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HomeMy WebLinkAboutCouncil.Minutes.06-23-1995.Regular 251 Proceedings of the City Council, City of Cape Girardeau, Mo. Special $@SSIOtI June 23 19 95 S-tA�dn SPECIAL 5ESSION - JUNE 23, 1995 Council convened in special session on Friday, June 23, 1995, at 12:00 p.m. with Mayor A1 Spradling III presiding and Council Members Richard Eggimann, Melvin Gateley, Melvin Kasten, and Jack Rickard present. Tom Neumeyer and J.J. Williamson were absent. BILL NO. 95-136 was given first, second, and third readings as follows: AN ORDINANCE AUTHORIZING THE ISSUANCE OF $11,527,943:95 PRINCIPAL AMOUNT OF CAPITAL APPRECIATION SEWERAGE SYSTEM REVENUE BONDS (STATE REVOLVING FUND PROGRAM) SERIES 1995, OF THE CITY OF CAPE GIRARDEAU, MISSOURI, FOR THE PURPOSE OF EXTENDING AND IMPROVING THE CITY'S SEWERAGE SYSTEM; PRESCRIBING THE FORM AND DETAILS OF SAID BONDS AND THE COVENANTS AND AGREEMENTS MADE BY THE CITY TO FACILiTATE AND PROTECT THE PAYMENT 'T�IEREOF; PROVIDING FOR THE COLLECTION, SEGREGATION AND APPLICATION OF THE REVENUES OF THE SEWERAGE SYSTEM OF THE CITY FOR THE PURPOSE OF PAYING THE COST OF OPERATION AND MAINTENANCE OF SAID SYSTEM, PAYING THE PRINCIPAL OF AND INTEREST ON SAID BONDS, AND PROVIDING REASONABLE AND ADEQUATE RESERVE FUNDS; AND AUTHORIZING A NON-INTEREST BEARING LOAN FROM THE WATER AND WASTEWATER LOAN FUND OF THE STATE OF MISSOURI AND PRESCRIBING OTHER MATTERS RELATING THERETO A motion was made by Mr. Gateley and seconded by Mr. Eggimann to approve the first, second, and third readings of BILL NO. 95-136. A motion was made by Mr. Gateley and seconded by Dr. Kasten to amend the principal amount to $11,462,661.15. The motion was approved upon the following vote: Ayes, Eggimann, Gateley, Kasten, Rickard, Spradling. Nays, none. A motion was made by Mr. Gateley and seconded by Dr. Kasten to amend the text of the ordinance relative to some references to capital depreciation bonds that appear throiighout the body of the ordinance, as recommended by bond counsel. The motion was approved upon the following vote: Ayes, Eggimann, Gateley, Kasten, Rickard, Spradling. Nays, none. The motion to approve the first, second, and third readings of BILL NO. 95-136 was approved and the ordinance adopted upon the following vote: Ayes, Eggimann, Gateley, Kasten, Rickard, Spradling, Nays, none. BILL NO. 95-136 is ORDINANCE NO. 1737. Proceedings of the City Council, City of Cape Girardeau, Mo. Special _ SesSiOfl June 23 19 95— S�n�en BILL NO. 95-137 was given first, second, and third readings as follows: AN ORDINANCE APPROVING THE RECORD PLAT OF JAMES ADDITION NO. 2 The first, second, and third readings of BILL NO. 95-137 were approved and the ordinance adopted upon Mr. Eggimann's motion, Mr. Gateley's second, and the following vote: Ayes, Eggimann, Gateley, Kasten, Rickard, 5pradling. Nays, none. BILL NO. 95-137 is ORDINANCE NO. 1738. A motion was made by Mr. Gateley and seconded by Mr. Eggimann to approve the construction plans for Etherton Subdivision. The motion was approved upon the following vote: Ayes, Eggimann, Gateley, Kasten, Rickard, Spradling. Nays, none. The second regular City Council meeting in July was moved to July 24, 1995, upon Mr. Eggimann's motion, Dr. Kasten's second, and the following vote: Ayes, Eggimann, Gateley, Kasten, Rickard, Spradling. Nays, none. Mayor Spradling announced the resignation of Warren Wells, City Attorney, effective August 14, 1995. Wells has accepted a position as General Counsel for Northeast Missouri State University in Kirksville. The Council briefly discussed methods for reviewing and ranking the applicants for the position of City Manager. There being no further business, the Council adjourned upon Mr. Gateley's motion, Mr. Eggimann's second, and the following vote: Ayes, Eggimann, Gateley, Kasten, Rickard, Spradling. Nays, none. . A. M. Spradling III, or Ju i A. Dale, Deputy City Clerk