March 4, 7 p.m. City Council Chambers, 45 Lyon Terrace. Agenda:
City Council Citation(s): Recognizing the recipients of the 2018 City of Bridgeport “Employee of the Year” Award.
33-18 Public Hearing re: Resolution Authorizing Execution of a Land Development Agreement (“LDA”) for the Mixed-Use Development of Congress Plaza Commons to be built on vacant city-owned land located at the corner of Main Street and Congress Street.
MINUTES FOR APPROVAL:
Approval of City Council Minutes: February 4, 2019
COMMUNICATIONS TO BE REFERRED TO COMMITTEES:
41-18 Communication from Benefits re: Proposed Agreement with Anthem Blue Cross and Blue Shield Insurance Company for a Group Medicare Advantage Plan for a Twenty-One-Month Term, referred to Contracts Committee.
42-18 Communication from Benefits re: Proposed Agreement with Lincoln National Life Insurance Company for a Group Life Insurance Policy for a Three-Year Term, referred to Contracts Committee.
44-18 Communication from OPED re: Proposed Resolution Authorizing the Execution of a Professional Services Agreement with Langan CT, Inc. regarding Harbor Yard Traffic Management, referred to Contracts Committee.
45-18 Communication from Public Facilities re: Proposed Resolution regarding the “2019? First Round Sidewalk Repair Pilot Program, referred to Public Safety and Transportation Committee.
46-18 Communication from Central Grants re: Grant Submission: State of Connecticut Department of Transportation (FY18-FY23) Speed and Aggressive Driving Enforcement (#19323-#23323), Click It or Ticket Enforcement (#19326-#23326) and Distracted Driving–High Visibility Enforcement (#19327-#23327), referred to Public Safety and Transportation Committee.
47-18 Communication from City Attorney re: Twenty Day Notice to Settle Pending Litigation Pursuant to Municipal Code Section 2.10.130 with Vernell Smith, ACCEPTED AND MADE PART OF THE RECORD.
48-18 Communication from City Attorney re: Twenty Day Notice to Settle Pending Litigation Pursuant to Municipal Code Section 2.10.130 with Adalberto Planas, Jr., ACCEPTED AND MADE PART OF THE RECORD.
49-18 Communication from Central Grants re: Grant Submission: State of Connecticut Department of Transportation for Local Bridge Program–Congress Street Bridge (#19202/8P663), referred to Economic and Community Development and Environment Committee.
50-18 Communication from OPED re: Proposed Resolution Authorizing the Acquisition of Property in accordance with the East End Neighborhood Revitalization Plan, referred to Economic and Community Development and Environment Committee.
RESOLUTION TO BE REFERRED TO BOARDS, COMMISSIONS, ETC.:
43-18 Resolution presented by Council Member(s) Langan, Herron, Jackson & C. Smith re: Proposed Amendments to the Municipal Code of Ordinances, Title 5–Business Licenses and Regulations, amend to add New Chapter 5.88–Minimum Wage Enhancement Policy, referred to Ordinance Committee.
MATTERS TO BE ACTED UPON (CONSENT CALENDAR):
*22-18 Contracts Committee Report re: Fieldwork Education Agreement with Sacred Heart University.
*34-18 Contracts Committee Report re: Assignment of Tax Liens for Fiscal Year 2019.
*38-18 Contracts Committee Report re: Agreement with Bridgeport City Supervisors Association (BCSA) regarding their Bargaining Contract.
*39-18 Contracts Committee Report re: Agreement with LIUNA Local, 1224 regarding their Bargaining Contract.
*19-18 Miscellaneous Matters Committee Report re: Refund of Excess Payments–250 Fifth Street LLC.
*20-18 Miscellaneous Matters Committee Report re: Resolution regarding the 2019-2020 Citizen’s Participation Plan.
MATTER TO BE ACTED UPON:
40-18 Contracts Committee Report re: Agreement with Bridgeport Building Trades Council regarding their Bargaining Contract.
Considering the Congress Plaza Commons,the numbers don’t match up. But most of our City Council Members can’t even add,this is no surprise.
The developer does an end use pro forms, adding up debt service, insurance, operations cost , then sees what gets a doable dent service coverage by proposing a tax break to make the project happen.
Do a good job. My grandfather owned a bar precprohibition in Middle St on this site. Ehere all the CCC workers gathered to be brought up to 90 Acres to build that wall. My grandfather had the contract to ride them up there with his trucking company,
Pro forms. Income expense thing
Pro forma, debt service coverage,I.e.
Here’s the point: even with a tax break to modify a system that oppresses developers, Congress Plaza Commons will generate positive tax flow (dollars) upon completion. Who else does that?
NEW BUILD without bonding indicates genuine growth in contrast to rehabbing old buildings (with bonding). I hope Primrose enjoys an advantage by building a shiny, new asset that becomes a magnet for downtown renters!