Laserfiche WebLink
20 <br /> MIND S OF THE SPECIAL MEETING OF THE HUGO CITY COUNCIL <br /> March 19, 1984 <br /> Mayor McAllister called the special meeting to order at 6:09 PM. <br /> • <br /> PRESENT: Peltier, Schwab, Vail, McAllister <br /> ABSENT: Atkinson <br /> The special meeting was called for the purpose of discussion of refinancing bonds <br /> for Project 8102, and any other appropriate city business. Bill Fahey and Carolyn <br /> Drude, Ehlers and Associates, were present to discuss their recommendations as <br /> indicated in their letter of March 19, 1984. The temporary bonds will mature <br /> October 1 , 1984, and should be refinanced at a significantly lower interest <br /> rate. The present assessment interest rate will remain the same. <br /> MOTION: Vail made motion, Peltier seconded, to approve the plan submitted by <br /> Ehlers and Associates, to issue bonds in the amount of $110,000 for <br /> temporary improvement bonds to finance local improvement Project 8102. <br /> All aye. Motion Carried. <br /> MOTION: Vail made motion, Peltier seconded, to set a Special Meeting for April 16, <br /> 1984, at 6:15 PM, for the purpose of opening of bids for the sale of <br /> bonds Project 8102. <br /> All aye. Motion Carried. <br /> MOTION: Peltier made motion, McAllister seconded, to adjourn at 6:50 PM. <br /> All aye. Motion Carried. <br /> Mary r),Creager, Clerk <br /> City Hugo <br /> MINUTES OF THE REGULAR MEETING OF THE HUGO CITY COUNCIL <br /> March 19, 1984 <br /> Mayor McAllister called the regular meeting to order at 7:04 PM. <br /> PRESENT: Peltier, Schwab, Vail, McAllister <br /> Attorney Johnson and Engineer Kuusisto <br /> ABSENT: Atkinson <br /> 3.0 APPROVAL OF MINUTES <br /> MOTION: Peltier made motion, Vail seconded, to approve the minutes of the Special <br /> Meeting of March 5, 1984, as submitted. <br /> A11 aye. Motion Carried. <br />