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CITY OF FALCON HEIGHTS <br />JANUARY 11, 1978 <br />• Pursuant to due call and notice thereof, a regular meeting <br />of the City Council of the City of Falcon Heights was duly <br />called and held at the City Hall in said City on the 11th day of <br />January, 1978, at 7:30 p.m. <br />The following members were present: Mayor Warkentien, <br />Councilmembers Black, McGough, Steele and Brown and the following <br />members were absent: None. <br />Councilmember Black introduced the following Resolution and <br />moved its adoption: <br />RESOLUTION 78-5 <br />RESOLUTION AUTHORIZING THE <br />FISCAL AGENT, JURAN & MOODY <br />TO NEGO1IATE THE SALE OF BONDS <br />TN THE AMOUNT OF $66,000 FOR <br />THE PURPOSE OF PURCHASING A <br />FIRE TRUCK. <br />WHEREAS, on November 8, 1977 at a Special Election the <br />question was submitted to the general public of the City of <br />Falcon Heights as to whether they would or would not permit the <br />council of the City to sell bonds for the purchase of a fire truck <br />in the amount of $66,000 and, <br />WHEREAS, the results of the Special Election was in favor of <br />permiting the City Council to sell bonds in the amount of $66,000. <br />NOW THEREFORE, BE IT RESOLVED, by the City Council <br />to authorize the fiscal agent of Juran & Moody to negotiate a sale <br />of bonds in the amount of $66,000, payable over a ten C10) year <br />period with payment of principle beginning in the year 1980 for <br />the purpose of purchasing one fire truck. <br />The motion for the foregoing Resolution was duly seconded <br />by Councilmember Steele and upon a vote being taken the following <br />voted in favor thereof: Mayor Warkentien, Councilmembers Black, <br />McGough, Steele and Brown and the following voted against: None. <br />WHEREUPON; the Resolution was declared duly passed and <br />adopted this 11th day of January, 1978. <br />~~ ~ ~ <br />~~ ~ ~ C~ ~C- ~~ <br />G L ~~ ~ ~ -~ .~r~2~~ <br />WILLTS C.A. WARKENTIEN, MAYOR <br />Attest: <br />i <br />ewan B. Barnes <br />Clerk Administrator <br />Regular Meeting of January 11~ 1978 <br />