cp01-03-2000 ci
AGENDA
HUTCHINSON CITY COUNCIL
SPECIAL ORGANIZATIONAL MEETING
MONDAY, JANUARY 3, 2000
1. CALL TO ORDER — 7:30 A.M.
2. INSTALLATION OF NEWLY ELECTED CITY COUNCIL MEMBERS:
➢ MAYOR MARLIN TORGERSON
➢ COUNCIL MEMBER KAY PETERSON
➢ COUNCIL MEMBER DUANE HOVERSTEN
. f 1f •
(a) RESOLUTION NO. 11383 — DESIGNATING OFFICIAL NEWSPAPER
(b) RESOLUTION NO. 11384 — APPOINTING CITY ADMINISTRATOR
FOR 2000
(c) RESOLUTION NO. 11385 — DESIGNATION OF DEPOSITORIES OF
CITY FUNDS IN COMMERCIAL BANKS AND INSTITUTIONS
(d) RESOLUTION NO. 11386 — DESIGNATION OF DEPOSITORY OF
CITY FUNDS, FEDERAL SAVINGS AND LOAN ASSOCIATIONS
(e) RESOLUTION NO. 11387 — RESOLUTION APPROVING
SECURITIES FOR COLLATERAL FROM CITIZENS BANK AND
TRUST CO. OF HUTCHINSON, MINNESOTA
(fl RESOLUTION NO. 11388 — RESOLUTION APPROVING
SECURITIES FOR COLLATERAL FROM MARQUETTE BANKS OF
HUTCHINSON, MINNESOTA
(g) RESOLUTION NO. 11389 — RESOLUTION APPROVING
SECURITIES FOR COLLATERAL FROM FIRST FEDERAL FSB OF
HUTCHINSON, MINNESOTA
(h) RESOLUTION NO. 11390 — RESOLUTION APPROVING
SECURITIES FOR COLLATERAL FROM BREMER BANK OF
HUTCHINSON, MINNESOTA
Action - Motion to reject — Motion to approve
a
4. NEW BUSINESS
(a) SELECTION OF COUNCIL'S VICE PRESIDENT — JOHN MLINAR
Action — Motion to elect
(b) DESIGNATION OF COUNCIL REPRESENTATIVES:
1. AIRPORT COMMISSION — Marlin Torgerson
2. HUTCHINSON AREA HEALTH CARE BOARD — Duane
Hoversten
3. HUTCHINSON COMMUNITY DEVELOPMENT CORP.
BOARD (EDA) - Jeff Haag
4. HUTCHINSON HOUSING, INC. (HRA) — Duane Hoversten
5. LIBRARY BOARD — Kay Peterson
6. MID- MINNESOTA COMMISSION — John Mlinar
• 7. PARKS, RECREATION, COMMUNITY EDUCATION
ADVISORY BOARD — John Mlinar
8. PLANNING COMMISSION — Jeff Haag
9. HUTCHINSON SAFETY COUNCIL — Kay Peterson
10. LIGHT TRAFFIC ADVISORY BOARD — Kay Peterson
11. TELECOMMUNICATIONS COMMISSION — Marlin Torgerson
Action — Motion to ratify Mayor's appointments
(c) APPOINTMENTS TO HEALTH BOARD:
➢ Dr. JAMES ALLEN
➢ DR. DAVID BYRON
➢ DR. DENNIS MURPHY
Action — Motion to ratify Mayor's appointments
5. ADJOURNMENT
• RESOLUTION NO. 11383
DESIGNATING OFFICIAL NEWSPAPER
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUTCHINSON,
MINNESOTA:
THAT, The Hutchinson L ad r be designated the official
newspaper during the calendar year of 2000 for the City of
Hutchinson.
Adopted by the City Council this 3rd day of January, 2000.
Marlin Torgerson
Mayor
ATTEST:
Gary D. Plotz
City Administrator
0
0 RESOLUTION NO. 11384
APPOINTING CITY ADMINISTRATOR FOR 2000
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUTCHINSON,
MINNESOTA:
THAT, the following appointment to the indicated executive
office of the City of Hutchinson is made for the period of one
year. Compensation shall be continued as agreed upon by separate
Council action:
City Administrator Gary D. Plotz
Adopted by the City Council this 3rd day of January, 2000.
Marlin Torgerson
Mayor
ATTEST:
Gary D. Plotz
City Administrator
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3-4'
0 RESOLUTION NO. 11385
DESIGNATION OF DEPOSITORIES OF CITY FUNDS
IN COMMERCIAL BANKS AND INSTITUTIONS
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUTCHINSON,
MINNESOTA:
THAT the following named banks and institutions, which are
authorized to do a banking business and act as depositories in
Minnesota, be and they hereby are designated depositories of the
Public Funds of the City of Hutchinson in the County of McLeod,
State of Minnesota, by the City Council of said City, for the term
commencing January 1, 2000 for one year:
CITIZENS BANK & TRUST COMPANY, HUTCHINSON, MN
FIRST MINNESOTA BANK, HUTCHINSON, MN
MARQUETTE BANKS OF HUTCHINSON, HUTCHINSON, MN
BREMER BANK, HUTCHINSON, MN
NORWEST BANK, HUTCHINSON, MN
US BANK NATIONAL ASSOCIATION, MINNEAPOLIS, MN
4 M FUND - LEAGUE OF MINNESOTA CITIES
FIRST FEDERAL FSB - HUTCHINSON, MN
SALOMON SMITH BARNEY
PRUDENTIAL SECURITIES
MILLER, JOHNSON & KUEHN, INC.
upon terms and conditions following, to -wit:
THAT this designation is subject to the right of said City of
Hutchinson, Minnesota to modify, vacate, or revoke the same
according to law, and also subject to any depository agreement
executed pursuant to Minnesota Statutes, Section 118.01 and Section
475.66, and
2 —n
RESOLUTION NO. 11385 0
THAT the use of these depositories other than those located in
the City of Hutchinson shall be for monies from the proceeds of
bond sales or grant reimbursement monies only. The interest rate
from these institutions must exceed the interest rate of City
financial institutions by more than .5%.
THAT the City Administrator of the City of Hutchinson is
hereby authorized and directed to deposit in said banks and
institutions in special funds to be known as "City of Hutchinson"
all monies that may come into his hands.
BE IT FURTHER RESOLVED:
THAT a copy of this resolution be filed with the City
Administrator and each of the banks and institutions so designated.
Adopted by the City Council this 3rd day of January 2000.
Marlin Torgerson
Mayor
ATTEST:
Gary D. Plotz
City Administrator
0
0
RESOLUTION NO. 11386
DESIGNATION OF DEPOSITORY OF CITY FUNDS
FEDERAL SAVINGS AND LOAN ASSOCIATIONS
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUTCHINSON,
MINNESOTA:
THAT First Federal FSB, Minnesota is hereby designated as an
official depository of and for funds of the City of Hutchinson up
to the maximum designated by law.
Adopted by the City Council this 3rd day of January, 2000.
!J
Marlin Torgerson
Mayor
ATTEST:
Gary D. Plotz
City Administrator
-3 - Ce P
0 RESOLUTION NO. 11387
RESOLUTION APPROVING SECURITIES FOR
COLLATERAL FROM CITIZENS BANK AND TRUST CO.
OF HUTCHINSON, MINNESOTA
WHEREAS, the Citizens Bank & Trust Co. of Hutchinson, a City
Depository, has presented collateral as follows for the City of
Hutchinson and Hutchinson Utilities:
Federal Home Loan
$1,000,000.00
5.645
03 -23 -01
Federal Home Loan
$1,000,000.00
6.00
01
-28 -03
Federal Home Loan
1,000,000.00
6.00
03
-26 -03
Fed. Home Loan Bank
1,000,000.00
6.00
07
-07 -04
Fannie Mae
1,000,000.00
6.20
06
-06 -00
FNMA
1,000,000.00
6.45
04
-23 -01
Fannie Mae
1,000,000.00
5.41
12
-15 -03
Tennessee Valley Auth.
1.000.000.00
6.00
11
-01 -00
TOTAL
$8,000,000.00
BE IT RESOLVED by the City Council of the City of Hutchinson,
Minnesota that the Treasurer be authorized to accept said
securities as collateral and that said collateral be deposited for
safekeeping.
Adopted by the City Council this 3" day of January, 2000.
ATTEST:
Gary D. Plotz
City Administrator
0
Marlin Torgerson
Mayor
—c
RESOLUTION NO. 11388
RESOLUTION APPROVING SECURITIES FOR
COLLATERAL FROM MARQUETTE BANK
OF HUTCHINSON, MINNESOTA
WHEREAS, the Marquette Bank of Hutchinson, a City Depository,
has presented collateral as follows for the City of Hutchinson and
Burns Manor Nursing Home:
qF.( : u • MAX l: Y/
GNMA Pool # •0 ••
BE IT RESOLVED by the City Council of the City of Hutchinson,
Minnesota that the Treasurer be authorized to accept said
securities as collateral and that said collateral be deposited for
safekeeping.
Adopted by the City Council this 3rd day of January, 2000.
0
Marlin Torgerson
Mayor
ATTEST:
Gary D. Plotz
City Administrator
0
RESOLUTION NO. 11389
RESOLUTION APPROVING SECURITIES FOR COLLATERAL
FROM FIRST FEDERAL fsb
OF HUTCHINSON, MINNESOTA
•
WHEREAS, the First Federal, fsb of Hutchinson, a City
Depository, has presented collateral as follows for the City of
Hutchinson, Hutchinson Utilities, and Hutchinson Community
Hospital:
U.S. Treasury 4890811034
FNMA Rem 12FA #920130001
FHLB F/R Note #930818001
FNMA 93 -138F #930728019
FNMA 93 -142F #931027007
FHLMC 1535FA #930628023 1
TOTAL
BE IT RESOLVED by the City Council of the City of Hutchinson,
Minnesota, that the Treasurer be authorized to accept said
securities as collateral and that said collateral be deposited for
safekeeping.
$1,000,000.00 02- 15 -16x
2,000,000.00 01- 25 -22x
2,000,000.00 08- 18 -05x
2,000,000.00 07- 25 -23x
1,243,908.00 08 -25 -23
3.000.000.00 12 -15 -22x
$11,243,908.00
Adopted by the City Council this 3rd day of January, 2000.
Marlin Torgerson
Mayor
E
ATTEST:
Gary D. Plotz
City Administrator
0 RESOLUTION NO. 11390
RESOLUTION APPROVING SECURITIES FOR
COLLATERAL FROM BREMER BANK
OF HUTCHINSON, MINNESOTA
WHEREAS, the Bremer Bank of Hutchinson, a City Depository, has
presented collateral as follows for the City of Hutchinson:
SECURITY AMOUNT MATURITY
MENASHA WI 150,000.00 04 -01 -03
ISD 42396 325,000.00 02 -01 -10
INV GROV H MN 275,000.00 02 -01 -11
INV GROV H MN 300,000.00 02 -01 -12
INV GROV H MN 325,000.00 02 -01 -13
WILLMAR MN 125,000.00 02 -01 -07
TOTAL $1,500,000.00
BE IT RESOLVED by the City Council of the City of Hutchinson,
Minnesota that the Treasurer be authorized to accept said
securities as collateral and that said collateral be deposited for
safekeeping.
Adopted by the City Council this 3rd day of January, 2000.
Marlin Torgerson
Mayor
ATTEST:
Gary D. Plotz
City Administrator
0
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