Laserfiche WebLink
City of Centerville <br /> Council Meeting Minutes <br /> November 12,2014 <br /> Mayor Wilharber called the regularly scheduled meeting to order at 6:35 p.m. <br /> III. PLEDGE OF ALLEGIANCE <br /> IV. AWARDS/PRESENTATIONS/APPEARANCES <br /> 1. Mr. George Eilerston, Northland Securities, welcomed new City Administrator Mike <br /> Ericson. Mr. Eilerston presented to Council the finance summary plan and a resolution <br /> authorizing the sale of bonds for the $2,430,000 General Obligation Improvement <br /> Crossover Refunding Bonds, 2009B. He stated that these bonds have a final maturity <br /> date of 2022 and it was refunded in 2009 to shorten that date to 2018. At the 2018 date <br /> there is a large balloon payment that is due. Mr. Eilerston stated that he spoke to our <br /> previous City Administrator, our current Administrator, and our Finance Director in <br /> regards to restructuring this bond out to the year 2025. This bond will have an early call <br /> feature that will allow the City to prepay or buy down this bond in the case of additional <br /> land sales. He stated that the City has a strong AA bond rating and the market is <br /> favorable for short term debt. He would like council to consider a resolution calling for a <br /> bond sale in December. Mr. Eilerston would like to take the bids in the morning of the <br /> December 10 Council meeting and present the result of the lowest bidder. <br /> A discussion ensued in regards to the percentage rate and how much more it would be if <br /> they waited to restructure this bond and if they sold the property to repay the debt how <br /> soon would it happen. <br /> 2. Anoka County Radio Club—Mr. Bob Cordell <br /> Mr. Cordell, representative of the Anoka County Radio Club, stated at the September 10, <br /> 2014 Council meeting Council desired to offer a contract between the City and Anoka <br /> County Radio Club and Emergency Services Inc. He stated to Ms. Bender that they <br /> would not be able to sign this contract. Mr. Cordell stated under the federal <br /> communication commission (FCC) bylaws which allows them to operate as amateur <br /> radio operators; do community service work; emergency service work and states that <br /> specifically that they cannot work for hire directly, indirectly, and everything in between. <br /> As amateur radio operators they are allowed to accept donations to their club for <br /> whatever reason but not take a direct payment. If the Radio Club accepts the City's offer <br /> they could lose their license to operate. Mr. Cordell stated that they enjoy assisting with <br /> Centerville's events, use them as training and would like to continue to do so. They <br /> appreciate the City's offer but they cannot accept a contract. <br /> Mr. Cordell stated that the City and the Radio Club can enter into a memorandum of <br /> understanding (MOU) which states that when the City needs assistance they will try their <br /> best to accommodate their services but not for a monetary fee. Mr. Cordell stated that <br /> they cannot provide their services for a fee and in past incidents communities or groups <br /> have provided them with needed equipment. <br /> Mr. Glaser and Mr. Cordell will work out an agreement with the City that will be suitable <br /> for both entities. <br /> Page 2 of 7 <br /> 2 <br />