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HomeMy WebLinkAbout1975-11-20 (Special) Meeting MinutesSPECIAL MEETING: COUNCIL CHAMBERS CITY OF ENGLEWOOD, COLORADO November 20, 1975 The City Council of the City of Englewood, Arapahoe County, Colorado, met in special session on November 20, 1975 at 7:00 p.m. Mayor Taylor, presiding, called the meeting to order. The invocation was given by Councilman Howard Brown. Mayor Taylor asked for roll call. Upon the call of the roll, the following were present: Council Members Jones, Sovern,_ Brown, Clayton, and Mayor Taylor. Absent: Council Members Blessing and Mann. The Mayor declared a quorum present. • • • • • • COUNCILMAN SOVERN MOVED AND COUNCILMAN JONES SECONDED A MOTION TO CALL THE SPECIAL MEETING TO ORDER. Upon a call of the roll, the vote resulted as follows: Ayes: Council Members Jones, Sovern, Brown, Clayton and Taylor. Nays: None. Absent: Council Members Blessing and Mann. The Mayor declared the motion carried. • • • • • • Mayor Taylor stated that the purpose of this special meeting is to review the outcome of the revenue bond issue for the housing for the elderly project. He then requested the City Manager, Andy Mccown, to review the results of the revenue bond issue. City Manager Mccown stated that only $500,000 had been sold out of the total of $1,950,000 in bonds that needed to be sold by November 20, 1975. As a result, City Manager Mccown stated that at this time we would pursue the a.a. bond November 20, 1975 Page 2 election to be held on December 23, 1975. The G.O. bond issue would be in the amount of $2,225,000 and the sale of these bonds will be contingent upon the approval of the electorate. COUNCILMAN SOVERN MOVED AND COUNCILMAN BROWN SECONDED A MOTION TO WITHDRAW THE REVENUE BOND ISSUE FROM THE MARKET. Upon a call of the roll, the vote resulted as follows: Ayes: Council Members Jones, Sovern, Brown, Clayton, Taylor. Nays: None. Absent: Council Members Blessing and Mann. The Mayor declared the motion carried. • • • • • • The Mayor adjourned the meeting at 7:36 p.m.