04/30/2002 Meeting Minutes - Laserfiche WebLink

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Special Council Minutes 4/30/2002 Drive and Wisteria Drive. The bond interest is estimated to be 5% per year and the notes at the highest amount of 4 1/2%. The committee recommended approval. • Ordinance 2002-55, which provides for the issuance and sale of notes in the maximum aggregate principal amourrt of $290,000, in anticipation of the issuance of bonds to pay the costs for improving the municipal distribution system by relining and otherwise improving waterlines, together with the necessary appurtenances and work incidental thereto. This ordinance is necessary to complete the water main projects along with the Community Development Block Grant funds of $105,000. The streets involved are Summerland, Virginia, Macl3eth and Esther. The committee recommended approval. LEGTSLATIQN Ordinance No. 2002-54 introduced by Councilman McKay was given its third reading. An ordinance providing for the issuance and sale of notes in a maximum aggregate principal amount of $1,375,000, in anticipation of the issuance of bonds, to pay costs of improving certain designated streets in the city, in cooperation with the Ohio Department of Transportation and otherwise, by grading, draining, widening, replacing sections of pavement, preparing the surface, surfacing and resurfacing, constructing and reconstructing sections of the pavemem base, curbs, gutters, catch basins, sidewalks and driveway approaches and installing traffic signs, signalization and signalization systems, where necessary, in each case together with the necessary appurtenances and work incidental thereto. Councilman McKay moved for adoption. The motion was seconded by Councilman Limpert and passed unanimously. Ordinance No. 2002-54 adopted. Ordinance No. 2002-55 introduced by Councilman McKay was given its third reading. An ordinance providing for the issuance and sale of notes in a maximum aggregate principal amount of $290,000, in anticipation of the issuance of bonds, to pay costs of improving the municipal water distribution system by relining and otherwise improving waterlines, together with the necessary appurtenances and work incidental thereto. Councilman McKay moved for adoption. The motion was seconded by Councilman Limpert and passed unanimously. Ordinance No. 2002-55 adopted. Ordinance No. 2002-61 was iirtroduc~ and placed on first reading by Mayor Musial. An ordinance authorizing the Director of Public Service to request proposals fram land surveyors for a land survey for the new North Olmsted branch library; further, authorizing the Mayor to enter into an agreement with the surveyor selected in the RFP process; and declaring an emergency. Ordinance No. 2002-62 was introduced and placed on first reading by Mayor Musial. An ordinance authorizing the Director of Public Service to request proposals for geotechnical engineering services for the new North Olmsted branch library; further, authorizing the Mayor to enter into an agreement with the firm selected in the RFP process; and declaring an emergency. 2