Recent Action Report
Monday, August 5, 2019
State College Borough Council Regular Meeting
State College, PA – Below are details on action taken by Borough Council during the Regular Meeting on Monday, August 5, 2019. For more information download the full agenda at http://www.statecollegepa.us/agendacenter.
A. Suicide Awareness and Prevention Month/Day – Mayor Donald M. Hahn presented a proclamation to Marisa Vicere, Chair of the Centre County Suicide Prevention Task Force, declaring September as Suicide Awareness and Prevention Month and September 10 as Suicide Awareness and Prevention Day.
B. Class CAS 100 Group Comm Presentation – Students from the Penn State’s CAS 100 Group presented their ideas about economic development and possible solutions.
Council approved the following items:
A. Approved, with conditions, the closing of the 100 block of South Allen Street (between East College and East Beaver Avenues), on Monday, September 30, 2019, from 9 a.m. to 9 p.m., for the Penn State Homecoming Allen Street Jam.
B. Approved, with condition, the closing of various Borough streets (normal PSU Homecoming Parade route), on Friday, October 4, 2019, from 5 p.m. to 9:15 p.m., for the annual Penn State Homecoming Parade.
C. Approved the closing of a portion of West Hillcrest Avenue, for the West College Heights Block Party, on Sunday, September 15, 2019, from 3:30 p.m. to 9 p.m.
D. Approved the closing of various Borough streets, on Thursday, October 10, 2019 from 5:30 p.m. to 9 p.m., for the State College Area School District Homecoming Parade.
E. Approved the closing of Westview Avenue (between Fairway Road and Franklin Street), on Friday, September 13, 2019, from 6 p.m. to 10 p.m., for the Westview Block Party.
General Policy and Administration
A. General Obligation Bonds, Series of 2013
The General Obligation Note, Series of 2013 has a fixed rate of 2.34% through November 15, 2020. The Note converts to variable rate thereafter with an interest rate cap of 5.25% for the remaining 14-year term.
Under current market conditions, the Borough could reduce its interest rate exposure by completing a refinancing. The Borough’s policy regarding refinancing like this requires a net present value (NPV) savings of at least 3% of refunded principal.
Concord Public Finance facilitated a competitive internet bond auction on behalf of the Borough, which was held on Monday, August 5. The auction generated 49 bids from seven different underwriting syndicates, and Janney Montgomery Scott was the lowest rate bid at 2.03% and produces the best reduction of interest rate exposure for the Borough.
Concord Public Finance modeled the Janney Montgomery Scott bid on three interest rate exposure scenarios, and all three produce a net present value (NPV) savings over the 3% policy requirement minimum.
Council adopted the borrowing ordinance.
B. State College Area School District South Track Lighting Operational Agreement
As required by the recent amendment to the zoning code that allows for a height increase in outdoor lighting, a draft agreement setting forth the operational terms has been developed and was reviewed by Council at their July 8, 2019 work session. The School Board also reviewed the Agreement.
This agreement has been reviewed with residents in the neighborhood adjacent to the South Track at the State College Area High School. Modifications had been made to the draft agreement based on those discussions. The draft agreement was distributed to both the School Board and Council on July 1, 2019.
Council approved the Operational Lighting Agreement as presented in the agenda packet.
C. Parking Garage Maintenance Change Order
Project #3-2019 was awarded by Council on June 3, 2019. Work began on July 15, 2019. Once work began on this project, it was discovered that there is a considerable amount of more weld plates that are compromised and
need to be addressed at the McAllister parking deck. Additionally, there were areas of delamination of the concrete decking and some surface cracking discovered that needed to be repaired which was not part of the original contract. The change order in the agenda packet reflects the additional work that needs to be completed to ensure the structural integrity of the parking assets.
The total cost of the change order $18,733 or nearly 39.5% of the original contract. Since this amount is greater than the 15% allowed.
Council approved Change Order #1 for Project 3-2019 in the amount of $18,733.
Planning and Zoning
A. Minor Lot Line Adjustment for 415 Nimitz Avenue and 1282 Smithfield Street
The properties at 415 Nimitz Avenue and 1282 Smithfield Street contain single-family homes, but the driveway for 415 Nimitz Avenue encroaches within the property for 1282 Smithfield Street. To address this, the two property owners have submitted a subdivision and lot consolidation plan to subdivide 160 square feet of land from 1282 Smithfield Street and consolidate it with 415 Nimitz Avenue so that the driveway is entirely located on the lot of 415 Nimitz Avenue. No other modifications are proposed at this time.
Council approved the minor subdivision.
A. Borough Council to Consider Use of Borough-owned Streetlight Poles for Wireless
AT&T had previously executed agreements with the Borough to place wireless nodes at various locations. The agreement is for the node itself and does not include the fiber wire that connects to the node. For the specific location of South Atherton Street and Calder Way (southwest corner), AT&T is ready to erect the wireless node, but the Borough is requiring a separate agreement be executed for the wire. Attached to the agenda is the agreement that has been reviewed by Borough’s Counsel and was found acceptable by AT&T.
Council approved and authorized the Manager to execute the Rights-of-Way Use Agreement.