HomeMy WebLinkAbout1982-11-30 Minutes numberedr
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COMPLETE DESCRIPTION OF COUNCIL ACTIVITIES
November 30, 1982
Iowa City Council, special mtg., 11/30/82, 1:00 P.M. in the Council
Chambers. Deputy City Clerk Karr presiding. Councilmembers present:
Balmer, Dickson, Erdahl, Lynch, McDonald. Absent: Neuhauser, Perret.
Staffinembers present: Berlin, Helling, Jansen, Vitosh, Karr. Minutes
Tape recorded on Tape 82-24, Side 1, 77-291.
Deputy City Clerk Karr called the meeting to order and requested
nominations for temporary presiding officer. Moved by Lynch, seconded by
Erdahl, to appoint John Balmer temporary presiding officer. Deputy Clerk
Karr declared the motion carried unanimously, 5/0, Neuhauser and Perret
absent. Presiding Officer Balmer now presiding.
Presiding Officer Balmer opened the meeting for the purpose of
receipt of bids for the sale of $2,700,000 general obligation bonds.
President Richard Pavia, Speer Financial, Inc., advised that three sealed ,-70,29
bids were received and not opened. Presidio Off'
oral bids. There were none. Oral bidding was closed�er Balmer called for
Sealed bids were opened and read as follows:
COMPANY
ADDRESS
Continental Illinois National Bank and Trust
Company of Chicago and Associates; Chicago
Harris Trust and Savings Bank and Iowa -Des Moines
National Bank and Associates; Chicago
NET
INTEREST RATE
8.186569%
8.3383%
The Northern Trust Company and Merrill Lynch White
Weld Capital Markets Group and E.F. Hutton &
Company, Inc. and Goldman, Sachs & Co. & Associates;
Chicago
8.28371%
President Pavia recommended award of the bid to Continental Illinois
National Bank & Trust Company of Chicago and Associates at a net interest
rate of 8.186569%. Moved by McDonald, seconded by Dickson, to adopt RES.
82-282, Bk. 75, pp. 1023-1026, DIRECTING SALE OF $2,700,000 GENERAL
OBLIGATION BONDS TO Continental Illinois National Bank & Trust Company ofd
Chicago and Associates at a net interest rate of 8.186569%. Affirmative
roll call vote unanimous, 5/0, Neuhauser and Perret absent. Presiding
Officer Balmer declared the resolution adopted.
Moved by
PP. 1027-1037 McDonald, AUTHORIZING oANDdPROVIDING nFORoTHEoISSUANCE OF $2,700,00t RES. 82-283 k 0
GENERAL OGLIBATION BONDS AND LEVYING A TAX TO PAY SAID BONDS. Affirmative_
roll call vote unanimous, 5/0, Neuhauser and Perret absent. Presiding
Officer Balmer declared the resolution adopted.
Moved by Lynch, seconded by Erdahl, to return the deposit checks of
unsuccessful bidders. Presiding Officer Balmer declared the motion
carried unanimously, 5/0, Neuhauser and Perret absent. 2n �a,
MICROFILMED By
JORM MIC ROLA eI
CEDAR RAPIDS DCS t10INES
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Council Activities
November 30, 1982
Page 2
Moved by Lynch, seconded by Dickson, to adopt a resolution setting
parking rates for the Iowa City Parking System, establishing charges for
Sunday and holiday parking in the two ramps, Dubuque St. and Capitol St.
Tom Muller and Rosalind Moore, representing Downtown Association and Old '2e,7,5
Capitol Merchants, present for discussion. Consensus of the Council was
to wait until the first of the year. Staff wi•11 continue to monitor the
situation and report back at that time. Presiding Officer Balmer declared
the resolution defeated, 0/5, with the following division of roll call
vote: Ayes: none. Nays: Balmer, Dickson, Erdahl, Lynch, McDonald.
Absent: Neuhauser, Perret.
Councilmember Erdahl noted that the Mayor and the Mayor Pro tem were
not present because they were attending the national meeting of the 40
National League of Cities in Los Angeles.
Moved by Erdahl, seconded by Dickson, to adjourn, 1:20 P.M.
Presiding Officer Balmer declared the motion carried unanimously, 5/0,
Neuhauser and Perret absent.
ATTEST:
-IR&W i lWaLi-W
FAKY L. VEUHAUSER, MAYOR
ABBIE STOLFUS, CITY CLERK
i
MICROFILMED BY
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JORM MIC RlDLA9
� CEDAR RAPIDS DES MOINES '
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City of Iowa City
MEMORANDUM
DATE: November 22, 1982
TO: CITY COUNCIL
FROM: CITY MANAGER
RE:
ARTICLE: "What is an Assessment Center?" reprint from
Personnel Administrator 2035
111CROf ILMED 61'
JORM MICR6LA13 ,
CEDAR RAPIDS • DES M01,iES
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City of Iowa City
- MEMORANDUM
DATE: November 22, 1982
TO: CITY COUNCIL
FROM: CITY NANAGER
RE:
ARTICLE: "What is an Assessment Center?" reprint from
Personnel Administrator
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MICROFILMED BY '
�- JORM MICR46LAB -)
CEDAR RAPIDS • DES MOINES I
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