1. A look at Occidental
The commission received a report from city manager Bob Myers on a meeting with Occidental Management, which owns property on S. Kansas Ave. that the company would like to develop as a commercial development.
Occidental has again changed the structure of what they expect from the city, with the city spending about $4 million for infrastructure including streets and utilities. That received a very cool reception from commissioners.
The commission asked for a meeting with the county commission and the board of education to discuss property tax options for the development.
2. Returned a title
The city returned a title to Hehr International, which had issued industrial revenue bonds in 1993 for more than $1.2 million in 1993. Hehr paid off those bonds this year. The city of Newton had held the title as collateral for the life of the bonds.
3. Took a look at asset forfeitures
The commission an update on the special law enforcement trust fund — a fund where asset forfeitures are stored.
Money deposited into the fund comes forfeited cash, the sale of seized cars and real estate and other property.
In 2017 the fund collected $49,455 in revenue from assets forfeitures. Total expenses for 2017 was $69,670. The ending balance in the fund was $278,964.
The use of money in the fund is restricted by state statute to be used for special, additional law enforcement purposes. It can not be used in planning or a adopting a law enforcement agency budget.
"It is not a blank check for the police department to go out and buy anything that we want," said Eric Murphy, chief of police.