1973 09 24
CHANHASSEN VILLAGE COUNCIL MINUTES September 24, 1973 -1-
SALE OF BONDS OF $275,000.00 G.O. PARK&EQUIPMENT REFUNDING BONDS
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The special Village Council meeting was
Klingelhutz on September 24, 1973at8:00
was opened with the Pledge to the Flag.
present: Mayor Klingelhutz, Councilmen
Councilman Bennyhoff was absent.
called to order by Mayor Al
p.m. in the Village Hall and
The following members were
Kurvers, Neils and Wolf.
SALE OF BONDS: Phil Chenawith, Fiscal Agent, was present to open the bids
for $275,000.00 G.O. Park and Equipment refunding bonds for the Village
of Chanhassen. The following is the tabulation of bids:
BIDDER NET INTEREST NET INTEREST RATE
Bank Northwest
Chicago, Illinois 108,017.50 5.1498%
,1st National Bank of
St. Paul, MN 114,070.00 5.4383%
1st National Bank of
Minneapolis, MN 108,715.00 5.1830%
Robert W. Baird & Co.
Minneapolis, MN 108,789.00 5.18617%
I Juran & Moody, Inc.
St. Paul, MN 110,492.50 5.2678%
Dain, Kalman & Quail
Minneapolis, MN 111,687.50 5.3247%
Piper, Jaffray & Hopwood
Minneapolis, MN 109,837.50 5.2366%
Councilman Bennyhoff entered the meeting.
A motion was made by Councilman Bennyhoff and seconded by Councilman Neils
to approve Resolution 924731regarding $275,000.00 G.O. Park and Equipment
Bonds for the Village of Chanhassen awarding the sale of bonds to Banc
Northwest for Net Interest cost of $108,017.50 with a net interest rate
of 5.1498%. The following voted in favor thereof: Mayor Klingelhutz,
Councilmen Bennyhoff, Kurvers, Neils and Wolf. No negative votes.
Motion carried.
A motion was made by Councilman Kurvers and seconded by Councilman Benny-
hoff to approve the Resolution 924732 authorizing the issuance of
$275,000.00 G.O. Park and Equipment Bonds for 1973, prescribing their
terms and forms, and providing their payment. The following voted in
favor thereof: Mayor Klingelhutz, Councilmen Bennyhoff, Kurvers, Neils
and Wolf. No negative votes. Motion carried.
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CHANHASSEN VILLAGE COUNCIL MINUTES - September 24, 1973
-2-
1974 BUDGET: A motion was made by Councilman Wolf and seconded by Council-
man Kurvers to approve Resolution 924733 entitled Approving the 1974 I
Budget. The following voted in favor thereof: Mayor Klingelhutz, Council-
men Bennyhoff, Kurvers, Neils and Wolf. No negative votes. Motion carried.
NSA-PREPAYMENT OF ASSESSMENTS: The Village Attorney presented an ordinance
in regards to prepayment or partial payment regarding NSA assessments.
Discussion followed.
A motion was made by Councilman Bennyhoff and seconded by Councilman Kurvers
to adopt ordinance No. 55 providing for partial prepayment of puThlic
Improvement special assessments. The following voted in favor thereof:
Mayor Klingelhutz, Councilman Bennyhoff, Kurvers, Neils and Wolf. No
negative votes. Motion carried.
RESCUE TRUCK: A motion was made by Councilman Wolf and seconded by Council-
man Neils to approve payment of $5,911.00 to Waconia Ford for the Rescue
Truck. The following voted in favor thereof: Mayor Klingelhutz, Councilman
Bennyhoff, Kurvers, Neils and Wolf. No negative votes. Motioncarried.
ROBERT BERGMAN - NSA: A motion was made by Councilman Bennyhoff and seconded
by Councilman Kurvers to approve payment of $15.75 to Robert Bergman for
policing at the NSA Assessment Hearing. The following voted in favor thereof:
Mayor Klingelhutz, Councilmen Bennyhoff, Kurvers, Neils and Wolf. No nega-
tive votes. Motion carried.
HOLLY HUSETH: A motion was made by Councilman Bennyhoff and seconded by
Councilman Wolf to pay Holly Huseth $2.00 per hour after her OEO hours I
are used up and until the administrator decides she is no longer needed.
The fiìlowing voted in favor thereof: Mayor Klingelhutz, Councilman
Bennyhoff, Kurvers, Neils and Wolf. No negative votes. Motion carried.
Councilman Neils left the meeting.
STREET LIGHT: A request was made by Rev. Dennis Lorenz for a street light at
the entrance of the Church of the living Christ and Highway 5.
A motion was made by Councilman Bennyhoff and seconded by Councilman Wolf to
approve the street light at the entrance of the Church of the:L~ving Christ
and Highway 5. The following voted in favor thereof: Mayor Klingelhutz,
Councilmen Bennyhoff, Kurvers and Wolf. No negative votes. Motion Carried.
LEAGUE OF MINNESOTA MUNICIPALITIES: A motion was made by Councilman Wolf
and seconded by Councilman Kurvers to approve payment of $12.50 to the
League of Minnesota Municipalities for reservations for Mayor Klingelhutz
and Mr. Schnelle to attend the annual meeting October 3, 1973. The following
voted in favor thereof: Mayor Klingelhutz, Councilmen Bennyhoff, Kurvers
and Wolf. No negative votes. Motion carried.
A motion was made by Councilman Bennyhoff and seconded by Councilman Wolf
to adjourn the meeting. The following voted in favor thereof: Mayor
Klingelhutz, Councilmen Bennyhoff, Kurvess and Wolf. No negative votes.-
Motion carried.
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TIME:
9:30
p.m.
Sharon Loechler
Secretary
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