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HomeMy WebLinkAbout1993 [09] Sep 29 Page 2344 September 29, 1993 f'ursuant to due call and notice thereo£, the City Council £o:c the City 0:1: St. Joseph met in special session on Wednesday, September 29, 1993 I at '1:00 p. m. in the City Hall. MEMBERS PRESENT: Mayor Donald Bud Reber. Members o:f the Council Bob Loso, Stephanie Hazen, Ken Hiemenz. Clerk/Administrator Rachel Stapleton. Hieke was absent. OTHERS PRESENT: Monte Eastvold o:f Juran Moody, Inc. Mayor Heber called the meeting to order and stated that the purpose of the meeting was to consider the financing through bonding for the East Minnesota Street and West Minnesota Street improvement projects. Monte Eastvold of Juran Moody, Inc. presented bonding proposals :for financing the projects and bonding methods of public sale or negotiated sale. He discussed the tax impact o:f reducing the bonding amount by a city contribution. Loso made a motion to accept the proposal to sell $560,000 bonds :for the amount needed to cover the costs o:f the projects and to trans:fer up to $1UU,UUO from the Sewer and Water :funds, as :fund balances allow, to t.he Debt Ser'vice fund to service this bond issue. He approved the sale t.o be a negotiated sale on Uctober 21, 1993. The motion was seconded by Hiemenz. Discussion - Hiemenz asked what type o:f crisis could occur which would make up for a shortfall by taxation. Council generally I ielt that the city was financially sound enough to allow :for maximum bonding due to the current state o:f the economy. Ayes: Heber, Loso, Hiemenz, Hazen. Nayes: None. Motion carried. Loso made a motion to approve the :following resolutions: 1) Hesolution declaring cost to be assessed and ordering pr'eparation of proposed plans for the DBL Labs Sanitary Sewer project. 2) Hesolution declaring cost to be assessed and ordering preparation of proposed plans for the East Minnesota Street project. ~) Hesolution declaring cost to be assessed and ordering preparation of proposed plans for the West Minnesota Street project. which establishes the terms o:f the assessment to be at eight percent (8Y.) interest rate for 15 years. The motion approving the resolutions was seconded by Hiemenz. Ayes: Heber, Loso, Hiemenz, Hazen. Nayes: None. Motion carried. Loso then made a motion to approve the following resolutions: 1) Hesolution :for Hearing on Proposed Assessment for the DBL Labs I Sanitary Sewer project to be held at 7:UO p. m. October 14, 19Y~. 2) Hesolution for Hearing on Proposed Assessment for the West Minnesota Street project to be held at 8:00 p. m. October 14, 199~. ~) Resolution for Hearing on Proposed Assessment for the East Page 2345 September 29, 1993 Minnesota Street project to be held at 9:00 p. m. October 14, 1 ':3':3:3. The motion was seconded by Hiemenz. Ayes: Reber, Loso, Hiemenz, Hazen. Nayes: None. ¡'lotion carried. ¡'layor Reber requested that the Council consider allowing Ben Hollermann to be included in the East Minnesota Street project to allow him to receive municipal sewer, and to allow him to pay the prepaid amount because he had only bought the property a:fter the approval of the project. Hiemenz made a motion to approve the request of Ben Hollermann as requested; seconded by Loso. Ayes: Reber, Loso, Hiemenz, Hazen. Nayes: None. Motion carried. Mayor Reber stated that the concrete pads behind the city hall, by the entrances to the buildings, and under the air conditioners need to be installed and he presented a quote. Loso made a motion to approve the quote o:f Concrete Plus o:f $335 :for installation o:f the concrete pads; seconded by Reber. Ayes: Heber, Loso, Hiemenz, Hazen. Nayes: None. Motion carried. Dennis Stueve had requested that space be provided in the maintenance area for par-king of towed snowbirds. Supt. o:f Public Works Dick Tau:fen has discussed this matter with other city o:f:ficials and recommended that this r-equest be denied. Heber made a motion to deny the request of Dennis Stueve and that he be required to :find parking area somewhere other than city property; seconded by Loso. Ayes: Heber, Loso, Hiemenz, Hazen. Nayes: None. Motion carried. Loso informed the Council that the project to move the hockey rink is going very well. He has done it with volunteer labor, with very little assistance from the city. He has to make a new gate for it and will need up to $400 more to complete the project. Reber made a motion to Elppr-ove up to $400 more as requested; seconded by Hazen. Discussion - Loso stated that this amount does not include a net for the back stop. Ayes: Heber, Loso, Hiemenz, Hazen. Nayes: None. Motion carr i ed. Hazen stated that she felt a meeting should be set up to discuss the material which all the Councilors received in the mail that day. Council agreed to meet on any o:f the :following dates that Mr. Molohan is available, October 11, 18 or 26. Mayor Reber agreed to contact Mr. l'lolohan to set a meeting date. Hiemenz made a motion to adjourn at 7:50 p. m. ; seconded by Loso. Ayes: Heber, Loso, Hiemenz, Hazen. Nayes: None. Motion carried. Q Rachel Stapleton, MCMC Clerk/Administrator