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HomeMy WebLinkAbout1975-02-10city council minutesBwk 16 Page 33 SPECIAL MEETING February 10, 1975 9:30 &M. The meeting was called to order by Mayor Posley. The roll of the Council was called with the following Council members present: Gamboa, Carter, NOCluskey, Williams, and Banks. Absent: Dakan. (RESOLUTION NO. 6 - AUTHORIZING PAYMENT OF CLAIM. BY REGISTEFLRD WAR.RANTT) The Mayor said that this meeting was called to ask the Council to give authority to have an Airport Fund Warrant drawn payable to the Idaho First National Bank to bear interest at six percent. Theae warrants have not been printed as yet because the Council had not given their approval. The amount to be handled at this time would be $10,00000. The Mayor further explained to the Council that the reason for this situation was due to the fact that a warrant was issued to R� W. "Bab" Smith for $10,000.00 before preparation was made to handle this amount. Mr. Smith was issued the warrant for services concerning negotiation, appraisal review, relocation and acquisition for the new airport, The Mayor stated that Yr. NQrle Hamilton, Vanager of the Idaho First National Bank, was to pick up the warrant issued to Bob Smith at the Bank of Idaho and the Idaho First National Barak would hold this warrant until redeemed by the City of Caldwell, The Yhyor talked to Mr. Hamilton who gave his consent to this procedure. The City Attorney drew up a Resolution to cover the situation which was read by the Mayor as follows; RESOIDTION AUTHORIZING TAYMENT OF CLAIM BY REGISTERED WARRANT AND FIXING INTEREST RATE AT SIX PEKENT. WHEREAS, The City of Caldwell, Canyon County, State of Idaho, has determined by ordinance duly enacted to sell its existing airport; and WHEREAS, The City Council has determined that it is navesoarY to acquire alternate lands upon which to develop an airport; and WTE The City of Caldwell has made application to the Department of Transportation for federal participation in said airport acquisition and development; and WHEREAS, Said application to Department of Transportation has received preliminary approval; and WHEREAS, The City of Caldwell will expend funds far the aoqaisition of airport lands, which said funds mill be reimbursed by federal funds to the extend of 8 3-55 percent; and WHEREAS, it is necessary and an emergency existing that the City secure funds repayable on warrant out of which to pay existing obligations which said obligations have been duly provided for in the interim budget duly adopted by the City Council. NOW, THEREFORE, the Mayor and Clerk are hareby authorized and directed to pay the claim of Fobert Smith in the amount of $10,000.00 by money borrowed by Registered Warrant as provided by Section 31-2125, Idaho Code. Provided further that pursuant to Section 31-2124, Idaho Code, six percent (6%) is fixed as the rate of interest that said warrant shall draw. Councilman NbCluskey sponsored this Resolution. AD17D by YhCluskey, SECONDED by Gamboa that this Resolution be passed. The MAyar called for a roll call vote. Those voting yes: MbCluskey, nool,c 16 p age 34 Williams, Banks, Gamboa, and Carter. Absent and not voting: Dakan. MOTION CARRIE (AUTHORIZE PRINTING OF AIRPORT WARRANTS ) The Mayor said that at this time a motion Was also needed to authorize the printing of the airport warrants. It was MOVED by McCloskey, SECONDED by Williams that authorization be gi f or the printing of' the airport warrants. VnTTnT,T nAR?TT.n (REPORT FROM COUNCIL-AN BANZ3) Councilman Banks reported briefly concerning negotiations being conducted with the Fire Department concerning salaries. He said that he was not sure if the Department understood the situation as far as the monies available for t a raise in salaries. The Fire Chief was submitting his budget with a $50-00 raise requested for the men and Councilman Banks felt that they would request a mediator in regards to this problem. There being no further business, the meeting was adjourned at 1 0:15 A.M. APPROVED AS written THIS 184, DAY OF February , 1 975• Councilman Councilman -C� A iLl Counc - - omcig ATTEST- t Mayor 17