BOARD OF ALDERMEN
Mayor Pro Tem Marvin
Ward 1 Alderman Jim Brooks. Present
Ward 1 Alderman Deborah Butcher Present
Ward 2 Alderman David McCoy Not present w/prior notice
Ward 2 Alderman David Rittman Present
Ward 3 Alderman Marvin Ferguson Present
Ward 3
Ward 4 Alderman Marc Sportsman Present
Ward 4 Alderman Brian
Atkinson Present
Also attending:
City
Administrator Joe Turner
Chief Bill
Hudson
Janet Garms,
Kutak Rock LLP
Michael Short,
V.P. Oppenheimer & Co.
Jim Farley,
Attorney for
Richard Kopp,
Managing
Karen Kopp,
Carla Marshall, Bill Scheidker
Media: Nancy Jack for The Luminary
Stacy Wiedmaier
for The
ALDERMAN BUTCHER MOVED TO OPEN THE PUBLIC HEARING REGARDING
THE VOLUNTARY ANNEXATION REQUEST FROM
Mayor Pro Tem Marvin
Mayor Pro Tem Marvin
Mayor Pro Tem Marvin
Mayor Pro Tem Marvin
Mayor Pro Tem Marvin
Mayor Pro Tem Marvin
ALDERMAN RITTMAN MOVED TO CLOSE THE PUBLIC HEARING REGARDING
THE VOLUNTARY ANNEXATION REQUEST FROM
Ordinance
to Accept Annexation Request
City Administrator Joe Turner explained that this small
3.27-acre parcel being considered for annexation is in the Brush Creek
Neighborhood Improvement District (NID) boundaries but outside
IT WAS MOVED BY ALDERMAN RITTMAN AND SECONDED BY
ALDERMAN BROOKS THAT BILL 2325, AN ORDINANCE ANNEXING A PARCEL OWNED BY
IT
WAS MOVED BY ALDERMAN SPORTSMAN AND SECONDED BY ALDERMAN BROOKS THAT BILL 2325
BE APPROVED ON FIRST READING AND PASSED TO SECOND READING BY TITLE ONLY. ALL AYE, MOTION
CARRIED.
IT
WAS MOVED BY ALDERMAN RITTMAN AND SECONDED BY
Ordinance Authorizing Temporary Notes for the Brush Creek Drainage NID
City Administrator Joe Turner explained the need for approval of these
General Obligation Temporary Notes. He
said this was necessary in order to proceed with reimbursement of the costs
associated with this project and to hire an engineer for final review and
approval of the project. Alderman
Rittman asked if both the bond counsel and finance counsel approve this. Mr. Turner said yes.
Janet Garms reported that $3,620,000 and, if necessary, an additional 25% can be assessed against the NID. Ms. Garms pointed out that any expenses above that would have to be covered by the city or requested through an amended petition.
Some discussion followed regarding a request by Mr. Kopp for a
statement from the underwriter regarding the percent applied in the cost of
issuance category and full disclosure on the breakdown of attorney fees. There also was discussion on the
reimbursement of City Engineer Jay Norco’s expenses related to this
project. Alderman Sportsman said that he
recalled a meeting early on where the question was asked how we as a city with
such a limited budget could support this project. He further noted that the agreement was made
at that time that the field study could be done by the City Engineer and
reimbursed from the General Obligation Notes.
Alderman Atkinson said he was hesitant to move forward with this
obligation if we’re not all on the same page.
Mr. Short noted that actual bond costs have decreased from the original
samples provided.
Attorney Jim Farley addressed the board on behalf of the
applicant. He said they are definitely
ready to move forward with this project and request that the board proceed with
their vote on this matter tonight.
IT WAS MOVED BY ALDERMAN SPORTSMAN AND SECONDED BY
ALDERMAN ATKINSON THAT BILL 2326, AN ORDINANCE AUTHORIZING THE ISSUANCE OF
TEMPORARY NOTES FOR THE BRUSH CREEK DRAINAGE NEIGHBORHOOD IMPROVEMENT DISTRICT
FOR FIRST
IT
WAS MOVED BY ALDERMAN SPORTSMAN AND SECONDED BY ALDERMAN RITTMAN THAT BILL 2326
BE APPROVED ON FIRST READING AND PASSED TO SECOND READING BY TITLE ONLY. ALL AYE, MOTION
CARRIED.
IT
WAS MOVED BY ALDERMAN SPORTSMAN AND SECONDED BY ALDERMAN RITTMAN THAT BILL 2326
BE APPROVED ON SECOND READING TO BECOME ORDINANCE 2305. ALL AYE BY ROLL CALL
VOTE. MOTION CARRIED 7-0.
Bill
2326 was posted on 12/11/06
ALDERMAN ATKINSON MOVED TO
ADJOURN; ALDERMAN BROOKS SECONDED; ALL AYE; MOTION CARRIED 7-0.
The
meeting closed at approximately 7:00 p.m.
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