August 18, 2009
The Mayor and Council of the Town of
Kenneth
O. Stinson, Mayor
Harold
R. Douga, Council Member
William
“BB” Loyd, Mayor Pro Tem
Paul
Patin, Council Member
ABSENT: None
ALSO PRESENT:
The
following Reports were submitted:
Total Payroll for July, 2009 $ 94,357.87
Total Receipts for July, 2009 $ 904,912.47
Total Disbursements for July, 2009 $
861,598.45
Total Bills for July, 2009 $
430,221.83
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Kenneth O. Stinson, Mayor called the meeting to order. Chaplin Tatum led in prayer, and there
followed the Pledge of Allegiance.
It was moved by Council Member Merchant
that the minutes of prior meeting/s, copies of which were mailed to each
Council Member, be approved as written.
The motion was seconded by Council Member Bujard and carried.
Mary Vice, City Clerk gave the
monthly Administration Department report.
Bills for the month of July, 2009,
were approved and payment authorized upon a motion by Council Member Patin,
seconded by Council Member Merchant and carried.
Council Member Patin inquired as to
why the
Mr. Bill Hankins, West Calcasieu
Cameron Hospital representative and Mr. Jerry Romero, Acadian Ambulance
representative updated the governing authority and public present on the status
of the transition of ambulance services between WCCH and Acadian Ambulance
Services.
Mayor Stinson updated the governing
authority on pending grants and projects.
Mayor Stinson presented the 2010
proposed budget to the governing authority for their review.
It was moved by Council Member Douga that a public hearing be held on the proposed budget on Thursday, September 10, 2009, at 6:00 p.m. and that the following notice be published one time in the town’s official journal. The motion was seconded by Council Member Patin and carried.
BUDGET HEARING
The proposed budget for the
year October 1, 2009, thru September 30, 2010, of the Town of Vinton,
Louisiana, has been prepared in accordance with the provisions of the Louisiana
Local Government Budget Act and is available for public inspection at the
office of the Mayor, Town of Vinton, 1200 Horridge Street Vinton, Louisiana,
from 7:30 A.M. to 5:00 P.M., Monday through Thursday and 8:00 A.M. to Noon on
Friday (except holidays). A public
hearing on the Proposed Budget is scheduled for:
6:00 P.M. – City Hall
PUBLIC NOTICE:
OPERATING BUDGET SUMMARY
Following is a summary of the proposed budget for the year October 1,
2009 thru September 30, 2010:
TRANSFERS AND LOANS ($197,250)
ESTIMATED ENDING FUND
BALANCE $7,606,854
The proposed operating budget for
the year ending September 30, 2010, which is available at City Hall, provides
further details.
Mayor Stinson announced
that bids for a new grapple truck were received and opened this morning at
10:00 a.m. and are as follows:
BTE Body Company, Inc. 2008 – International Truck w/grapple
$102,900.00
Kenworth of South
3699 W.
It was moved by Council
Member Merchant that after bids are reviewed by the attorney and upon his
recommendation that the Mayor be authorized to award the contract to the
successful bidder. The motion was
seconded by Council Member Douga and carried.
Mayor Stinson discussed
an issue concerning a request from the contractor building the Vinton Senior
Manor Project to re-route the current sewer line that runs through the property
where the project is to be located thereby abandoning the current line and
getting an easement for the new line.
After a lengthy
discussion, there was no action was taken on this matter as to it needs to be
investigated more thoroughly.
Mayor Stinson and
Attorney Minaldi discussed the possibility of issuing a Request For Proposals
(RFP) for pre-positioned debris contract in the event of another hurricane.
After discussion, it was
moved by Council Member Loyd to authorize the attorney to draft a RFP for
pre-positioned debris contract. The
motion was seconded by Council Member Merchant and carried.
After the Attorney
Minaldi read aloud the proposed Bond Indebtedness Ordinance, it was moved by
Council Member Loyd that the regular meeting be recessed for a public hearing
on the said ordinance. The motion was
seconded by Council Member Douga and carried.
Matthew Kern, Bond
Attorney reviewed the ordinance with the governing authority and public present
and offered to answer any questions that anyone may have.
There being no comments
or questions from the public present, it was moved by Council Member Douga that
the regular meeting be re-convened. The
motion was seconded by Council Member Loyd and carried.
It was moved by Council Member
Douga that the following ordinance be adopted.
The motion was seconded by Council Member Loyd and the vote cast thereon
was as follows:
YEAS: Council Members Bujard, Douga, Loyd, Merchant
and Patin
NAYS: None
ABSENT:
None
TOWN OF
STATE OF
ORDINANCE NO. ___
AN
ORDINANCE AUTHORIZING THE INCURRENCE OF DEBT AND ISSUANCE OF NOT TO EXCEED
$1,200,000 OF UTILITY REVENUE BONDS, SERIES 2009, OF THE TOWN OF VINTON, STATE
OF LOUISIANA; MAKING APPLICATION TO THE STATE BOND COMMISSION FOR APPROVAL OF
SAID BONDS; AND PROVIDING FOR OTHER MATTERS IN CONNECTION THEREWITH.
NOW THEREFORE, BE IT ORDAINED by the Mayor and the Town
Council of the Town of Vinton, State of Louisiana, as the governing authority
of the Town, that:
SECTION 1. Pursuant
to La. R.S. 39:1430 and La. R.S. 30:2079, and other constitutional and
statutory authority (the “Act”), the
Town of Vinton, State of Louisiana, State of Louisiana (the “Town”) shall proceed with the incurring
of debt for the purpose of acquiring, constructing and installing improvements,
extensions and additions to the sewerage system of the Town (the “Project”), through the issuance of its
Utility Revenue Bond, Series 2009, in an amount not exceeding One Million Two
Hundred Thousand Dollars ($1,200,000) (the “Bond”).
SECTION
2. The Bond shall be issued in the form
of a single fully registered bond, dated the date of delivery thereof and
numbered R-1. The Bond shall be
non-interest bearing, and shall mature in a single installment not later than
twenty (20) years from date thereof. The
principal of the Bond will be subject to forgiveness, and will be subject to
prepayment at any time, in whole or in part at the option of the Town, at a
price of par plus accrued interest to the date of prepayment.
SECTION
3. The Bond will be secured by and
payable from the revenues of Town’s sewerage system (the “System”), subject to the prior payment of the reasonable and
necessary costs and expenses of operating and maintaining the System, until the
Bond is paid in full in accordance with its terms, all in accordance with the
provisions of La. R.S. 30:2079, La. R.S. 39:1430 and other constitutional and
statutory authority. The Town shall
budget and set aside from time to time as necessary sufficient of the net
revenues of the System to pay the principal of the Bond when due.
SECTION
4. The Bond shall be executed on behalf
of the Town by its Mayor and the official seal of the Town shall be affixed
thereto; provided that the signatures of the Mayor thereon may be a facsimile
of his official signature and a facsimile of the official seal of the Issuer
may be printed thereon rather than affixed thereto. All authorized facsimile signatures shall
have the same force and effect as if manually signed. In case any officer of the Town whose
signature or a facsimile of whose signature shall appear on the Bond shall
cease to be such officer before the delivery of such Bonds, such signature or
such facsimile shall nevertheless be valid and sufficient for all purposes the
same as if such officer had remained in office until such delivery.
SECTION
5. It is understood that the terms of
the purchase of the Bonds by the Department will provide that the Town’s
obligation to repay the principal of the Bond will be forgiven simultaneously
with the payment by the Department of each installment of the purchase price of
the Bond. Accordingly, it is anticipated
that no payments of principal, interest or administrative fees to the Department
will ever be due and payable on the Bonds.
SECTION 6. The form and terms of the Loan and Pledge
Agreement, Supplemental Loan Agreement, Commitment Agreement and all other
ancillary documents are hereby approved substantially in the form submitted to
the Town Council and Mayor and filed of record herewith, with such additions,
omissions and changes as may be necessary and appropriate and that are approved
by bond counsel.
SECTION 7. The Mayor is hereby authorized to execute
and deliver the Loan and Pledge Agreement, Supplemental Loan Agreement,
Commitment Agreement and any and all other ancillary documents related thereto
and necessary for the consummation of the transaction.
SECTION 8. The Mayor and Town Council are hereby authorized and directed
to do any and all things necessary and incidental to carry out the provisions
of this ordinance and effect the completion of the Project and to assist the
Authority in carrying out its functions in connection with the financing, and
the application to the Louisiana State Bond Commission by the Authority is
hereby ratified.
SECTION 9. The provisions of this ordinance shall
supercede any prior resolutions with respect to the transactions contemplated
hereby to the extent they are inconsistent with the provisions thereof.
SECTION 10. This Ordinance shall be published one time
in the Lake Charles
SECTION 11. Notice of the introduction of this ordinance, substantially in
the form attached hereto as Exhibit A, having been published once in the
official journal of the Town more than ten (10) days prior to this date, and
copy hereof having remained in the office of the Clerk of the Town Council for
public inspection, and a hearing having been held this date, this ordinance
shall take effect immediately upon adoption.
APPROVED AND ADOPTED at
______________________________________
Mary
O. Vice, City Clerk
I HEREBY CERTIFY that the fore- The
foregoing Ordinance is
going
Ordinance has been presented hereby
approved and
to
the Mayor this 18th day of returned
to the Town Clerk this
August,
2009. 19th
day of August, 2009.
______________________________ ____________________________
City Clerk Mayor
STATE OF
PARISH OF
I, the undersigned Town Clerk of the Town of Vinton, State of Louisiana, do hereby certify that the foregoing constitutes a true and correct copy of an ordinance adopted August 18, 2009 authorizing the incurrence of debt and issuance of not to exceed $1,200,000 of Utility Revenue Bonds, Series 2009, of the Town of Vinton, State of Louisiana; making application to the State Bond Commission for the approval of said bonds; and providing for other matters in connection therewith.
IN FAITH WHEREOF, witness my
official signature at
_____________________________________
Mary Vice, Town Clerk
Chief of Police, Ricky Fox gave the
monthly police department report.
Upon
the recommendation of Chief Fox, it was moved by Council Member Merchant that
Evin Spell be made a regular employee effective 8/19/2009. The motion was seconded by Council Member
Patin and carried.
Mayor Stinson presented former
Council Member
There being no further business to
come before the Governing Authority, it was moved by Council Member Douga that
the meeting be adjourned. The motion was
seconded by Council Member Bujard and carried.
______________________________
Kenneth O. Stinson, Mayor
ATTEST:
___________________________
Mary
O. Vice, City Clerk