HomeMy WebLinkAbout2009-04-27 09-147 ORDERCOUNCIL ACTION
Item No. 09 147
Date: 4-27-2009
Item/Subject: Order, Ratifying and Confirming Final Passage of Order 05-292, Order 06-111
and Order 08-020
Responsible Department: Finance
Commentary:
In preparing the closing documents related to the City's recent $3.1 million general obligation
bond issue, the City's bond counsel noted that the public notices related to the authorization of
the above noted Council Orders were incorrect. By charter, public notices related to public
hearings involving the issuance of debt must be posted ten days prior to the meeting. The
original notices for these orders were posted in error for only seven days. Public notice of this
hearing was made on April 17, 2009; therefore, adopting the attached order will ratify the
Council's prior actions in accordance with the City's Charter.
T��LJC 4EA-�.1h)6r- P-KuIeED
Department Head
Manager's Comments: ca�Ll.
City Manager
Associated Information:
This item will require a public hearing.
Budget Approval:
Finance Director
Legal Approval: `
Introduced for
X Passage
First Reading
Referral
Page _ of _
City Solicitor
Assigned to Councilor Stone April 27, 2009
CITY OF BANGOR
(TITLE.) Order, Ratifying and Confirming Final Passage of Order 05-292, Order 06-111 and
Order 08-020
WHEREAS, the City Council previously adopted the following Orders (the "Prior Orders"):
• Order 05-292 adopted September 26, 2005 authorizing $6,568,831 of bonds
• Order 06-111 adopted March 27, 2006 authorizing $455,000 of bonds, and
• Order 08-020 adopted September 26, 2007 authorizing $600,000 of the bonds; and
WHEREAS, the City Charter requires that final action on the forgoing Prior Orders be taken
following 10 days published and posted notice; and
WHEREAS, the City Council now desires to conduct a public hearing on said Prior Orders on 10
days published and posted notice and to ratify and confirm their final passage;
NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT,
following a public hearing on said Prior Orders, the City Council hereby ratifies and confirms the
adoption of said Prior Orders.
IN CITY COUNCIL
April 27, 2009
Motion Made and Seconded to Open
Public Hearing
Public Hearing Opened
No one From the Public
Came Forward
Motion Made and Seconded to
Close the Public Hearing
Public Hearing Closed
Motion Made and Seconded
for Passage
Pasp4ge
CITY CLE
# 09-146
(TITLE,) Ratifying and Confirming_ Final
Passage of Order 05-292, Order 06-111
and Ards- 08-020
Assigned to Councilor
09-)4117
Notice is hereby given that the Bang9or City Council will
hold a public haaring'at 7:30 p.m., 4pr11 27, 2009 at City
Hall, 73 Marlow Street, Ban r, Maine on pro sd action
to ratify issuance of the City s bonds previously
as fodaws:
• Order 05-292 adopted September 26, 2005
authorizing $6,568,831 of the City's general
obligation bonds to finance a Police Station, vehicle
replacements, Combined Sewer Overflowprojacts,
Golf Course Maintenance Building improvements,
Motor Pool lift, City Hall HVAC System/ranovations
and Fire Station 6 improvements,
• Order 06-111 adopted March 27, 2006 authorizing
$455,000 of the City`s general obligation bonds to
finance an HVAC System at the Bangor Nursing
and Rehab Center. ,
• Ortler08-020 adopted -September 26, 2007
authorizing $800,000 of the City's general obligation
bonds to finance building improvements to the
Bangor Nursing and Rehab Center.
All persons who desire to be heard on the- proposed
borrowing are invited to attend the public hearing. The
City Council will consider action authorizing the bonds
immediately following the public hearing.
Copies of the proposed order will be on file and may be
reviewed at the office of the City C10* prior to said, public
ring•.
TQ be posted. in two or more public pieces and published
in' a newapa er pubfiehad in B ngor not lass than 10 days
77 777—tiq, Gty _ il. -