02-23-1995 Special Meeting CITY OF CLERMONT
MINUTES
SPECIAL COUNCIL MEETING
FEBRUARY 23, 1995
A special meeting of the City Council of the City of Clermont was held Thursday, February
23, 1995 in the Council Chambers. The meeting was called tO order at 6:30 p.m. by Mayor
Pool with the following Council Members present: Council Member Cole, Council Member
Sargent, and Council Member Norquist. Other City officials present were City Manager
Saunders, City Attorney Baird, and Finance Director Van Zile. Also present was Jerry
Wright representing Professional Financial Management Association, Inc. (PFM Inc.)
Lake Hills Utilities Acquisition
City Manager Saunders introduced Jerry Wright of PFM, Inc. to the Council and stated he
had been working with the City regarding the proposed acquisition of the Lake Hills Utility
system. Mr. Wright gave his presentation after giving each Council Member a copy of their
analysis. Mr. Wright concluded that the purchase of the system would be beneficial to the
City and the deal being proposed is good for the City using conservative assumptions.
The Council then discussed the ability to establish separate fee schedules for both impact fees
and monthly user fees and City Attorney Baird stated that since this will be a separate system
that separate fees can be established.
City Manager Saunders explained the proposed purchase price which is $1,500,000. There
would be approximately 200 connections that have been pre-paid which includes pre-paid
connections by Greater Construction and a $50,000 contribution from an adjacent property
owner which equates to approximately 53 connections.
It was a consensus of the Council that we an attempt to adjust the purchase price by the
$50,000 contribUtion should be made.
95-040a A motion was made by Council Member Norquist, seconded by Council
Member Cole, and carried unanimously to move ahead with the purchase qf
the Lake Hills utili~_ ~stem.
Financing methods were discussed for the system purchase. Mr. Wright of PFM, Inc. and
Finance Director Van Zile left the meeting at approximately 8:30 p.m.
CITY OF CLERMONT
MINUTES
SPECIAL COUNCIL MEETING
FEBRUARY 23, 1995
PAGE 2
Temporary Sewage Treatment System
City Manager Saunders next reviewed with the Council the negotiated price with Mack
Concrete for the construction of the temporary sewage treatment plant. He also discussed
the proposals for site work and electrical work.
95-040b
A motion was made by Council Member Cole. seconded bY Council Member
Norquist. and carried unanimously to approve the contract for Mack Concrete
_for the plant, site work to Rix Construction, and electrical work to Advance
ElectriC.
There being no further discussion, the meeting adjourned at 8:25 p.m.
Attest:
~ph E~Clerk