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SEPTEMBER 24, 1975 MINUTES OF SPECIAL MEETING OF THE HUGO CITY COUNC;Jf;,>- <br />GUJ' <br />TIME': 7:20 P.M. September 24, 1975 <br />PRESENT: Lease, LaValle, Leroux, Smith and Schletty. <br />PURPOSE: To further consider the bids and the financing <br />of the Street and Storm Sewer Improvement and any <br />other items. <br />Discussion ensuEd on the low bids submitted. <br />MOTION: Lease made motion, Leroux seconded adopting <br />RESOLUTION 1975-31 A RESOLUTION AWARDING CONTRACT ON <br />STREET AND STORM SEWER IMPROVEMENTS OF 1975-1. <br />VOTING FOR: Lease, LaValle, Leroux, Smith and Schletty. <br />MOTION CARRIED <br />MOTION: Lease made motion, LaValle seconded adopting <br />RESOLUTION 1975-33 A RESOLUTION PROVIDING FOR <br />PUBLIC SALE OF $$155,000 IMPROVEMENT BONDS OF <br />1975. <br />VOTING FOR: Lease, LaValle, Leroux, Smith and Schletty. <br />MOTION CARRIED <br />Sale of the improvement bonds will be on November 17, 1975 <br />at the City Council meeting. <br />MOTION: LaValle made motion, Smith seconded to adopt RESOLUTION <br />1975-34 A RESOLUTION ENTERING IN A CONTRACT WITH MOODY'S <br />MUNICIPAL BOND RATING TO OBTAIN RATING IN A SALE OF 1975-1 <br />IMPROVEMENT PROJECT FOR SALE OF BONDS. <br />VOTING FOR: Lease, LaValle, Leroux, Smith and Schletty. <br />MOTION CARRIED <br />MOTION: Lease made motion, Smith seconded to adjourn meeting <br />at 8:46 P.M. <br />VOTING FOR: Lease, LaValle, Leroux, Smith and Schletty. <br />MOTION CARRIED <br />o,(�.� (� -�tl-�-� c, <br />Carol Williams, DeputyClef <br />City of Hugo <br />