02/07/2006 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 2/7/2006 2000, dated as of September 1, 2000, for the purpose of improving the city's pazk and recreational facilities by remodeling, renovating, rehabilitating and otherwise improving the Recreation Center and are stated to mature on December 1, 2020; authorizing and directing the call for optional redemption on December 1, 2010 of all of the refunded bonds; and authorizing the execution and delivery of a bond registraz agreement and a bond purchase agreement with respect to the refunding bonds and an escrow agreement with respect to the refunding of refunded bonds. Finance Committee Chairperson Tallon said he was in receipt of the Fiscal Officer's Certificate. Ordinance No. 2006-28 was introduced and placed on first reading by Mayor O'Grady. An ordinance providing for the issuance and sale of bonds in the maximum aggregate principal amount $605,000 for the purpose of refunding at a lower interest cost the $560,000 of outstanding sanitary sewerage system improvement bonds, series 2000, that were issued as a part of a consolidated issue of various purpose improvement bonds, series 2000, dated as of September 1, 2000, for the purpose of improving the city's sanitary sewerage system by constructing sanitary sewers, force mains and pumping facilities and by constructing and reconstructing storm sewers and other storm water drainage facilities and improvements to control and limit the volume of storm water entering or otherwise affecting the sanitary sewerage system, in each case together with the necessary appurtenances and work incidental thereto, and are stated to mature on December 1, 2020; authorizing and directing the call for optional redemption on December 1, 2010 of all of the refunded bonds; and authorizing the execution and delivery of a bond registrar agreement and a bond purchase agreement with respect to the refunding bonds and an escrow agreement with respect to the refunding of refunded. bonds. Finance Committee Chairperson Tallon said he was in receipt of the Fiscal Officer's Certificate. Ordinance No. 2006-29 was introduced and placed on first reading by Mayor O'Grady. An ordinance providing for the issuance and sale of bonds in the maximum aggregate principal amount $265,000 for the purpose of refunding at a lower interest cost the $245,000 of outstanding storm water drainage system improvement bonds, series 2000, that were issued as a part of a consolidated issue of various purpose improvement bonds, series 2000, dated as of September 1, 2000, for the purpose of constructing, reconstructing and otherwise improving city storm sewers and storm water drainage facilities and are stated to mature on December 1, 2020; authorizing and directing the call for optional redemption on December 1, 2010 of all of the refunded bonds; and authorizing the execution and delivery of a bond registrar agreement and a bond purchase agreement with respect to the refunding bonds and an escrow agreement with respect to the refunding of refunded bonds. Finance Committee Chairperson Talton said he was in receipt of the Fiscal Officer's Certificate. Ordinance No. 2006-30 was introduced and placed on first reading by Mayor O'Grady. An ordinance providing for the issuance and sale of bonds in the maximum aggregate principal amount $1,500,000 for the purpose of refunding at a lower interest cost the $1,410,000 of outstanding Springvale Golf Course and Ballroom improvement bonds, series 2001, that were issued as a part of a consolidated issue of capital improvement and 16 ~~~~~~