Ad-Express and Daily Iowegian, Centerville, IA

Local News

February 17, 2014

CCC PREVIEW for tonight at 5:30 p.m.

CENTERVILLE — Topping a heavy agenda for tonight's Centerville City Council meeting is a request for a proposal to hire a financial advisor for the city.

The need for such a person was talked about at the last City Council meeting when a Centerville resident brought up the idea.

The request for proposals for financial advisory services states the independent financial advisor will be expected to perform four tasks: Financial planning and debt management; capital budget programming; debt issue development and oversight; and investment program/arbitrage-rebate management/continuing disclosure.

Initial proposals to the city will not contain a fee for services. Instead, firms selected for interviews based on their overall credentials and ability to provide services will submit sealed fee proposals at the time of the interview.

A timeline to hire an independent financial advisor shows proposals will be sent on March 1 and they must be returned no later than 5 p.m. April 1. Finalists will be selected for interviews on May 1 with interviews May 12-16. The City Council is expected to have a recommendation to consider at their June 2 meeting.

The city is offering a four year contract with an option to renew for a fifth year.

Tonight's council meeting starts at 5:30 p.m. at City Hall.

In other action tonight:

• Consider a request from the Rathbun Lake Area YMCA for $15,000, with $10,000 going to the sustaining campaign and $5,000 going to youth football equipment. According to documents submitted by the YMCA, more than 100 youth participate in the football program. The YMCA needs to purchase at least 30 new helmets and several shoulder pads.

• Executive Director Tod Faris will present the annual Appanoose Economic Development Corporation report.

• Set a date to hold a public hearing for the proposed fiscal year 2015 budget; FY 15 starts July 1, 2014 and ends June 30, 2015.

• Centerville's mayor will present the Jim Senior Memorial Citizen of the Month award.

• Centerville's fire chief wants to discuss selling the old generator to the Volunteer Firefighters Association for $1.

• Appoint Molly Revers to fill a vacancy on the Park Board.

• Approve documentation showing the council's desire for the demolition burn of the house at 902 E. Jackson St. The documentation is part of the application paperwork the city must submit to the Iowa Department of Natural Resources.

• Approve turning over 26 inactive delinquent water/sewer accounts to either the Appanoose County treasurer, Iowa Offset Program or a collection agency totaling $5,019.95 for collection.

• Approve multiple resolutions including one to authorize the abandonment process for the property at 528 N. Fourth St. and one resolution for the property at 532 N. Sixth St.; and resolutions to convey the property at 528 N. Fourth St. and 532 N. Sixth St.

• Approve agreements to sell the properties at 532 N. Sixth St. and 528 N. Fourth St. to Chariton Valley Regional Housing Trust Fund Inc. for $1,000 each. Documents show the structure at 528 N. Fourth St. is anticipated to be renovated while the structure at 532 N. Sixth St. is scheduled to be demolished.

• Approve an agreement and consent to waive potential conflict of interest for Centerville, Chariton Valley Regional Housing Trust Fund Inc. and Michael Craver, who has agreed to represent both the city and CVRHTF regarding the two properties, 528 N. Fourth St. and 532 N. Sixth St.

• Review and approve notice to bidders and bid proposal for park and cemetery mowing. The contract calls for mowing and trimming the mini-parks, Morgan Cline City Park, soccer field and Oakland Cemetery.

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The Iowegian wants readers to think about rental permit fees. The Centerville City Council has conducted two working sessions and a third one is planned in order to get a feel for the public's appetite about raising rental permit fees from charging a landlord $25 every two years to charging a certain amount per rental unit per year. So, the question of the week is, "Are you in favor of Centerville increasing rental permit fees?"

A. I'm in favor.
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