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HomeMy WebLinkAbout3/24/97 MINUTBS WATBR BOARD REGULAR MARCH 24, 1997 1. The meeting was called to order by Member Wier. Members Present: Krueger, Wier. Members Absent: Shirley. Also Present: Finance Director Roland, Interim Engineer Mann. 2. MOTION by Krueger, second by Wier to approve the agenda as submitted. APIF, MOTION CARRIED. 3. MOTION by Wier, sec?nd by Krueger to approve the minutes of February 24, 1997, with corrections (Change references to Interim Engineer Mann to Engineer M'ark Rolfs). APIF, MOTION CARRIED. 4. MOTION by Krueger, second by Wier to approve a school and conference request for Gerald Bauer, Tom Hemish and Ben VanBlarcom. APIF, MOTION CARRIED. 5. The proposed Main Street project was discussed. It was decided there was a need for a 12 inch water main in this project. MOTION by Krueger, second by Wier to approve the construction/replacement of water main on the Main Street project. APIF, MOTION CARRIED. 6. Discussion took place on the Ash Street project, however, no action was taken. 7. Estimated options for the proposed new water tower, as well as costs for the site, a possible pumphouse and well were discussed. The estimated project cost is approximately $2.14 million. Additional options will be discussed at a later date. MOTION by Krueger, 2econd by Wier to approve an expenditure of $1500 for additional soil boring and analysis. APIF, MOTION CARRIED. 8. MOTION by Wier, second by Krueger to direct staff to draft a letter to construction workers regarding the use of the handrail on the present water tower. APIF, MOTION CARRIBD. The letter was to indicate that no one would be allowed to use the handrail or ladder on top of the tower since they were said to be unsafe. It was the opinion of the Water Board that since Sprint had agreed to bring all items to be used in antenna installation up to safety specifications, they must correct the condition of the handrail and ladder or assume all risks involved. 9. At this point in the meeting, a conference call to include Mr. Shirley, Mr. Krueger, Mr. Wier, Finance Director Roland and the financial consultant was arranged. The financial consultant gave information concerning bonding and costs involved, as well as payback options. Finance Director Roland recommended keeping present cash intact to be used to help pay for bonds as they come due. MOTION by Wier, second by Krueger to adopt a resolution to sell bonds in the amount of $2.14 million. The bonds are to have an option of early pre-payment. The bond sale date was set for April 21, 1997. APIF, MOTION CARRIED. A special meeting was set for April 21st to award the sale. 10. MOTION by Wier, second by Krueger to approve payment of bills in the amount of $4,883.96. APIP, MOTION CARRIED. 11. There being no further business, the Board agreed to adjourn. Submitted by, Marvin Wier Secretary