FCM19940308FINANCE COMMITTEE - CITY OF MUSKEGO
MINUTES OF MEETING HELD TUESDAY, MARCH 8, 1994
The meeting was called to order at 7:05 P.M. by Chairman De
Angelis. Also present were Committee Members Patterson, Dumke
and Sanders, Ald. Misko, Ald.Schneider, Ald. Woodard and Ald. Taube.
The Committee further discussed refinancing of Sewer Debt. Ald.
Patterson moved to recommend $7,500,000 total issue for
refinancing to include a portion of the Sewer for an additional
savings of approximately $100,000.00. Seconded by Ald. Dumke, motion carried.
The Committee further reviewed Letter of Credit for Plum Creek
Addn. #l. Aid. Dumke moved to recommend approval of $84,269.00
for the Letter of Credit which includes $ZO,OOO.OO for Erosion
Control, deletes $19,000.00 of engineering bills to be paid up
front and $3,333 for Parks to be paid at closing. Seconded by
Ald. Patterson, motion carried.
Ald. Patterson moved to approve General Vouchers in the amount
of $274,019.58, Utility Vouchers in the amount of $8,751.73 and
Tax Refunds in the amount of $571.65. Seconded by Ald. Sanders, motion carried.
The meeting adjourned at 7:25 P.M.
Respectfully submitted,
Ald. David J. Sanders Secretary
/cma
VOUCHER TOTALS
COUNCIL DATE
GENERAL FUND:
BOARD CHECKS (regular)
VOIDED CHECKS
END OF MONTH
WIRE TRANSFER
TOTALS:
TAX REFUND CHECKS:
UTILITIES:
0
SEWER:
BOARD CHECKS (regular)
VOIDED CHECKS
END OF MONTH
WIRE TRANSFER
SINKING FUND
WATER:
BOARD CHECKS (regular) VOIDED CHECKS
END OF MONTH
WIRE TRANSFER
TOTAL UTILITY VOUCHERS:
0
CK# AMOUNT
/, JbfYbq
CK# AMOUNT -
-
9 7.9-T 73