City Council Minutes 04-04-1973 SpecialApril 4, 1973
Special meeting of the Village Council - ";pril 4, 1973 - Village Hall.
The meeting was called to order by Mayor Bill Sandberg. Councilmen present:
Blonigen, Markli .g.o Martie, Rowan..
The minutes for the meeting of March 27, 1973 were approved as read.
A presentation was made by lair. William C. Hoffman regarding the issue of an
additional IV.6 million Pollution Control Revenue Bonds for Northern States
Power Company. The purpose of the presentation was to give final approval
for the issuance of the bonds for the Northern States Power Company project,
Series 1973-A2 and all documents associated with the transaction. Mr.
Hoffman stated all documents were in order for approval by the Village Council
and for signing by the Mayor and clerk.
After examination of the documents, Council member Walt Markling introduced the
following resolution and moved its adoption:
RESOLUTION AUTHORIZING THE SAIF AND ISSUANCE OF AN ADDITIONAL SERFS OF POLLUTION
CONTROL REVENUE BONDS TO FINANCE THE NORTHERN STATES P94ER COMPANY PROJECT,
SECURED BY A PLEDGE AND ASSIG 1-11ENT OF THE REVENUES THEREOF UNDER AN INDENTURE OF
TRUST, AND APPROVING VARIOUS DOCRTENTS IN CONNECTION THEREWITHO (4 -page resolution
attached as Inc losure 1)
The motion for the adoption of the foregoing resolution was seconded by Council
member Dan Blonigen. Voting in favor: Blonigen., Markling, Martie, Rowan, and
Sandberg. Voting against: NONE. This resolution was declared duly passed and
adopted on the 4th day of April, 1973.
A motion was made by Dick Martie, seconded by Jeff Rowan to approve a "RESOLUTION
DESIGNATING REPRESENTATIVE IN CONNECTION WITH POLLUTION CONTROL REVENUE .BONDS
(Northern States Power Company Project) SERIES 1973-A as follows:
Be it resolved that the Village Council of the Village of Monticello, Minnesota,
that THE MAYOR and ACTING MAYOR are hereby designated Issuer Representative and
Alternate-77qsuer Representativev respectively, in connection with the issuance by
the Village of its Pollution Control Revenue Bonds (Northern States Power Company
Project) Series 1973-A in the principal sum of $2,,600,p000. As Issuer Representative
THE MAYOR and ACTING MAYOR are hereby authorized and directed to act in behalf of
the Village for all of the purposes specified in the Lease Agreement and Indenture
of Trust, relating to such bonds, to the extent that such documents provided for
action by the Village through its Issuer Representative.
Voting in favor: Blonigen, Markling, Martie, Rowan, and Sandberg. Opposed: None.
The resolution was declared duly passed and adopted on the 4th day of April, 1973.
Mr. William C. Hoffman gave an opinion that the Mayor & Council acted legally
in its replacement of Planning Commission members by the action of February 27,
1973. He stated also that there are a number of points that are somewhat unclear
and that further investigation will be made including an opinion from the
State Attorney General.
The following bills were approved for payment:
Ed. Phillips & Sons - $1,325,46 Twin City � ine Company - S 97.14
Johnson Bros. - 1,668-55 Bld Peoria Company - 310.59
Mayor Bill Sandberg stated that he had talked to Mr. Dan Nolting, the County
Engineer, and that Mr. Nolting stated the County will take care of 4th Street
repairs this summer.
A short discussion was held concerning k aalble blight in the Monticello
area. No final decisions reached, but the Council vias in agreement that
an enforcement policy should be set up to tike care of this.
The Village Administrator was instructed to write to the Greyhound Bus Company
in Minneapolis requesting that the Company not drive on River Street.
A short discussion was held concerning the proposed "Personnel Rules for
Employees of the Village of Monticello." Ina�t ii.s regard, a motion was made
by Walt Markling, seconded by Jeff Rowan to 4th e "Personnel Rules Policy's as
presented. Voting in favor: Blonigen, Mari ing, Martie, Rowan, and Sandberg.
Opposed: None. (Adopted April 4, 1973 )
A motion to adjourn was made by Walt Markling, seconded by Dan Blonigen.
Voting in favor: Blonigen, Markling, Martie, Rowan, and Sandberg. Opposed:
None.
Meeting adjourned: 960P.1,1.
Z C�z -ter
Kevin L. La France, Adm. -Tr
KLLF/ls g
2 Inclosures
1. 4 -page NSP resolution
2. Copy of "Personnel Rules for Employees of the Village of 14onticello".
(::Minutes of Special Meeting, April b, 1973)