10-10-2000 HUCMSpecial Commission Meeting
October 10, 2000, Noon
Members Present: Vice President, David Wetterling; Secretary Craig Lenz (on
speaker phone); Commissioner Donald Walser, General Manager Kadrmas,
Business Manager, Patrick Spethman, and James Prosser (on speaker phone),
of Ehlers and Associates, Inc.(City of Hutchinson finance advisors).
Commissioner Walser made a motion to adopt a resolution relating to $4,000,000
general obligation public utility revenue bonds, series 2000A; authorizing the
Hutchinson City Council to provide for the issuance and sale thereof. Vice
President Wetterling seconded that motion and it passed unanimously.
Commissioner Walser made a motion to accept the bond financing of Hanifen,
Imhoff Division of Stifel, Nicolaus and Company Incorporated from Denver,
Colorado, for the low effective true interest rate of $4.8796 %. Secretary Lenz
seconded the motion and it passed unanimously.
There being no further business at this time, Commissioner Walser made a
motion to adjourn. Seconded by Vice President Wetterling the motion passed
unanimously.
Craig Lenz Secretary
Attest:
Paul L. Ackland, President
Special Commission Meeting
October 10, 2000, Noon
Members Present: Vice President, David Wetterling; Secretary Craig Lenz (on
speaker phone); Commissioner Donald Walser, General Manager Kadrmas,
Business Manager, Patrick Spethman, and James Prosser (on speaker phone),
of Ehlers and Associates, Inc.(City of Hutchinson finance advisors).
Commissioner Walser made a motion to adopt a resolution relating to $4,000,000
general obligation public utility revenue bonds, series 2000A; authorizing the
Hutchinson City Council to provide for the issuance and sale thereof. Vice
President Wetterling seconded that motion and it passed unanimously.
Commissioner Walser made a motion to accept the bond financing of Hanifen,
Imhoff Division of Stifel, Nicolaus and Company Incorporated from Denver,
Colorado, for the low effective true interest rate of $4.8796 %. Secretary Lenz
seconded the motion and it passed unanimously.
There being no further business at this time, Commissioner Walser made a
motion to adjourn. Seconded by Vice President Wetterling the motion passed
unanimously.
Attest: c� 11MI'lf-
Paul L. Acklan , President
raig Lenz S re �iq
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Advertisement for Bids
for
"McLeod Substation Site Work"
Hutchinson Utilities Commission
Hutchinson, Minnesota
Notice is hereby given that the Hutchinson Utilities Commission of the City of
Hutchinson, Hutchinson, Minnesota, hereinafter referred to as the Owner, will receive
sealed Bids at the Hutchinson Utilities office, and will publicly open and read aloud such
Bids on the following work and equipment:
"McLeod Substation Site Work"
Proposals shall be properly endorsed and delivered in an envelope marked,
"McLeod Substation Site Work" and shall be addressed to: Hutchinson Utilities
Commission of the City of Hutchinson, 225 Michigan Street SE, Hutchinson, Minnesota
55350.
All proposals shall be submitted in duplicate on the Bidder's own letterhead in
facsimile of the Proposal Form enclosed in the Specifications, or by utilizing the
Proposal Form enclosed with the Specifications by typing the official name of the Bidder
at the top of the form.
Each proposal shall be accompanied by a Bid Bond, made payable to the
Hutchinson Utilities Commission of the City of Hutchinson, Hutchinson, Minnesota, in the
amount of five per cent (5 %) of the Bid, as a guarantee that the Bidder will enter into the
proposed Contract and provide a Performance Bond after his Bid shall have been
accepted.
The successful Bidder shall furnish a Performance Bond in an amount equal to
one hundred per cent (100 %) of the Contract price to the Owner prior to the approval of
the Contract.
No Bidder may withdraw his Bid or Proposal for a Period of thirty (30) days after
date of opening of Bids.
At the aforementioned time and place, or at such later time and Place as the
Owner then may fix, the Owner will act upon Proposals received and with its sole
discretion may award Contract(s) for the furnishing of said equipment.
The work shall be started within ten (10) days after award of Contract(s).
Specifications and Plans are available at the Office of the Hutchinson Utilities,
225 Michigan Street, Hutchinson, Minnesota 55350.
The Hutchinson Utilities Commission of the City of Hutchinson, Hutchinson,
Minnesota reserves the right to reject any and all bids.
B
Y A—I � &LJ
Paul L. Ackland, Vice President
Date September 27, 2000
U
Dav-i`d J. Wetterling, Secretary
Date �1 �/ l�
Advertisement for Bids
for
"McLeod Substation Concrete Foundation"
Hutchinson Utilities Commission
Hutchinson, Minnesota
Notice is hereby given that the Hutchinson Utilities Commission of the City of
Hutchinson, Hutchinson, Minnesota, hereinafter referred to as the Owner, will receive
sealed Bids at the Hutchinson Utilities office, and will publicly open and read aloud such
Bids on the following work and equipment:
"McLeod Substation Concrete Foundation"
Proposals shall be properly endorsed and delivered in an envelope marked,
"McLeod Substation Concrete Foundation" and shall be addressed to: Hutchinson
Utilities Commission of the City of Hutchinson, 225 Michigan Street SE, Hutchinson,
Minnesota 55350.
All proposals shall be submitted in duplicate on the Bidder's own letterhead in
facsimile of the Proposal Form enclosed in the Specifications, or by utilizing the
Proposal Form enclosed with the Specifications by typing the official name of the Bidder
at the top of the form.
Each proposal shall be accompanied by a Bid Bond, made payable to the
Hutchinson Utilities Commission of the City of Hutchinson, Hutchinson, Minnesota, in the
amount of five per cent (5 %) of the Bid, as a guarantee that the Bidder will enter into the
proposed Contract and provide a Performance Bond after his Bid shall have been
accepted.
The successful Bidder shall furnish a Performance Bond in an amount equal to
one hundred per cent (100 %) of the Contract price to the Owner prior to the approval of
the Contract.
No Bidder may withdraw his Bid or Proposal for a Period of thirty (30) days after
date of opening of Bids.
At the aforementioned time and place, or at such later time and Place as the
Owner then may fix, the Owner will act upon Proposals received and with its sole
discretion may award Contract(s) for the furnishing of said equipment.
The work shall be started within ten (10) days after award of Contract(s).
Specifications and Plans are available at the Office of the Hutchinson Utilities,
225 Michigan Street, Hutchinson, Minnesota 55350.
The Hutchinson Utilities Commission of the City of Hutchinson, Hutchinson,
Minnesota reserves the right to reject any and all bids.
By 6-,Z °
P aul L. Ackland, Vice President
Date September 27, 2000
M
David. Miterling, Secretary
Date 1' 2,;/ M
I