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HomeMy WebLinkAbout05-25-1966 Special MeetingMICROFILMED 4 -24 -80 SPECIAL COUNCIL MEETING May 25, 1966 The City Council of the City of Cape Canaveral met in Special Session at the City Hall at 7:30 P.M. on the 25th day of May, 1966. The Meeting was called to Order by Mayor Thurm at 8:50 P.M. and the roll was called by the Clerk. Officials present were Mayor Richard Thurm; Councilmen Leo Collins, Frank Hoog,. Jack Hurck and Martin Schrider; City Manager J. A. Rickards; City Attorney T. David Burns; City Clerk Donna J. Anderson; Also present were Mr. Frank Strahsmeier, the City Fiscal Agent and Mr. Tom Groover and Mr. Tom Strang, City Engineers. Item 1. Financing - Re: Paving & Draining Program. After discussion, Mr. Collins made a Motion that the City Attorney and the Fiscal Agent working in conjunction with the Bond Attorney, Frank Watson of Jacksonville, proceed to place in final form a Bond Validation Resolution in reference to the Storm Drainage GO issue as outlined by Wm. R. Hough & Company, and further that the Fiscal Agent be and is instructed to proceed with communications with the applicable Federal Agent in Atlanta, Georgia in working out a Bond Validation Resolution pledging only revenue from an assessment program coupled with $175,000 pledge from the General Fund of the City excluding Ad Valorem taxes, and further the City Attorney is authorized and.directed working in conjunction with the Fiscal Agent and the Bond Attorney to prepare the said Bond Validation Reso- lution for Street Improvements. Mr. Schrider seconded the Motion and it carried unanimously. There being no other business before the Council, the O Meeting was adjourned on a Motion by Mr. Collins, seconded by Mr. Schrider and carried unanimously at 8:55 P.M. Approved this 7th day of June, 1966. City Cle Mayor