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HomeMy WebLinkAbout06 10 1952 CM63 MINUTES OF TIIE REGULAR IJEETING OF THE BOARD OF TRUSTEES OF CHUBBUCK, IDAIIO, }~LD IN SAID VILLAGE, June 10, 1952. The regular meeting of the Board of Trustees of the Village of Chubbuck, Idaho, was called to order at 3:25 p.m. in the Fire Station of the Village of Chubbuck. Roll call of members was taken as follmvs: :q. Ward, present; Art Fenwick, present; E. Frasure, present; John Valenty, present; and George 6iannini, absent. The following bills were read and approved: McCarty' s Inc. Idaho Power Co. J. Valenty, Judge Ernie Sorrell Chubbuck Serv. Cor. Kennedy's 4.00 46.40 40.00 16.00 19.74 19.33 Atty. Black read to the Board thc annual estimate of expenses for the Village. It was moved by Art Fenwick and seconded by Ernest Frasure that this estimate be accepted. Motion carried. A copy of the above mentioned is on file in the office of the Village Clerk. Chrmn. Valenty next called the attention of the Board to the corrected Easement with the Count),. ffhis Easement 9ives the Village permission to run their water lines along Count), Roads.) It was moved by lq. R. Ward and seconded by Art. Fe~wick that this Easement be accepted. Motion carried. The next order of business was the adoption of the followin9 letter to the First Security Bank of Idaho. First Security Bank of Idaho, N.A. Pocatello Branch ?ocatello, Idaho Gentlemen: You are hereby authorized, empowered, and directed, by me, Treasurer of the Village of Chubbuck, Chubbuck, Idaho, to pay all warrants drawn by said Village, on me, as Treasurer, provided same are signed by Chairman and Clerk of said Village, and signed and designated by me as "cash warrant", to the same extent as if they were checks drawn by me as Treasurer of said Village. Said warrants so drawn are to be charged against the General Deposit Account of Village, standing in my name. You are further notified and directed not to pa), any warrant or warrants if the face of the warrant states, in substance, that the warrant has been presented for payment and not paid for want of funds. KEP~ETiI It, KENNEDY Treasurer, Village of Chubbuck 65 Cont 'd: We approve and ratify the above, and state and represent that the following are our signatures and the title of office. John R. Vale~ty Chairman Geo. §iannini Member of Board Charlotte T. Kennedy Clerk Signed this 13th day of June, 1952. Seal It was moved by Art. Fenwick and seconded by E. Frasure to adopt the above letter. ~Iotion carried. The contract between Lincoln Ure 5 Co., and tile Members of the Board was then read to all members present and held for action. It was moved by Art. Fenwick and seconded by E. Frasure that the contract be accepted. Motion carried by tile following roll call vote: Ward Aye, Fenwick Aye, Frasure Aye, and Yalenty Aye. It was moved by Art. Fenwick and seconded by E. Frasure that the official meeting place of the Board of Trustees be moved from the offices of I';. R. Ward to the Village Fire Station. Motion carried. W. R. Ward announced to the Board that there is a person available to talk to the Board and explain a recreation program that is available to communities. John Valenty moved and Art. Fenwick seconded the motion that W. R. Ward be appointed as a committee of one to get in contact with said person and invite him to speak to the Board at some convenient date. At this time there was a general discussion as to the sale of the $70,000.00 of Negotiable l~ater Works Revenue Bonds, and the fact that at the time bids were called for before to be submitted, on March 22, 1952, no bids were received for the bonds. After discussion thereof, the following Resolution was presented: Resolution. WIEREAS, the Board of Trustees of the Village of Chubbuck, Idaho, gave notice of its proposal to issue and sell the Negotiable Water Works Revenue Bonds of the Village of Chubbuck in the amount of $70,000.00, bearing interest not to exceed 4% per annum, redeemable in 20 years, on amortized plan, and requested bids to be filed therefor on ~iarch 22, 1952, up to two o'clock p.m., of said day, the bids to be opened at a Special Meeting of the Board, held on said March 22, 1952, and WItEREAS, no bids were filed or received by the Board for said bonds, and WI~REAS, the Board is now desirous of re-advertising its notice of proposal to issue and sell said bonds. NOW, TI~EFORE, Be it Resolved that the Board of Trustees re-advertise for bids for the sale of said above-described bonds and call for bids thereon to be filed with the Village up to July 3, 1952, at the hour of two o'clock p.m., said bids to be considered by the Board of Trustees and acted upon at a Special Meeting of the Board in the office of said Village. Be it Further Resolved, That the Notice of intention to sell said bonds, now presented to the Board, re-advertisin9 the said bonds for sale, be, and the same is hereby approved. Be it Further Resolved, That the said Notice be published three times on the dates of June 11, 13 and 25, 1952, in the Idaho State Journal, the official newspaper for publications of the Village, there being no newspaper published in said Village, and a copy of said Notice be mailed to the State Auditor of the State of Idaho at Boise, Idaho, at least 15 days prior to July 3, 1952. Be it Further Resolved, That the Board hold a Special ~leeting on July 3, 1952, at two o'clock p.m., for the purpose of receiving and taking whatever action the Board desires to take on bids filed and the sale of said bonds, as provided in said notice. It was moved by Art. Fenwick and seconded by Ernest Frasure that the foregoing Resolution be adopted. On roll call the vote was as follows: Fenwick Aye, Frasure Aye, Ward Aye and Valenty Aye. Whereupon the Chairman announced that the Resolution was adopted, and that the Clerk should have the Notice published and cause a copy of said Notice to be mailed to the State Auditor of the State of Idaho, at least 15 days prior to July 3, 1952. It was moved by Ernest Frasure and seconded by W. Ward that the meeting be adjourned. Carried. Meeting adjourned at ten o'clock p.m. ST: Clerk