CC_Minutes_2011_1024 - Laserfiche WebLink

Home

Regular City Council Meeting Monday, October 24, 2011 Page 27 for its actions within those timing constraints; and assured residents that democra- cy was not dead. Roll Call Ayes: Willmus; Johnson; and Roe. • Nays: McGehee and Pust. Motion carried. b. Authorize the Sale of$10 Million in Bonds to Finance the Construction of a New Fire Station and Park Improvements Johnson moved, Willmus seconded, adoption of Resolution No. 10945 (Attach- ment A) entitled, "Resolution Providing for the Competitive Negotiated Sale of $10,000,000.00 General Obligation Bonds, Series 2011A;" to finance the con- struction of a new fire station and park improvements. Councilmember McGehee suggested that the City Council consider an attempted friendly amendment that would defer some of the amount proposed for a bond is- sue; through deferring a bond issue at this time and using reserves to complete the planning process, and have that in place for a future bond issue. Roll Call Ayes: Willmus; Johnson; and Roe. Nays: McGehee and Pust. Motion carried. Mayor Roe announced for public information that through previous City Council action at their October 17, 2011, meeting, Public Hearings would be held before issuance of each of the remaining bond issues over the next several years. Due to the lateness of the hour, Mayor Roe advised that Agenda Items 12.a and 13.a and b would be deferred to a future meeting. 13. City Manager Future Agenda Review City Manager Malinen reviewed upcoming agenda items. 14. Councilmember-Initiated Items for Future Meetings Councilmember Willmus requested a future item, and prior to November 21, 2011, be in- cluded to discuss allocation of funds from this initial bond issue between parks and the fire station. Mayor Roe advised that this would need to occur on the November 14, 2011, agenda. 15. Adjourn Johnson moved, Willmus seconded, adjournment of the meeting at approximately 10:16 p.m.