03-07-1996 Special Meeting CITY OF CLERMONT
MINUTES
SPECIAL COUNCIL MEETING
MARCH ?, 1996
A special meeting of the City Council of the City of Clermont was held Thursday,
March 7, 1996 in the Conference Room at Clermont City Hall. The meeting was
called to order at 6:00 p.m. by Mayor Pool with the following Council Members
present: Council Member Cole, Council Member Dupee, Council Member Sargent,
and Council Member Norquist. Also present was City Manager Saunders, Finance
Director Van Zile, City Attorney Baird, Lavon Wisher of PFM, Craig Hunter and
John White of William R. Hough & Co.
NEW BUSINESS
Resolution No. 902
City Manager Saunders explained that the purpose of the meeting was to authorize the
purchase agreement for the bond issue to fund the new sewage treatment facility.
Lavon Wisher then explained in detail the bond anticipation note and the subsequent
bond issue scheduled for the year 2000. John White then reviewed the procedures for
the purchase and closing of the bond issue.
Mayor Pool then asked City Attorney Baird if he had reviewed the bond issue and
documents. City Attorney Baird indicated everything was in order and he had no
comments. Mayor Pool then read Resolution No. 902 by title only.
96-067
A motion was made by. Council Member Sargent, seconded by Council
Member Dupee, and carried unanimously by roll call vote to adopt
Resolution No.. 902.
John White then presented to Mayor Pool a good faith check amounting to 1% of the
purchase price of the bond issue.
There being no further discussion, the meeting adjourned at 6:35 p.m.
&uist,~-/~May,or~'
CITY OF CLERMONT
MINUTES
SPECIAL COUNCIL MEETING
MARCH 7, 1996
Page 2
Attest:
~seph~ity Clerk