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08/23/2016

THE FAIRMONT CITY COUNCIL MONDAY APPOINTED BOB WALLACE TO FULFILL THE MAYOR'S TERM UNTIL DEC. 31 THIS YEAR.

BOB WALLACE -LONG TIME FAIRMONT BUSINESSMAN AND MOST RECENTLY FAIRMONT AREA CHAMBER OF COMMERCE PRESIDENT UNTIL RETIRING A COUPLE OF YEARS AGO-ALONG WITH MIKE KATZENMEYER WHO WAS ALSO AT THE MEETING LAST NIGHT AND CHERYL PETROWIAK ALL SUBMITTED THEIR NAMES TO THE COUNCIL FOR THEIR CONSIDERATION. BOB WALLACE TAKES THE OATH OF OFFICE FOR MAYOR AT THE NEXT REGULAR CITY COUNCIL MEETING. ON THE NOVEMBER 8TH GENERAL ELECTION BALLOT DEB FOSTER AND RICHIE JOHNSON WILL BE SEEKING THE MAYOR'S POSITION TO BEGIN AFTER THE FIRST OF THE YEAR.

ON OTHER COUNCIL ACTION THEY APPROVED AN AMENDMENT TO THE EXISTING AGENCY AGREEMENT WITH THE SOUTHERN MINNESOTA MUNICIPAL POWER AGENCY.THE AMENDMENT CAME ABOUT AFTER TWO LARGE MEMBERS OF THE AGENCY-ROCHESTER AND AUSTIN- HAVE NO SIGNED POWER SALES CONTRACTS WITH S M M PA BEYOND THE YEAR 2030.

TWO PUBLIC HEARINGS WERE HELD WITH APPROVAL FOR ADJUSTMENTS IN THE RURAL AND URBAN SERVICE DISTRICTS AND AN AMENDMENT TO CITY ORDINANCE TO ADJUST 8 PROPERTIES BEING THE FIRST TO BE APPROVED AND SECONDLY TO ADOPT AN TAX INCREMENT FINANCING DISTRICT AGREMENT WITH FAIRMONT REALTY GROUP LLC. THIE REDEVELOPMENT T I F IS FRO A TERM OF 15 YEARS AND WILL ASSIST WITH FINANCING OF CERTAIN COSTS INCURRED IN CONNECTION WITH THE DEMOLITION OF 3 EXISTING SUBSTANDARD BUILDINGS NEAR THE FIRST STREET AND PRAIRIE AVENUE AREA AND CONSTRUCTION AN EQUIPPING OF A MULTIFAMILY RENTAL HOUSING PROJECT CONSISTING OF ONE 4 PLEX UNIT WITH 3 BEDROOMS PER UNIT AND ONE 3 PLEX UNIT WITH 3 BEDROOMS PER UNIT.




ROD HALVORSEN
© 2015 KSUM KFMC


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