The City of Columbia City Council met for a Special Called Meeting on
Friday, June 3, 2005 in the City Hall Council Chambers at 1737 Main Street,
Columbia, South Carolina. The Honorable Mayor Robert D. Coble called
the meeting to order at 5:38 p.m. The following members of Council
were present: The Honorable E. W. Cromartie, II, The Honorable Anne
M. Sinclair, The Honorable Hamilton Osborne, Jr., The Honorable Sam Davis,
The Honorable Tameika Isaac Devine and The Honorable Daniel J. Rickenmann.
Also present were Mr. Charles P. Austin, Sr., City Manager and Ms. Erika
D. Moore, City Clerk.
Upon motion by Mayor Coble, seconded by Mr. Cromartie, Council voted unanimously to go into Executive Session at 5:38 p.m. for the discussion of Item 1. as outlined below.
1. Discussion of negotiations incident to proposed contractual arrangements
- Memorandum of Understanding and Intergovernmental Agreement Relating to the Financing of Certain Parking and Related Facilities for the Research Campus of the University of South Carolina
· Council adjourned the Executive Session discussion at 7:33 p.m. to reconvene the Special Called Meeting.
Upon motion by Mayor Coble, seconded by Mr. Osborne, Council voted three (3) to four (4) to approve the amendments made by Richland County. Voting aye were Mr. Osborne, Mr. Cromartie and Mayor Coble. Voting nay were Mr. Rickenmann, Ms. Devine, Mr. Davis and Ms. Sinclair. The motion failed for the lack of four (4) or more aye votes.
Councilwoman Devine stated that she is concerned about Richland County’s request to have the City of Columbia float the entire cost of Garage A, while the County utilizes different means of securing that debt. She explained that this would hold the City liable for an extended period of time.
Councilwoman Sinclair reiterated Ms. Devine’s concern. She said that she is against Condition 3.
Councilman Davis and Rickenmann requested clarification on the County’s participation.
Upon motion by Ms. Sinclair, seconded by Ms. Devine, Council voted six (6) to one (1) to approve Conditions 1 and 2 of the language presented by Richland County. Voting aye were Mr. Rickenmann, Ms. Devine, Mr. Davis, Mr. Osborne, Ms. Sinclair and Mr. Cromartie. Voting nay was Mayor Coble.
Mayor Coble stated that he voted against the motion because the City of Columbia needs to adopt the same Agreement as Richland County in order to have the best chance for this to move forward.
Councilman Cromartie stated that he was told that the City of Columbia doesn’t have enough tax increment to amortize $15,500,000 and the City could only finance 50% of the amount and then issue General Obligation Bonds for the remaining balance. He said that he is also concerned about the City funding the entire project.
Councilwoman Devine stated that if the language in Condition 3 could be worked out, then the majority of Council might be willing to vote for it. She noted that there is a commitment to make it work.
Upon motion by Mayor Coble, seconded by Ms. Devine, Council voted unanimously to reconvene the Executive Session discussion at 8:00 p.m.
· Council adjourned the Executive Session discussion at 8:22 p.m. to reconvene the Special Called Meeting.
CITY COUNCIL DISCUSSION / ACTION
2. Memorandum of Understanding and Intergovernmental Agreement Relating to the Financing of Certain Parking and Related Facilities for the Research Campus of the University of South Carolina
Upon motion by Mayor Coble, seconded by Mr. Cromartie, Council voted unanimously to approve Conditions 1, 2 and 3 as amended.
· City Council adjourned the meeting at 8:24 p.m.
Respectfully submitted by:
Erika D. Salley