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HomeMy WebLinkAboutWater Board - Minutes - 04/29/1968r April 29, 1968 MINUTES OF THE MEETING OF THE WATER BOARD Held April 29, 1968, at 4:00 P.M; in the City Manager's Office. Present: President Ward Fischer, Vice President Frank Ghent, Board Members W/ G. Wilkinson, Harvey Johnson, Gwen Moore, Fred Fait and Secretary John Bartel. Also present were City Manager Tom Coffey, Assistant City Manager Tom Burgess, Director of Finance Charlie Cain, Director of Public Works Charles Liquin and Superintendent of Water and Sewer Eddie Hilgenberg. The President opened the meeting with the following proposal: Fort Collins Water Soard April 15, 1968 Mr. Ward Fischer Chairman of Board • The Mail Creek Stockholders are interested in negotia- tion with the City of Fort CollaB for trading 8.165 shares of No. 2 water for 8.515 shares of Mercer water owned by City of Fort Collins. I thyk this trade would give the City all their water in No. 2 and Mail Creek would have all their water in one ditch, Mercer. If you are interested, please contact me, B. F. Shader, President of Mail Creek, Board of Directors. Sincerely yours, /s/ B. F. Shader After discussion and referral to Section 3 of Article IX of the City Charter, which reads as follows: " The City shall not sell, lease, or in any manner dispose of the water electric, or utility plants or systems nor any part thereof, unless and except the proposition for such purpose shall first have been approved by a vote of the electors. The provisions of this section shall not apply to the sale or exchange of any equipment which may be worn out or useless, or • which could with advantage to the service be replaced by new or improved machinery or equipment." • 0 April 29, 1968 Motion was made by Ghent, seconded by Moore, that this • matter be referred to the City to review and if he approved, recommendation be sent to the Council that the City Manager be authorized to make the trade. The President put the motion which was unanimously adopted. President Fischer stated he had a proposal from Shamrock Development Co., stating they would like to sell the City 41 shares of North Poudre Irrigation Co. stock at $1,050.00 per share. The City's offer was $750.00. After discussion, motion was made by Johnson, seconded by Feit, that the City Manager be authorized to pay as much as $850.00 per share for North Poudre Irrigation Co. stock. The President put the motion which was unanimously adopted. The Board members asked the Director of Finance to submit • periodically, a report on water revenues for examination and when deemed necessary, they would review the rates and make recommends- tions. With nothing more to be brought up at this time, the Board adjourned. Secrete�r�