09-29-2015 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 09-29-2015 the refunding of refunded Bonds, and declaring an emergency. Councilman Schumann stated that he is in receipt of the Fiscal Officer's Certificate. Ordinance 2015-82 was introduced and placed on first reading by Mayor Kennedy. An Ordinance providing for the issuance and sale of Bonds in a maximum aggregate principal amount of $340,000 for the purpose of refunding at a lower interest cost the $340,000 of the city's outstanding Street Improvement Bonds, Series2006T, that are stated to mature on December 1 in each of the years from 2017 through 2021 and were issued as a part of a consolidated issue of $7,775,000 Capital Improvement and Refunding Bonds, Series 2006A, dated as of May 3, 2006, to provide funds to pay costs of improving certain designated streets in the city, in cooperation with the Ohio Department of Transportation and otherwise, by preparing the surface, adjusting manholes and catch basins, surfacing and resurfacing and reconstructing curb ramps, where necessary, in each case together with the necessary appurtenances and work incidental thereto; authorizing and directing the call of all of the refunded Bonds for optional redemption; authorizing the execution and delivery of a Bond Registrar Agreement, a Continuing Disclosure Agreement and a Bond Purchase Agreement with respect to the refunding Bonds and an escrow agreement with respect to the refunding of refunded Bonds, and declaring an emergency. Councilman Kearney stated that he is in receipt of the Fiscal Officer's Certificate. Ordinance 2015-83 was introduced and placed on first reading by Mayor Kennedy. An Ordinance providing for the issuance and sale of Bonds in a maximum aggregate principal amount of$2,050,000 to provide funds to pay costs of renovating, remodeling, rehabilitating, furnishing, equipping and otherwise improving buildings and facilities in the city's Recreation Center Complex and improving and equipping their site, together with all necessary appurtenances and work incidental thereto; authorizing and directing the prepayment of an outstanding Note issued in anticipation of the Bonds; authorizing the execution and delivery of a Bond Registrar Agreement, a Continuing Disclosure Agreement and a Bond Purchase Agreement, and declaring an emergency. Councilman Kearney stated that he is in receipt of the Fiscal Officer's Certificate. Ordinance 2015-84 was introduced and placed on first reading by Mayor Kennedy. An Ordinance providing for the issuance and sale of Bonds in a maximum aggregate principal amount of $1,390,000 to provide funds to pay costs of improving the city's storm water drainage system by replacing a culvert in Windsor Drive, and constructing, reconstructing and otherwise improving storm water detention basins, infiltration trenches, swales, storm sewer lines and other related improvements, in each case together with work incidental thereto; authorizing and directing the prepayment of outstanding Notes issued in anticipation of the Bonds; authorizing the execution and delivery of a Bond Registrar Agreement, a Continuing Disclosure Agreement and a Bond Purchase Agreement, and declaring an emergency. Councilman Kearney stated that he is in receipt of the Fiscal Officer's Certificate. Ordinance 2015-85 was introduced and placed on first reading by Mayor Kennedy. An Ordinance providing for the issuance and sale of Bonds in a maximum aggregate principal amount of$245,000 to provide funds to pay costs of acquiring mowers, utility vehicles, a fertilizer spreader, a top dresser, a turbine blower, a roller and other equipment 2