1999-11-08 JPWB Minutes
JOINT POWERS WATER BOARD SPECIAL MEETING
NOVEMBER 8, 1999
ST. MICHAEL CITY HALUPUBLIC WORKS FACILITY
5:00 PM
BOARD MEMBERS PRESENT Wayne Kessler, Barbara Irvtne, Duane Bermng
(alternate for John Olson), Ken Duerr, Tim Zunmerman, Bob Gundersen
BOARD MEMBERS ABSENT John Olson
CALL TO ORDER 5 04 PM
Brelf discussion by George Etlertson of Juran and Moody
MOTION BY IRVINE, SECONDED BY ZIMMERMAN TO
1 AUTHORIZE PASSAGE OF RESOLUTION PROVIDING FOR THE ISSUANCE
OF $5,025,000 WATER REVENUE BONDS, SERIES 1999 (CONSISTING OF A
$3,015,000 WATER REVENUE BOND, SERIES 1999A, A $1,658,250 WATER
REVENUE BOND, SERIES 1999B, AND A $351, 750 WATER REVENUE BOND,
SERIES 1999C), AND APPROVING A CONTINUING DISCLOSURE
UNDERTAKING AND JOINT POWERS FINANCING AGREEMENT AND
AUTHORIZING EXECUTION THEREOF
2 AUTHORIZE PASSAGE OF JOINT POWERS FINANCING AGREEMENT,
CONTINGENT UPON AN INTEREST RATE BEING RECEIVED OF LESS
THAN 6%
MOTION PASSED UNANIMOUSLY
MOTION BY IRVINE, SECONDED BY DUERR TO
1 AWARD CONSTRUCTION CONTRACT TO MOORHEAD CONSTRUCTION,
CONTINGENT UPON FINAL FUNDING AND REZONING
MOTION PASSED UNANIMOUSLY
MOTION TO ADJOURN MADE BY ZIMMERMAN, SECONDED BY DUERR.
MOTION PASSED UNANIMOUSLY (5 28PM)
Kelly Browrnng, Recordmg Secretary
spectalmtgll-8-99.Jp doc