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HomeMy WebLinkAbout1986-09-16~: ~,~ MINUTES OF REGULAR MEETING OF BOARD OF ALDERMEN OF CITY OF RIVERSIDE, MISSOURI September 16, 1986 A regular meeting of the Board of Aldermen of the City of Riverside, Missouri was held in the City Hall in Riverside, MO on September 16, 1986 at 7:30 p.m. The roll was called and Karr, Gordy, Best, Peeler, Wedua and Brenner were present. In the absence of Mayor Holmes, Mayor Pro Tem Peeler called said meeting to order. It was decided to dispense with the reading of the Minutes of September 2, 1986, for the present time. Mrs. Wyoma Pehlan, 4510 N.W. 50th Terr., Kansas City, MO presented application for Special-Permit, Business License Ap- pliction and Application for Sign Permit for Used Car Sales at 4400 N.W. Gateway. This matter was discussed. The area is en- closed with fencing which would be in lieu of the curb. The Special Permit was approved; the Business License was approved and the Sign Permit was approved, all subject to the payment of the fees, and subject to there being only 14 cars for sale at any one time, leaving space for three customers to park. ~,,,~ C. B. Lundy, presented an application for a sign for Romey Electric Company, 432 N W Business Park Lane. This was approved subject to the payment of the fee. Jim Hoo Kim, 5410 N.W. Waukomis, Kansas Cit}r, M0 6.4151 pre- sented an application for business license for Kim Sales & Service:, 2707 N.W. Vivion Road. This would be for the-sale of wood craft brass items. She had requested permission to have some of the merchandise on-the outside of the building and this was discussed.' It was decided to check with the City Attorney to see if it was in proper order'. `to have an inside and outside business at this location. The Minutes 'of September 2, 1986, were read and ..approved as corrected. The matter of putting the sand and salt behind •the City Hall building was discussed. It was reported that a report from the .City Engineers -was. received concerning Bill Hannah which was approval of the building :and also a report on the core test of the fill was received and °appeared to be in order. The Finance' Committee reported that bids would have to go out on $400,000 during the following week. Karr moved that Bill No. 86- being Bill accepting the recommendation of the Finance Committee 'and send out bids on $400,000, seconded by Wedua, the roll was called and votes :were ~f Minutes of Reg. Meeting ~~ Page 2 , Sept . ]?5, 1986 as follows: Karr, Gordy, Best, Wedua and Brenner voted aye; Peeler being Mayor Pro Tem, said bill was accordingly read. D Karr moved that Bi11 No. 86-39~be placed on its second read- ing, seconded by Brenner, the roll was called and votes were as follows: Karr, Gordy, Best, Wedua and Brenner voted aye; Peeler being Mayor Pro Tem, said bill was accordingly read. 0 Karr moved that Bill No. 86-3~I ~e placed . on its third read- ing and upon passage of same become Ordinance No. 86-39, seconded by Wedua, the roll was called and votes were as follows: Karr, Gordy, Best, Wedua and Brenner voted aye; Peeler being Mayor Pro Tem, said bill was accordingly read, attached hereto and made a part hereof, approved by Mayor Pro Tem Peeler and became Ordin- ance N0. 86-39. Karr moved that bill No. 86-40 being bill providing for the appropriation of money out of the general fund of the City of Riverside, Missouri for the payment of certain indebtedness as listed therein be placed on its first reading, seconded by Gordy, the roll was called and vot s ere as fo lows:,~arr, Gordy, Best, Wedua and Brenner voted aye;~xb~l8e~~'~ofcffllgTP-~ read. ~, Best moved that Bill No. 86-k0~e placed on its second read- ing, seconded by Karr, the roll was called and votes were as fol- lows: Karr, Gordy, Best, Wedua and Brenner voted aye; Peeler being Mayor Pro Tem, said bill was accordingly read. Brenner moved that Bill No. 86-k6~~be placed on its third reading and upon passage of same become Ordinance N0. 86-40, seconded by Wedua, the roll was called and votes were as follows: Karr,- Gordy, Best, Wedua and Brenner voted aye; Peeler being Mayor Pro Tem, said bill was accordingly read, attached hereto and made a part hereof, approved by Mayor Pro Tem Peeler and became Ordin- ance No. 86-40. Karr moved that there be a recess, seconded by Gordy, the roll was called and votes were as follows: Karr, Gordy, Best, Wedua and Brenner voted aye; Peeler being Mayor Pro Tem. The Mayor and Board recessed at 9:15 p.m. The meeting reconvened at 5:00 p.m. on September 25, 1986.. .The roll was called and Karr, Gordy, Best, Peeler, Wedua and Brenner were present and Mayor Holmes called said meeting to order and presided over the remainder of the meeting. The Finance Committee reported that they had sent out eight request for bids on $400,000 to eight different banks and the following three bids were received: '~ Minutes of Reg. Meeting Page 3 - Sept. 16, 1986 Bank of Riverside: X200,000 on CD's 6 mos. 5.11 1 yr. 5.32 United Missouri Bank X400,000 CD's 90 days 5.30 183 days 5.55 1 y~. 5.60 Commerce Bank X400,000 - Discount .Notes - Federal Home Loan Matures March 18, 1987 - yield 5.703 - Fanny Mae - matures April 7, 1987 - yields 5.715 - Federal Home Loan - matures September 17, 1987, - yields 5.867. Karr moved that Bill No. 86-~ ~ being bill accepting the best bid on the recommendation of the Finance Committee, same being the bid of Commerce Bank on $400,000 as follows: Fanny Mae, yield- ing 5.715 and maturing April 7, 1987, seconded by Brenner, the roll was called and votes were s follows: Karr, Gordy, Best, Peel- er; Wedua and Brenner voted aye; said bill was accordingly read. Y Karr moved that Bill No. 86-4'I~be placed on its second read- ing, seconded by Brenner, the roll was called and votes were as follows: Karr, Gordy, Best, Peeler, Wedua and Brenner voted aye; said bill was accordingly read. ,~ ~y Karr moved that Bill No. 86-41 be placed on its third read- ing and upon passage of same become Ordinance No. 86-41, seconded by Brenner, the roll was called and votes were as follows: Karr, Gordy, Best, Peeler, Wedua and Brenner voted aye; said bill was accordingly read, attached hereto and made a part hereof, approved by Mayor Holmes and became Ordinance No. 86-41. There being no further business to come before the Board, upon motion duly made and passed, meeting adjourned at 5:20 p.m.