HomeMy WebLinkAboutMINUTES Town Board 1999-09-28ITown of Estes Park,Larimer County,Colorado,September 28,1999
Minutes of a Regular meeting of the Board of Trustees of the Town of
Estes Park,Larimer County,Colorado.Meeting held in the Municipal
Building in said Town of Estes Park on the 28th day of September,
1999.Meeting called to order by Mayor Robert L.Dekker.
Present:Robert L.Dekker,Mayor
Susan L.Doylen,Mayor ProTem
Trustees Jeff Barker
John Baudek
Stephen W.Gillette
George J.Hix
Lori Jeffrey
Also Present:Rich Widmer,Town Administrator
Vickie O’Connor,Town Clerk
Gregory A.White,Town Attorney
Absent:None
Mayor Dekker called the meeting to order at 7:00 p.m.
PUBLIC COMMENT:
Bret Poland,Investment Representative Estes Park/Edward Jones expressed his
dismay in not being allowed to compete to serve as the Town’s Bond underwriter for the
$3.5 Million in revenue bonds for the Estes Park Substation.Mayor Dekker advised that
Item #3.A.2.concerning selection of the bond underwriter would be removed from the
Consent Calendar for discussion.
TOWN BOARD COMMENTS:
Trustee Baudek responded to previous comments made by Ricki Ingersoll where she
stated state law required the Town Board to listen to the citizens.There is no state law
requiring governments to provide a forum for citizen comments;however,as a courtesy
to the residents,the Town Board does a provide a public comment section on the Town
Board Agenda.Attorney White confirmed that the Town does comply with the Open
Meetings Law.
1.CONSENT CALENDAR:
1.Town Board Minutes dated September 14,1999.
2.Bills.
3.Committee Minutes:
A.Light and Power,September 16,1999 —Approval of:
Removed 1.Billing Statement Format Conversion and Purchase of Laser Printer
($5,000)and Inserting Machine ($8,500).
Removed 2.George K.Baum &Company to Underwrite Electric Revenue
Bonds.
3.TSI,Inc.for Pine Valley Three Phase Conversion —Change Order,
$2,720
Board of Trustees —September 28,1999 -Page 2
4.T.A.Enterprises bid of $41,200 for Christmas Decoration
Installation Contract.
5.A-i Excavating bid of $114,223.52 for Substation Trenching
Contract.
B.Community Development,September 23,1999:
1.Special Events
a.Celebrate Estes Event Street Closure:Elkhorn Ave.between
Riverside Dr.and Moraine Ave.and Moraine Ave.to Spruce
St.
b.1999-2000 Rooftop Rodeo Committee Appointments.
c.Relocation of Sewer on West Side of Stanley Park.
4.Board of Adjustment,September 14,1999 (acknowledgement only).
With Items #3.A.1 and 2 removed from the consent calendar,it was moved and
seconded (Hix/Doylen)the consent calendar be approved,and it passed
unanimously.
Utility Billing Statement Format Conversion.Trustee Barker noted his disagreement
with the Light and Power Committee’s favorable recommendation on this project.
Finance Officer Vavra presented background information to purchase hardware
necessary to purchase a new utility billing statement in lieu of a postcard.A letter-size
statement format,mailed in an envelope that would include a return envelope is being
proposed.Discussion followed on conversion costs,equipment,and staffing levels.
Town Administrator Widmer reported that with the conversion to an envelope,pertinent
community information could be included,thus the Town Board could meet their
“Trustee Outreach Goal.”With additional clarification,it was moved and seconded
(Hix/Doylen)the Utility Billing Statement Conversion be approved,and it passed by
the following votes:Those voting “Yes”Trustees Doylen,Gillette,Hix,and Jeffrey.
Those voting “No”Trustees Barker and Baudek.
George K.Baum &Co.Bond Underwriter —Selection Process.Finance Officer
Vavra and James Manire,James Capital Advisors (financial advisor)reviewed the bond
underwriter selection process.Both Vavra and Manire previously discussed the
process with Mr.Poland/Edward Jones.A “negotiated sale”approach was utilized,and
electric revenue bonds are uncommon and staff desired a firm with expertise in this
area.George K.Baum and U.S.Bancorp Piper Jaifrey were recommended based on a
lower fee proposal and a perceived better working knowledge of electric utility
financings.Estes Park residents will not be precluded from purchasing the bonds
should they so desire.It was moved and seconded (Hix/Barker)George K.Baum &
Co.be selected as the Bond Underwriter for the $3.2±Electric Revenue Bonds,
and it passed unanimously.
2.ACTION ITEMS:
1.Special Event Liquor Permit for the Art Center of Estes Park.It was
moved and seconded (Hix/Gillette)the Special Event Liquor Permit for
the Art Center for a reception planned November 20,1999 be approved,
and it passed unanimously.
2.Ordinance #7-99 —Establishing a Light and Power Enterprise Fund.
3.Ordinance #8-99 —Establishing a Water Enterprise Fund.
Town Attorney White reported that both items would be considered jointly,
and he briefed the Trustees on the 1992 TABOR Amendment,adding that the
Town has managed both the Light and Power and Water Funds as
“enterprise funds”for a number of years.However,the Bond Attorney is
requesting the Town formally establish the Light &Power Fund as an
enterprise fund to facilitate the upcoming electric revenue bond sale.Staff is
Board of Trustees —September 28,1999 -Page 3
suggesting the Water Fund be included in the formality.Attorney White
confirmed this action is merely a formality,with no other implications,impacts,
etc.,and he specifically reviewed Section 7 —Findings,and confirmed that the
“emergency provision”has been included.It was moved and seconded
(Baudek/Hix)Ordinances #7-99 and #8-99 be approved,and it passed
unanimously.
3.TOWN ADMINISTRATOR’S REPORT:
1.None.
Following completion of all agenda items,Mayor Dekker adjourned the meeting at 7:39
p.m.
Vickie O’Connor,Town Clerk
L.Dekker,Mayor