03-26-1971 Regular Meeting
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MINUTES
SPECIAL MEETING
No. 725
A Special Meeting of the City Council of the City of Clermont was
held in the Council Chambers on Friday. March 26. 1971. The meeting
was called to order at 7:30 P. M. by Mayor Don E. Smith with the
fOllowing members present: Councilwoman Watson and Councilmen VanderMeer.
Cochran ~nd Beals. Other officials present were: City Manager Hopkins.
City Controller Fleming. City Clerk Carroll and City Attorney Langley.
Others present were: Mr. Stewart Hartman and Floyd Groo.. Representatives
of the local Press ~ere also present.
Mr. Hartman. fis.cal agent representative of the city.s investment
banker. Leedy. Wheeler I Alleman. Inc.. appeared before the Council and
presented to them an offer to purchase $1.700.000 Water and Sewer
Revenue Bonds. A brief resume of the offer as submitted is as follows:
Bonds maturing 1975 to 1984 to bear interest' 6.1
per annum
Bonds maturing 1985 to 1994 to bear interest , 6 3/41
per annum
Bonds maturing 1995 to 2003 to bear interest , 71 per
annum
thereby their offer is to pay $1.632.000 plus accrued interest from
November 1. 1970 to date of delivery. Following considerable discussion
regarding this offer. Councilman Cochran offered and moved the adoption
of a RESOLUTION awarding the $1.700.000 Water and Sewer Revenue Bonds;
Naming a Paying Agent; and setting forth the provisions of redemption
of the bonds. The motion was seconded by Councilman VanderMeer and
upon roll call vote on passage of the motion. the result was: Ayes:
VanderMeer. Smith. Watson. Cochran and Beals. Total Ayes: Five. Nayes:
None. Absent: None. So the RESOLUTION was adopted and the Number 178
was assigned to it. A copy of the Offer to Purchase as submitted by
Leedy. Wheeler I Alleman. Inc. and which the Mayor and Clerk were
directed to execute is attached hereto and becomes a part of these
minutes.
Mr. Floyd Groo. President of Michaels-Stiggins. Inc.. Consulting
Eningeers. advised Council tha~ awarding of bids for the construction of
the Sanitary Sewer System was now in order. Mr. Groo further advised
Council that inasmuch as the bid contract specifications call for
a $200.00 per day liquidated damage clause and inasmuch as this bid award
date be in excess of the 100 day period fOllowing bid opening date for
the withdrawing of bids as also allowed in the contract specifications.
that Bumby I Stimpson. Inc. had requested a condition be added to
their Bid wherein they be paid $200.00 per calendar day from March 4. 1971
to the day their contract is awarded. such payment to be accumulated
but not paid until completion of the project. Mr. Groo still further
advised that the customary procedure was to award the contract within
30 to 60 days after bidding. Motion was made by Councilman VanderMeer
and seconded by Councilman Beals that bids on the construction of a
sanitary sewer system be awarded as follows:
To Bumby I Stimpson. Inc. for the construction of the gravity system.
lift stations and force mains as per their Bid submitted. accepted
and tentatively awarded on January 5. 1971 and including the addition
hereof. their bid offer condition as outlined in their letter of March
12. 1971. a copy of which follows these Minutes.
To Chilton Construction Company. Inc. for the construction of the
treatement and disposal facilities as per their Bid submitted. accepted
and tentatively awarded on January 5. 1971.
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726
Upon roll call vote on passage of this motion. the result was:
Ayes: VanderMeer. Smith. Cochran. Watson and Beals. Total A,es:
Five. Nayes: None. Absent: None. whereupon the Mayor and City Clerk
were directed to execute the construction contracts.
"
City Attorney Langley advised that upon meeting with a State Legislative
Committee with regards procedure for establishing a South Lake Airport
Authority. it would be necessary that a sponsor for such an Authority
be proclaimed and submitted. Motion was made by Councilman Beals.
seconded by Councilman Cochran and carried that the City of Clermont
be proclaimed as Sponsor for the establishment of a South Lake Airport
. Authori ty.
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The meeting was adjourned by Mayor
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Do ores . arro . i ty Clerk