HomeMy WebLinkAbout1975-12-31city council minutesBook 16
SPECIAL MEETING
December 31, 1975
2:00 P.M.
The meeting was called to order by Mayor Pasley.
Page 249
The roll of the City Council was called with the following
members present: Gamboa, Dakan, Carter, McCluskey, and
Williams. Absent: Banks.
(RESOLUTION NO. 30 -75 - NEW AIRPORT)
The Mayor explained to the City Council that the City had
outstanding Registered Warrants in the amount of $114,911.37.
The City of Caldwell's share of that was $53,532.83; the down
payment on the purchase of the old airport of $50,000.00 plus
the accrued interest totals $53,755.00. This would leave the
City of Caldwell about $223.00 to the good. The Mayor further
stated that the City Attorney, Bob Tunnicliff, prepared a
Resolution authorizing the City to apply the ten percent
down payment received on sale of airport site, together with
accrued interest thereon, to retire the City's portion of
outstanding registered warrants. The balance of Registered
Warrants outstanding equals the amount the F.A.A. owes the
City for the F.A.A.'s obligation on the new airport site.
The Mayor asked Councilman Dakan to read this proposed
Resolution as follows:
RESOLUTION AUTHORIZING AND DIRECTING MAYOR, CLERK AND
TREASURER TO APPLY TEN PERCENT (10 %) DOWN PAYMENT RECEIVED
ON SALE OF AIRPORT SITE, TOGETHER WITH ACCRUED INTEREST
THEREON, TO RETIRE REGISTERED WARRANTS.
WHEREAS, The City of Caldwell, County of Canyon,
State of Idaho, has determined by ordinance duly enacted
to sell its existing , airport; and
WHEREAS, Said existing airport was sold by ordinance
because of its total inadequacy as an airport as determined
by the City of Caldwell, State of Idaho, and the Federal
Aviation Administration, which said airport is in a
deteriorated and dilapidated condition, and further, which
said airport cannot be operated without creating an
immediate condition of danger to residents, industry,
businesses and hospital within the City of Caldwell; and
WHEREAS, On or about June 4, 1974, a public auction
was conducted for bids for the purchase of said airport
property by the City of Caldwell; and
WHEREAS, Earl Barnard, on behalf of Barnard &
Company, entered a bid of $500,000.00, providing for a
$50,000.00 down payment; and
WHEREAS, As a term and condition of said notice of
bid and bid it was provided that said $50,000.00 would
be placed in a Time C.D. account with interest to accrue
thereon, and in the event the City of Caldwell did not
receive funding from the Federal Aviation Administration
pursuant to its application dated March 1, 1974, to the
Federal Aviation Administration, then and in that event
said $50,000.00, together with interest thereon, would
be returned to Earl Barnard of Barnard & Company; and
WHEREAS, Pursuant to said condition of sale said
$50,000.00 was placed in a Time C.D., which said Time
Book 16
C.D. matured December 31, 1975; and
Page 250
WHEREAS, On or about'April 25, 1975, the City of
Caldwell was awarded a land acquisition grant by the
Federal Aviation Administration pursuant to the
application which was made March 1, 1974; and
WHEREAS, On or about June 4, 1975, the City of
Caldwell was awarded an airport construction grant by the
Federal A Administration pursuant to the application
which was made March 1, 1974;
NOW, THEREFORE, The Mayor, Clerk, and Treasurer
of the City of Caldwell, County of Canyon, State of
Idaho, are hereby authorized and directed to apply,
on behalf of the City of Caldwell, the proceeds from
said $50,000.00 and interest accrued thereon to retire
existing registered warrants incurred pursuant to
resolution duly adopted by the City of Caldwell, County
of Canyon, State of Idaho.
Councilman Dakan sponsored the R
MOVED by Dakan, SECONDED by Gamboa that this Resolution be
passed.
The Mayor called for a roll call vote. Those voting yes:
Dakan, Carter, McCluskey, Williams, and Gamboa. Absent and
not voting: Banks.
MOTION CARRIED
(DISCUSSION REGARDING NEW AIRPORT)
The City Attorney, Bob Tunnicliff, gave a status report on
the proceedings of the new airport so far. Much discussion
followed with the City Council and the Mayor as to decisions
regarding procedures forthcoming as well as reviewing the
procedures to date.
There being no further business, the meeting was adjourned
at 3:30 P.M.
APPROVED AS written THIS 6th DAY OF January , 1976.
i - Mayor
CouncXIman ou ci man
� Councilman Councilman
ATTEST:
City CA43