Loading...
06-05-78SpMtg 435 JUNE 5~ 1978 A Special Meeting of the City Council of the City of Delray Beach, Florida, was held in the Council Chambers at 7:10 P.M., Mon- day, June 5, 1978, with Mayor Leon M. Weekes presiding, City Manager J. Eldon Mariott, Assistant City Attorney Clifford O. Shandy and Council members Robert D. Chapin, Charlotte G. Durante, Aaron I. Sanson, IV, and James H. Scheifley present. Mayor Weekes called the meeting to order and announced that same had been called for the purpose of considering approval of char- coal filtration plan to increase water plant capacity, three items relative to the utility tax revenue bond issue and to consider appro- val of land lease agreement (City/Palm Beach County Solid Waste Authority). 1. City Manager Mariott advised that at a recent workshop meeting Russell & Axon proposed that the City use the charcoal filtration pro- cess to increase the plant capacity which Council informally approved at that time. At Mr. Chapin's request this meeting was called for Council to give official approval to this plan. Mr. Chapin moved that Council officially approve implementation of a charcoal filtration plan to increase the present water treatment capacity as recommended by the City Administration and its consulting engineers, seconded by Mr. Scheifley. Said motion passed unanimously. 2. The City Manager stated that a communication dated May 26, 1978, has been received from Stanley Ross, the City's fiscal agent, in which Mr. Ross suggests increasing the contemplated $4,000,000 utility tax revenue bond issue to $4,500,000 in order to provide sufficient fund- ing for the retirement(for the calling in) of an outstanding issue dated 1967. Mr. Ross estimates that by so doing the City would save approximately $40,000. Mr. Ross' fee for the $4,000,000 issue is $13,500 and his fee would be $1,000 more for the larger issue - a total of $14,500. The City Manager advised the only action Council is being asked to consider tonightis whether or not to increase the new bond issue by $500,000. Mr. Scheifley moved that Council increase the utility tax reve- nue bond issue from $4,000,000 to $4,500,000, seconded by Mrs. Durante, said motion passing unanimously. 3. The City Manager advised that this item is on the agenda at the request of Mr. Ross who is most anxious that Council formalize the re- tention of Mudge, Rose, Guthrie and Alexander as legal counsel for the tax revenue bond issue, and so that Mr. Ross can begin conversation with legal counsel. The Assistant City Attorney stated he has been in touch with Walter Breen of the aforementioned law firm and Mr. Breen has advised that his fee would be somewhere between $10,000 and $15,000. In talk- ing with Mr. Ross, the Assistant City Attorney stated it was Mr. Ross' opinion that $10,000 was a more realistic figure and felt this could be negotiated. Upon question by Mr. Sanson concerning the reason for retaining this firm over another, Mr. Scheifley advised that the firm has had a great deal of experience with municipal bond issues in South Florida and have been most helpful to the City on three or four occasions dur- ing the time Mr. Scheifley has been on Council. Mr. Chapin verified the fact that this firm, through reputation, is considered to be one of the best throughout the State and the nation. Mr. Sanson moved to retain the New York law firm of Mudge, Rose, Guthrie and Alexander as legal counsel for the utility tax revenue bond issue, and in regards to their fee, instruct the City Attorney's Office in conjunction with the City administration to negotiate the final fee, seconded by Mr. Scheifleyo Said motion passed unanimously. 4. The Assistant City Attorney advised that he had tried to deter- mine from past bond issues what the City Attorney's office has been charging for local legal counsel and has determined that it is one quarter of one percent; roughly $10,000 for this $4,500,000 bond issue. Mr. Ross also advised Assistant City Attorney Shandy that the City Attorney's fee should not exceed the New York counsel's fee. Mr. Chapin moved that Council authorize the hiring of the City Attorney's office to serve as local counsel for the utility tax reve- nue bond issue at a fee not to exceed $10,000, seconded by Mr. Scheifley. Said motion passed unanimously. 5. The City Manager advised that he is in receipt of a memorandum dated May 5, 1978, from the City's Finance Director setting forth the financial terms that the City has been attempting to negotiate with Tim Hunt of the Solid Waste Authority and agreement has been informally reached. The City Attorney's office has finalized the agreement this date. The Assistant City Attorney stated he talked with the attorney for the Solid Waste'Authority, James Adams, and went over the agree- ment with him; Mr. Adams is in accord with these provisions. There is one correction to be made in the lease - at the bottom of page two, next to last paragraph, second line - where it says, the site at the "term", it should read "termination". Mrs. Durante moved for the approval of the land lease agreement between the City of Delray Beach and the Palm Beach County Solid Waste Authority, seconded by Mr. Sanson. Said motion passed unanimously. Mr. Scheifley moved at 7:29 P.M., for the adjournment of the meeting, seconded by Mrs. Durante, said motion passing unanimously. APPROVED: :~.: MAYOR The undersigned is the City Clerk of the City of Delray Beach and that the information provided herein is the minutes of the meeting of said City Council of June 5, 1978, which minutes were formally ap- proved and adopted by the City Council on __ y City Clerk NOTE TO READER If the minutes that you have received are not completed as indicated above, then this means that these are not the official minutes of City Council They will become the official minutes only after they have been reviewed and approved which may involve some amendments, additions or deletions to the minutes as set forth above. - 2 - 6/5/78