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HomeMy WebLinkAbout11/05/1984 NOVEMBER 5, 1984 CITY COUNCIL MINUTES CITY OF WHEAT RIDGE, COLORADO REGULAR MEETING AND STUDY SESSION The City Council Regular Meeting was called to order by the Mayor at 7 30 p m Councilmembers present Kent Davis, Larry Merkl, Moe Keller, Tony FIasco, Nancy Snow, Randy West, and Dan Wilde Clyde Hobbs arrived at 7 32 p m Also present City Clerk, Wanda Sang; City Administrator, Tom Palmer; Chief of Police, Howard Jaquay; Public Works Director, Rodger Young; staff and interested citizens PUBLIC HEARINGS AND ORDINANCES ON SECOND READING Item I Council Bill 154- An Ordinance authorizing the issuance and sale of $1,950,000 City of Wheat Ridge, Colorado, Industrial Development Revenue Bonds (Pearse Electronics, Inc Project) Series 1984, to finance a project for Pearse Electronics, Inc ; ratifying certain action heretofore taken; authorizing the execution and delivery by the City of a Financing Agreement, Indenture of Trust, such Bonds and Closing Documents in connection therewith; making determinations as to the sufficiency of revenues and as to other matters related to such project; and repealing action heretofore taken in conflict therewith Council Bill 154 was introduced on second reading by Mr West; title read by the Clerk MOTION by Mr West for adoption of Council Bill 154 (ORDINANCE 592); seconded by Mr Wilde; carried 6-2 with Mr Hobbs and Mr FIasco voting no STUDY SESSION Item 2 Discussion of Goals and Objectives for a Compensation Program Council, Mr Palmer, and Chief Jaquay discussed an alternative to the word 'parity' in the Pay ordinance No conclusion was reached by Council Item 3 Discussion of Financing Strategy and Projected Revenues for Capital Improvements and Operation of a Stormwater Management System for the City of Wheat Ridge Mr Young discussed his alternatives with Council Jacque Wedding discussed the current and proposed legislation on state tax Consensus was 7-1, with Mr Merkl voting no, to take no action at this time Consensus was 8-0 to cancel November 26 and December 24 meetings Meeting adjourned ~t 9 25 P m , I I Y-t<-I'L tL4 'Wanda Sang, J, /1- J! c-, City Clerk .;