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Home My WebLink About12-04-84 • • i CITY OF LAKEVILLE SPECIAL COUNCIL MEETING DECEMBER 4, 1984 The meeting was called to order by Mayor Zaun at 7:00 p.m. at City Hall. Roll call was taken. Present: Council members Harvey, Nelson, Sindt, and Mayor Zaun. Absent: Council member Enright. Also present: Dennis Feller, Finance Director; Patrick McGarvey, City Administrator/Clerk. At this time Mr. Jerry Shannon from Springsted, Inc. presented the bids received in the sale of $125,000 of general obligation city bonds for three different projects. Mr. Shannon opened the bids and read them for the council. Mr. Shannon recommended that the city accept and approve the low bid from First Bank Minneapolis at the interest rate of 9.40879%. 84.65 6 Motion was made by Harvey, seconded by Sindt to receive the five bids. Roll call was taken on the motion. Ayes, Harvey, Nelson, Sindt, Zaun. 84.657 Motion was made by Nelson, seconded by Sindt to adopt Resolution No. 84-171 awarding the sale of the $625,000 of general obliga- tion bonds to First Bank of Minneapolis. Roll call was taken on the motion. Ayes, Nelson, Sindt, Zaun, Harvey. 84.658 Motion was made by Sindt, seconded by Harvey to adopt Resolution No. 84-172 approving the sale of the $170,000 of general obligation certificates of indebtedness as a part of the above issue. Roll call was taken on the motion. Ayes, Sindt, Zaun, Harvey, Nelson. 84.659: Motion was made by Nelson, seconded by Sindt to adopt Resolution No. 84-173 approving the $260,000 of general obligation tax increment bonds as a part of the above issue. Roll call was taken on the motion. Ayes, Zaun, Harvey, Nelson, Sindt. 84.660 Motion was made by Harvey, seconded by Nelson to adopt Resolu- tion No. 84-174 approving the sale of $195,000 of general obligation tax increment bonds as a part of the above issue. ~ + J , • • CITY OF LAKEVILLE SPECIAL COUNCIL MEETING December 4, 1984 Roll call was taken on the motion. Ayes, Harvey, Nelson, Sindt, Zaun. 84.661 Motion was made by Harvey, seconded by Nelson to approve change order number three to Joseph Construction Co. for work on the police station in the amount, of $4,634.00 after discussing the matter with the architect, Mr. Robert Lambert. Roll call was taken on the motion. Ayes, Nelson, Sindt, Zaun, Harvey. 84.662 Motion was made by Harvey, seconded by Nelson to adjourn the special council meeting. Roll call was taken on the motion. Ayes, Sindt, Zaun, Harvey, Nelson. Time: 8:50 p.m. Respectfully submitted, 1' Patrick E. McGarvey, City Cle Du ne Zaun, Mayo 2 r . I • CITY OF LAKEVILLE AGENDA SPECIAL COUNCIL MEETING DECEMBER 4,.1984 7:00 P.M. CITY HALL 1. Roll call. 2. Open bids on the sale of $625,000 general obligation bonds and receive the recommendation of the bond consultant on the sale. a. Resolution approving the sale of the bonds. 3. Any other business. 4. Adjourn.