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Home My WebLink About1973-10-24 - 8 Bozeman, Hontana 24 October 1973 The Commission of the City of Bozeman met in regular session Wednesday, 24 October 1973, at 1:15 o'clock p.m. Present were Mayor Grabow, Commissioner Sedivy, Commissioner Lehrkind, Commissioner Vand-. eventer, Commissioner Vollmer, City Manager Fryslie, Assistant City Manager Keyes, City Attorney Berg and the Clerk. Commissioner Vollmer opened the meeting with a prayer and the following proceedings were had. Minutes of the regular meeting held 24 October were approved as read. ~~thority t~ Call for Bids - Tractor-Backhoe-Loader, Cemete~_p~par~ment - Open 14 Novembe,~ The Cemetery department has need for a 1973 tractor-backhoe-loader in the approximate amount of $8,500.00 with a 1957 trade-in, bids to be received and opened 14 November 1973. It was moved by Com- missioner Sedivy, seconded by Commissioner Lehrkind, that the purchase of the tractor-backhoe-loader be authorized and the Clerk be directed to issue a "Call for Bids" to be openea 14 November and the motion was carried by the following Aye and No vote: those voting Aye being Commissioner Sedivy, Com- missioner Lehrkind, Commissioner Vandeventer, Commissioner Vollmer, and Hayor Grabow; those voting No, none. Authori ty to Call for Bids - l1etal Building for Landfill, open ]'~"l'!.oyember. The City Manager requested authorization to call for bids for the purchase of a new metal building for the landfill with an opening date of 14 November 1973. It was moved by Commissioner Lehrkind, seconded by Commissioner Vandeventer that they authorize the purchase of the new metal building for the landfill and the Clerk of the Commission be directed to issue a "Call for Bids" to be opened on 14 November 1973 and the motion was carried by the following Aye and No vote: those voting ~ye being Commissioner Lehrkind, Commissioner Vandeventer, Commissioner Sedivy, Commissioner Vollmer, and l1ayor Grabow; those voting No, none. ~esolution No. 1623 - Fixing Amount and Maturity Date~Bo~ds, SID No. ~25,526, 527, 528, 529, 53Q_~ ". 53?~3_:i The City Manager presented Commission Resolution No. 1623 setting the date, maturity date and prin- cipal amount of bonds issued in SID No. 525, entitled: CO~1ISSION RESOLUTION NO. 1623 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN FIXING THE DATE, MATURITY DATE MID THE PRINCIPAL M~OmIT OF BONDS TO BE ISSUED IN SPECIAL IMPROVEMENT DISTRICT NO. 525. It was moved by Commissioner Vandeventer, seconded by Commissioner Vollmer, that Commission Resolu- tion No. 1623 be passed and adopted and the motion ,TaS carried by the following Aye and No vote: those voting Aye being Commissioner Vandeventer, Commissioner Vollmer, Commissioner Lehrkind, Commissioner Sedivy, and Mayor Grabow; those votinr; Ho, none. The City Manager presented Commission Resolution No. 1624 setting the date, maturity date and prin- cipal amount of bonds issued in SID 526, entitled: CO~1ISSION RESOLUTION NO. 1624 A RESOLUTION OF THE CITY COMHISSION OF THE CITY OF BOZEMAN FIXInG THE DATE, MATURITY DATE AND THE PRINCIPAL AMOUNT OF BONDS TO BE ISSUED IN SPECIAL IMPROVE~mNT DISTRICT NO. 526. It was moved by Commissioner Vollmer, seconded by Commissioner Sedivy, that Commission Resolution No. 1624 be passed and adopted and the motion .Tas carried by the following Aye and No vote: those voting Aye being Commissioner Vollmer, Commissioner Sedivy, Commissioner Lehrkind, Commissioner Vandeventer, and Hayor Grabow; those voting No, none. I I I 1 1 1- 9 The City Hanager presented Commission Resolution No. 1625 setting the date, maturity date and nrin- cipal amount of bonds issued in SIn No. 527, entitled: COMl/fISSION RESOLUTION :NO. 1625 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEH^-N FIXING ~HE DATE, MATURITY DATE AND THE PRINCIPAL AMOUNT OF BONDS TO BE ISSlJED IN SPECIAL IMPROVE!'{ENT DISTRICT NO. 527. It was moved by Commissioner Sedivy, seconded by Commissioner LehrJdnd, that Commi.ssion 'Resolution No. 1625 be passed and adopted and the motion waS carried by the following Aye and No vote: those voting Aye being Commissioner Vollmer, Commissioner Sedivy, Commissioner Lehrkind, Commissioner Vandeventer, and Hayor Grabow; those votinp; No, none. The City Manager presented Commission Resolution No. 1626 settinr: the date, maturity date and nrin-- cipal amount of bonds issued in SID No. 528, entitled: cm1MISSION RESOLUTION NO. 1626 A RESOLUTION OF THE CITY COmU8SION OF TEF CITY OF BOZEMAN FIXING ~HF DATE, rft'J\TURITY DATE AND THE PRINCIPAL NfOillJT OF BONDS TO BE ISSUED IN SPECIAL IMPROVEI1ENT DISTRICT NO. 528. It was moved by Commissioner Lehrkind, seconded by COMl".issioner Vollmer, that Commission Resolution No. 1626 be passed and adopted and the motion "Tas carried by the following f~re and !To vote: those votin{! Aye being Commissioner Lehrkind, Commissioner Vollmer, Commissioner Sedivy, Commissioner Vandeventer, and Mayor Grabow; those voting No, none. The City Hanap;er presented Commission Resolution No. 1627 setting the date, J:1aturity date and nrin- cipal amount of bonds issued in SID No. 529, entitled: CO~~1ISSION RESOLl~ION NO. 1627 A RESOLUTION OF THE CITY Cm1MISSION OF THE CITY OF BOZEI'1J\N li'IXING THE DATE, HATURITY DATE AND THE PRINCIPAL AJ~OUNT OF BONDS TO BE ISSUED IN SPECIAL I!1PROVEHENT DISTRICT NO. 529. It was moved by Commissioner Vandeventer, seconded by Commissioner Vollmer, that Commission Resolution No. 1627 be passed and adopted and the motion was carried by the following ~ye and No vote: those voting Aye being Commissioner Vandeventer, Commissioner Vollmer, Commissioner Lehrkind, Cornmissioner Sedivy, and r-1ayor Grabow; those voting No, none. The City r1anager presented Commission Resolution No. 1628 setting the date, maturity date and prin- cipal amount of bonds issued in SID No. 530, entitled: COM!'1IRSION RESOLUTION NO. 1628 P.. RESOLUTION OF THE CITY Cm1HISSION OF THE CITY OF BOZEHAN FIXINn THE DATE" MATURITY DATE AND THE PRINCIPAL AHOUNT OF BONDS TO BE ISSUED IN SPECIAL IMPROVEMENT DISTRICT NO. 530. It was moved by Commissioner Vandeventer, seconded by Commissioner Sedivy, that Commission Resolution No. 1628 be passed and adopted and the motion was carried by the following Aye and No vote: those voting Aye being Commissioner Vandeventer, Commissioner Sedivy, Commissioner Lehrkind, Commissioner Vollmer, and Ha,yor Grabow; those voting No, none. The City Hanager presented Commission Resolution No. 1629 settinr; the date, maturity date and prin- cipal amount of bonds issued in SID No. 532, entitled: CO}~~ISSION RESOLt~ION NO. 1629 A RESOLUTION OF THE CITY COMHISSION OF THE CITY OF BO~E1'~AN FIXING TEE DATE, MATURITY DATE AND THE PRINCIPAL AHOUNT OF BONDP TO BE ISSUED IN SPECIAL IMPROVEMENT DISTRICT NO. 532. It was moved by Commissioner Sedi~r, seconded by COMmissioner Lehrkind, that Commission Resolution No. 1629 be passed and adopted and the motion was carried by the following Aye and No vote: those voting ~. 10 Aye being Conunissioner Sedivy, Connissioner Lehrkind, Commissioner Vandeventer, Connissioner Vollmer, and Mayor Grabow~ those voting No, none. The City Hanager presented Commission Resolution Ho. 1630 settinp: the date, maturity date and nrin- cipal amount of bonds issued in SID 533, entitled: Cot1HISf,ION RESOLUTION NO. 1630 It RESOLUTION OF THE CITY Cm1HISSION OF THE CITY OF BOZE-fAN FIXING TIIF DATE, MATURITY DATE AND THE PRINCIPAL -^MOUNT OF BONDS TO BE ISSUED IN SPECIAL IMPROVm{RNT DISTRICT NO. 533. I It was moved by Commissioner Lehrkind, seconded by CommJssioner Vandeventer, that Commission Resolution No. 1630 be passed and adopted and the motion was carried by the follo"ring Aye and No vote; those voting Aye being Conunissioner Lehrldnd, Commissioner Vandeventer, Commissioner Sedivy, Commissioner Vollmer, and M~yor Grabow; those voting No, none. _B.~1?.o!:~_~.:_ The following reports were nresented: Cemetery Hater Collector The City Manager commented on the renorts and recommended approval thereof. It was moved by Com- missioner Vandeventer, seconded b3r Commissioner Vollmer, that the reports be anproved and ordered filed and the motion was carried by the following Aye and No vote; those votinp: Aye being Commissioner Vandeventer, Commissioner Vollmer, Commissioner Lehrkind, Commissioner Sedivy, and Ma:tor Grabow; those votinp: No, none. P.I'.2_~J.~~.i.9.Il_'::"'.~~_:r:is..~p._ Edl!9 R~J2}2..H e_e_k_.L_21-2l_9_c:~P2~I_ }'2JJ_!. Mayor Grabou proclaimed the "reek of 21-27 October as "American Education Heek" and urged all Bozeman Citizens, young and old, to seek involvement in the numerous facets of the education system in Bozeman and to re-affirm their interest in the aims and achievements and needs of the school age youth. It "ras moved by Commissioner Vollmer, seconded by Commissioner Sedivy, that the nroclamation as requested be endorsed and the motion vas carried by the following A,ve and No vote; those voting A;re being Commi.ssioner votinp: No, none. Vollmer, Commissioner Sedivy, Commissioner Lehrkind, Corr.missioner Vandeventer, and Hayor Grabow; those E.x~~:Ln.iL.:t_~.?_n__gJ:.,P~P..9.~_t..9_r.Y._p_e c\lri;:.:I~.~_~.s._ :,. In compliance vith the provisions of Section 16-2618, R.C.l1., 19117, the City Commission proceeded to examine the receipts of Depository Bonds and Securities held by the Director of Finance as security for City funds deposited in Bozeman Banks. It vas moved by Commissioner Sedivy, seconded by COIPmissioner Lehrkind. that the securities be approved and a list of these be set forth in full in the minutes of I the meeting and the motion was carried by the fOllowinp: ~ye and No vote; those votinp: Aye being Commissioner voting No, none. Sedivy, Commissioner Lehrkind. Commissioner Vandeventer, Commissioner Vollmer, and Hayor Grabow; those DEPOSITORY BONDS & SECURITIES As of -September- 30, 1973 FIRST NATIONAL BANK - Bozeman Federal Deposit Insurance Corporation Trusteed "ri th Federal Reserve Bank of 1.1'Ols. : BE-l U. S. Treas. :t-Totes, F-74, 5--7/8%. due 12-31m71t BE.l u. s. Treas. Notes, Ser F--74, 5-7/8%, due 12-31-74 State of Cali f ., St. Constr., Prop:ram Bd. Ser M, 3 .It%, due 7 -1-8It BE-l U. S. Trea~. Notes, Ser. D--76, 6--1/4%. due 11-15-76 St. of Maryland Hosp. Constr. Loan 1964, Ser. Z, Rate 3.10%, due 3-1..82 St. of Vermont Highvay Bds., Rate 3.60%, due 6-1-81 St. of New York Hsnp:. Bd., Rate 1--3/1t%, due 11-1-79 St. of Oregon Vets. -Welfa~e Bd., Ser XXII Rate 3.60%, due 1-15-81 St. of New Hampshire Cap. Imps. Bd. Univ. of N. H. 19G5, Rate 3.40%, ItES.!:.~PT.l~ TOTAL MmUNT It 20,000.00 Hl0874 HI0883 El1558 H11559 H13078 H13080 H13149 Hl3150 due 3-..1-.81 H13151 20,000.00 20,000.00 20,000.00 30,000.00 30,000.00 30,000.00 40,000.00 30,000.00 30,000.00 I I I I St. of Calif., Vets. Bd. Act. 1962, Ser. GG, Rate 3.4%, due 10,~1-81 U. S. Treasury Notes, Ser A-75, 5-3/11%, due 2-15-75 St. Bd. of Ed. Ex Offi cia Regents, !fontana Uni v. Sys. ~ HSU Bond Ser. 1970, 6% due 1-1-74 2 e 5000 due 1-1-75 2 @ 5000 d_ue 1-1-76 3 @ 5000 Bozeman High Sch. Dist. of Gallatin Co., Mont. Sch. Bldg. Bond, Rate 3%, due 7-1-77 15 @ 1000 U. S. Treasury Note Ser. A-'74, due 11-15-74, 5-3/4% U. S. Treasury Notes Ser. A-79, 6-1/4%, due 8-15-79 State of Wisconsin G. O. Bd. of 1970 Ser. C. 6.70%, due 6-1-80 Baltimore Co. Maryland, Operat., Bldgs. Bd., 6%, due 10-1-78 State of Louisiana, Highway Bd., Ser 1971-G, 1L6%. due 12-15..78 Anne Arundel County, Maryland, G. O. Bd. Sch., Ser. 1970, G.50X due 11-1-79 SECURITY BANK & TRUST COMPAlTY - Bozeman Federal Deposit Insurance Corporation Trusteed with Northwestern National Bank of Hpls.: Gall. Co., Mont. Sch. Dist. #44, Belgrade, Rate 4.10%, due 1-.1-77, Sch. Bds. 4% due 1-1--76 11X due 1-1-75 4% due 1-1-74 Trusteed with National Bank of Commerce of Seattle: U. S. Treas. Bonds 4%, due 8-15-73 Trusteed with Northwestern National Bank of Mpls: Le"ri s Ft Clark Co., Mon., School Dist. #1 Helena Bond, 6%, due 6-1-74 due 6-1-76 New York State, 5.00%, due 2-1-85 New York Job Devel. Auth., 5.10%, due 3-1-78 Trusteed with United Bank of Denver: State Bd. of Ed. Ex Officio Regents, Mont. Univ. Sys., Bds. 4-5/8%, due 1-1-86 Chateau Co. Mont. Sch. Dist. #44 Bldg. Bonds 5.60% due 12-30-87 5.50% due 12-30-86 5.20% due 12-30-811 Chateau Co. High Sch. Dist. #111 Bldg., Bd. 5 .60% due 12-30--87 5.50% due 12-30-86 5.20% due 12-30--84 New York City, N. Y., G. O. Bds., 5%. due 5-1-77 Missoula Cty, Mt., Airport G. O. Bds., 5.20%, due 7-1-81 Trusteed with Federal Reserve Bank of Hpls: U. S. Treas. Bds. of 1980, 3-1/2%, due 11--15-80 Trusteed with United Bank of Denver: Lewis-Thurston Co. vTashington Centralia Jt. G. o. Bds., 3-5/8%, due 4-1-77 Kenai Peninsula Borough, Alaska, G. o. School, 5.70%, due 5-1-83 Trusteed with Northwestern National Bank of Hpls: State of Alaska. 1972 Series A, 6%, due 2-1~-84 State of New Jersey, Public Bldg. Bonds, Series I, 5.50%, due 3-~1-82 State of Minnesota, 6%, due 9-1-81 HONTANA NATIONAL BANK .- Bozeman Federal Deposit Insurance Corporation Trusteed with Marquette National Bank, Hpls: State of Mont., Co. of Dmfson, Glendive, Water F: Sewer Stat. Rd., due 7-1-79, 5.1% Ennis, Bont., Madison Co., Sewer Constr. Bd., due 9--1-67/86, 4.45% state of Montana, Co. of,Tefferson, Boulder, G. O. Sewer Sys., due 2--15-72/87, 4.71% Ctate of Mont., Co. of Madison, Seh. Dist. #5, due 11-1-71/87,5.0% Trusteed with Federal Reserve Bank of Hpls: Three Forks H. S. Dist. #J-24, Gal. & Brdwtr, 5%, due 1-1-89 Sch. Dist. #1, Silver Bow Cnty, ~~ont., 11%, due 7-1-85 Mineral Co., Hont. Hasp. Bd., 4.50%, due 12-15--84 Seh. Dist #3 of Ravalli Co., !1ont. 5%, due 1-1-86/88 Seh. Dist 113 of Lewis & Clark Co., Hont. 1+.7%, due 12--15-86 Gallatin Co., Mont., H. S. Bldg, 2.30% due 7-1-711 Grade Seh. Di st. #11 of Powell Co., Mont., Bldg. Bond, 6%, due 6-4-74 6% due 6-4-75 6% due 6-4-76 RECEIPT # E13152 H14599 H14759 E11f761 IU117()2 H14765 HII-J.825 H14827 H15824 E15994 H15995 II15997 3032 3033 3034 3035 3103 3777 3778 41+60 44.()1 3819 3820 3822 3823 38211 3825 3826 1~1145 Il1~46 EI0274 3949 3951 11969 4071 11-072 14011 2729 2914 341[9 1u4237 1114238 Iu4239 1n1+211O 1Ul1211.1 H26019 H26027 H26028 1126029 11 , -rFl,O'J:'AhPJi0!ITIT_ 30,000.00 200,000.00 10,000.00 10,000.00 15,000.00 15,000.00 50,000.00 100,000.00 100,000.00 50,000.00 85,000.00 50,000.00 :1; 9'8-~f~-()o'()'..OO- $ 20,000.00 5,000.00 5,000.00 5,000.00 5,000.00 100,000.00 15,000.00 6,000.00 100,000.00 100,000.00 15,000.00 13,000.01) 13,000.00 2,000.00 18,100.00 18,100.00 18,100.00 20,000.00 14,000.00 1-1-0,000.00 25,000.00 25,000.00 100,000.00 100,000.00 ___1- 0 q..&O.Q_~.9_Q. $ 882,300.00 '" (+) 20.000.00 35,000.00 87,500.00 62,800.00 37,500.00 10,000.00 15,000.00 13,600.00 45,500.00 16,000.00 10,000.00 1,000.00 l,OOO.OC 1,000.00 12 6%due h-h-77/89 City of Polson, ~1ont., G. O. Bonds of 1970,6% due 1-15-75 6% due 1-.15-74 6% due 1-15-76 6% due 1-15-77, 79/90 State of Havaii, G. 0.' Bonds of 1969, 5.20%, due 3-1-88, Com. Prince George's Co., Maryland, Pb. Seh. Bond of 1969, due 6-1-76,6% St. of Calif., fit. Sch. Bldp;. Aid due 11-1-84, Series t!r-f, 11.1~0% St. of Calif., Vet. Bd. Act. of 1956, f)eries (), due 10-1-81, 3% Cty. of Hudson, N. J., Road Bond of 1970, due 10-1-811, 7.30% RECEIPT # H26032---- m~60311 II26035 H26036 F?Go40 H26356 1126357 H26360 H26361 H26363 WESTERN BAlIK OF BOZEMAN - Bozeman Federal Deposit Insurance Coruoration Trusteed with First National Bank of Mp1s: U. S. A. Treasury Note 6%, due 9-30".74 U. S. A. Treasury Notes 6%, due 9-30-711 U. S. A. Treasury Notes 5.875%, due 12-31.""711 Federal Home Loan Bank 7.20%, due 5-25-76 3590 3857 11230 11360 TOTAL AHOUNT ~.'-""--""'~,- 13,000.00 1,875.00 3,750.00 1,875.00 31,875.00 1,875.00 25,000.00 I 5,000.00 9,000.00 "F"'- 5 , OOQ-=.99.. ",,1+62,275.00 $ 20,000.00 100,000.00 100,000.00 200,000.00 "..J2g_,_0~0_0_~0_Q_ $570,000.00 This is to certify that we, the Commission of the City of Bozeman, in compliance vith the Provisions, of Section 16..-2618 R. C. H., 1947 have this day examined the reeeiuts of the Federal Reserve Bank of Hinneapolis, the Northvestern National Bank of Minneapolis, the t-farnuette National Bany. of Hinneapolis, and the National Bank of Commerce of Seattle, for the Depository Bonds held by the Director of Finance as security for the deposit for the City of Bozeman Funds by the several banks of Bozeman and find them to be as above stated. Signed By: WILLIAM E. GRABOH, Mayor ~'"~",'_, '_'''''_'._'_''~''-+._'''''''.~'''~~''_~~ ~,_"_.,,_,,,;J.'._."'_ K:pHm~~l'_~~('~nT:"YX.LS::_C?!lJ!ll_~__ ___ 9~R~.~EIIBFJJrp_~__I;rI~_.~C~o!lJ!ll_~__ :TN,~f..]i.:...~()f.J:'~1F8_,._~2~~_.____ !~T.~T:_.__.!L._"Y~PBY1::~TT:E?:"L_S'6'~_~_._ Dated 19 November 1973 A~19Y..!El!!..ent_ I There being no further business to come before the Commission at this tiM.e, it ,.ras moved by Commissioner Lehrkind, seconded by Commissioner Vandeventer, that the meetinp; be adjourned and the motion 'las carried by the follo'Ting ~ye and No vote: those votinp; Aye being Commissioner Lehrkind, Commissioner Vandeventer, Commissioner Sedivy, Commissioner VOllmer, and Mayor Grabov; those votin~ No, none. " ATTEST; (J .. ~.. ...-:~... /.. _~<'f~:-L: _!!..::.~~__ ERNA V. HARDIN , Clerk of the City Commission I