1995 MIN OCT 17 - Laserfiche WebLink

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Item 8 - Personnel/Police Department Councilmember Sandoval moved to have the matter continued to a later time as there may be a possible conflict with the contractual agreement with the Chief of Police, regarding bumping rights. After discussion, motion carried with Mayor Fulp voting "No" and with Councilmember Bennett absent due to illness. Item 11 - Electric - Budget Councilmember Sanders questioned the difference of $226,000 between the original price and subsequent action. Mayor Fulp said he was puzzled in that the original price to Black and Veatch was $276,000 and with two add-ons, the amount is now $696,292, an increase of two and a half times the original price. Mayor Fulp moved to continue this matter until the next City Council Meeting. Motion failed for lack of a second. Councilmember Hutton inquired about the impact on the bonding process, since the City is in the midst of environmental litigation, regarding the Delhi fly. Director Clarke said the fly issue had been settled. He said there is rerouting of the line to avoid the habitat area and for the City to complete the mitigation of this problem. In response to Councilmember Sandoval's question on the amount of land deeded for the substation, Director Clarke said three acres was necessary for the substation. He said there was a purchase of 10 acres with 7 parcels to be dedicated to the Delhi Fly. City Manager Martinez announced he received word that the bonds had been sold for $17.5 million. Director Clarke said he received a call from Prager & McCarthy, advising him that the bonds had been sold to three investment bankers at seven and one-half percent interest rate, with an eight-year call provision, 101 par value, double AA rating, now going at six and three-quarters percent and underwritten by Prager & McCarthy. Motion by Councilmember Sandoval, seconded by Councilmember Hutton to accept staff's recommendation and authorize staff to modify the purchase order in the amount of $184,000 in order to complete the tasks under Phase I. Motion carried with Mayor Fulp voting "No" and with Councilmember Bennett absent due to illness. Item 12 - Electric -Contract Mayor Fulp cautioned Staff to reflect and not spend all of the $17.5 million. He reminded Council that Black & Veatch was awarded an EPC contract in the amount of $8,374,000, with an additional increase contemplated. Mayor Fulp said more detail was needed and insisted on obtaining quantifiable and qualitative data in Agenda 5 OCT 17 IiW