07-19-1988 CCMMINUTES
SPECIAL MEETING - HUTCHINSON CITY COUNCIL
TUESDAY, JULY 19, 1988
Mayor Ackland called the special meeting to order at 12:00 noon. Present were:
Mayor Paul L. Ackland, Aldermen Mike Carls, John Mlinar, and Pat Mikulecky. Ab-
sent: Alderman Marlin Torgerson. Also present: City Administrator Gary D. Plotz
and bond consultant Bill Fahey.
Mr. Bill Fahey of Ehlers & Associates reported on the seven bids for 1988
improvement bonds which were received this morning. It was also reported that
the City of Hutchinson has a bond rating of "A".
Following discussion, Alderman Mlinar moved to waive reading and adopt Reso-
lution No. 8832, awarding the sale to Norwest Investment Services, Inc. in the
amount of $813,640.00 and 6.713 interest rate. Motion seconded by Alderman
Mikulecky and unanimously carried.
The City Administrator reported that the utilities are so backlogged that they
would not be able to do any additional work on street lighting until next year.
The meeting adjourned at 12:10 P.M.
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