HomeMy WebLinkAboutCCMin_91May15
MINUTES
SPECIAL CITY COUNCIL MEETING
May 15, 1991
Ciernia called the meeting to order at 5:04 p.m.
PRESENT:
Ciernia, Gehrz, Jacobs and Wallin. Also present were Hoyt,
Chenoweth and Apfelbacher
ABSENT:
Baldwin
SALE OF BONDS FOR 1991 STREET IMPROVEMENT PROJECT
Fiscal Consultant Apfelbacher explained that the bids were
opened at 11:30 a.m. on May 15, 1991 and presented the bids to
Council. Apfelbacher recommended awarding the bid to the low
bidder, Piper, Jaffray & Hopwood, Inc. at an interest rate of
6.125698%
Wallin then moved adoption of Resolution R-91-29 which carried
unanimously.
RESOLUTION R-91-29
A RESOLUTION RELATING TO $585,000 GENERAL OBLIGATION
IMPROVEMENT BONDS, SERIES 1991; AWARDING THE SALE,
FIXING THE FORM AND DETAILS AND PROVIDING FOR THE
EXECUTION AND DELIVERY THEREOF AND SECURITY THEREFORE
AND LEVYING AD VALOREM TAXES FOR THE PAYMENT THEREOF
ADJOURNMENT
The meeting was adjourned at 5:11 p.m.
'=~ ~ ",
,~
au C. Ciernia, Ac ing Mayor
ATTEST:
f/
S i ley C ~~ owe Ci y Cler c~