12-07-2020 Regular CCM - Laserfiche WebLink

Home Browse Search

City Council Minutes December 7, 2020 Motion carried 5-0. 5. Open Forum Page 2 Deanna McLean, owner of Salon on Main, and Camron L'Heureux, owner of Olde Main Eatery, presented a petition from local business owners who were opposed to the proposed downtown development. Mayor Dietz explained that there will be a meeting in January for public comment. Council added that the project has been presented but not approved yet. One of the conditions of the proposal is getting engagement from downtown businesses. 6.1 Presentations, Awards, and Recognition Mayor Dietz presented a plaque to Captain Kluntz for 30 years of service. 6.2 Recognition of Councilmember Ovall Mayor Dietz presented a plaque to Councilmember Ovall. 8.1 Awarding the sale of bonds, Series 2020A, Series 202013, and Series 2020C Ms. Ziemer presented the staff report. Terri Heaton, from Baker Tilly, joined via Zoom and outlined cost savings under the original estimates. Mayor Dietz asked about getting to a AAA bond rating. Ms. Heaton feels it is a possibility in the next few years dependent on socioeconomic factors and tax base growth, but a AAA would be more about bragging rights than basis point change. Moved by Councilmember Westgaard and seconded by Councilmember Ovall to adopt Resolution 20-92 awarding the Sale of General Obligation Capital Improvement Plan Bonds, Series 2020A to Robert W. Baird & Co., Inc. Motion carried 5-0. Moved by Councilmember Westgaard and seconded by Councilmember Wagner to adopt Resolution 20-93 awarding the Sale of General Obligation Capital Improvement Plan Refunding Bonds, Series 2020B to Robert W. Baird & Co., Inc. Motion carried 5-0. Moved by Councilmember Westgaard and seconded by Councilmember Christianson to adopt Resolution 20-94 awarding the Sale of Taxable General Obligation Sewer Revenue Refunding Bonds, Series 2020C to UMB Bank, N.A. Motion carried 5-0. rr�frEr �r [NATURE]