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Canton Council adopts a package of emergency ordinances including FOP contract, grant for downtown substation and several settlements
Summary
Council suspended rules and adopted a set of emergency ordinances: settlement terms for Historic Hercules LLC, a $48,000 Stark County Community Foundation grant for downtown police-substation security, a collective-bargaining agreement with the Fraternal Order of Police, and multiple facility and procurement measures.
Canton City Council suspended the statutory rules to bring three ordinances back to the floor and adopted a series of emergency ordinances covering financial settlements, grants, labor agreements and capital projects.
Council adopted ordinance 21, approving a negotiated settlement related to Historic Hercules LLC. Committee discussion indicated investors in default (principal around $775,780) offered to pay $1,000,000 to "make us whole," and the net effect reported to council was that, if approved, the note balance and repayments would produce about $2.5 million in total repayments on a $2 million note. The ordinance passed by roll call with…
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