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Please note there are Two Council Meetings for Monday: one is a special council meeting, and the second is a workshop meeting:
AGENDA
SPECIAL MEETING
Monday, October 28, 2002 3:45 p.m.
City Hall Council Chambers,
206 East Third Street, Second Floor
PLEDGE OF ALLEGIANCE
1. Administration of Oath of Office to Jon Kimberling - Chris Bainbridge
2. Bond Ordinances for Wastewater Treatment Plant - Don Palmer/Dana Wetzel
On August 2, 1999, Ordinance 99-28 was approved to provide for the issuance of sewer revenue bonds. On January 5, 2002, the District Court of the Second Judicial District of Idaho, issues its Findings that the City has the authority to issue revenue bonds in the total aggregate amount of $13,000,000. Ordinance 99-28 provided for supplemental ordinances under which all or a portion of the principal amount of the bonds could be sold separately. On May 15, 2000 the City issued sewer revenue bonds in the aggregate principal amount of $3,000,000 to construct a portion of the project. Since then the City has secured with Idaho Department of Environmental Quality (IDEQ) a $10,000,000 construction loan for the purpose of building the City's wastewater treatment facility. The City now desires to provide long term financing for the remaining $10,000,000 construction loan.
ACTION:
1. Ordinance No. 2002-19 issuing and selling the bonds to DEQ: approve ordinance under suspension of the rules requiring three complete and separate readings and that it be read by title only, and authorize the Mayor's signature thereon.
2. Ordinance No. 2002-20 authorizing simultaneous refunding of the DEQ bonds and issuing and selling the refunding bonds to Seattle NW Securities: approve ordinance under suspension of the rules requiring three complete and separate readings and that it be read by title only, and authorize the Mayor's signature thereon.
3. Approve (by separate motion) Summary Ordinance of Ordinance 2002-20.
Adjourn to Workshop
AGENDA
MOSCOW CITY COUNCIL
WORKSHOP MEETING
October 28, 2002 4:00 p.m.
City Hall Council Chambers - 206 East Third Street
Second Floor
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WELCOME - Steve Busch, Council President
4:00 p.m.
Organization Funding Requests Presentations
5:30 p.m.
Evaluation and Ranking of Requests
NOTICE: Individuals attending the meeting who require special assistance to accommodate physical, hearing, or other impairments, please contact the City Clerk, at (208) 883-7015, as soon as possible so that arrangements may be made.