Atlantic City Council to hold their regular, and Work Session meetings this evening
December 18th, 2024 by Ric Hanson
(Atlantic, Iowa) – The Atlantic City Council will gavel-in to a regular session this evening. Their session at City Hall begins at 5:30-p.m., and includes the following action items:
- Passing a resolution “Approving the Plans and Specifications for the West 22nd Street Improvements.” City Administrator John Lund says the project has a forecasted cost of slightly more than $1.32-million, and is one of 67 street improvement projects set to take place during the Spring and Fall of 2025. The new year marks the first new cycle of street improvement projects in the City’s 10-Year Capital Improvement Plan (CIP). Lund says the FY 25-26 CIP projects a total investment of more than $3.4-million. In his agenda notes, Lund says “Due to careful and precise timing of the City’s Debt Management Plan and 10-Year CIP, West 22nd Street and the Downtown Project should be financed by Local Option Sales Tax (LOST) revenue, making it not a factor in the debt service levy, and not require[ing] property taxes service the debt.”
- The Council will act on passing the 3rd and final reading of an amended ordinance pertaining to ATV’s and Snowmobiles (As we’ve previously reported).
- And, following a public hearing, the Council will act on passing a resolution approving a Development Agreement with Vision Atlantic, Inc., authorizing annual appropriation Tax Increment Payments, and Pledging certain Tax Increment Revenue to the payment of the agreement. The agreement pertains to Vision Atlantic’s Development Project that includes more than $4.1-million in infrastructure, $48.8-million in housing development, and $10.7-million for a child development center on land the City purchased from the Comes Family Trust. That land was sold in 2022 to Vision Atlantic, for One-dollar, as part of their development proposal.
- In other action, the Atlantic City Council will act on passing a resolution that will set the date for a Public Hearing on a proposed ordinance “Vacating the street located between 3009 Palm Street and 3101 Palm Street.”
Following the conclusion of their regular meeting, the Atlantic City Council will hold a work session to report on issues Councilpersons encountered during their listening sessions. They will discuss those issues and come to a consensus on how to proceed with addressing the issues. The Work Session is scheduled to begin at 6:15-p.m.