HomeMy WebLinkAbout20151221 - 20151216 - Special City Council Minutes
Hastings, Minnesota
City Council Minutes
December 16, 2015
The City Council of the City of Hastings, Minnesota met in a special meeting on Wednesday,
th
December 16, 2015 at 7:30 a.m. in the Volunteer Room at the Hastings City Hall, 101 East 4
Street, Hastings, Minnesota.
Members Present:
Mayor Hicks, Councilmembers Schultz, Vaughan, Nelson and Balsanek
Staff Present:
City Administrator Melanie Mesko Lee
Administrative Services Director Julie Flaten
Community Development Director John Hinzman
Finance Manager Rebecca Peterson
Mayor Hicks called the meeting to order at 7:30 a.m.
Paul Steinmann from Springsted Inc. provided the results of the bond sale held on December 15,
2015 for the purpose of refunding the debt issued for the purchase of the Hudson Sprayers
property. The refunding is expected to save the City approximately $483,000 over the life of the
loan.
Councilmember Schultz made a motion to accept the bid from United Bankers’ Bank, seconded
by Councilmember Balsanek. 5-0
Councilmember Braucks arrived.
ADJOURNMENT
Motion to adjourn the meeting at 7:36 a.m. by Councilmember Nelson, seconded by
Councilmember Vaughan. 6-0
____________________________ ______________________________
Paul Hicks, Mayor Julie Flaten, City Clerk