HomeMy WebLinkAbout1984-10-24 City Council Special MinutesCITY COUNCIL
SPECIAL MEETING
OCTOBER 24,1984
The Special Meeting of the City Council of the City of Apache
Junction,Arizona,was held on October 24,1984,at the Apache Junction
City Council Chambers pursuant to the notice required by law.
CALL TO ORDER
Mayor Clarke called the meeting to order at 6:30 p.m.
ROLL CALL
Councilman Present:
Staff Present:
Councilman Shanks,Councilman
Taylor,Councilman Damiano,
Councilman Baljo,Councilman
Hill,Vice Mayor Eidson,
Mayor Clarke
City Manager Michael J.MCNulty
Deputy City Clerk Lori V.Clark
City Attorney David Alexander
Economic Development Specialist
John Schoeph
CONSIDERATION AND ACTION ON APPLICATION
SUBMITTED BY MR.GENE E.LYNN FOR FINAL
APPROVAL OF ISSUANCE OF NOT TO EXCEED
$3,3000,000 IN INDUSTRIAL DEVELOPMENT
REVENUE BONDS (A.J.WELLNESS CENTER))
)Mr.Jim Lanche,Lawyer with the
firm of O'Connor,Cavanaugh,et.a l ,outlined the proposal of
Industrial Development Bonds to finance the project,Apache Junction
Wellness Center.
Vice Mayor Eidson asked i f
Mr.Lynn defaulted,would the City be liable.
Mr.Lanche replied that no,the
City would not be liable.
Additional questions were asked
by the Council in regards to the other projects Mr.Lynn had initiated.
Vice Mayor Eidson MOVED THAT BE
IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE
JUNCTION,ARIZONA,THAT RESOLUTION NO.84-57,A RESOLUTION OF THE MAYOR
AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,APPROVING THE
ISSUANCE OF $3,300,000.00 IN INDUSTRIAL DEVELOPMENT REVENUE BONDS,
(GENE E.LYNN WELLNESS CENTER PROJECT),SERIES OF 1984 OF THE
INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF APACHE JUNCTION,
ARIZONA,BE AND HEREBY IS APPROVED AND ADOPTED.
Councilman Baljo seconded the
motion.
VOTE:In Favor:Councilman Baljo,Councilman Taylor,Councilman Hill,
Councilman Shanks,Vice Mayor Eidson,Mayor Clarke
Opposed:Councilman Damiano
The motion carried.
ADJOURNMENT
)Vice Mayor Eidson MOVED THAT BE
IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE
JUNCTION,ARIZONA,THAT THE MEETING BE ADJOURNED AT 6:52 P.M.
Councilman Hill seconded the
motion.
VOTE:Unanimous
The motion carried.
ACCEPTED THIS 18TH DAY OF DECEMBER ,1984,BY THE
MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA.
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Wendell J.Cl
Mayor
ATTEST:
Kathleen Connelly
City Clerk
SPECIAL MEETING OF THE CITY COUNCIL
OCTOBER 24,1984
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