11-29-1983 Special Meeting
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CITY OF CLERMONT
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MINUTES
SPECIAL COUNCIL MEETING
November 29, 1983
A Special Meeting of the City Council of the City of Clermont was held
on Tuesday, November 29, 1983 in the City Council Chambers. The Meeting
was called to order at 6:45 p.m. by Mayor Beals with the following Council
Members in attendance: Council Member Dupee and Council Member Turville.
Council Members Pool and Cole were absent. Other City Officials present
were: City Manager Forbes and City Attorney Baird.
Mayor Beals explained that the purpose of this meeting was to adopt
Resolution No. 459 which will allow the City to close on bonds for the
Municipal Sprayfield Improvements to the Wastewater System. This 1.2
million dollar project is being financed by a $700,000 loan at 11.375%
interest and a $500,000 grant through the Farmers Home Administration.
City Attorney Baird explained that the Farmers Home Administration requires
the closing on the loan before the bond closing,can occur.
The bond closing is scheduled for 10:30 a.m., Friday, December 2, 1983 in
the City Hall Conference Room.
83-206 After some discussion, A MOTION WAS MADE BY COUNCIL MEMBER TURVILLE,
SECONDED BY COUNCIL MEMBER DUPEE, AND UNANIMOUSLY CARRIED BY ROLL CALL
VOTE TO ADOPT RESOLUTION NO. 459 WHICH AUTHORIZES THE ISSUANCE OF
1982 WATER AND SEWER REVENUE BOND ANTICIPATION NOTES NOT EXCEEDING THE
PRINCIPAL AMOUNT OF $700,000. VOTING WAS AS FOLLOWS: MAYOR BEALS, AYE,
COUNCIL MEMBER DUPEE, AYE, AND COUNCIL MEMBER TURVILLE, AYE. THE RESO-
LUTION WAS READ BY TITLE ONLY.
There being no further business, the meeting adjourned at 7:00 p.m.
_(]~.- /3. fLe...L
CHARLES B. BEALS, MAYOR
ATTEST:
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WAY~AUNDERS, CITY CLERK