HomeMy WebLinkAbout1963-04-24 Council MinutesAGENDA - KENAI CITY COUNCIL .'FETING - IVEDNESDAY 24 APRIL 1963
"ROLL CALL
PERSONS SCHEDULED TO BE HEARD A/ 114o e7
�INUTES
CORRESPONDENCE
REPORTS - Attorney, Clerk,, Commissions, etc.
UNFINISHED BUSINESS:
---rordinance R44 - depth of water mains -public systems
+' btr. Don Meyer - Bond Broker
NEW BUSINESS:
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KENAI CITY COUNCIL MINUTES
24 APRIL 1963
While waiting for a quorum, k1r. Waldo Coyle addressed Council regarding a program
under Sec. 206, Public Law 86-645 for Flood Plain Informational Studies. Honey has
been appropriated for this work which includes determination of location of drainage
ditches, canals, planning for roads, homes, businesses, industry; preventive measures
for future flood control, etc. The City will request a representative from the Corps
of Engineers to talk with Council re this.
Mr. Al Lee conferred with Council regarding exchange of property in B1. 17, Original Twnsit
Roll call at 9:00 p.m. showed all members present but Mr. Lofstedt and Mr. Swires.
Minutes of the last meeting were approved.
Correspondence was read.(Self-inspection, City 3ldgs.; Alaska Te1.Co., improving service.)
Attorney's report: brought up question of sale of City -owned property with evaluation
in excess of $5,000.00 This will be considered next week.
Clerk reported City monthly meeting to be held Thurs. 25 April, 7:00 p.m., Western Corral;
Local Assessors meeting Juneau, Fri. & Sat, 26, 27 April --Pat A1cKee asks City to help on
expenses.
Mr. Morgan moved, McCann seconded, the City offer to pay $55.00 on 4-.Kee's fare to Juneau
for local assessors meeting re State Assessors Manual. Motion passed.
Mr. Morgan moved, Knackstedt seconded, Ord. #44 be tabled. Motion passed.
The Council and School Board consulted in open meeting with Mr. Donald Meyer of Marshall
f, Meyer, Bond brokers and financial consultants re $1,200.000.00 bond issue for the
new High School. Mr. Mayers's proposal to buy the City's bonds at 4 112% payable in
20 years is included in these minutes. Mayor Dye was of the opinion the City should
place the bonds on open market in the hope of getting a lower percentage of interest,
but Council and the majority of the School Board felt this would take too much time
and delay construction too late in the season. Mayor Dye pointed out a difference of
1/4 of 1% could mean a saving of 40 to 50 thousand dollars in a twenty year period.
t. However, sale on the open market might result in offers at a higher rate of interest.
Mr; Manley said first maturity will be 2 years from date of issue; 1st 6 months interest
will be $27,000.00. Mr. Knackstedt moved, Sims seconded, the City accept the proposal
as submitted by Mr. Meyer for Marshall £, Mayer. Roll call vote: Affirmative-Knackstedt,
Mccann;;Morgan, Sims; Negative - none. Motion passed.
IN,
After some discussion re bid of Lease Co., Inc. on construction of the High School,
Mr. Morgan moved, Sims seconded, the City accept the bid of Lease Co., Inc. on the
basic bid only. Motion passed unanimously. This reduces the amount to $1,047,220.00,
Consideration of the bid on Alternate "A" will be taken up at a later date.
Meeting adjourned 11:20 p.m.
Respectfully submitted,
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Mrs. Frances Torkilsen
City Clerk
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Honorable Mayor and City Council April is$ it"
City of Kasai
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We further a jres to provide for the prIaUng of the boa& *Ich will be
in $5,000 denominations.
Rmpectlltlly taUli tees
KARSFALL sad MCM
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` ?bin bid is accepted oa behalf of the
City of Kettsi, Kenai, Alsska
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Ce ley federal legislation$ a till providing funds for Kenai
improvements (Very unlikely).
D. 21 state legislations with the atato putting up the money to pave
.
i.� the city would then take over operation of airport.
Z. Wait until the TAA Soto authority to improve airport (Might be years).
2he meeting with Downing also opened up 2 other possibilities which are
yet to be oxplorede Rowover# Downing felt that$ with his department pushing
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for state logislatioa and the city pushing also, that we might mako it that way
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the easiaate
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Hre Downing stated that$ in the next few weeks$ he and Hr. Hoomm and Mre
Rules will expect to come to Kenai on a field inspection trip to look at the
airport and meat with the oomoUtoo and/or Council. Mr. Downing has requosted
that the City of Renal go on record as being willing to ass=e operational
and msiatenance responsibilty for this airport once the capital improvements
have boon made.
He requested this as a first step in the development of the airport.
We# of the Airport Coaaitteee horebr recommend that the City so So on record*
STAI4IM F. Tel 00
Chairman
Airport Cosittee
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