HomeMy WebLinkAbout1966-03-23 Council Minutes - Special Meeting3
AGENDA
SPECIAL MEETING OF THE CITY COUNCIL
Wednesday, March 23, 7:00 P.M.
1. Open and tabulate bids on intorim financing of Terminal Building.
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KENAi CITY COUNCIL SPECIAL PU.ETINC 23 MARCH 1966
Meeting; called for 7:00 p.m.; started at 7:30 whop quorum arrived. Roll call:
Members present - Chester Cone, Billy ticCann, Roger Meeks and Cene Morin; Mem-
bers absent - I;nd Lofstedt, Carl Senvan and Mayor James C. Dye.
Also present: City Mpr. .I. k'. Harrison and City Atty. J. "E. Fisher.
Harrison presented proposnls for interim financing for terminal building from
both local banks: Alaska State Dank offered $450,000 @ 3 3/4% to be borrowed
when, and as needed; NBA offered to lend the: entire sum of. $450,000 @ 4% and
to invest balances In"soeurities Approved by HousinA,and flume Finance Agency"
(now HUD) with effective borrowing rate of 1.85%".
McCann moved, Cone seconded, to accept NRA proposal for interim
financing of terminal building. Roll call vote passed the motion unanimously.
Motion by Cone, seconded by McCann, that the Council finds that the special
meeting of 23 March, 1966, is justified to permit emergency passage of a reso-
lution relating to the proposed airport terminal facility for the Kenai 'Munici-
pal Airport and the said meeting is required in the public interest so that t
action can be taken prior to the next regular meeting scheduled for 6 April, 1966.
Roll call vote: Affirmative -Cone, McCann, Meeks, Morin; Negative - none.
The City Mgr. �L lie Iution #66-13 and explained its need.
McCann moved, Meeks seconded, to adopt Res. #66-13 regarding the
amended loan agreement with HUD relating to terminal building construction.
Motion carried unanimously by roll call vote.
Harrison presented Res. #66-12 with some background data regarding it.
Cone moved, Meeks seconded, to adopt Res. #66-12, requesting desig-
nation of the Holy Assumption Russian Orthodox Church as a [iistorical Monument.
Motion passed unanimously by roll call vote.
Meeting adjourned 7:45 p.m, for informal meeting with property owners concerning
land -use, needed housing, future developments, etc.
Respectfully submitted.,
Frances Torkilsen
City Clerk
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Motion by-6 seconded by L'
that the a the special mee g,,o a�'rc}i 19661
is justified to permit emergency passage of a resolution rating
to the proposed airport terminal facility for the Kenai Mundtcipal
Airport,_anc�,the,said meeting is required in the public interest
so that -act -ion -can be taken prior to the next regular meeting,
scheduled "for ' 6 1pril , 1966.
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