Laserfiche WebLink
Regular Andover City Council Meeting <br />Minutes —March 1, 2011 <br />Page 6 <br />neighborhood. Said determination shall be based upon consideration of the following: <br />• Role street serves to the surrounding area/community. <br />• Budget impact to the Road & Bridge Fund. <br />« No more than one mile of improvement for any given year. <br />• Other similar projects are planned in the general vicinity of such project for that <br />construction season. <br />Mr. Berkowitz stated the Genthan Ponds is an alternate bid with another bid which is scheduled <br />for award on April 4, 2011. The gravel road residents would be advised of the new policy and a <br />meeting would be held with the neighborhood. The neighborhood would then need to petition. <br />The Council would then make a decision on what the City's portion would be. <br />Motion carried 4 ayes, 1 nay (Jacobson). <br />CONSIDER AFRO UAL OF BOND SALE - $265,000 G.O. EQUIPMENT CERTIFICATE, <br />SERIES 2011A <br />Mr. Dickinson reviewed the City Council is requested to approve the sale of $265,000 General <br />Obligation (G.O.) Equipment Certificates, Series 2011A to provide financing for equipment <br />purchases that were approved as part of the 2011 City of Andover Operating Budget and 2011- <br />2015 Capital Improvement Process (CIP). <br />Mr. Dickinson reviewed the events that led to the approve bond sale request. The Council is <br />requested to approve the resolution providing for the issuance and sale of $265,000 G.O. <br />equipment certificates, series 2011A and levying a tax for the payment thereof. <br />Motion by Jacobson, Seconded by Trude, to adopt the resolution providing for the issuance and <br />sale of $265,000 G.O. Equipment Certificates, Series 2011A and levying a tax for the payment <br />thereof. Motion carried unanimously. (See Resolution R022-11) <br />SCHEDULE MARCH EDA MEETING <br />Mr. Dickinson requested the Council schedule an Economic Development Authority (EDA) <br />meeting at 6:00 p.m. before the March 15, 2011 City Council Meeting. <br />Motion by Trude, Seconded by Bukkila, to schedule an EDA Meeting at 6:00 p.m. before the <br />March 15, 2011 City Council Meeting. Motion carried unanimously. <br />