HomeMy WebLinkAbout03/14/1966 - Adjourned City Council Meetingi
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ADJOURNED MEETING OF THE CITY COUNCIL OF THE
CITY OF COSTA MESA
March 142 1966
The City"Council of the City of Costa Mesa met in
adjourneId-regular session at 8:35 o'clock, p.m., in
the Council Chamber at the City Hall, 695 West 19th
Street, Costa Mesa, said meeting having been duly and
regularly ordered adjourned from the regular meeting
of March 7, 1966, and a copy of the notice of adjourn-
ment having been posted as required by law.
Councilmen Present: Pinkley, Jordan, Barck, Thompson,
Wilson
loll Call- Councilmen Absent: None
Officials Present: City Manager, City Attorney, Director
of Finance, City Clerk, and repre-
sentatives of William J. Moran Com-
pany, and Bache and Company
The Mayor called the meeting to order, and after dis-
Bache and'Company cussion, Councilman Barck moved that the offer of -Bache
Bond offer accepted and Company for the Costa Mesa City Hall and Public
Safety Facilities, Incorporated, bonds, in the amount
of $3,900,000.00 at 4.49 per cent net to Costa Mesa, be
accepted including a change from a ten-year to a fifteen -
year call date on the bonds. The motion was seconded by
Councilman Jordan, and carried by the following roll call
vote:
AYES: Councilmen: Pinkley, Jordan, Barck; Thompson,
Wilson
NOES: Councilmen: None
ABSENT: Councilmen: None
On motion by Councilman Jordan, seconded by Councilman
Pinkley, and carried, the staff was instructed to watch
for the possibility of refunding the bonds at a lower
rate should market conditions change.
The directors of the Costa Mesa City Hall and Public
Safety Facilities, Incorporated, meeting concurrently
with the Council, reported that the non-profit corpor-
ation had voted to accept the Bache and Company offer.
The Mayor stated that the need was urgent for plans to
be made for the future development of the Orange County
Adsit presents Fairgrounds and presented Mr. Ted Adsit, Consultant, who
Fairgrounds plan reviewed the possibilities for creation of a cultural
and civic center in the area and presented plans including
a multi-purpose auditorium and a County court center.
Mr. Adsit was commended for his projection, and the City
Manager stated that a meeting would be arranged with the
directors of the 32nd"Agricultural District as the next
step in formulating a master plan for the area.
The City Clerk requested that the Director of.Finance be
Warrant authorized authorized to draw a warrant in the amount of $750.00 to
Sample ballots cover postage for the mailing of 25,501 sample ballots,
and on motion by Councilman Pinkley, seconded by Council-
man Jordan, the warrant was authorized by the following
roll call vote:
AYES: Councilmen: Pinkley, Jordan, Barck, Wilson
NOES: Councilmen: None
ABSENT: Councilman: Thompson
Adjournment On motion by Councilman
man Jordan, and carried,
10:30 o'clock, p.m.
ATTEST:
Pinkley, seconded by Council -
the meeting was adjourned at
Mayor of the Ci of C to Mesa
City Clerk of the City of Costa Mesa
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