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Friday, April 19, 2024

Casey City Council authorizes interim financing for water line project

Meeting909

Casey City Council met Monday, Oct. 17 to authorize interim financing for a water line project.

Here are the minutes as provided by Casey:

REGULAR MEETING OF THE CITY COUNCIL

MONDAY OCTOBER 17th, 2016

6:00 P.M.

The Regular Meeting of the City Council was held Monday October 17th, 2016; beginning at 6:00 p.m. Mayor Everett Bolin presided and called the Meeting to Order and led the Pledge of Allegiance.

Roll Call:

Present: Alderman Dane

Alderman Dennis

Alderman Jenkins

Alderman Wilson

Alderman Wimbley

Absent: Alderman Nichols

A quorum was declared.

Public Forum:

Nolan Worms addressed the Council about an issue with City PD cars traveling at a high rate of speed without sirens/lights on. He was especially concerned along Main Street because of the many kids playing in the yards and the elderly backing out of their driveways. Chief Jenkins stated that next time this happens, please either call or come up to the PD so he could address it with the specific officer.

Meeting Minutes:

Mayor Bolin looked for a motion for approval of the Minutes of the October 3rd, 2016 Council Meeting Minutes. Alderman Wimbley motioned approval of the October 3rd, 2016 Council Meeting Minutes, seconded by Alderman Dennis. Upon roll call the vote was:

Ayes: 5 – Dane, Dennis, Jenkins, Wilson, and Wimbley

Nays: 0 – None

Absent: 1 – Nichols

Motion declared carried

Officers Reports

Clerk Mumford; Clerk Mumford requested approval of the October 17, 2016 Bills payable. Alderman Dennis motioned approval of the October A Small Town with a 17, 2016 bills payable totaling $127,015.98 seconded by Alderman

Wilson. Upon roll call the vote was:

Ayes: 5 – Dane, Dennis, Jenkins, Wilson, and Wimbley

Nays: 0 – None

Absent: 1 – Nichols

Motion declared carried

Superintendent Biggs introduced Lon Gardner with HWC. Mr. Gardner updated the Council on the progress of the Wastewater Treatment Plant. He also looked for approval for Payment to Curry Construction and to HWC.

Alderman Jenkins motioned approval to pay from the Wastewater Project fund to Curry Construction in the amount of $334,525.38 and to HWC in the amount of $32,958.32, seconded by Alderman Wilson. Upon roll call the vote was:

Ayes: 5 – Dane, Dennis, Jenkins, Wilson, and Wimbley

Nays: 0 – None

Absent: 1 – Nichols

Motion declared carried

Collector Hutton stated that letters were going to be sent out to the businesses who have participated in the past with Christmas in the Park. There won’t be a tree lighting ceremony this year due to low attendance in the past. Breakfast with Santa is being set for Saturday December 3 rd , at the firehouse from 8:30 – 11:00. The Chamber of Commerce is going to be helping with this again.

New Business:

Finance Chairman Jenkins brought up information about our needs for Interim Financing for the Casey-Marshall water line project. We need to get interim financing while construction is going on and once construction is finished, then the Bonds will pay off the Interim loan. We have gotten two proposals, one from a collaboration from 3 local banks (Casey State Bank, Preferred Bank, and First Neighbor Bank) and one from a bank called CoBank which is based out of Colorado. The local banks had a fixed rate of 3.50% and the rate for CoBank was 1.75% variable rate. Mayor Bolin’s opinion is always to stay local if possible.

Alderman Jenkins motioned approval of interim financing for the Waterline to Marshall project with our Local Banks (Casey State Bank, Preferred Bank, and First Neighbor Bank), seconded by Alderman Dennis. Upon Roll call the vote was:

Ayes: 3 – Dane, Dennis, Jenkins

Nays: 1 – Wimbley

Abstain: 1 – Wilson

Absent: 1 – Nichols

Motion declared carried

Unfinished Business: None

Alderman Reports:

Alderman Dane asked about some of the uptown buildings that are missing windows. He wondered if there was anything the City could do to get them patched up, as they are a safety hazard to people walking downtown. Mayor Bolin directed Superintendent Biggs to try and get a hold of the owners and if he can’t to just go ahead and get them patched up.

There was no further Business of the City Council for the October 17th, 2016 Meeting.

Adjournment:

Alderman Wimbley motioned to adjourn, seconded by Alderman Jenkins. Upon roll call the vote

was:

Ayes: 5 – Dane, Dennis, Jenkins, Wilson, and Wimbley

Nays: 0 – None

Absent: 1 – Nichols

Motion declared carried

Adjournment of the City Council was at 6:14 p.m.

Respectfully Submitted by; Jeremy Mumford, City Clerk

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