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HomeMy WebLinkAbout04-19-71 714 Hastings, Minnesota April 19, 1971 The City Council of the City of Hastings, Minnesota met in a regular meeting on Monday, April 19, 1971 at 8:00 o'clock P.M. in the Council Chambers of the City Hall. Members present: Councilmen Novak, Kane, Collins, Hallberg, O'Connor, Wilson, Driscoll, Christenson, and Mayor Rotty. ---. Members absent: None. Minutes of the last meeting were read and approved. Councilman Driscoll introduced the following resolution and moved its adoption: RESOLUTION ACCEPTING BIDS ON 1971 IMPROVEMENTS WHEREAS, pursuant to an advertisement for bids for the 1971 Improvements, bids were opened and tabulated according to law, and the following bids were received complying with the advertisement: PROPOSAL I GRADING. GRAVEL BASE. BITUMINOUS SURFACING CONCRETE CURB AND GUTTER AND SIDEWALK Westview Drive from 15th Street to 14th Street, 14th Street from Bauer's Addition to Westview Drive and Sun Valley Lane within Dakota Hills 2nd Addition - Bituminous Surfacing and Concrete Curb and Gutter. Alley from Sibley to Ramsey Streets between 2nd and 3rd Streets - Gravel Base, Grading and Bituminous Surfacing. 5th Street frqm Sibley Street to Ramsey Street - Concrete Sidewalk on South side. Bituminous Surface Treating Company Alexander Construction Company McNamara-Vivant $ 26,731.00 28,059.00 29,580.20 PROPOSAL II SANITARY SEWER. WATERMAIN. STORM SEWER 1:jTREET G,RADING ,AND GRAVEL BASE CONSTRUCTION 15th Street from East line of SE 1/4 of SW 1/4 of Sec~ion 29, Tl15N R17 to West line of Sontag's First Addition and Brittany Road within Sontag's First Addition - Sanitary Sewer, Watermain, Storm Sewer, Street Grading and Gravel Base Construction. Pleasant Drive north of T.H. 55 - Sanitary Sewer and Watermain. Westview Drive north of T.H. 55 - Sanitary Sewer, Watermain, Storm Sewer, Street Grading and Gravel Base Construction. ----- SOUTH HASTINGS INDUSTRIAL PARK SANITARY SEWER. WATERMAIN. STORM DRAINAGE FACILITIES STREET CONSTRUCTION AND GENERAL GRADING Part of the S 1/2 of Section 34, Tl15 R17. AREA BENEFITS FOR SANITARY SEWER STORM SEWER (Portion Of) Part of the S 1/2 of N 1/2 of Section 29 and Part of the S 1/2 of Section 29 as described in the Notice of Hearing. 715 Proposal II Bids: Austin P. Keller Hoffman Brothers Arcon Construction Co. Riverside Sand and Gravel $402,391.85 439,393.17 444,840.35 448,876.50 STATE AID PROJECTS '"! 15th Street from Ashland Street to T.H. 61 - Grading, Gravel Base Construction, Bituminous Surfacing, Conc;ete Curb and G.~tter, Sidewalk and Storm Sewer. Area Benefits for Sanitary Sewer and Storm Sewer (Portion Of) - Part of the S 1/2 of N 1/2 of Section 29 and Part of the S 1/2 of Section 29 as described in the Notice of Hearing. Pleasant Drive north of T.H. 55 - Grading, Gravel Base Construction and Storm Sewer. Austin P. Keller Riverside Sand and Gravel Alexander Construction Co. Marvin Rehbein $151,517.46 162,603.00 (With Prop. II) 165,387.85 168,653.30 AND WHEREAS, it appears that the lowest responsible bidders are as follows: Proposal I Proposal II State Aid Construction Bituminous Surface Treating Co. Austin P. Keller Austin P. Keller NOW THEREFORE BE IT RESOLVED by the City Council of Hastings: ,..--.. I 1. The Mayor and City Clerk are hereby authorized and directed to enter into a contract with the Austin P. Kell~r Co., and Bituminous Surface Treating Co. for the improvements as stated above according to the plans and specifications therefore approved by the City Council and on file in the office of the City Clerk. 2. The City Clerk is hereby authorized and directed to return forthwith to all bidders the deposits made with their bids except that the deposits of the successful bidder and the next lowest bidder shall be retained until a contract has been signed. Adopted by the City Council this. 19th day of April, 1971. ATTEST: l J J.i t:/,L,-. - Ie ity 1erk ~J0Pf ayor Councilman Kane seconded the motion to adopt said resolution and the same was passed by the following vote: Ayes, all; Nays, none. r I The Mayor declared open the public hearing on the application of Clarence Merk1ing, owner of the South 22' of Lot 8 and All of Lot 9 Block 1, Vermillion Addition to the City of Hastingsto grant a variance from Section 9.9.2.4 of the Zoning Ordinance to allow construction of an apartment unit at first floor level for management purposes. The Clerk reported that notice had been given as required by Section 12.3.2 of the Zoning Ordinance. All persons present were given an oppor- tunity to be heard. Whereupon the following resolution was offered by Councilman Hallberg: WHEREAS, a written application for a variance has been sub- mitted; the conditions and requirements of Section 12.3.1 are hereby found to exist; that notice of public hearing has been given as re- quired by Section 12.3.2; a Public Hearing held and all persons present given an opportunity to be heard; further that the applicant has set forth reasons justifying the granting of a variance and the granting 716 of the variance is in harmony with the general purposes and intent of the Ordinance and will not be injurious to the neighborhood or detri- mental to the public welfare. THEREFORE, the requested variance should be and hereby is granted, subject to that the a~tment constructed be used as a manager residence only. Adopted by the City Council this 19th day of April, 1971. ATTEST:~J . Ii. ~~L.:.-- C~ty Clerk ~~ Ziiyo r~ u Councilman Christenson seconded the motion to adopt said resolution and the same was passed by the following vote: Ayes, all; Nays, none. Moved by Councilman Driscoll, -seconded by Councilman Christenson that the following persons be appointed to the Library Board for a three year term, as recommended by the Library Board: Tony Wi11eke, Joe Kugler and Marg Voelker. Ayes, all; Nays, none. Councilman Hallberg introduced the following resolution and moved its adoption: RESOLUTION IN OPPOSITION TO PENDING "TAX FREEZE" LEGISLATION WHEREAS, there is presently pending before the Minnesota State Legislature, legislation which would freeze local property tax revenues and would further require referendums before levies could be increase; WHEREAS, it appears that such legislation, if passed, would impose an undue burden upon efficient administration of 'local govern- ment without corresponding benefit to the municipalities or its constituents. r I . . I L_J NOW, THEREFORE, BE IT RESOLVED That the City of Hastings take a position in opposition -to passage of said legislation (being Senate File #1204 and House File #1553), and the state legislators representing the district in which the City of Hastings is located are urged to take a position in opposition to said legislation. Adopted by the City Council this 19th day of April, 1971. ATTEST:JJ 11 ~41 __ .. City Clerk' Councilman O'Connor ution and the same was passed none. ~D1 seconded the motion to adopt said resol- by the following vote: Ayes, all; Nays, Councilman O'Connor introduced the following resolution and moved its adoption: RESOLUTION REQUESTING MINNESOTA STATE LEGISLATURE TO CORRECT INEQUITIES IN THE DISTRIBUTION OF CIGARETTE AND LIQUOR TAXES n . I ~i WHEREAS, a number of state taxes, such as highway user taxes, sales tax, cigarette and liquor taxes are shared with local government units on the basis of population; and WHEREAS, the use of 1970 census figures in the distribution of said taxes for the calendar year 1971 was of substantial importance and concern to fast-growing municipalities in the State of Minnesota; and WHEREAS, after due investigation and inquiry, City of Hastings budget revenue estimates for 1971 were based upon the use of the 1970 J 717 census rather than the 1960 census; and WHEREAS, highway user taxes and sales taxes are in fact being distributed on the basis of the 1970 census; and ,..-- I ! WHEREAS, the first half of cigarette and liquor tax apportion- ment has in fact been distributed on the basis of the 1960 census, contrary to the previous understandings received, thereby creating an inequitable situation whereby certain municipalities received more than their equitable share and numerous other municipalities have received less than their equitable share; and WHEREAS, said inequities are having a substantial impact on the revenue structure of numerous municipalities, and; WHEREAS, it appears that the only way in which these inequi- ties can be corrected is through the passage of a state law authorizing and directing the State Auditor to distribute said cigarette and liquor taxes on the basis of the 1970 census, and further that said inequity in the distribution of the first half of said cigarette and liquor tax apportionment be corrected in the computation and distribution of the second half of said cigarette and liquor tax apportionment; NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Hastings, that the State Legislature now in session be, and hereby is requested to provide for the distribution of cigarette and liquor taxes to local governments during calendar year 1971 on the basis of the 1970 census and is further requested to authorize and direct the State Auditor to distribute the second half of said sums in such a way as to compensate for the inequities created through the distribu- tion of the first half of the apportionment on the basis of the 1960 census. r Further that copies of this resolution be forwarded to the representatives in the State Legislature from the districts in which the City of Hastings is located. Adopted by the City Council this 19th day of April, 1971. LJ JJ ~.i--' ti t)7 C erk 8&oO?~ ay r ATTEST: Councilman Hallberg seconded the motion to adopt said resol- ution and the same was passed by the following vote: Ayes, all; Nays, none. Moved by Councilman Hallberg, seconded by Councilman Wilson to approve the request of the W. W. Beverage Co. to install a small septic tank on Lot 7, Block 122, Original Town Addition to the City of Hastings. Ayes, all; Nays, none. ."1 .._.... !..... ';J_ . Moved by Councilman Hallberg, seconded by Councilman Wilson to deny the request of Lawrence Yanz to construct an addition to his establishment, The Bierstube, located on part of Lots 3 & 4, Block 79, Original Town Addition to the City of Hastings. I I I Moved by Councilman Collins, seconded by Councilman Kane to table the abqve request of Lawrence Yanz. Ayes, Councilmen Novak, Kane, Collins, O'Connor, Driscoll and Christenson; Nays, Councilmen Hallberg and Wilson. Motion carried. Councilman Novak left at this time. Moved by Councilman Kane, seconded by Councilman Collins to approve the following 3.2 On Sale Beer License for one year beginning May 1, 1971 for an annual fee of $100.00: Ayes, all; Nays, none. Herbert Loutsch, Hub's Bait House Emmett Plan, Hastings Marine Moved by Councilman Christenson, seconded by Councilman Collins to approve the following 3.2 Off Sale Beer License for one year beginning 718 May l, 1971 for an annual fee of $l5.00. Ayes, all; Nays, none. Herbert Loutsch, Hub's Bait House Emmett Plan, Hastings Marine Lawrence Yanz, Bierstube George Freiermuth, Hastings Liquors Red Owl Stores Dan's Super Va1u National Food Stores A1vera Larson, East Side Market Don Maderich, Tom Thumb Market Regina Memorial Hospital o Councilman Novak came in at this time. Councilman O'Connor introduced the following resolution and moved its adoption: RESOLUTION OPPOSING PROPOSED REAL ESTATE TAX DISTRIBUTION LEGISLATION WHEREAS, Senate File 1133 relating to a program to alleviate fiscal disparities has been introduced in the State Legislature; and WHEREAS, The City Council of the City of Hastings, Minnesota has determined that passage of Senate File l133 would do serious damage to the tax base, as well as the governmental programs of Dakota County and the City of Hastings and other municipalities and townships. NOW THEREFORE, BE IT RESOLVED, That the City Council of the City of Hastings strongly oppose Senate File 1133 and directs that this Resolution be forwarded to the Dakota County Delegation, with the strong recommendation that they also actively oppose its passage. Adopted by the City Council this 19th day of April, 1971. ATmST:J', ,(t;a~> g~~ Councilman Hallberg seconded C.'thamotion\ t()) adopt said resol- ution and the same was passed by the following vote: Ayes, all; Nays, none. [Ii LJ Preliminary Plat - Fluegel & Kugler Moved by Council Hallberg, seconded by Councilman Wilson to approve the preliminary plat of Fluegel & Kugler described as follows: Part of the SE l/4 of Section 32, Tl15N R17W Dakota County, Minnesota lying westerly of Pleasant Avenue, northerly of the Vermil- lion River, and southerly of a line parallel with and 2059.47 feet north of the south line of said SE 1/4. Consisting of approximately 19 acres. with the following provisions: Lot sizes to be approximately 1 acre. 15 lots maximum. Cash in lieu of property dedication for parks. Lots 6, 7, 8 and 9 have no construction within 150 feet from the lot line of the river. Dedication from the adjoining property owner to the North for additional 30 feet for road right-of-way. Meet all requirements of the City Engineer. Ayes, all; Nays, none. o Councilman Driscoll introduced the following resolution and moved its adoption: RESOLUTION ON STATE-AID PROJECT 719 WHEREAS, The City of Hastings has obtained the Commissioner's approval of the plans for the following Municipal State-Aid Street Project: S. A. P. No. 30-129-04 Located North of T.H. 55 Consisting of Grading, Gravel, Base and Storm Sewer AND, WHEREAS, said City is prepared to proceed with the con- struction of said project by providing local funds to supplement the available funds in its Municipal State-Aid Street Account. WHEREAS, repayment of the funds so advanced by the municipality is desired in accordance with the provisions of Chapter 309, Laws of 1963. NOW, THEREFORE, BE IT RESOLVED That the Commissioner of High- ways be and is hereby requested to approved this basis for financing said construction project and to authorize repayments from the subse- quent accruals to the Construction Account of Municipal State-Aid Street Fund for said City, within the limitations provided by law and at the times and in the amounts as herein indicated (not to exceed five years). On or after February 1, 1971- $32,656.85 from 1972 Allotment Councilman Christenson seconded the motion to adopt said resolution and the same was passed by the following vote: Ayes, all; Nays, none. Councilman Christenson introduced the following resolution and moved its adoption: RESOLUTION TO ESTABLISH SPEED ZONES ON COUNTY HIGHWAY SYSTEMS WITHIN THE CITY OF HASTINGS \. - WHEREAS, the County State-Aid Highways No. 42, 47 and 54 and County Road 91, lie within the corporate limits of the City of Hastings; and WHEREAS, the County Traffic Engineer, Mr. Kenneth W. Anderson, in his lette:r dated April.rla 1-,.1971, requested a formal Council Resolu- tion for speed zone studies on the above stated highways; and WHEREAS, the State Highway Department requests formal action by County Boards to establish speed zones on the basis of traffic and engineering studies for all streets and roads within Minnesota. NOW THEREFORE, The City Council does hereby request that the County Traffic Engineer take what action is necessary to establish studies on the aforementioned County Road Systems within the corporate limits of the City of Hastings, and that such speed zones as are appro- priate be established. Further, that the State Highway Department be requested to perform whatever duties are necessary in establishing such speed zones. Councilman Driscoll seconded the motion to adopt said resolu- tion and the same was passed by the following vote: Ayes, all; Nays, none. ATTEST: tJ # ~~ City Clerk &4 C/?7 ~ a or ,--- Councilman Hallberg introduced the following resolution and moved its adoption: . RESOLUTION PROVIDING FOR PUBLIC SALE OF $410,000 GENERAL OBLIGATION BONDS OF 1971, SERIES A, $280,000 IMPROVEMENT BONDS OF 1971, SERIES A, AND $385,000 GENERAL OBLIGATION WATER AND SANITARY SEWER REVENUE BONDS OF 1971 SERIES A 720 BE IT RESOLVED by the City Council of the City of Hastings, Minnesota as follows: 1. It is hereby found, determined and declared that this City should issue the following bonds: (a) $410,000 General Obligation Bonds of 1971, Series A for the purpose of acquiring and improving property for economic development. (b) $280,000 Improvement Bonds of 1971, Series A for various improvements in the City. I !. (c) $385,000 General Obligation Water and Sanitary Sewer Revenue Bonds of 1971, Series A for water and sewer improve- ments in the City. 2. The City Council hereby ratifies, approves and affirms the findings made by the Council pursuant to its resolution of October 5, 1970 calling for an election of $775,000 General Obliga- tion Economic Development Bonds of 1971 insofar as said findings re- late to the projects financed by the foregoing bond issues. 3. A financing committee appointed by the City Council shall meet at the time and place specified in the form of notices herein- after contained for the purpose of opening sealed bids for each of the foregoing bond issues and shall report to the City Council. The City Council shall thereafter consider said bids and award the sale of each bond issue in accordance with the terms and conditions of the appropriate notice of bond sale. 4. The City Clerk is hereby authorized and directed to cause notice of the time, place and purpose of said meeting to be published in the official newspaper of the City and in Commercial West not less than ten days in advance of date of sale of each bond issue, as pro- vided by law, which notice shall be in substantially the following form with respect to each bond issue: r--, I . I : I L_J NOTICE OF BONDS 'SALE $410,000 GENERAL OBLIGATION BONDS OF 1971, SERIES A CITY OF HASTINGS (DAKOTA COUNTY) MINNESOTA These bonds will be offered Monday, May 24, 1971, at 5:00 P.M., CDST, at the Office of the City Clerk, Hastings, Minnesota. Dated June 1, 1971, the bonds will mature on March 1, in the years and amounts as follows: $10,000 1974-76, $15,000 1977-79, $20,000 1980-83, $25,000 1984-86, $30,000 1987-89, $35,000 1990-91, $20,000 1992. Bonds maturing on or after March 1, 1986 shall be subject to prior payment on March 1, 1985 and thereafter. No rate of interest nor the net effective average rate of the issue may exceed 7% per annum. The proceeds will be used for the acquisition and improvement of property for economic development. Dated April 19, 1971 BY ORDER OF THE CITY COUNCIL /s/ Wallace H. Erickson City Clerk il , I L_, NOTICE OF BOND SALE $280,000 IMPROVEMEKT BONDS OF 1971, SERIES A CITY OF HASTINGS (DAKOTA COUNTY), MINNESOTA These bonds will be offered Monday, May 24, 1971 at 5:00 P.M. CDST, at the Office of the City Clerk, Hastings, Minnesota. Dated June 1, 1971, the bonds will mature on March 1, in the years and amounts as 721 as follows: $30,000 1973-75, $25,000 1976-79, $30,000 1980-82, without right of prior redemption. No rate of interest nor the net effective average rate of the issue may exceed 7% per annum. The proceeds will be used for construction of local improvements pursuant to Chapter 429, M.S.A. Dated April 19, 1971 BY ORDER OF THE CITY COUNCIL /s/ Wallace H. Erickson City Clerk r-I NOTICE OF BOND SALE $385,000 GENERAL OBLIGATION WATER AND SANITARY SEWER REVENUE BONDS OF 1971, SERIES A CITY OF HASTINGS (DAKOTA COUNTY), MINNESOTA These bonds will be offered Monday, May 24, 1971, at 5:00 P.M. CDST, at the Office of the City Clerk, Hastings, Minnesota. Dated June 1, 1971, the bonds will mature on March 1, in the years and amounts as follows: $5,000 1976, $15,000 1977-79, $20,000 1980-83, $25,000 1984-86, $30,000 1987-89, $35,000 1990-91, $20,000 1992. Bonds matur- ing on or after March 1986 shall be subject to prior payment on March 1, 1985 and thereafter. No rate of interest nor the net effective average rate of the' issue may exceed 7% per annum. The proceeds will be used for the construction of water and sanitary sewer facilities. Dated April 19, 1971 BY ORDER OF THE CITY COUNC It /s/ Wallace H. Erickson City Clerk ! 4. The terms and conditions of each said bond issue and the sale thereof are fully set forth in the respective statements of terms and conditions attached hereto as Exhibits A, Band C and are incorporated herein by reference. The motion for the adoption of the foregoing resolution was duly seconded by Councilman Wilson and upon a vote being taken thereon, the following voted in favor thereof: Councilmen Novak, Kane, Collins, Hallberg, O'Connor, Wilson, Driscoll and Christenson; and the following voted against the same: None. Whereupon said resolution was declared duly passed and adopted. Exhibit A - Statement of Terms and Conditions OFFICIAL NOTICE OF BOND SALE $410,000 GENERAL OBLIGATION BONDS OF 1971, SERIES A CITY OF HASTINGS (DAKOTA COUNTY) MINNESOTA These bonds will be offered Monday, May 24, 1971, 5:00 P.M. CDST, at the Office of the City Clerk, Hastings, Minnesota, on the following terms: ri i ! DATE AND INTEREST .: ' The bonds will be dated June 1, 1971. Interest will be payable March 1, 1972, and each September 1, and March 1, thereafter. TYPE AND PURPOSE Negotiable coupon, general obligation, for which the unlimited taxing powers of the Issuer will be pledged, $5,000 each, unless other denom- inations are requested by the Purchaser within 48 hours after the award. The proceeds will be used for the acquisition and improvement of property for economic development. 722 MATURITIES AND REDEMPTION March 1, in the years', and" amounts as fo11ows-: $10,000 $15,000 $20,000 1974-76 1977-79 1980-83 $20,000 1992 All date~ are inclusive. $25,000 1984-86 $30,000 1987-89 $35,000 1990-91 At the option of the Issuer all bonds maturing on or after March 1, 1986, shall be subject to prior payment in inverse order of serial numbers on March 1, 1985, and any interest payment date thereafter, at a price of par and accrued interest. [J PAYING AGENT May be named by bidder subject to Issuer's acceptance, which may be assumed unless the Purchaser is otherwise notified within 24 hours after the issuer has been advised of the proposed agent. Issuer will pay customary charges. DELIVERY Within 40 days after award, subject to the unqualified approving legal opinion of Messrs. Briggs & Morgan of St. Paul, Minnesota, and customary closing papers, including a statement of non-litigation. Bond printing and legal opinion will be paid for by the Issuer. Delivery will be at a place of the Purchaser's choice. Payment must be made in Federal Funds or equivalent immediately available funds on day of delivery. Legal opinion will be printed on the bonds. TYPE OF BID Sealed bids for not less than $404,110 and accrued interest on the principal sum of $410,000 from the date of the bonds to date of del- ivery must be filed with the undersigned prior to time of sale, to- gether with a certified or cashier's check in the amount of $8,200, payable to the order of the Treasurer of the Issuer, to be forfeited as liquidated damages if the bidder fails to comply with the accepted bid. ri I I RA TES All rates must be in integral multiples of 5/100 of 1% and may not exceed 7% per annum. All bonds of the same maturity must bear a single rate from date of issue to maturity. No rate of any maturity may be more than 1% lower than the highest rate carried by any of the preceding maturities. Additional coupons may not be used. No limita- tion is placed upon the number of rates which may be specified. AWARD Award will be made on the basis of ,lowest dollar interest cost; deter- mined by the addition of any discount to and the deduction of any premium from the total interest on all bonds from their date to their stated maturity. The net effective average rate of the issue may not exceed 7% per annum. The Issuer reserves the right to reject any and all bids, to waive informalities and to adjourn the sale. ,BY ORDER OF THE CITY COUNCIL /~/ Wallace H. Erickson City Clerk c Dated April 19, 1971 Exhibit B - Statement of Terms and Conditions OFFICIAL NOTICE OF BOND SALE $280,000 IMPROVEMENT BONDS OF 1971, SERIES A CITY OF HASTINGS (DAKOTA COUNTY), MINNESOTA jJ ..! itmJ _Iii" .. . ';~ ';'1!~.;..,~; . 723 These bonds will be offered Monday, May 24, 1971, 5:00 P.M., CDST, at the Office of the City Clerk, Hastings, Minnesota, on the following terms: DATE AND INTEREST The bonds will be dated June 1, 1971. Interest will be payable March 1, 1972, and each September 1, and March 1, thereafter. TYPE AND PURPOSE r--. Negotiable coupon, general obligation, for which the unlimited taxing powers of the Issuer will be pledged in addition to special assess- ments against benefited property in an amount approximately equal to $280,000, $5,000 each, unless other denominations are requested by the Purchaser within 48 hours after the award. The proceeds will be used for construction of local improvements pursuant to Chapter 429, M. S. A. MATURITIES AND REDEMPTION March l, in the years and amounts as follows: $30,000 $25,000 $30,000 1973-75 1976-79 1980-82 All dates are inclusive. All bonds will be without right of prior redemption. PAYING AGENT r- May be named by bidder subject to Issuer's acceptance, which may be assumed unless the Purchaser is otherwise notified within 24 hours after the Issuer has been advised of the proposed agent. Issuer will pay customary charges. DELIVERY Within 40 days after award, subject to the unqualified approving legal opinion of Messrs. Briggs & Morgan of St. Paul, Minnesota, and custo- mary closing papers, including a statement of non-litigation. Bond printing and legal opinion will be paid for by the Issuer. Delivery will be at a place of the purchaser's choice. Payment must be made in Federal Funds or equivalent immediately available funds on day of delivery. Legal opinion will be printed on the bonds. TYPE OF BID Sealed bids for not less than $274,510 and accrued interest on the principal sum of $280,000 from the date of the bonds to date of deli- very must be filed with the undersigned prior to time of sale, together with a certified or cashier's check in the amount of $5,600, payable to the order of the Treasurer of the Issuer, to be forfeited as liquidated damages if the bidder fails to comply with the accepted bid. RATES ,..-. All rates must be in integral multiples of 5/100 of 1% and may not exceed 7% per annum. All bonds of the same maturity must bear a single rate from date of issue to maturity. Additional coupons may not be used. No limitation is placed upon the number of rates which may be specified. AWARD Award will be made on the basis of lowest dollar interest cost, deter- mined by the addition of any discount to and the deduction of any premium from the total interest on all bonds from their date to their stated maturity. The net effective average rate of the issue may not exceed 7% per annum. The issuer reserves the right to reject any and all bids, to waive informalities and to adjourn the sale. 724 Dated April 19, 1971 BY ORDER OF THE CITY COUNCIL /s/ Wallace H. Erickson City Clerk Exhibit C - Statement of Terms and Conditions OFFICIAL NOTICE OF BONDS...iALE $.385,000 GENERAL OBLIGATION WATER AND SANITARY SEWER REVENUE BONDS OF 1971, SERIES A CITY OF HASTINGS (DAKOTA COUNTY), MINNESOTA I' l~ These bonds will be offered Monday, May 24, 1971, 5:00 P.M. CDST at the Office of tne City Clerk, Hastings, Minnesota, on the following terms: DATE AND INTEREST The bonds will be dated June 1, 1971. Interest will be payable March 1, 1972, and each September 1, and March 1, thereafter. TYPE AND PURPOSE Negotiable coupon, general obligation, for which the unlimited tax- ing powers of the Issuer will be pledged, $5,000 each, unless other denominations are requested by the Purchaser within 48 hours after the award. The proceeds will be used for the construction of water and sanitary sewer facilities. MATURITIES AND REDEMPTION March 1, in the years and amounts as follows: $ 5,000 1976 $25,000 1984-86 $15,000 1977-79 $30,000 1987-89 $20,000 1980-83 $35,000 1990-91 $20,000 1992 All dates are inclusive. I' L-.-J At the option of the Issuer all bonds maturing on or after March 1, 1986, shall be subject to prior payment in inverse order of serial numbers on March 1, 1985, and any interest payment date thereafter, at a price of par and accrued interest. PAYING AGENT May be named by bidder subject to Issuer's acceptance, which may be assumed unless the Purchaser is otherwise notified within 24 hours after the Issuer has been advised of the proposed agent. Issuer will pay customary charges. DELIVERY Within 40 days after award, subject to the unqualified approving legal opinion of Messrs. Briggs & Morgan of St. Paul, Minnesota, and custo- mary closing papers, including a statement of non-litigation. Bond printing and legal opinion will be paid for by the Issuer. Delivery will be at a,place of the Purchaser's choice. Payment must ~l.-J~:..' be made in Federal Funds or equivalent immediately available funds on day of delivery. Legal opinion will be printed on the bonds. TYPE OF BID Sealed bids for not less than $378,951 and accrued interest on the principal sum of $385,000 from the date of the bonds to date of deli- very must be filed with the undersigned prior to time of sale, to- gether with a certified or cashier's check in the amount of $7,700, payable to the order of the Treasurer of the Issuer, to be forfeited as liquidated damages if the bidder fails to comply with the accepted bid. 1" 1:'~'< .':". 725 RATES All rates must be in integral multiples of 5/100 of 1% and may not exceed 7% per annum. All bonds of the same maturity must bear a single rate from date of issue to maturity. No rate of any maturity may be more than 1% lower than the highest rate carried by any of the pre- ceding maturities. Additional coupons may not be used. No limitation is placed upon the number of rates which may be specified. AWARD ---- Award will be made on the basis of lowest dollar interest cost, deter- mined by the addition of any discount to and the deduction of any premium from the total interest on all bonds from their date to their stated maturity'. The net effective average rate of the issue may not exceed 7% per annum. The Issuer reserves the right to reject any and all bids, to waive informalities and to adjourn the sale. Dated April 19, 1971 BY ORDER OF THE CITY COUNC IL /s/ Wallace H. Erickson City Clerk ATTEST: e~ w:r Moved by Councilman Novak, seconded by Councilman Kane that the bills as audited be approved and the City Clerk be instructed to issue warrants for the same. Ayes, all; Nays, none. tv Jj L~~A 'City Clerk ,--- r r- NAME Daryl Plath Samuel Sorenson Clarence Latch Evarist Rotty Secretary of State Northern States Power Co. Central Natural Gas Local Oil Company City Office Supply Jacobsen Hardware American Linen Supply Judge Electric City Auto Supply Erickson Oil Company Mac McGoon Studio Hastings Gazette Xerox Corporation Wisconsin Dust Mop Goranson's Home Furnishings National Institue of Mun. Law Miller Davis Co. I.B.M. Corporation W. H. Erickson Mississippi Belle Air Coum Stokke's Sinclair Service Lloyd Ga th Johnson's Service Harry's Service Uniforms Unlimited Holzemer's Shoes Featherstone's International Assoc. of Chiefs Police Legal Publications Tri County Law Enforcement / Aid Assoc. Auto Electric Kranz Printing Nybo's Christopher Columbus Sy's Sharpening Service Farm Implement Hastings Armory Board Dakota Electric Association Smith Loughlin Exterminating Livingston Ford National Fire Protection Assoc. Weber & Troseth Ritchie Engineering Co. Doerer's Genuine Parts Schneider Motor & I.plement Arrow Equipment Company Hastings Auto Supply Mississippi Welders O'Connor Kranz Co. C & H Company Bergstrom Tire Center Oxford Chemicals George Mulholland Co. Bituminous Roadways Eddy's I.D.L. Pharmacy Hastings Lock Service Eddy's I.D.L. Pharmacy CODlDissioner of Taxa tion University of Minnesota Layne Minnesota McCarthy Well Company Charles Jewelry Gopher Welding Supply I I 727 CLAIM SHEET April 19, 1971 NO. 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 of 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 DISPOSITION Mileage & expense Police Basic expenses (school) Feb. & March Chief's expense Mayor's expense tax exempt license Marc:hservices " " AMOUNT 77.45 278.40 27.12 53.65 1.25 3,060.39 1,086.48 984.68 256.43 81.32 36.66 1,004.05 350.11 360.46 12.00 269.62 219.23 3.90 ,47.35 107.50 74.98 15.93 26.85 30.23 25.00 2.25 12.50 3.00 49.90 90.29 20.94 125.99 Gasoline for City Depts Supplies " " Service - repairs Supplies Gasoline Supplies Service Rent of machine Service Supplies " " " Mileage & expenses Jury meals Service contract Service School expense Service " Supplies " " Annual dues Supplies 25.00 12.55 Annual dues Service Supplies Jury meals Court reporter Service Supplies Ro ller Ska ting Service for landfill 10.00 16.80 121.50 23.07 29.06 4.75 35.00 80.00 159.60 40.00 145.67 32.45 195.00 30.75 154.15 412.94 18.50 15.75 5.75 1.30 351.97 155.44 71.55 286.76 452.30 4.18 26.00 2.09 785.11 50.00 39.77 8.76 4.50 5.35 " " Repairs Supplies " " " Repa irs Supplies " " " " " Suppl:ie s " " " Service Supplies Sales tax for water dept. School expense Supplies " Repair Supplies 728 Coast to Coast Store Lyon Chemicals Inc. Donnor Communications Metropolitan Sewer Board 766 767 768 769 Postmaster 770 Gordon Anderson 771 Einer Theodorson 772 Connie Jancoski 773 Elizabeth Tingquist 774 Peter McCann 775 Janelle Chapman 776 Sondra Glasenapp 777 Gordon Anderson 778 J. Tomas Griebling 779 Einer Theodorson 780 Charoltte Stoudt 781 Joseph Chy1ik 782 Martin Conzemius 783 Francis Dummer 784 Carl Reichling 785 J. W. Williams 786 Howard Biskupski 787 Steven Endres 788~ Richard New 789 Steven Parris 790 Keith Rosch 791 Keith Rosch Jr. 792 Donald Swanson 793 Arthur Zgoda 794 Miles Christiansen 795 Keith Rosch 796 LaVere Fox 797 Lawrence Schweich 798 Peter McCann 799 Dorothy Fritze 800 Arnold Endres 801 Richard Doffing 802 Donald Lange 803 Patrick Orman 804 Michael MalszJcki 805 John Yanz 806 City of Fridley 807 State of Minn. Documents Sec. 808 Leasqe of Minnesota Muncipa1ites 809 Service Cost of operation - date of acquisitioa thru Dec. 31, 1970 8,174.23 30.00 12.50 12.50 127.53 175.40 67.50 119.57 85.81 162.13 32.38 82.61 140.08 84.67 49.57 41.31 49.57 38.56 18.39 42.75 .57.00 57.00 70.31 57 .00 57.00 41.89 99.96 13.99 12.26 16.31 7.50 164 . 79 48 .94 56.53 32.:U 60.92 129.77 52.50 5.00 6.65 8.00 Supplies " Stamps School expense " " City Clerk's office " " " City Hall Municipal Court " " Extra Police Duty " " " " " " directory 12.65 189.91 88.40 ~I f i l.J r~ L.J Moved by Councilman Christenson, seconded by Councilman Driscoll that the meeting be adjourned. Ayes, all; Nays, none. Police Clerk Landfill duty " " " " " " " " " " " " ," " " " " " " " " " " " Parks dept. Street Dept. overtioe " " " " Street Dept. Engineers Office Water Dept. Overtime " " " " " " 1971 Canst. Labor Dog Catcher fees Zoning ordinance Supplies 2 copies of 1971 ATTEST: tJ. f./ 1:<<sI...: City' Clerk g J;5!if [J