Green Isle Wants to Hear School’s, Developers’ Plans to Catch Up
Thursday, March 09, 2017 10:59 AM
Green Isle City Council members recently learned the people running the community charter school and the developers who own 43 vacant lots in the city have some catching up to do on missed payments.
At its Feb. 28 meeting, the council learned Green Isle Community School missed about $6,000 in lease payments to the city last year. The school’s lease payments on the city-owned school building are approximately $115,000 annually ($9,700 per month), said Lelia Leonhardt, a representative of Abdo, Eick & Meyer, the city’s financial representative.
The school is also about $220,000 behind on bond payments. The city issued bonds in 2005 to renovate the school. Lease aid helps repay the bond payments.
The school’s enrollment has been climbing the past few years. Its current enrollment of 64 students is nearing the break-even point for the bond payments.
At the council’s direction, City Attorney Ross Arneson was directed to set up a meeting with council members and representatives of the community charter school. While they remain supportive of the charter school, council members want to hear Green Isle Community School leaders’ plan to make good on missed payments.
The city is also looking for information on developers Bill Feldman and Norm Beckman’s plans to catch up on late interest payments. The pair purchased 43 undeveloped lots from the city in February of 2014. The two developers are $11,781 in arrears with the city.
Arneson was dispatched to contact Beckman and Feldman to discuss plans to catch up on the payments.
In other action at the Feb. 28 meeting, the Green Isle City Council:
• Paid Bills totaling $30,412.97.
• Heard a report on the city’s 2016 financial audit from Mike Burkhardt of Burkhardt & Burkhardt.
• Heard a proposal for subscription to a solar garden project from Jane Qualey of Minnesota Community Solar. She proposed a 25-year contract where the city would save money on its municipal electric bills. The council tabled a decision for more study.
• Decided to offer the vacant Public Works position to Kirby Kroells. The position is for up to 39½ hours with no benefits. He’ll be paid $12.50 per hour with a review and possible wage increase after three months.