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HomeMy WebLinkAbout00268 MINUTES OF THE REGULaR SESSION OF OCTOBER 20, 1064Mayor Sullivan asked Councilman Lindsey to attend a planning comaision meeting on Oct. 15. ADJOURNMENT As there wee no further business to come before the council nt this time it was moved by Councilman Siebenbaum seconded by Councilman Lindsey that the meeting do now adjourn. Motion carried. MINUTES OF THE REGULaR SESSION OF OCTOBER 20, 1064 October 20, 1964 Port Townsend Washington The City Council of the City of Port Townsend met in reg'1ur session this 20th day of Oc' 1964 at 7:30 pm in the Council Chambers of the City hall. Mayor Sullivan prosiding. ROLL CALL (; Officers and members present were as follows: Mayor Sullivan, City Attorney Abraham, Ci Clerk loungblood, Councilman Themes, Hoglund, Judy, Ruby, Siebonbaum, Lindsey, Carter. MIIIUTES OF THE PREVIOUS SESSION I Minutes of the previous session were read in full and it was moved by Councilman Hoglund seconded by Councilman Lindsey that the minutes be approved as read and that tiia Mayor and City Clark sign same. I -lotion carried. BUILDING PERMSTS The following building permits were presented and acted upon as follows: Eleanor Johnson, Carport, 15'X281, Frame, 49th & Landes, $200.00. Harold Colvin, Carport, 131X261, Frame, 705 T St., $300.00. It was moved by Councilman Lindsey seconded by Councilman Judy that the building permits be granted. Motion carried. CLAIM From Short, Creasman & Cable - towit: Oct. 8, 1964 City Council of Port Townsend City Hall Port Townsend, ''i7adi ington Attention: Mr Gale I. Youngblood Clark of Port Townsend Be: Olympic Gravity Water System Acoss Road Construction and 30" I.D. X 1/4" Steel Pipe Installation Gentlemen: Enclosed is the original and one copy of an Amended Claim by Bignold Company in the above captioned project pursuant to R.C.I. Chapters 39.08 and 60.28. Would you please present nand file the original of this Claim with the Port Townsend City Council and the copy with your office. Very truly yours, Douglas R. Hartwich. A6lENDED CLAIM TO: Port Townsend City Council Iiotice is hereby given that the undersigned Bignold Company has a claim as follows: Contract Item Quantity c/y Unit Price Total EX 1 27,787 $1.36 $ 37,790.32 2 27.837 1.97 54,838.89 3 15,000 2.67 40.050.00 $132,679.21 Less Sum Received 87,049.97 �i n 1:! n 1 S E C C 11 City Attorney Abraham recommended to the council that the.ammended claim be referred to the City Engineer because they have changed the wording from their previous claim. Council Siebonbaum maded a motion seconded by Councilman Hoglund that the claim be referred to the City Engineer and a report be made at the next regular session. Motion carried. COMMUNICATI ON From McLean & Company, Inc. Tacoma, Washington, to -wit: October 20, 1964 Honorable Mayor and City Council City of Port Townsend, Washington Gentlemen: In accordance with the understanding reached at our meeting with you last month, we propese that the City Council of Port Townsend, Washington (hereinafter called the City) resolve to retain McLean & Company, Inc. of Tacoma, Washington (hereinafter called the Bankers) to underwrite the sewer and/or water revenue utility bonds of the City under the follwing term and conditions: 1. The Bankers to make financial studies to determine the feasibility and most desirab plan or plans of financing the projected utility improvements of the City. 2. The Bankers to make available for consultation such members of their staff and othe: who may be retained for that purpose, if any, as may be mutually deemed necessary, with the City, its engineers, attorneys and other officials as in the opinion of the City and the Bankers may be required. 3. The Bankers shall in conjunction with the onginoers, make available to the City a rate study designed to indicate what charges will be necessary to amortize the annual debt service of the bond issue. 4. The Bankers shall consult with the bond attorneys, the City attorney and the City w. regard to bond covenants, optional call provisions, resolutions and bond amortization schodi in order that the financing may be accomplished on the most advantageous terms. 5. Subject to an approving legal opinion by rocongnized municipal bond attorneys and evidence satisfactory to the City and to the Bankers that the net revenues to be available for the payment of any revenue bond issue will be sufficient to adequately cover debt servil and make the bonds saleable at attractive interest rates, then it is mutually understood any agreed that the Bankers will buy and the City will sell such bonds to the Bankers et ❑ price and interest roate which shall be commensurate with the going rate for bands of a similar nature and character. 6. It is further understood that under the terms of this agreement the City shall nd; owo the Bankers andy payment as a fee or for any other expenses incurred by the Bankers and not hereafter authorized by the City. 7. This agreement when executed by both parties shall constitute a contract between the City and the Bankers and shall remain in full force and affect until such proposed financini has been accomplished, but in no event for a period of longer than three (3) years. Respectfully submitted, McLean & Company, Inc. By McLean President Accepted by and for the City of Port Townsend, l9ashington, this day of 19 44 Mayor Attest: City Clerk Councilman Iioglund made a motion seconded by Councilman Ruby that the City of Port Towre retain McLean & Company Inc. to undervrrite the bonds necessary for the sewer project. Upon the question Councilman Siebenbaum said he had no doubt the MlcLean & Company Inc. was a goy organization but felt that Mr. Easter of Blyth & Co. should be contacted for they had help the 6ity of j3ort Townsend out when the City was broke and no one else would. After some discussion Mayor Sullivan called for a vote. :lotion eras carrimd. From City Park Board - to -wit: October 15, 1964 Honorable Mayor and Councilmen City of Port Townsend Gentlemen: By resolution of Oct. 7, 1964 the City Park Board petitions the City Council for the privile of transferring $400.00 from '',7ages supplemental caretaker help to capital outlay. This portion of the $750.00 budgeted for 1964 is still available as the caretaker has carries out the labor burden almost singlehanded since supplemental help has not been readily avail- able or dependable. The purpose of this transfer is to procure better labor saving equipment. This includes a reol type popover lawn movrer designed to operate over uneven ground and to cut a 30-Inch swat and a powor leaf and grass sweeper. Having obligated loss funds than budgeted for the chain link fencing installed in 1964 and by purchasing shrubbery at wholesale, our capital outlay balance together with this transfer of funds will permit the purchase in 1964 of the two pieces of needed equipment. We earnestly petition for this privilege. City Park Board Arthur S. Einarsen Chairman n r as 0