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The committee recommended approval of a Market House lease running from July 1, 2033, through June 30, 2038, with optional renewals, after adding a condition that up to $100,000 in performance rent cannot be deducted unless used for city-approved expenditures. It also recommended several fund transfers, supplemental appropriations, and changes to sewer and water capital-facility charge payment timing.
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These actions advance, but do not by themselves enact, changes affecting the Market House, city spending, grants, road and capital projects, and development-related utility charges. The committee amended the roadways capital funding plan to use $330,000 from the General Roadways Capital Reserve and $300,000 from the General Fund Capital Reserve balance. It also recommended changing when sewer and water installation charges are collected for developers building six or fewer dwelling units.
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