HomeMy WebLinkAbout10.29.79 Special Council Minutes
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MINUTES
COUNCIL MEETING
SPECIAL
OCTOBER 29, 1979
1. The meeting was called to order by the Mayor at 7:00 P.M.
Present: Mayor Akin, Councilmen Johnson, Kuchera, Orr and Whittier
Also Present: Administrator Ford and Attorney Gorgos
2. The mayor made reference to the hand delivered written notice that had been
sent to all members of the council. The press was present.
3. The purpose of the meeting was to consider the request of Mid-America Dairymen,
Inc., that the City issue Municipal Industrial Revenue Bonds to facilitate an
expansion of their existing plant in Farmington. Mr. Irv Kilker, Manager, Northern
Division and Mr. John Goerss, Plant Manager, presented the request and answered
questions put to them. The City Administrator explained briefly the legal base,
the purpose and the mechanics of the Industrial Revenue Bond. He commented that
if the council proceeded, the matter should be referred to the City's Bond Consultant
and Mid-America representatives agreed to pay the consulting fees relative thereto.
The City Attorney informed the council that a public hearing in the matter is
required prior to any issuance of bonds. Motion by Whittier, second by Orr to
adopt Resolution No. R32-79 setting a public hearing to consider the issuance of
Industrial Revenue Bonds on behalf of Mid-America Dairymen in the amount of
$390,000 for 7:00 P.M., November 19, 1979 and that appropriate public notice of
same be made. APIF, motion carried.
4. Motion made and seconded to adjourn at 7:40 P.M.
Respectfully submitted,
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Wi II i am J. Ford
City Admlnistrator
APPROVED
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