HomeMy WebLinkAbout07/09/1974
MINUTES
July 9, 1974
A special Meeting of the Wheat Ridge City Cou,cil was called to
order by Maynr Paul B Abramson at the Fire Station at 3880 Upham
The purpose of the meeting uas for discussion with the City's
brmd ronsul tal t and bond attorr,ey. (The July 2nd 1974 Minutes
reflect that this meeting ~as for July 16th )
Aldermen present uere Mary Jo Cavarra, Joseph Donaldson, Robert
Howard, Calvin Hulsey, Larry Merkl and ~uise Turner
Others attending were
William McCarthy, City
Robert M. Johnson, and
City Administrator John Jerman, City Attorney
Clerk Elise Grougham, staff and Attorney
Walter F. Imhoff.
Mr. Robert M. Johnson stated
1 He didn't recommend that a general election be used
2. That the bond questions are specific as to type, but that
he didn t recommend putting in details.
3. In answer to a question he stated that the tax cannot be
guaranteed to be dropped when the bonds are paid, and that in general
it is not possible to obligate future Councils.
4 Legally the sales tax revenue cannot be pledged for payment
of bonds but that the revenue can be used to pay the bonds, but if the
rSlsnue falls short there is an obligation fu pay from other sources.
5. That 8 sales tax question and the bond questions can be at
Olle election
6 That it could be worded that if the bond issue fails, then the
sales tax fails but that he advised against this.
Mr Walter Imhoff stated
----...------.-
1 That he recommended that there be a restriction on the bonds
that. if the sales tax failed they would not be issued.
2. That before the election a total package should be presented
uith engineering studies, that the projects should be fairly ~ell defined,
that there should be publicity, maps and brochures and utilization of
the neuspaper, and that much preliminary u'ork is needed.
3 He recommended early Spring for the election
4 That if the bond question passes there is a commitment for
sale of bonds taking 3D days, and the cash can be received within 45
days frnm that, and that after the commitment the award of bids can be done.
5 Most construction typicially runs one year so that the money
can be "stretched."
It was the consensus of Council that the bonds should be for drainage
and streets. Other recommendations were for walkways, recreation and
specifically a swimming pool, and a city hall The breakdown for the
bonds would be approximately 5 million for drainage, and 2 for streets
and the tentative date fnr the special election was set at March 25th, 1975.
It was recommended that there be public he~rings for public comment
on the proposed projects this fall.
Meeting was adjourned at 9 05 p.m.
~~Lf=~)
E . e B~gham ~
City lerk
APPROVED
414-+ ~_/ 7/____
,