HomeMy WebLinkAbout08 26 1976 CM COUNCIL MEETING MINUTES 97
August'26, 1976
Minutes of a special council meeting held in the city municipal building
August 26, 1976.
Present: Mayor John O. Cotant, Jr., Councilmen Boyd L. Fullmer, Dwain A. Kinghorn,
Earl L. Romriell, Wayne G. Taylor, Attorney Don Burnett and Clerk Vera Armstrong.
Meeting called to order at 8:00 p.m.
Purpose of meeting is to consider 1) Resolution certifying city tax needs 2)
Resolution transferring funds from General Fund Account to Water Revenue
Bond Account to pay claim of F. W. Kahley and Son Construction 3) Adopting
.Water Revenue Bond Ordinance and 4) Adopting Resolution callin for sale of
Water Revenue Bonds.
YEARLY TAX CERTIFICATION - The city needs to certify their tax needs to the
Bannock County AuditOr by the second monday of September. Mayor and Council
members discussed the amount to be certified.
Resolution # 4-76 - Certifying the levy against all the taxable property of
the city read in full by Mayor Cotant. The total amount to be certified
to the county auditor is $167,000.00. General Fund expenses requested equals
$145,000.00 and Fire Department expenses requested equals $22,000.00
Councilman Taylor moved to adopt Resolution # 4-76. Councilman Fullmer seconded
~JL motion to adopt Resolution #4 -76. Roll call vote: Fullmer, yes; Kinghorn, yes;
~0 Romriell, yes; Taylor, yes.
~\WATER BOND ORDINANC~A~EsoLUTION CALLING FOR SALE OF BONDS - Attorney Burnett
read the Water Revenue Bond Ordinance and Resolution calling for the sale of
Water Revenue Bonds. The ordinance and resolution was studied in its entirety
by mayor and council with the following actions taken on adoption.
Councilman Kinghorn introduced and moved the adoption of the following ordinance
entitled: "An ordinance concerning a bond series designated as the 'City of
Chubbuck, Idaho, Water Revenue Bonds, Series September 1, 1976,' in the aggregate
principal amount of $250,000, for the purpose of defraying the cost of im-
proving, extending and bettering the municipal water system for the city;
authorizing the issuance of the water revenue bonds, payable solely from the
rates and charges for the use of, and the service rendered by, the municipal
water system; providing the form, terms and conditions of such bonds, the
manner and terms of their issuance, the manner of execution, the method of
paying the bonds, and the security therefor; providing for the collection
and disposition of the revenues deprived from such system; prescribing other
details concerning the bonds and the system, including, without limitation,
covenants and agreements in connection therewith; ratifying action heretofore
taken toward so improving, extending and bettering the city's water system,
toward the issuance of the city's water revenue bonds therefor, and toward
holding the election; repealing all ordinances in conflict herewith; and
providing the effective date of this ordinance."
Councilman Fullmer moved and Councilman Romriell seconded that the rules
requiring ordinances to be fully read on different days be dispensed with
and that ordinance be read in full and placed upon its final passage.
Roll call vote: Cotant, yes; Fullmer, yes; Kinghorn, yes; Romriell, yes;
Taylor, yes.
Councilman Taylor moved for the adoption of Ordinance #170.
Resolution # 6-76 - Sale of Water Revenue Bonds read as part of ordinance
by Attorney Don Burnett. Councilman Fullmer moved for the adoption of
Resolution calling for the sale of the Water Revenue Bonds. Councilman
Taylor seconded motion. Roll call vote: Fullmer, yes; Kinghorn, yes,
Romriell~ yes~ Taylor~ yes.
WATER BOND ORDINANCE AND RESOLUTION CALLING FOR SALE OF BONDS cont'd -
After ComPletion of reading of Ordinance #170 Councilman Taylor seconded
motion for adoption of Ordinance #170. Roll call vote: Fullmer , yes;
Kinghorn, yes; Romriell, yes; Taylor, yes.
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Councilman Romriell moved and Councilman Kinghorn seconded the clerk of city
be ordered to publish ordinance in the Idaho State Journal.
RESOLUTION # 5-76 - Authorizing transfer of funds from General Fund Account
to Water Revenue Bond Account for payment of claim for storage facility
construction from F. W. Kahley and Son Construction read by Mayor Cotant.
Councilman Kinghorn moved to adopt Resolution #5-76. Councilman Romriell
seconded motion to adopt Resolution #5-76. Roll call vote: Fullmer, yes;
Kinghorn, yes; Romriell, yes; Taylor, yes.
Mayor Cotant presented claim from F. W. Kahley & Son Construction in the
amount of $26,710.20. Councilman Fullmer moved to pay the the F. W. Kahley
& Son Construction claim. Councilman Taylor seconded motion with all
councilmen voting in favor.
There was a general discussion of city problems; 1) Court procedures
2) sewer service payments and 3) sewer easement cleanup.
Meeting adjourned at 11:45 p.m.
Vera C. Armstrong
Jr., Mayor