11/10/86 SP City Council Minutes463
1
A SPECIAL MEETING OF THE KALISPELL CITY COUNCIL WAS HELD AT 4:30 P.M. MONDAY NOVEMBER
10, 1986 IN THE COUNCIL CHAMBERS AT CITY HALL. MAYOR KENNEDY PRESIDED. COUNCILMEN RUIZ
AND PALMER WERE ABSENT. ALL OTHER COUNCILMEMBERS WERE PRESENT.
Mayor Kennedy called the meeting to order and led the Pledge of Allegiance.
RESOLUTION # 3703
Clerk/Treasurer Halver explained The Outlaw Inn wants to issue refunding revenue bonds
to replace the Industrial Development Revenue Mortgage Note issued in 1982. These
would be tax exempt bonds and the I.R.S. Rules require the council to hold a public
hearing on this. Because of the timing involved to get the issue closed before January
1, 1987, the council has been asked to pass today a resolution calling for a Public
Hearing to be held at the Regular Council Meeting of December 1, 1986.
Councilman Nystul moved adoption of Resolution 3703, a resolution calling for a public
hearing. Councilman Schindler seconded.
Mayor Kennedy stated it appeared Ordinance #1000 would require the City to collect an
administrative fee of $2.50 per thousand of bonds issued. The council discussed having
the Finance Committee look into this.
The resolution passed upon roll call vote.
B. N. PARKING LOT LEASE
Mayor Kennedy reported the taxes on the proposed lots to be leased by the City appeared
to amount to about $411.50 per month. The lease also calls for a monthly payment of
$350.00 plus 70% of the gross above the $350.00 per month and he estimates we would
lose money on the lot. He has been talking to Jim Cook of B. N., to try to work
something out.
Another problem is the lot should be paved to comply with the Downtown Redevelopment
Ordinance. Finally, the lease calls for the City to provide $1,000,000 general
liability insurance which we don't have.
Mayor Kennedy said he would continue working on this and report back to the council.
LIABILITY INSURANCE
Clerk/Treasurer Halver reported the State Insurance Pool will not generate a quote for
us since St. Paul is willing to insure us. He also said we would have to have an
emergency budget to pay the premium quoted by St. Paul.
The Council and City Attorney discussed the problems and possibilities of not having
general liability insurance.
After discussing several possible motions Councilman Hafferman moved we hold off
until we can enroll in the League Insurance program in January. Councilman Schindler
seconded. Councilman Nystul requested the motion include stipulation we continue to
look for markets. Schindler moved to amend the motion to direct the City Clerk and
Mayor to continue investigating sources of insurance. Hafferman seconded and the
amended motion carried.
MISCELLANEOUS
Parking Commission
Mayor Kennedy reported the Parking Commission had asked him to sign a buy -sell
agreement on some "O'Neil Property" on First Avenue West. He had declined and asked
the Parking Commission to secure an appraisal and report to the council before any
action is taken.
Councilman Saverud moved the meeting be adjourned
the meeting was adjourned at 4:55 pm.
Approved as presented November 17, 1986
ATTEST:
Don Halver, Clerk/Treasurer
Councilman Schindler seconded and
AEd_ Kennedy, Mayor