HomeMy WebLinkAbout1976.07.26 CC Minutes - Special Meeting 7 JLY 26, 1976 MINUTES OF THE PROCEEDINGS OF THE HUGO CITY COUNCIL
SPECIAL MEETING
TIME: 7:10 P.M.
PRESENT: LaValle, Leroux and Smith.
ABSENT: Lease and Schletty.
TRANSFER OF FUNDS
MOTION: LaValle made motion, seconded by Leroux, to pass Resolution
#1976-47, a resolution to borrow $20,000 from the Water
Department sinking fund and transfer to the Storm 3ewcr
Construction Fund..1975-1 for a period not to exceed three
years; interest to be paid at the rate of 6% per annum.
VOTING FOR: LaValle, Leroux, and Smith.
MOTION CARRIED
MOTION: LaValle made motion, seconded by Smith to pay RoSo Contract-
ing Company $14,403.81 for estimate #4.
VOTING FOR: LaValle, Leroux, and Smith.
MOTION CARRIED
STORM SEWER PROJECT
MOTION: LaValle made motion, seconded by Leroux, to set the cost
of the Storm Sewer Project #1975-1 , at 50 per square foot,
to be assessed over a ten year period at 7 % interest, and
that 12 years interest will be charged for the first year;
the clerk's office will prepare the assessment rolls.
Prepayment may be made without interest within thirty days
after approval of the assessment roll, the assessment
hearing shall be held at 8:00 P.M. on September 9th, 1976
at the Hugo Elementary School.
VOTING FOR: LaValle, Leroux, and Smith.
MOTION CARRIED
148th Street Watermain Project
Total front footage to be assessed - 1 ,023 feet. First 150'
of corner lots not to be assessed.
MOTION: LaValle made motion, seconded by Leroux, to set the cost
of the 148th Street Watermain Project at $8.00 per assess-
able foot, to be paid over a five year period at 7i% int-
erest; city to pay balance of cost. Hearing shall be held
at 8:00 P.M. on August 16th at the Hugo City Hall.
VOTING FOR: LaValle, Leroux, and Smith.
MOTION CARRIED
MOTION: LaValle made motion, seconded by Leroux, to adjourn the
meeting at 9:22 P.M.
VOTING FOR: LaValle, Leroux, and Smith.
MOTION CARRIED
\e:1
Carol A. Williams, Clerk
City of Hugo