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HomeMy WebLinkAbout1-15-2008 URBAN RENEWAL SPECIAL MEETING MINUTES MEETING MINUTES Special Meeting • CALDWELL URBAN RENEWAL AGENCY January 15, 2008 - 12:OQ noon City Administrative Offices, Conference Room A special meeting of the Caldwell Urban Renewal Agency was held January 15, 2008 at 12:06 noon in the Conference Room at the City Administrative Offices, with Chairman Waite presiding. The roll was called; those present were ElJay Waite and Garret Nancolas; Rob Hopper and Leona Fouts were present via conference ca1L Motion to approve the agenda: Fouts/Hopper M/S/P OLD BUSINESS Chairman Waite introduced Resolution 2008-1 for revenue allocation bonds with a principal amount of up to $8,000,000.00 for the acquisition and construction of sewer treatment facility improvements. RESOLUTION NO. 2008-1 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO, SPECIFYING AND ADOPTING A PLAN FOR THE ACQUISITION AND CONSTRUCTION OF SEWER TREATMENT FACILITY IMPROVEMENTS; SPECIFYING THE ESTIMATED COST; AUTHORIZING THE ISSUANCE OF UP TO $8,000,000 PRINCIPAL AMOUNT OF REVENUE ALLOCATION BONDS; DESCRIBING SAID BONDS; PROVIDING FOR THE COLLECTION, HANDLING AND DISPOSITION OF REVENUE • ALLOCATION PROCEEDS; AUTHORIZING AND CREATING CERTAIN FUNDS AND ACCOUNTS FOR USE OF THE BONDS; AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT; PROVIDING FOR AN EFFECTIVE DATE OF THIS RESOLUTION; AND PROVIDING FOR OTHER MATTERS PROPERLY RELATING THERETO. Motion to sponsor and approve Resolution No. 2008-1: Hopper/Nancolas M/S/P There being no further husiness: Motion to adjourn: Fouts/Hopper M/S/P Meeting adjourned 12:10 PM Respectfully Submitted, Leona R. Fouts Secretary �