Loading...
HomeMy WebLinkAbout05-28-1982 Special MeetingSTATE OF ALABAMA X COUNTY OF BALDWIN X We, the undersigned members of the Fairhope City Council, do hereby waive notice of a special -called meeting to be held 28 May 1982 at 5:00 o'clock, P.M., City Admin- istration Building, 387 Fairhope Avenue, Fairhope, Alabama, for the purpose of business concerning the balance of the FmHA Loan for Phase B, Waterline Extension ($338,000); and to discuss Civic Center financing. I David E. Bishop absent. Trisha Nelson absent. O City C11,krk e//+-, i > Councilmem er Councilmem er Councilmember 379 STATE OF ALABAMA X COUNTY OF BALDWIN X The City Council, City of Fairhope, met in special session at 5:00 o'clock, P.M., City Administration Building, 387 Fairhope Avenue, Fairhope, Alabama 36532, on Friday, 28 May 1982. Present were Mayor James P. Nix, Councilmembers Roy C. White, C. 0. McCawley, and Sam E. Box; City Attorney Jim Reid and City Clerk Evelyn Phillips. Councilmembers David Ed Bishop and Trisha Nelson were absent. The purpose of this meeting was to discuss financing for the Municipal Civic Center Complex project, and business re- lating to Phase B of the FmHA Waterline Extension project. Councilman McCawley introduced, and moved for the adoption of, the following resolution. Seconded by Councilman White, motion passed unanimously by the following vote: AYE - Box, White, McCawley, and Nix. NAY - none.: RESOLUTION NO. 40-82 BE IT RESOLVED by the Governing Body of the City of Fairhope, Alabama, that the Mayor and the City Clerk - Treasurer are hereby authorized to negotiate temporary financing in the amount of ONE MILLION DOLLARS, ($1,000,000), for a Five-year Term, with a repayment clause when Bond Market is favorable, with CENTRAL BANK, N.A., for the purpose of financing the Municipal Civic Center Complex project. ADOPTED THIS 28th DAY -OF MAY, 4982. 11 ty Mayor Nix advised Council that a meeting had been held with Farmers Home Administration representative Phil Pridgeon, Moore Engineering Company - Mr. Ack Moore and Mr. Thad Ingram - Attorney John V. Duck, Water Superintendent Mike Rejc'zyk, and City Clerk Evelyn Phillips, on Thursday, May 27th, to discuss Phase B of the Waterline Extension project. The FmHA Loan approved amount is $2,530,000. The recently completed portion, Phase A, totaled $2,192,000; we are now ready to begin Phase B, for the remaining loan amount of $338,000. The following busi- ness is a number of agreements required of the governing body by Farmers Home Administration (FmHA): 5/28/82 Councilman Box moved to adopt and authorize the Mayor to execute Loan Resolution No. 41-82 (FmHA Form 442-47, Rev. 2-5-81). Seconded by Councilman McCawley, motion passed unan- imously by the following vote: AYE - Box, McCawley, White, and Nix. NAY - none. Councilman Box moved to adopt and authorize the Mayor to execute the Operating Budget (FmHA Form 442-7, Rev. 8-12-76). Seconded by Councilman McCawley, motion passed unanimously by the following vote: AYE - Box, McCawley, White, and Nix. NAY - none. Councilman Box moved to adopt and authorize the Mayor to execute the Equal Opportunity Agreement (FmHA Form 400-1, Rev. 6726-72). Seconded by Councilman White, motion passed unanimously by the following vote: AYE - Box, White, McCawley, and Nix. NAY - none. Councilman McCawley moved to adopt and authorize the Mayor to execute the Assurance Agreement (FmHA Form 400-4,• Rev. 8-29-79). Seconded by Councilman Box, motion passed unanimously by the following vote: AYE - Box, McCawley, White, and Nix. NAY - none. Councilman Box moved to adopt and authorize the Mayor to execute the Agreement for Engineering Services between the City and Moore Engineering Company of Fairhope (FmHA Form 1942-19, Rev. 10-15-80). Seconded by Councilman McCawley, motion passed unanimously by the following vote: AYE - Box, White, McCawley, and Nix. NAY - none. Meeting was duly adjourned.