09/05/1979 Meeting - Laserfiche WebLink

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- M. Awarding Bids For Parking Facilities, Bancroft Improvement, and Airport Development Bond Sales e Res. No. 3232--Awarding sale of General Obligation Parking Facilities Bonds, Series 1979, in the principal amount of $2,100,000 to US National Bank, at a net interest cost of $2,014,500; net effective interest rate of 6.0672%, was read by number and title. Ms. Smith moved, seconded by Mr. Hamel, to adopt the resolution. Roll call vote. Motion carried unanimously. Res. No. 3233--Awarding sale of General Obligation Bancroft Improvement Bonds, Series F, in the principal amount of $1,020,000 to First National Bank, at a net interest cost of $316,400; net effective interest rate of 5.55960%, was read by number and titl e. Ms. Smith moved, seconded by Mr. Hamel, to adopt the resolutions. Roll call vote. Motion carried unanimously. Res. No. 3234--Awarding sale of General Obligation Airport Development Bonds, Series 1978B, in the principal amount of $200,000 to Ellis & Carl, Inc., at a net interest cost of $51,150; net effective interest rate of 5.68783%, was read by number and titl e. Ms. Smith moved, seconded by Mr. Hamel, to adopt the resolution. e Roll call vote. Motion carried. unanimously. II. ROUTINE ITEMS FOR COUNCIL APPROVAL A. Approve Council Minutes August 27, 1979 Ms. Smith moved, seconded by Mr.Hamel, to approve the Council minutes of August 27, 1979. Motion carried unanimously. B. Resolutions Res. No. 3228--Authorizing easement vacation of overhead electric distri- bution right-of-way on Greenacres Road to Delta Highway, was read by number and title. Ms. Smith moved, seconded by Mr. Hamel, to adopt the resolution. Roll call vote. Motion carried unanimously. Res. No. 3229--Authorizing execution of Contract No. 7110 with the State of Oregon, Department of Transportation, concerning an Urban System Carpool project agreement, was read by number and title. e- Lf86 9/5/79--4