HomeMy WebLinkAbout1975-05-14
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Bozeman, Montana
It~ May 1975
The Commission of the City of Bozeman met in regular session in the Commission Room. Municipal
Building, 14 May 1975, at 1:15 o'clock p.m. Present were Mayor Sedivy, Commissioner Vollmer,
Commissioner Vandeventer, Commissioner Taylor, Commissioner Lehrkind, City Manager Frys1ie, Assistant
City Manager Wolf and the Clerk.
Commissioner Lehrkind opened the meeting with a prayer and the following proceedings were had:
Minutes of the regular meeting held on Wednesday, 7 May 1975, were approved as read.
Continued Bond Sale - S.1. D. No. 551 - $28.000.00 - Howard G. Lewis - 7 3/4%
The City Manager announced that this was the time and place set for the continuation of the bond
sale for Special Improvement District No. 551 in the amount of $28.000.00.
Howard G. Lewis having presented his good faith check in the amount of $1,400.00 as prescribed
by the Notice of Sale, and being the only bidder, bid 7 3/4% as the lowest effective interest rate
accruing to the City of Bozeman.
Following a discussion, it was moved by Commissioner Vollmer, seconded by Commissioner Vandeventer,
that they concur in the recommendation of the City Manager also concurred in by the Director of
Finance, that the sale of the bonds for Special Improvement District No. 551 be awarded to Howard G.
Le\"is. Bozeman. at 7 3/4% and the motion was carried by the following Aye and No vote: those voting
Aye being Commissioner Vollmer, Commissioner Vandeventer, Commissioner Taylor, Commissioner Lehrkind,
and Mayor Sedivy; those voting No. none.
Sijewalk-.--lE"ee ~lanting Proposal - lL Evans &.-.::!.:.~: Office Machines - Vari~
A Jetter received from Robert Evans and J. & H. Office Equipment requesting a variance to the
City code to allow them to plant two trees in front of the properties located at 119 and 121 West
Main Street was presented.
Greg Morgan and Robert Evans were present to explain their request for a variance to the City
Code.
The City Manager raised the question of whether this was the opportune time to do this type of
thing in vie'" of the upcoming Downtown Redevelopment programs.
Mr. Morgan stated their reason for requesting the variance was that they felt this was a
demonstration to determine whether the planting of trees was the proper type of beautification.
It was moved by Commissioner Vandeventer, seconded by Commissioner Taylor, tba-t-the-y.be granted
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a variance of the City code to plant two trees in front of the property at 119 and 121 East Main
Street on an experimental basis. The motion was carried by the following Aye. and No vote: tho~~
voting Aye being Commissioner Vandeventer, Commissioner Taylor, Commissioner Lehrkind, Commissioner
Vollmer and Mayor Sedivy; those voting No, none.
Park Recreation Program - a)
b)
Hawk Tennis Team Use of fiouth Side Courts
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Tennis Gl inic Proposal - 29uth Side Courts
a) The City Manager complied with the request of the City Commission and had contacted the
Recreation Board to review the schedule of the Tennis Courts. upon review by the Board Members,
they agreed to leave their recommended schedule the way it was approved at the April 19, 1975
meeting.
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b) The Tennis Clinic proposal for the South Side Courts was presented. The City Manager
informed the Commission that there are some policy problems that need to be resolved. Always in the
past the City has declined any proposal to undertake an income producing activity on City property.
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Allan Green. Chairman of the 'Community Recreation Board and A. Glen White, Recreation Director,
were present to explain the program. Montana State University Tennis Coach, Jerry Peach. was
present to discuss the tennis clinic.
Following an extended discussion. it was moved by Commissioner Lehrkind, seconded by Commissioner
Vollmer, that they table the Tennis Clinic proposal for a period of one week for further study and a
final decision on Wednesday. 21 May 1975. The motion was carried by the following Aye and No vote:
those voting Aye being Commissioner Lehrkind, Commissioner Vollmer, Commissioner Vandeventer and
Mayor Sedivy; those voting No. Commissioner Taylor.
Request for Sanitary Sewer S.1. D. - C. V. Henderson subdivision
A petition received from Mr. C. V. Henderson. petitioning the City of Bozeman to create a
special improvement district for the purpose of construction of sanitRry sewers in said subdivision
was presented.
The Commission concurred in the recommendation of the City Manager, and it was moved by Comm-
issioner Vollmer, seconded by Commissioner Vandeventer. that they instruct the City Attorney to
draw up the resolution of intention to create the district for the sanitary sewer construction as
soon as the City' staff furnishes the necessary information. The motion was carried by the following
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Aye and No vote: those voting Aye being Commissioner Vollmer, Commissioner Vandeventer, Commissioner
Taylor, Commissioner Lehrkind and Mayor Sedivy; those voting No, none.
Commission Resolution No. 1733 - Intent to Create S. 1. D, No. 554, Paving Figgins Addition -
Hearing 4 June 1975
COMMISSION RESOLUTION NO. 1733
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA. DECLARING IT TO BE THE INTENTION OF THE CITY OF
BOZEMAN. MONTANA, TO CREATE A SPECIAL IMPROVEMENT DISTRICT
TO BE KNOWN AS SPECIAL IMPROVEMENT DISTRICT NO. 554 FOR THE
PURPOSE OF CONSTRUCTING AND INSTALLING AN ASPHALTIC~CONCRETE
TYPE PAVEMENT, INTEGRAL CONCRETE CURBS AND GUTTERS, AND
NECESSARY APPURTENANCES THERETO ON MORROW STREET. SPRING
CREEK DRIVE, LANGOlffi. AVENUE BETWEEN ARNOLD STREET AND WEST-
RIDGE DRIVE, ARNOLD STREET BETWEEN LANGOHR AVENUE AND SmITH
THIRD A VENUE, AND tmSTR I DGE DR IVE BETWEEN LANGOHR A VENUE
AND SOUTH THIRD AVENUE IN THE FIGGIN'S ADDITION TO THE CITY
OF BOZEMAN.
as prepared by the City Attorney was presented.
The Commission concurred wit~he recommendation of the City Manager, and it was moved by
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Commissioner Vandeventer, seconded by Commissioner Taylor, that Commission Resolution No. 1733 be
passed and adopted and 4 June be the date set for public hearing and the motion was carried by the
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following Aye and No vote: those voting Aye being Commissioner Vandeventer, Commissioner Taylor,
Commissioner Lehrkind. Commissioner Vollmer and Mayor Sedivy; those voting No, none.
Reports
The following reports were presented:
Chief of Pol ice
Po lice Judge
Director of Public Service
Director of Finance
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The City Manager commented on the reports and recommended approval thereof. It was moved by
Commissioner Vollmer. seconded by Commissioner Vandeventer. that the reports be approved and
ordered filed and the motion was carried by the following Aye and No vote: those voting Aye being
Mayor Sedivy; those voting No. none.
Commissioner Vollmer. Commissioner Vandeventer. Commissioner Taylor, Commissioner Lehrkind and
Bozeman Lions club - Parade 17 June 1975
A letter received from the Bozeman Lions Club. Inc.. requesting permission to hold a parade in
connection with the N.I.R.A. on Tuesday, 17 June 1975, was presented. The parade is to begin on
South Church Avenue at Bogert Park and proceed north to Main Street and west on Main Street to
Eleventh Avenue to the Montana State University parking lot at Lincoln Avenue where it will disband.
It was moved by Commissioner Taylor, seconded by Commissioner Lehrkind. that permission to
conduct the parade be granted and the motion was carried by the following Aye and No vote: those
Vandeventer and Mayor Sedivy; those voting No, none.
voting Aye being Commissioner Taylor, Commissioner Lehrkind, Commissioner Vollmer, Commissioner
Certify Examination of Depository Securities
In compliance with the provisions of Section 16-2618. R.C.M.. 1947, Mayor Sedivy and
Commissioner Vollmer 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 was moved by
Commissioner Vandeventer, seconded by Commissioner Taylor, that the securities be approved and a list
of these be set forth in full in the minutes of the meeting. The motion was carried by the
following Aye and No vote: those voting Aye being Commissioner Vandeventer, Commissioner Taylor,
Commissioner Lehrkind, Commissioner Vollmer and Mayor Sedivy; those voting No. none.
DEPOSITORY BONDS & SECURITIES
As of March 31, 1975
FIRST NATIONAL BANK - Bozeman
Federal Deposit Insurance Corporation
Trusteed with Federal Reserve Bank of Minneapolis:
State of Calif.. St. CDnstr. Pr., Ser. M, 3.40%, due 7-1-84
State of Maryland, Hosp. Constr. Loan. 1964, Ser. Z, 3.10%
due 3-1-82
State of Vermort; Highway Bd.. 3.60%, due 6-1-81
State of New York, HOusing Bd.. 1 3/4%, due 11-1-79
State of Oregon. Vets Welfare Bd. Ser XXII. 3.60%. due 1-15-81
State of New Hampshire. Cap. Improve Bd., Univ of N.H.. 1965
3.40%, due 3-1-81
State of Calif.. Vets. Bd.. Act. 1962. Ser. GG, 3.40%. due 10-l-8l
St. Board of Educ. Ex.. Office Regents. Mont. Univ.
System. M.S.U., Rev. Bd.. Ser. 1970. 6.00%. due 1-1-76
Bozeman Hi.Sch. Dist. of Gallatin Cty Bldg. Bd. 3.00%, due 7-1-77
State of Wisconsin, G.O.Bond of 1970, SeL C, 6.70%. due 6-1-80
Baltimore Co., Maryland, BaIt. Co., Oper. Bldg. Bd. 6%. due 10-1-78
St. of Louisiana, Hwy. Constr., & Imp. Bd.. Ser. 1971-G. 4.60%.
due 12-15-78
Anne Arundel Co., Maryland. G.O.Bond. Sch. Constr.. Ser. 1970.
6.50%. due 11-1-79
Cty of Pima, Arizona. G.O. Ref., Bond. Ser. 1973. 5~%, due 7-1-83
St. Board of Educ., Florida. Cap. Outlay, Ser. 1974-A. 5.20%.
due 1-1-94
5.20%. due 1-1-92
City of Bozeman. G.O. Bond, 4.70%. due 1-1-90
4.80%, due 1-1-91
4.90%, due 1-1-92
State of Wash.. G.O.Bond, Ser. A. 5.60%. due 4-1-89
RECEIPT NO. TOTAL AMOUNT
$ 140,000.00
H1l558
20,000.00
H13078
Hl3080
H13l49
Hl3l50
30,000.00
30,000.00
40.000.00
30,000.00
H13l5 1
H13152
30,000.00
30,000.00
Hl4762
Hl4765
H15824
Hl5994
15.000.00
15 .000 . 00
100.000.00
50,000.00
Hl5995
85,000.00
H15997
H27389
50,000.00
50,000.00
H2 7 452
H27453
H27513
H27515
H275l6
H27597
75,000.00
100,000.00
45,000.00
45,000.00
45,000.00
165.000.00
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RECEIPT NO.
TOTAL AMOUNT
Hi. Sch., Dist. In. Gallatin Co.. Sch. Bd.. 7.00%. due 7-1-78
Co. of Cuyahoga, Ohio, Justice Center Bd.. Ser. 2, 4 7/8%,
due 10-1-89
Co. of Allegheny, Penn., G.O. Bd., Ser. C-20, 5~%. due 11-1-89
Montgomery 00.. Maryland, Oorom. 0011. Bd.. 5.90%. due 6-15-85
Anne Arundel 00.. Md., G.O. Bd., Roads & Bridges, Ser. 1971,
6%. due 12-1-80
State of Oregon, Vet. Welfare, Ser. XXXV. 5%. due 8-15-87
Fairfax Co.. Virginia. Sch. Bd.. Ser. 1970 B. 6%, due 11-1-80
St. of Hawaii. G.O. Bd.. of 1971, Ser. V. 4 3/4%. due 9-1-82
Mass. Hsng., Fin. Agcy.. Hsng. Prj. Bd.. 1972. Ser. A, 5.25%,
due 4-1-84
St. of Oregon, Vet. ~olelfare Bd.. Ser. XXXV. 4.75%, due 8-15-85
County of Hennepin. Minn., G.O. Hosp. Bd., 4.80%. due 2-1-86
St. of Oregon, Vet. Welfare Bd.. Ser. XXXVI, 5.60%. due 3-1-88
H27673
100.000.00
H27799
H27800
H27801
100,000.00
100.000.00
100,000.00
H27802
H27803
H28l59
H28160
100,000.00
100,000.00
50,000.00
50,000.00
H28l61
T-f28l62
H28163
H28164
50.000.00
50,000.00
50,000.00
50,000.00
$2.090,000.00
FIRST SECURITY BANK - Bozeman
Federal Deposit Insurance Corporation
140,000.00
Trusteed with United Bank of Denver:
St. of Mont., Ex. Officio Reg., Mt. Univ. System. 4 5/8%.
due 1-1-86
Chouteau Co.. Mt.. Sch. Dist. #44,
3819 15,000.00
3820 13 ,000.00
3822 13 ,000 . 00
3823 2,000.00
3824 18,100.00
3825 18,100.00
3826 18 . 100 . 00
3949 25.000.00
3951 25,000.00
4445 20,000.00
4446 14,000.00
5016 100,000.00
5066 100,000.00
Chouteau Co.. Mt.. Hsd #111. Sch.
Bldg. Bd.,
5.60%.
5.50%,
5.20%.
B1 dg . Bds.,
5.60%. due 12-30-87
5.50%. due 12-30-86
5.20%. due 12-30-84
Jt. Sch. Dist. #401, G.O.
Bds. ,
due 12-30-87
due 12-30-86
due 12-30-84
Lewis-Thurston Co., Wash1. Cent.
3 5/8%, due 4-1-77
Kenai Pen. Borough. Alaska. G.O. Sch. Bds., 5.70%, due 5-l-83
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
Alaska. Gtr. Anchorage Area Bor.. G.O.. 5.25%. due 2-1-85
Alaska. Gtr. Anchorage Area Bar., G.O.. 6%, due 1-1-87
Trusteed with Northwestern National Bank of Minneapolis:
Gallatin Co.~___Mt., Sch. Dist. 1144. Belgrade. Sch. Bldg.,
4.10%. due 1-1-77
4.00%. due 1-1-76
Lewis & Clark Co.. Mt.. Sch. Dist. #1, Helena. Sch. Bldg.,
due 6-1-76
State of Alaska. 1972. Bd.. Ser. A. 6%. due 2-1-84
St. of New Jersey, Public Bldg.. Constr., Ser. I. 5.50%,
due 3-1-82
State of Minnesota, 6%, due 9-1-81
New York State. 5.00%. due 2-1-85
New York Job Development Auth.. 5.10%. due 3-1-78
Connecticut Bond. 4.50%. due 10-1-80
State of Hawaii. 5%, due 2-1-79
Waco Texas Housing Authority. 4.50%. due 8-1-86
4.50%. due 8-1-85
Virginia. Minn.. Rousing and Re-Deve10pment Auth.,
4.50%. due 4-1-99
4.50%. due 4-1-2000
U.S. Treasury Bonds of 1980, 3~%. due 11-15-80
State of Connecticut, 5%. due 5-1-86
California. St. Sch. Bldg. Air. Bd.. 3.90%, due 3-1-79
Mississippi. G.O. Bd.. Port Development. 4.70%. due 12-1-82
Ohio Hwy.. Series E, 6%, due 11-15-77
Montana, Park Cty. Hi1. Sch. Dist. #1. 3.70%. due 6-15-79
Ohio Hwy.. Series E. 6%. due 11-15-76
Cascade Co.. MOnt., Sch. Dist. #1. 7%. due 12-1-84
Cascade Co.. Mont., Sch. Dist. #1, 7%. due 12-1-84
3032 5,000.00
3033 5,000.00
6%,
3778 6.000.00
4069 100 ,000 . 00
4071 100,000.00
4072 100,000.00
4460 100,000.00
4461 100.000.00
5017 100,000.00
5018 100,000.00
5019 35,000.00
5020 30,000.00
5021 35,000.00
5022 35.000.00
Hl0274 40,000.00
5040 100,000.00
5041 40,000.00
5042 25,000.00
50l~3 100 ,000.00
5044 20,000.00
5045 100,000.00
5182 60.000.00
5133 40,000.00
$1.897,300.00
MONTANA NATIONAL BANK - Bozeman
Federal Deposit Insurance Corporation
140,000.00
300
Trusteed with Federal Reserve Banks of Minneapolis:
Three Forks Hi. Sch., Dist. f1J-24, ('..a11atin & Broadwater
Cos.. 5%. due 1-1-89
Sch. Dist. #1. Silver Bow Co.. Mt., Sch. Bldg. Bd.. 4%.
due 7-1-85
Co. of Mineral. Mont. Co. Hosp. Bd., 4.50%. due 12-15-84
Sch. Dist. 113. Ravalli Col. Mont., (Hamilton) School Bldg.
Bd., 5%. due 1-1-86 to 1-1-88
Sch. Dist. #3. Lewis & Clark Co.. Mont. Sch. Bldg. Bd.,
4.70%. due 12-15-86
Grade Sch. Bldg., Dist. #11. Powell Co.. (Ovando), Mont.,
Sch. Bldg. Bd., 6%. due 6-4-75
6%. due 6-4-76
6%, due 6-4-77/89
City of Polson. MOnt., G.O. Bd. 1970,
inc1.
6%. due
6% , due
1-15-76
1-15-80 to
1-15-90 inc1.
due 3-1-88
1956. Ser. Q,
St. of Hawaii, G.O. Bd. 1969, Ser. P, 5.20%.
St. of California. under the Vet. Bd. Act of
3%. due 10-1-81
Co. of Hudson, New Jersey. Road Bd. 1970, 7.30%. due 10-1-84
City of Boulder, Mont., G.O. Bd., 4.71%, due 2-15-76/87 incl.
St. Mary's Glacier, Wtr. & San. Dist., Co. Clear Creek, Colo.,
Water Bd., Ser. 1969, 6%, due 7-1-76
6%. due 7-1-78
6%, due 7-1-81
Cons tr. Bd.. 1966 Ser.,
Town of Ennis. Mont., Swr.
4.45%, due 9-1-76
4.45%, due 9-l-77
4.45%, due 9-1-78
4.45%. due 9-1-79
4.45%. due 9-1-80/86 incl.
Co. Madison, Mont., Sch. Dist. #5, Sch. Dist. Bd.,
5%. due 11-1-76
5%. due 11-1-77
5%, due 11-1-78
5%. due 11-1-79
5%, due 11-1-80/87 incl.
Sch. Dist. #3, Lewis & Clark Co., Mont., Sch. Bldg. Bd.,
4.70%. due 12-15-75 & 12-15-85
Co., Mineral. Mont., G.O. Hosp. Bd.. 4.5%, due 12-15-83
Sch. Dist. #1. Sanders Co., Mont., (Plains) Sch. Bldg. Bd..
4.75%. due 12-15-75/87 incl.
plains Hi. Sch. Dist. #1. Sanders Co., Mont., Sch. Bldg. Bd..
4.75%. due 12-15-75/87 incl.
BE-l, 5 3/4%. Notes E-76, due 5-15-76
WESTERN BANK OF BOZEMAN - Bozeman
Federal Deposit Insurance Corporation
Trusteed with First National Bank of Minneapolis:
Federal Home Loan Bank, 7.20%. due 5-25-76
Federal Home Loan Bank. 7.875%, due 8-25-75
7.80%. due 8-25-76
7.50%, due 7-20-77
ON DEPOSIT AND HELD AS INVESTMENTS
AS OF MARCH 31. 1975
First National Bank of Bozeman
Regular Account
Water Account
Sanitary Sewer Account
Investments
$ 21,451.94
18,339.37
71,729.23
1,263,500.00
$1.375.020.54
RECEIPT NO.
TOTAL AMOUNT
H14237 10,000.00
ffi4238 15,000.00
H14239 13 . 600 . 00 I
H14240 45.500.00
H14241 16.000.00
H26028 1,000.00
H26029 1,000.00
H26032 13.000.00
H26036 1.875.00
H26040 31,875.00
H26356 10,000.00
H26361 9.000.00
H26363 5,000.00
H27659 50,400.00
f:T2 77 5 7 5,000.00
H27758 5,000.00
H27759 10,000.00
H27764 6.250.00
H27765 6,250.00
H27766 6,250.00
B27767 6,250.00
H277 68 43,750.00
H27769 2.500.00
H27770 2,500.00
H27771 2.500.00
H27772 2.500.00 I
H27773 20.000.00
H28328 30,000.00
H28329 12 . 600 .00
H28332 24,000.00
H28330 42.000.00
H28340 100,000.00
$ 690,600.00
140,000.00
4360
4586
l50,OOO.00
100,000.00
50,000.00
50.000.00
$ 490,000.00
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First Security Bank of Bozeman
Regular Account $ 47.160.06
Water Account 302.629.14
Trust Account 6.763.05
Investments 830,977.00
I $ 1.187.529.25
MOntana National Bank of Bozeman
Regular Account $ 264.97
Water Account 599.31
Payroll Account 100 .00
Investments 415,000.00
$ 415,964.28
Western Bank of Bozeman
Regular Account $ 992.97
Investments 240.000.00
$ 240.992.97
This is to certify that we, the Commission of the City of Bozeman, in compliance with the
Provisions of Section 16-2618. R.C.M.. 1947. have this day certified the receipts of the Federal
Reserve Bank of Minneapolis. the Northwestern National Bank of Minneapolis, the Marquette National
Bank of Minneapolis, 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 approve and accept the same pursuant to the examination made by Mayor Edmund
P. Sedivy, Sr., and Commissioner James W. Vollmer.
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Signed by: Edmund P. Sedivy, Sr., Mayor
Milton W. Vandeventer, Commissioner
James W. Vollmer, Commissioner
Robert A. Taylor, Commissioner
Carl Lehrkind III, Commissioner
Adiournment
There being no further business to come before the Commission at this time, it was moved by
Commissioner Vollmer. seconded by Commissioner Vandeventer. that the meeting be adjourned, and the
motion was carried by the following Aye and No vote: those voting Aye being Commissioner Vollmer,
Commissioner Vandeventer, Commissioner Taylor, Commissioner Lehrkind and Mayor Sedivy; those voting
No, none.
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ATTEST:
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ERNA V. HARD! G
Clerk of the City Commisslon