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HomeMy WebLinkAbout08 16 1983 CMCOUNCIL MEETING MINUTES August 16, 1983 Minutes of the adjourned meeting of August 9, 1983 held in the city municipal building August 16, 1983. Present: Mayor John 0. Cotant, Jr., Councilmembers Becky A. Hopkins, Dwain A. Kinghorn, Leroy S. Quick, Attorney B. Lynn Winmill, City Clerk Ron C. Conlin. Councilman Thomas S. Nield and Public Works Director Steve Smart was excused from the meeting. Meeting called to order 7:35 p.m by Mayor Cotant. GENERAL DISCUSSION 1. Budget, discussion on the Fiscal 83 -84 Budget. 2. Personnel Policy, discussion on sick leave. After discussion the Mayor and Council decided to grant sick leave to employees that have immediate family having surgery. The employee will get the day of the surgery off only. Attorney Winmill suggested that the City amend the policy. 3. Health Insurance discussion. RESOLUTION #7 -83 - Attorney B. Lynn Winmill read the Resolution in full to the Mayor and Council. 135 Councilwoman Hopkins made motion to adopt Resolution #7 -83 as read. Councilman Quick seconded the motion. All Councilmembers present voted in favor of motion. _. TELEPHONE SYSTEM - After discussion of the new telephone system Councilwoman Hopkins made motion that the Citv agree to lease from American Bell for the term of four years at a 9.25 annual precentage rate, with payments being divided into five equal annual payments with the first payment due upon completion of of the installation. Citizens Development, Inc. should act as lesser with Idaho First National Bank acting as Financing E/Jity. Mayor Cotant and the City Clerk have been authorized to sign the documents in behalf of the City of Chubbuck to enter into this lease agreement. Councilman Kinqhorn seconded the motion. Councilman Quick- Abstained Councilman Kinqhorn - Yes. Councilwoman Hopkins - Yes. Councilman Nield - Excused. Councilman Quick moved, Kinqhorn seconded, with full Council approval to adjourn at 10:25 p.m. a&4-. ohn 0. Cotant, Jr., Mayor Ron C. Conlin, City Clerk I CITY OF CHUBBUCK RESOLUTION NO. WHEREAS, the City Council has entered into ,1 7ith i & C Construction, Inc., for :.he construction oC its to the Chubbuck City Offices located at 5160 YellowsLori- , Chubbuck, Idaho; and WHEREAS, the City has also entered into an agreement with The Idaho First National Bank and Citizens Development, Inc. (`or the purpose of conveying said improvements to and leasing back the same from Citizens Development, Inc.; WHEREAS, The Idaho First National Bank and Citizen:> Development, Inc. require the passage of certain resoluticm.,; as a condition to the consummation of the contemplated sale and leaseback; NOW, THEREFORE, BE IT RESOLVED: 1. That the City Council finds that the expenses i--- u,-red by the City in constructing the addition to the City Office, ;Io be an ordinary and necessary expense of the City, and in all o;-wc, ways in compliance with applicable laws. 2. That the City is authorized to enter into, and -.n Mayor and Clerk are hereby directed to execute on behalf of ; Jo-, -,_ty, a ground lease with Citizens Development, Inc., leasing gal property (more particularly described on Exhibit "A" her, -) upon which the addition to the City Offices has been constr_uci —i to Citizens Development, Inc. for a period of ten (10) years Oi: a rate of One Dollar ($1.00) per year. 3. That the City is authorized to sell and the Mayr)� ind City Clerk are directed to executed the Bill of Sale necw-, :;ary to convey the improvements to the City Offices to Citizen:. RESOLUTION - PAGE 1 jm CH -15 Development, Inc. for a sum not to exceed Two Hundred 1, yen Thousand, Three Hundred Ten Dollars ($214,310.00), ouncil further finds that such conveyance is in all respects; compliance with all applicable 'Laws. 4. That the City is authorized to enter into, aril Mayor and City Clerk are directed to execute a building lease �, the form annexed hereto as Exhibit "B" on the terms and condi't-Jons set forth therein, and the City Council finds that such expenditure by the City is a necessary and ordinary expense of the City and in all other respects in compliance with all applicable 5. That Citizens Development, Inc. is authorized to execute, as Grantor, a deed of trust to The Idaho First National Bank, as beneficiary, securing a guaranty of the City's building If-,-):3e attached hereto as Exhibit "B ". PASSED BY THE COUNCIL AND APPROVED BY THE MAYOR Of" Tl-- CITY OF CHUBBUCK, IDAHO, this ' day of 33. ATTEST: CITY CLERK RESOLUTION - PAGE 2 jm CH -15