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HomeMy WebLinkAbout2008-07-10-Special MinutesWAUKEE CITY COUNCIL MINUTES SPECIAL MEETING JULY 10,2008 A)Call to Order -Mayor Peard called the special meeting of the Waukee City Council to order at 4:02 p.m.in the Waukee City Council Chambers. B)Roll Call-The following members were present:Mayor William F.Peard;Council Members Donald L.Bailey,Jr.;Casey L.Harvey;Darlene Stanton;Mike Watts.Absent:Council Member C.Isaiah McGee. Also present:City Administrator/Clerk Jeff Kooistra,Director of Public Works Jo1m Gibson,Deputy City Clerk Rebecca D.Schuett,City Attorney Steve Brick. C)Agenda Approval-Council Member Stanton moved to approve the agenda;seconded by Council Member Harvey.Roll call:Ayes:Stanton,Harvey,Watts,Bailey.Nays:None.Absent:McGee.Motion carried 4 -0 -1. D)Resolution:Consideration of approval of a resolution approving a member's certificate and a base contract for sale and purchase of natural gas,supplemented and amended by special provisions and a transaction confirmation,approving entry into said certificate and contract,authorizing execution of said certificate and contract,amending and restating a 28E agreement,and authorizing and approving certain other actions -Council Member Watts moved to approve the resolution;seconded by Council Member Harvey.City Attorney Brick briefly reviewed his opinion letter dated 07/10/08,summarizing the proposed changes to the 28E agreement and stating that he had no objection to the agreement and resolution.Council Member Harvey questioned who would sit on the non-profit corporation board;Mr. Brick replied that the board members would be the PEF A member entities.Council Member Bailey asked about staffing of the non-profit corporation;Mr.Brick answered that there would be no staff independent ofPEFA,clarifying that the non-profit corporation would issue the bonds.Council Member Bailey asked if the buyer would receive a percentage of profits;Director of Public Works Gibson replied in the affirmative,adding that the profit percentage was locked in for the length of the agreement. Council Member Bailey wondered about the City's position if natural gas were no longer a viable energy source at some point during the duration of the agreement;Mr.Gibson responded that the City would not be required to purchase natural gas if it were no longer available.Council Member Harvey asked if there were any additional transport tees;Mr.Gibson answered that the City contracted with an entity separate from PEFA for gas transport.Roll call:Ayes:Watts,Harvey,Bailey,Stanton.Nays:None.Absent: McGee.Motion carried 4 -0 -1.(Resolution #08-164) E)Comments Adjournment -Mayor Peard asked for a motion to adjourn.Council Member Bailey moved to adjourn; seconded by Council Member Watts.Ayes:All.Nays:None.Motion carried 4 -O. Meeting Adjourned at 4:12 p.m. R.Schuett,Deputy City Clerk Attest: Jeffrey . ~¥L1latIl.ear,Mayor 2