2007-04-14 Minutes of the City Council Retreat Meeting of La Porte City Council

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City Council Meeting and Workshop Meeting — April 23, 2007 Page C. Council to consider approval or other action authorizing the Interim City Manager to secure a Resolution for the submission of the Victim Coordinator and Liaison Grant for further funding for the Victims Assistance Liaison position. Motion was made by Council member Clausen to approve the consent agenda with an amendment to the minutes indicating Council member Mike Clausen was present. Second by Council member Mosteit. Motion carried. Ayes: Mosteit, Moser, Beasley, Engelken, Clausen, Rigby, and Porter. Nays: None Abstain: None Absent: Ebow 6. PETITIONS, REMONSTRANCES, COMMUNICATIONS, AND CITIZENS AND TAX PAYERS WISHING TO ADDRESS COUNCIL ON ANY ITEM POSTED ON THE AGENDA. Ray M. Wall — Tax issues for 2006. Mr. Wall did not show up at the meeting to speak. Mayor requested and City Council agreed to postpone consideration of Item 7 until after the City Council had met in Executive Session. 7. Council to consider approval or other action regarding a resolution authorizing the publication of notice of intention to issue $8.7 million in Certificates of Obligation, and approving and authorizing the first and second publication of Notice of Intent to Issue. Interim Finance Director Michael Dolby presented summary and recommendation and answered Council's questions. Additionally, there was a Financial Advisor representative available to answer questions. Mr. Dolby explained that attached to the proposed Resolution was an exhibit which contained the actual Notice of Intention as would appear in the newspaper, and which was in the backup materials. This was referenced as Resolution Exhibit "Version A". Mr. Dolby passed out a second option (noted as Resolution Exhibit "Version B") for the proposed Notice of Intention, which deleted reference to acquisition of land and building at 912 West Main Street contained in Resolution Exhibit "Version A." M. Dolby advised that passing the Resolution with Resolution Exhibit "Version B" would reduce the total amount of the bond offering since the City would not be issuing debt to pay for 912 Main Street. Assistant City Attorney Clark Askins read: RESOLUTION 2007-09 — A RESOLUTION AUTHORIZING PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION FOR THE ACQUISITION, CONSTRUCTION AND IMPROVEMENT OF CERTAIN PUBLIC WORKS; AUTHORIZING DISTRIBUTION OF A PRELIMINARY OFFICIAL STATEMENT RELATING TO SUCH CERTIFICATES; AND AUTHORIZING CERTAIN OTHER MATTERS RELATING THERETO. Motion was made by Council member Clausen to approve Resolution 2007-09 approving the second option Resolution Exhibit "Version B" provided by Mr. Dolby. Second by Council