HomeMy WebLinkAboutMinutes - City Council - 1979-07-30 198
City Council, Adjourned Regular Meeting
Police Department & Council Chambers
Redding, California
July 30 , 1979 12 : 00 Noon
The meetingwas called to order at 12 : 05p.m. byMayor Demsher with11
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the following Council Members present: Gard, Kirkpatrick, Pugh, and
Demsher. Absent: Councilman Fulton.
Also present were City Manager Brickwood, Assistant City Manager
and Finance Director Courtney, City Attorney Murphy, Public Works
Director Arness , Planning and Community Development Director Harris ,
Street Superintendent Galusha, City Clerk Brayton, and Deputy City
Clerk Richter.
1979 Water Revenue Bonds
Assistant City Manager Courtney submitted a Resolution pertaining to
the 1979 Water Revenue Bonds. He stated that a great deal of team
effort was required at City Hall to complete the financing of this
project. His recommendation is to adopt the Resolution at this time.
In response to an inquiry by Councilman Pugh concerning the terms and
the source of funds, City Attorney Murphy advised that some questions
must still be settled by the State. However, he concurred with the
recommendation of Mr. Courtney that the Council move forward with the
project by adopting the Resolution in order to avoid further delay.
MOTION: Made by Councilman Pugh, seconded by Councilwoman Gard that
Resolution No. 79-127 be adopted providing for the issuance of
$5 , 700, 000 principal amount of City of Redding 1979 Water Revenue
Bonds and prescribing the terms, conditions, and form of such bonds.
Voting was as follows :
Ayes : Council Members - Gard, Kirkpatrick, Pugh, and Demsher
Noes: Council Members - None
Absent: Council Members - Fulton
Resolution No. 79-127 is on file in the office of the City Clerk.
ADJOURNMENT
There being no further business, at the hour of 12 : 10 p.m. , Mayor Demsher
declared the meeting adjourned.
APPROVED:
Mayor
ATTEST:
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City Clerk
By L%t.Kc-t a iet.
Deputy City Clerk
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