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Commission Approves Ordinance Authorizing Issuance up to $17M in Industrial Revenue Bonds for Candlewood Suites Project

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Nov. 21 McPherson City Commission Meeting Highlights

By Lucky Kidd

 

McPHERSON, Kan. — The McPherson City Commission Tuesday approved an ordinance authorizing issuance of up to $17 million in Industrial Revenue Bonds for the Candlewood Suites project at US 56 and I-135 which opened Tuesday. Commissioners had approved a letter of intent to issue the bonds in January, 2022 as part of a developer’s agreement for the project which is substantially complete.

The Commission approved a five-year contract for debt tracking and post-issuance compliance software. This software tracks such things as general obligation bonds, leases, short term borrowings and other financial items the city has or will issue, which will satisfy Governmental Accounting Standards Board requirements along with auditing requirements. It also will bring about a significant time savings in preparing these reports. Staff is adding information over the past two plus decades to this database, allowing future financial managers to search debt history at a glance.

A special use permit to allow a restaurant and drinking establishment in the former Main Street Deli at 108 South Main was approved as recommended by the Planning Commission. The commission also approved the rezoning of the property where the McPherson Housing Coalition is building the Sutherland Estates project at Sutherland and Elm and a special use permit to allow a clubhouse as part of the development.

A change order was also approved on the Deerfield Village Subdivision project covering the cutting of a small channel and grading to address a plan error. Cost of that change order came to $947.

An additional access agreement for the Kansas Department of Health and Environment allowing them to conduct additional soil, water, and monitoring well sampling in the area of the 800 block of West Woodside.

Commissioners approved replacement of a water softener at the Animal Shelter, this purchased through McPherson Quality Air for $3,375.27, a $19,346 expenditure for purchase of three police vehicle radios from Ka-Comm of Salina, purchases of range and duty ammunition. a $12,772 agreement with Hedlund Electric to install electrical equipment at the new Police Department Range Building, and agreed to waive code requirements related to bathroom, sink and ADA requirements which are not needed there and haven’t been needed at the site in its over 30 years of existence.

The Commission also approved conditional job offers for two trolley drivers.

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