HomeMy WebLinkAboutCOUNCIL - SUMMARY AGENDA - 08/11/2011 - SUMMARY AGENDA (SPECIAL MEETING)CITY COUNCIL AGENDA
Karen Weitkunat, Mayor Council Chambers
Kelly Ohlson, District 5, Mayor Pro Tem City Hall West
Ben Manvel, District 1 300 LaPorte Avenue
Lisa Poppaw, District 2 Fort Collins, Colorado
Aislinn Kottwitz, District 3
Wade Troxell, District 4 Cablecast on City Cable Channel 14
Gerry Horak, District 6 on the Comcast cable system
Darin Atteberry, City Manager
Steve Roy, City Attorney
Wanda Krajicek, City Clerk
The City of Fort Collins will make reasonable accommodations for access to City services, programs, and activities
and will make special communication arrangements for persons with disabilities. Please call 221-6515 (TDD 224-
6001) for assistance.
SPECIAL MEETING
August 11, 2011
5:45 p.m.
1. Call Meeting to Order.
2. Roll Call.
3. Executive Session Authorized
This Special Meeting has been called for the purpose of considering a possible executive session,
as permitted under Section 2-31(a)(2) of the City Code, to confer with attorneys for the City
regarding potential litigation and the manner in which particular regulations of the City may be
affected by existing provisions of federal, state, or local law.
4. Procedural Issues: August 16, 2011, Grove Appeal Hearings
Council will consider procedural issues relating to the August 16, 2011, appeal hearings of the
Grove ODP and PDP, will establish a process for resolving those issues, and will also discuss and
establish time limits for presentations by all parties-in-interest at the appeal hearings.
5. Other Business.
6. Adjournment.
Karen Weitkunat, President City Council Chambers
Kelly Ohlson, District 5, Vice-President City Hall West
Ben Manvel, District 1 300 LaPorte Avenue
Lisa Poppaw, District 2 Fort Collins, Colorado
Aislinn Kottwitz, District 3
Wade Troxell, District 4 Cablecast on City Cable Channel 14
Gerry Horak, District 6 on the Comcast cable system
Darin Atteberry, City Manager
Steve Roy, City Attorney
Wanda Krajicek, City Clerk
The City of Fort Collins will make reasonable accommodations for access to City services, programs, and activities
and will make special communication arrangements for persons with disabilities. Please call 221-6515 (TDD 224-
6001) for assistance.
STORMWATER UTILITY ENTERPRISE MEETING
August 11, 2011
(after the Special Council Meeting)
1. Call Meeting to Order.
2. Roll Call.
3. Items Relating to Issuance of Series 2011A, Storm Drainage Revenue Refunding Bonds. (staff:
John Voss; 5 minute staff presentation; 10 minute discussion)
A. First Reading of Ordinance No. 009, Authorizing the Issuance of City of Fort Collins,
Colorado, Stormwater Utility Enterprise, Stormwater Revenue Refunding Bonds, Series
2011A.
B. First Reading of Ordinance No. 010, Amending Ordinance No. 008, Relating to the
Stormwater Utility Enterprise, Stormwater Utility Revenue Refunding Bonds, Series
2007A and Series 2007B; Ratifying Action Heretofore Taken Relating to Such Bonds; and
Providing Other Matters Relating Thereto.
In 2002, the City issued $12.3 million in bonds to provide funding for capital improvements in
various stormwater basins within the city. The outstanding balance is currently $8,630,000.
Market conditions are such that they can be refinanced at lower interest rates resulting in an
estimated savings of $500,000 on a net present value basis.
The amending ordinance authorizes the City to contract with US Bank to be the registrar, paying
agent, and escrow agent on the 2002, 2007 and 2011 Storm Drainage bonds. Additionally, it
eliminates the bond reserve requirement that might otherwise be required for the Series 2011A
Bonds.
4. Other Business.
5. Adjournment.
STORMWATER UTILITY
ENTERPRISE AGENDA