HomeMy WebLinkAbout05.21.75 Special Council Minutes APPROVED �oZ�
MINUTES
COUNCIL MEETING
SPECIAL
MAY 21, 1975
The meeting was called to order at 7:00 P.M. by the Mayor
Present: Mayor Daily, Councilmen Johnson, Kuchera, McElmury
Absent: Councilman Akin
Also Present: Administrator Ford, Ron Langness of Springsted
The purpose of the meeting was to open bids which had been received in the
amount of $670,000 which would finance the construction of a new Multi-purpose
Arena. Ron Langness informed the council that he had three bids which he was
then instructed to open and read to the council which he did. Tabulation of
bids as follows:
Bancnorthwest 6.3674180
The First National Bank of St. Paul 6.460460
Piper, Jaffray $ Hopwood, Inc. 6.4847%
Councilman Johnson then inquired of Mr. Langness whether he had received the
results of the reviewing attorneys. Mr. Langness indicated that he had.
Councilman Johnson then asked whether or not the Bond review Attorneys had
found that the bidding procedures throughout, in this instance, had met the
requirements of the State Competitive bidding Law. Ron Langness answered in
the affirmative. He was then asked whether, for bond review purposes the
determination had been made as to the propriety of the plans and specifications
on which the bids had been received for the construction of the arena and
again he aswered in the affirmative. Councilman Johnson then, on behalf of
the council, asked if Mr. Langness could furnish to the council a copy of the
reviewing attorneys opinion and again he was informed that that would be done.
The Mayor then informed the council that he would entertain a motions to adopt
necessary resolutions. Motion by Kuchera, second by McElmury to adopt .
resolution #R56-75 Award-l—ng-7ffe sale of bonds upon recommendation of the
Bond Consultants to Bancnorthwest in the total amount of $409,425.00 at a
net interest yield of 6.3674%. APIF, motion carried.
Motion by Kuchera, second by McElmury to adopt resolution #R57-75 approving
the Form in preparation of bonds and coupons. APIF, motion carried.
Motion by johnson, second by Kuchera that the Administrator be instructed
to write and to send a letter on behalf of the council to State Representatives
James White and Robert Jensen and State Senator George Conzemius thanking them
for their efforts involving certain matters of critical interest to Farmington
during the last legislative session. APIF, motion carried.
Motion by Kuchera, second by McElmury authorizing the General Services Super-
intend
uper-
in ne dent to purchase grass trimming equipment in the amount of $260.00. Such
purchase to come from the Capital Outlay item in the PARAC budget under chain
link fencing. APIF, motion carried.
Motion made and carried to adjourn at 8:00 P.M.
Respectfully submitted,
William J. Ford
City Administrator
WJF/kf