1. Council File No. 15,620 Pending Official Ordinance 11-2018 An ordinance appropriating the sum of 304,474.00 in the City of Erie Debt Service Fund
from unanticipated and unappropriated fund balance. This appropriation completes a transfer of Balance Sheet account between the General Fund and Sewer Fund which alleviates inter-fund receivables and payables between these funds.
1. Council File No. 15,623 An ordinance appropriating the sum of 207,830.00 from unappropriated and anticipated revenue to be received from the U.S.
Department of Housing and Urban Development (HUD) as Appalachian Regional Commission (ARC) Section 214 Supplemental funding. This grant will be utilized to invest in sidewalk, curb, and greenspace improvements for the deteriorating area of West11th Street between Sassafras and Peach Streets as part of the Erie Renaissance District Revitalization Project.
1. A resolution authorizing and directing the proper city officials to consent to a settlement agreement between the Erie School District and DuPry
Erie of the assessment appeal on property located at 725 Chestnut Street. The agreement between the School District and DuPry Erie establishes an assessed value for the property of 375,000.00 from 452,675.00, a reduction of 77,675.00.
4. A resolution authorizing the Enterprise Zone Loan Review Committee approval of the following loan be formally ratified: Amount Term Fee Uniform
Outfitters, LLC 148,500.00 15 Years 742.50
These funds have been made available through the Commonwealth of Pennsylvania Enterprise Zone Program and the Erie Enterprise Zone Revolving Loan
Fund and loan repayments. The loan will be charged against account number 310-0000-0000-1007. The interest rate is fixed at 3.5 per annum. A one-time loan processing fee based on of 1.0 of the amount financed will be assessed to the client. The City Solicitor s Office will assist with the preparation of the loan documents for this transaction. City Council further directs that the proper City Officials are authorized to sign the necessary documents and agreements effectuating same.