The City Commission will hold a special meeting Tuesday to approve issuance of bonds for the CivicPlus project downtown.
The 5 p.m. session at City Hall is a follow-up to the Commission‘s approval last year of an economic development package facilitating the expansion of CivicPlus. Part of that agreement involved issuance of up to $20 million in industrial revenue bonds to finance construction of a five-story, 50,000 square foot building at the intersection of Fourth and Pierre.
City officials said the issuance of those IRBs was contingent on CivicPlus meeting certain growth standards. But they noted that during 2012, the firm met or exceeded all those standards, including having added 28 new full-time equivalent employees at average annual wages of $58,335.
The meeting of those standards is what triggers issuance of the bonds.
The special meeting will precede a work session at which commissioners will review and discuss proposed changes to the city’s building codes. The changes are drawn from the 2012 International Codes, and they have already been reviewed with various building-related groups. That review process yielded several recommendations for amendments, among them:
• Proof of liability insurance as part of a contractor’s licensing requirement.
• Exemption of certain fences and retaining walls from permit requirements.
• Elimination of the requirement that certain smaller new mercantile, storage or factory structures have sprinkler systems accompanied by the addition of places that sell or store mattresses to the requirement.
• A requirement that carbon monoxide alarms be in place in all new and existing residential and institutional occupancies.