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Shelby City Council approves contracts, housing loan and schedules $1.5M line-of-credit hearing
Summary
At its Aug. 5 meeting, the Shelby City Council approved several contracts and payments, granted a $5,000 forgivable housing loan, tabled a demolition bid and a bank grant application, and set an Aug. 19 public hearing on a Project Line of Credit not to exceed $1.5 million.
Mayor Ron Kroll presided over the Shelby City Council’s Aug. 5 regular session, during which the council approved routine consent items, several contracts and a homeowner loan and set a public hearing on a proposed line of credit.
The council approved the meeting agenda and passed the consent agenda, which included minutes from July 1 and July 15, approval of bills and a liquor license for “Loves.” Councilmember Pat Honeywell moved to approve the agenda; Councilmember Karen Schlueter seconded and the motion carried on a roll call vote with all members present voting aye.
The council voted down a motion to approve an Economic Grant application from Shelby County State Bank (SCSB) for exterior work at 421 East Street in the amount of $8,875. Councilmember Karen Schlueter moved to approve the grant, seconded by Jackie Hursey; the motion failed after council members said additional information was needed and the council agreed to explore a tax increment financing development agreement as an alternative.
The council tabled a separate Shelby County State Bank economic development grant application until the Aug. 19 meeting (motion by Schlueter, seconded by Hursey; roll call: all ayes).
Other approvals included a listing contract with Jamie Leaders Realty to market remaining lots in The Meadows Subdivision, at a fee of $3,000 per lot if sold; the contract with Western Engineering for the M‑16 project; and final payment of $24,041.09 to T.K. Concrete for the Trail Expansion project. All passed on roll call votes with the four councilmembers present voting aye.
The council approved a five‑year forgivable loan of $5,000 for the property at 701 Spring, submitted by applicant Kaden Stoller; the loan will be secured by a mortgage on the property (motion by Schlueter, seconded by Hursey; roll call: all ayes).
A bid for demolition of the Old Shell station was tabled so the mayor can seek clarification from bidders. The council also approved Resolution 8‑25 to set a public hearing on the Project Line of Credit Note Series 2025A, not to exceed $1,500,000, with the hearing scheduled for Aug. 19.
Votes at a glance: - Agenda approval: Motion by Pat Honeywell; second Karen Schlueter. Outcome: approved (all ayes). - Consent agenda (minutes, bills, liquor license for "Loves"): approved (all ayes). - Economic Grant (SCSB) — $8,875 for 421 East Street: Motion by Karen Schlueter; second Jackie Hursey. Outcome: failed (vote tally not specified; council elected to pursue a TIF option). - Shelby County State Bank grant application: tabled to Aug. 19 (all ayes). - Listing contract with Jamie Leaders Realty (Meadows Subdivision): approved (all ayes). - Housing forgivable loan — 701 Spring ($5,000, five years, mortgage-secured): approved (all ayes). - Western Engineering contract (M‑16 project): approved (all ayes). - Final payment to T.K. Concrete (Trail Expansion) — $24,041.09: approved (all ayes). - Old Shell station demolition bid: tabled pending bidder clarification (all ayes). - Resolution 8‑25: sets public hearing on Project Line of Credit Note Series 2025A (not to exceed $1,500,000) for Aug. 19: approved (all ayes).
The meeting adjourned at 8:51 p.m. The council is scheduled to reconvene Aug. 19, when the tabling of certain items and the public hearing on the line-of-credit note will be on the agenda.
