continue to identify more sustainable and efficient practices throughout our city operations.
CELEBRATE AIKEN! 175TH: - the kick-off event for Celebrate Aiken! is set for Saturday, January 9, 2010 from 1 to 5 p.m. in the Newberry Festival Center. Activities include a taste of 1835 at Newberry Hall; exhibits of trades and crafts from back in the day at the City Hall Conference Center; sales of the Jim Harrison poster, the Taste of Aiken Cookbook, Aiken Illustrated: The Southworth Collection book and other items; entertainment; and other activities. This event is free and open to the public.
HORSE TROUGH DEDICATION: The dedication of the old horse watering trough, small animal water, and public water fountain is set for Saturday, January 23, 2010 at 11:00 a.m. at the serpentine wall of Banksia/Aiken County Historical Museum. This event is free and open to the public.
PRESENTATION BY THE AIKEN CORPORATION - Earlier this year Aiken Corporation contracted with the University of South Carolina-Aiken to conduct a study concerning the economic impact of Aiken Corporation and Aiken Downtown Development Association (ADDA). This fall the University completed the study and Aiken Corporation would like to present this to City Council. As Council is aware Aiken Corporation was established as a non-profit development corporation and as a public-private partnership for the City of Aiken. Its mission was to build a strong, stable economic base through the attraction of jobs, investment and diverse mix of business. They similarly work with ADDA to improve the economic vitality and beautification of our downtown area. At tonight's meeting they would like to present the findings of the study that was recently completed which discusses the economic impact of the Aiken Corporation and the Aiken Downtown Development Association on Aiken's economy. This will include their work with light industrial development, the downtown, housing, and quality of life Improvements.
After the presentation of the USCA study commissioned by The Aiken Corporation, the 2009 Aiken Corporation Audit prepared by Elliott Davis will be presented.
SELECTION OF MAYOR PRO TEM - Every two years City Council selects a Mayor Pro Tem to fill in when Mayor Cavanaugh is unavailable to serve his duties. Currently City Council's policy has been to rotate this position with a Councilmember who has the longest tenure with City Council and has not previously served as the Mayor Pro Tem. Currently this position is vacant since Councilwoman Vaughters had been serving in this position. Based on seniority Councilmember Wells would be the next Councilmember to fill this position. For City Council consideration, this is approval of Councilmember Wells to serve as Mayor Pro Tem starting December 14, 2009, with the term to expire in December, 2011.
RESOLUTION OF ACCEPTANCE OF $3,340,000 GRANT THROUGH ARRA FUNDING - Last spring we were awarded a grant of $3,340,000 from ARRA funds to retain stormwater downtown before it enters Hitchcock Woods. This restoration project will use green infrastructure to capture this water through rain gardens, bio-swales, porous pavement, and other means. The funds are being authorized through the South Carolina Revolving Fund Loan Program which cannot give out grants, but can give out loan assistance which in this case is totally forgivable. As part of the award of these funds the Office of Local Government for South Carolina is requiring that we approve the attached resolution.
ACCEPTANCE OF DEED OF DEDICATION FOR GEM LAKES DETENTION POND - In 2007 the City of Aiken annexed over 300 properties in Gem Lakes as part of an agreement to purchase the sanitary sewer system. When these areas were annexed the detention pond was left out of the annexation and kept under County ownership. This pond is now receiving water from the new Kisner Gem Lakes Subdivision extension and the Pin Oak Farms development off of Silver Bluff Road. It has become a regional detention pond for all three areas currently inside the city limits. The County of Aiken in September, 2009, asked the City of Aiken to accept the Gem Lakes Phase N detention pond in exchange for the City deeding them the roads in the Ventures Industrial Park. We felt this was a more than fair exchange since the roads are over six miles outside the city, serving property which is totally in the county. At tonight's meeting we would like City Council to accept the Gem Lakes Phase N detention pond which serves the citizens in the Gem Lakes area in exchange for the County accepting the following road: Forest Holley Way and A.B. Miles Drive in Ventures Industrial Park.
APPROVAL OF REVISED COMMUNITY REVITALIZATION DEVELOPMENT PLAN (CRDP) - Second Baptist Community Development Corporation is creating a new development behind Aiken High School. City Council has previously rezoned this property for detached single family homes. The Development Corporation is applying for a credit grant through the Federal Section 42 Tax Credit Program. One requirement of the Tax Credit Program is for the city to establish the area as a Community Renewal Development Plan (CRDP) site. In order to gain the most credit the City needs to approve the site as a CRDP prior to January 1, 2010. The goal of a CRDP is to increase affordable homeownership in the community through a planned development. This development, Dupont Landing, will have market rate homes and rental homes which can be sold at a discount rate to occupants at the end of a 15 year period. The approach is a long term strategy for the workforce family that typically would not be able to afford homeownership. Second Baptist CDC will be using a mix of private and public financing to make the mortgage payments affordable to prospective workforce families. The entire 40 acre site would have the CRDP designation and therefore would be eligible for the Tax Credit Housing Program. This plan was approved on December 11, 2006, and tonight they would like Council to reapprove it with the modification which Council approved about one year ago. This improvement included Second Baptist pursuing a senior housing development on the eastern portion of the site connected to a potential adult daycare facility. The senior and adult care portion are the only changes to what Council approved in 2006.
AIKEN CORPORATION LOAN REQUEST FOR RAILROAD DEPOT - The Aiken Corporation at their September, 2009, meeting voted to request that the City of Aiken provide a loan for $1,300,000 at 1% over the city's investment pool interest. This loan would be used to pay off the current loan for the Depot Project and provide enough funding to complete the current building and inside displays. They feel that if the City would loan them this money they could save approximately $50,000 in interest over the length of the loan. Over the past several years, the City has loaned Aiken Corporation funds on several occasions. This began in 2000 when the City gave them a construction loan of $3.5 million to build the Washington Center. The construction loan was later converted to a regular loan from the City for $3.5 million. Since that time they have reduced that loan to approximately $2,250,000 and have extended the loan through 2011. In addition the City has loaned them $60,000 from the proceeds of the sale of the blue house on Chesterfield Street, $20,000 to complete the painting of the spec building and up to $250,000 for work on housing in the Toole Hill area, Edgewood and Crosland Park. The last three loans were given to Aiken Corporation at 0% interest to be paid back when called upon by the City of Aiken. It is our understanding the Railroad Depot Committee has received pledges in excess of the $1.3 million which they are requesting. Attached is a loan agreement similar to the one which the City used for the Washington Center. The major difference is they are requesting a loan at 1% over the City/State Investment Pool. If Council wants to consider this loan, an ordinance would need to be developed identifying the funding source and conditions for the loan. This could be presented to Council at the first meeting in January.
It is our understanding the Railroad Depot Committee has received pledges in excess of the $1.3 million which they are requesting. Below are the details of the loan which is for up to $1.3 million with interest paid monthly at the rate of the City investment pool plus 1%. Principal would be reduced as pledges are received. Term request is 7 years.
Listed below are items requested to be funded:
Completion of Diorama $8,190
Administration $57,316
Architectural Fees $43,531
Completion of RR Cars (Phase 1) $65,656
Completion of Displays $65,535
Interest on Loan $159,151
Existing Loan (Security Federal) $355,044
Balance on Construction Contract $444,369
Contingency $101,208
Total $1,300,300
The Depot is being built on City property and will be owned and operated by the City. The request has two major benefits: it would allow the City to earn 1% interest above the State investment pool and would save the project approximately $50,000 in interest carry cost.
AGENDA FOR NOVEMBER 23, 2009 CITY COUNCIL MEETING: http://www.cityofaikensc.gov/weblink7/docview.aspx?id=115832. Please cut and past this link to review the Agenda with all Back-up items.
Friday, December 11, 2009
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1 comments:
Reject this Aiken Corp loan. Should have been self funded before construction started. If you don't do it now, you will be funding this huge waste of money forever. Doesn't matter if it's from Hospitality Tax revenue or not, it's tax dollars diverted away from something more approriate. Next one up will be the ABCDEFGHIJKLIMNOPWRSTUVWXYZ Center at York & Rutland.
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