HomeMy WebLinkAbout1972-08-09MINUTES
Council Chamber, Civic Center
Huntington Beach, California
Wednesday, August 9, 1972
Mayor Pro-Tempore Bartlett called the regular adjourned meeting of the City Council
of the City of Huntington Beach to order at 6:00 P.M.
The Pledge of Allegiance was given by all present in the Council Chamber.
ROLL CALL
Councilmen Present: Gibbs, Matney, Duke, Bartlett
Councilmen Absent: Shipley, Green, Coen
CENTRAL CITY LIBRARY PROJECT BONDS
The Mayor Pro-Tempore called on the City Administrator and Assistant City Admin-
istrator to present a summary of the Central City Library Project Bonds which had
been received and opened at 11:00 A.M. this day.
Mr. Castle, Assistant City Administrator, informed the Council that the bonds had
been reviewed by representatives of the City, the Public Facilities Corporation and
the Bond Consultants during the afternoon:, and that the Public -Facilities Corpor-
ation had met formally at 4:00 P.M. and approved the bid of the United California
Bank for purchase of the bonds.
Mr. Castle then introduced Mr. Terry McCarty of Stone & Youngberg, Bond Consultants.
to the City, who reviewed the bids, net interest cost and net interest rates for
the Council's information.
ACCEPT BID - UNITED CALIFORNIA BANK
On motion by Matney, Council accepted the bid of United California Bank with a Net
Interest Cost of $4,665,979.50 and a Net Interest Rate of 5.655% and rejected all
other bids by the following roll call vote:
AYES: Councilmen: Gibbs, Matney, Duke, Bartlett
NOES: Councilmen: None
ABSENT: Councilmen: Shipley, Green, Coen
AUTHORIZE EXECUTION LEASE AND SUBLEASE - H.B. PUBLIC FACILITIES CORP.
On motion by Duke, Council authorized the execution by the Mayor Pro-Tempore and
the City Clerk of the Lease and Sub -lease between the City and the Public Facil-
ities Corporation, by the following roll call vote:
AYES: Councilmen: Gibbs, Matney, Duke, Bartlett
NOES: Councilmen: None
ABSENT: Councilmen: Shipley, Green, Coen
Page #2 - Council Minutes - 8/ 9./72
AWARD OF CONTRACT FOR CENTRAL CITY LIBRARY - SWINERTON & WALBERG, CO.
The Assistant City Administrator informed Council that the Public Facilities Corpor-
ation, at their afternoon meeting, had awarded a contract for tho construction of Lhe
Central City Library to Swinerton & Walberg, Co. subject to delivery of the honds.
INFORMAL MEETING CALLED
Mayor Pro-Tempore Bartlett called an informal meeting of the Council for 6:30 P.M. in
the Administrative Annex.
ADJOURNMENT
On motion by Matney, the regular adjourned meeting of the City Council of the City of
Huntington Beach adjourned at 6:25 P.M., by the following vote:
AYES: Councilmen: Gibbs, Matney, Duke, Bartlett
NOES: Councilmen: None
ABSENT: Councilmen: Coen, Shipley, Green
ATTEST:
, (-.p as4z�-
Paul C, es
City C eo
City Clerk and officio Cleric
of the City Council of the City
of Huntington Beach, California
Sp
Ted W. Bart ett
Mayor Pro Tempore