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05-16-1994
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05-16-1994
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4/26/2012 2:04:31 PM
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City Clerk
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Minutes
Date
5/16/1994
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CONSENT CALENDAR <br /> <br />BUDGETARY MATTERS <br /> <br />APPROPRIATION ADJUSTMENTS <br /> <br />20.A. <br /> <br />APPROPRIATION ADJUSTMENT 94-199 - STREET LIGHT LOAN <br />REFINANCING <br /> <br />Motion: 1. Award. <br /> <br />Four-year street light refinancing contract to Security Capital Corporation in the <br />annual amount of $28,583.70 - Finance and Management Services <br /> AGMT 94-044 <br />2. Approve. (Requires five affirmative votes) <br /> <br />Receipt of lease obligation proceeds revenue in Fund 11 recognizing $99,305.00 <br />and appropriating same for principal payments to defease old street light loan <br />which has a 9.5% interest rate for a new lease obligation with a 6.49% <br />obligation - Finance and Management Services FILE APAD <br /> <br />20.B. <br /> <br />Motion: <br /> <br />APPROPRIATION ADJUSTMENT 94-214 - HOUSING AUTHORITY STAFF <br />TRAINING ON SECTION 8 PROGRAM <br /> <br />Approve. (Requires five affim~ative votes) <br /> <br />Receipt of unanticipated Housing Authority operating reserve revenue in Fund <br />136 recognizing $7,500.00 and appropriating same to provide training and <br />certification for all Housing Authority staff - Finance and Management Services <br /> FILE APAD <br /> <br />20.C. <br /> <br />Motion: <br /> <br />APPROPRIATION ADJUSTMENT 94-210 - RAILROAD CROSSING <br />CONSTRUCTION <br /> <br />Authorize the City Attorney to prepare and the Mayor and Clerk of the Council <br />to execute agreement. <br /> <br />CONSTRUCTION OF CONCRETE RAILROAD CROSSINGS AT VARIOUS <br />LOCATIONS CITYWIDE - With Southern Pacific Lines for the City's <br />estimated share for Phases I and II of $81,650.00 - Public Works Agency <br /> AGMT 94-057 <br /> <br />CITY COUNCIL MINUTES 116 MAY 16, 1994 <br /> <br /> <br />
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