HomeMy WebLinkAbout1960, Dec 7 Reconvene MeetingCouncilmar_ Robert 1'urrirlgton introducEd and moved the adout~on
o? the iolloorin~ resolution:
3~; ;C i,ll'i'IOtd
:^{!-iil[i.:i,Jip, tiie L1t'~ LOun Cll Et11 Ci !~OIDIlLlt'i,Ee OI7 Jan1t3'%lOTi O' '~}1? t;ltY
of Rexburg, ldaiio, l?ave heretc;iore ruu3e out at?d certiried t,o the City{ Council
as provided by lair an assessmE~rt, rol,1 .or locztl Improvement District No. $
rOr the coRStruct:ian and installation O_" sa.nitar;,r se1•rer laterals in said
Oit~~, and
`it 't i''.~, On i`IOVP.nlb 81' lb, 19f>~, 521!7 (.1t' iiOl1P.C11 1'~{°d "hta i.lltl2 citld
place ';rnen and Ehre objections to said assessment roll by property owners
1T1 said district would beheard, 'to-trit: Niednesda~*, the 7~~h day oi' +eceml;~er,
1900, at 3:v0 a' eloc;t p.m, of said dati' at the City Ha.11 5.n Resbur Idal'lo,
~Rd
b'iH R~,.aS, notice was duly and regul~~ ~ y f;iVr.n as provided by 1_a:~r
L>V t,'IE C.1 BZ'':{ Or the tliTe LO 1]._~i3 OIJ,lECt10n5 i,0 521:1. d,5 SP,5S1!1811'i, roll, and
~ '~: ';il 'h,!? `InVC LEER tIl8.:7P LO SliCl
.i ~ '',;, c rtn:ui oL- jer. ,ions
asse sment roll t~~ ~:~operty owners in vaid district, and
'i':'1 L'; ir;y_S~ It 15 nECeSa1'V 'v i'8t Li.7° alt ;'' COUn C11 t=i i~:E addl'i,lonal
tune in which to investigate and consider said obiE~tions i.e the assess-
ment roll,
`i'{.li
td0.t 10~rl, !J~ It Kis,~)LVLll 'hat, tnis hEa.rina be adjourned, as
,
provided bti SECti.n 5`J-?917, Idaho Code, and reconvenE the 14th dag of
l X11
at ,
J a~ ~lar' ,.e hour pf 9:30 0' ~l ^cic n.t ~. of srtid day at the r,; ty
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is r3 ~-'O i'
Go~.nc' :~l:;ll Jo>-a, lor'-?" ?.1 ~c, ~ul;v ~ n_,aeri 1 i,,n to ado,a
.,.i ,^'". *lh :'T : E5rl:. ~',1(,Ii. ~~:. ._~ ~~~. .. f2', i?ll~ .t: -r, '_~ O -. .__ ~.~al S!Cll 51.i~
a~? ~.,d on 'r. C,~?'~ 'iru,; r~,rd~d r_ .:.
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teal)
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(:`mutes of December iti? continued)
Councilman G. Alton ."~nderscn introduced and moved the adoption of the following
resolution:
ttliSOLU TIOI~
i,lHliRliAS, on ti?e 13th dal, of Iay, 1450, the City Council of the City of texburg, Idaho,
adopted and the i~iayor of said City approved Ordinance No. L17 of said City, creating
Local Improvement District fdo. 5 in said Citl~for the purpose of constructing and instal-
ling sanitiry see+rer laterals, and
~r1LR3AS, the City proposes to issue local improvement bonds to pa;7 the cost of such
improvements, a?d
s,
`"'~t;~S, ;t is considered necessary and advisal:'~ that pro.ASion be jade for the
issnande of interim ti•rarra?ts of the City pending the receipt of the proceeds of the bonds
50 'i.0 be alltharied,
T;[lt~i~7,tl, 3~ I'P rtl~JLV~D by the [Ia~ror and City Council oI' ti?e City of Rextu rd, Idrha,
that pursuant to tl?e authority cf Section 50-226; Idaho Code, for the purpose of :nee's_•<;
the costs and expenses of constructing impravements in said Lacal Lnprovement District
- ito. 5, the City shall issue its interim ti^rarrants drawn a:ainst Local Improvement District
Ito. 5 rued upon estimates submitted by the City Eng~leer, approved bs the City Council,
such warrants to bear interest at the rate of four and one-half (4~) per centum ner annum,
to be registered ant to be retired from tree proceeds o*"' bonds to be issued for said District;
such warrants to be in substantially the following form:
RE;u'sU PG. IDAHO
LdTLitIl'I 'rlARt„i~lT
The Treasurer of the C1tV of Rexburg, Idaho, will pals to FIRST SLCURITY BP~VID OF
IDAHO, ~1.A., Re-::.burg, Idaho, or order, Thirty-five thousand and no~100 ----------Dollars,
solely out of Local Improvement District No. 5 fund of said City, which fund shall
contain the proceeds of bonds to be issued for said District and amounts paid therein
fra!n thepeneral funds of the City, ~.aith interest on such sum from the date hereof at the
rate i'o faur and. one-halp per centwn (4) per annum, payable out of said 'r'ued, upon
presentation and surrender of the Interim .'!arrant which is is sued by~-order; of theCity
Council of said City, this '7th Da~,* of December, 1950.''
/s/ Gilbert Larsen
tdavor
Countersigned:
/s! Lcretta i4. RiFby
CitT~ Clerk
(Seal)
Bli IT FUR1^iIliR RIJSOLVID that interia! ~,rarrants ahll be issued as follows:
Eayee' Amount
First Security Bank of Idaho, N.A
Re;.burg, Idaho
Adopted and approved this 7th day of December, 1960
ATT;ST:
t- {
City Clerk
:u; 5 , 000.00
(Seal)
The motion to adopt the foregoing Resolution bras seconded by R. dt. purrington, and
the vate on the adoption of such Resolution Baas as follo:•rs:
^lhose voting AYL:
Councilmen: G. Alton Anderson
Tom 'rJebster
Alma Klingler
R. ;•1. purrington
John C. Porter
Charles Bollinger
Those vating NAY: Plone.
... ~ ~ .~r
(S);AL} CITY Ci,LRK
Claims in the amount of ~P38,325.27 mere presented by G. Alton .iderson who moved sane
be granted and raid. Tile motion was seconded by Tom Webster and approved unanimously.
The meeting'wa^, turned over to, protests and explanations an the';sewer assesment roll.