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HomeMy Public PortalAboutAB 07-211 JUDICIAL CONFIRMATINON McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, ID 83638 Number AB 07-211 Meeting Date November 26, 2007 AGENDA ITEM INFORMATION Approvals: Department/ Initials Remarks SUBJECT: Committee/Individual (Originator/ Support) Resolution 07-17: Authorizes the filing of a Mayor / Council petition for Judicial Confirmation City Manager Community Development Treasurer FQ Originator Acting Clerk Police Department Public Works Golf Operations Parks & Recreation Airport COST IMPACT: Approximately $7.11M, Revenue Bond Library FUNDING SOURCE: Sewer Fees, Rate City Attorney Increase Grant Coordinator TIMELINE: Upon Judicial Confirmation Other: ( ) SUMMARY STATEMENT: Notice was published on October 18, 2007 that the City of McCall would conduct a public hearing on November 8 to determine whether to proceed with the issuance of a Warrant pursuant to Idaho Code Sections 50-1018, 31-2124 and 31-2125 and Refunding Sewer Revenue Bond(s) pursuant to Idaho Code Sections 50-302, 50-237 and 57-501., respectively, for the purpose of the anticipated payment of Judgment(s) in favor of Employers of Wausau and St. Clair Contractors and whether to consider adoption of a Resolution for the filing of a petition pursuant to the Idaho Judicial Confirmation Law, Idaho Code, Section 7-1301 et seq., requesting a judicial confirmation of the power and the authority of the City under the Constitution and laws of Idaho to approve the issuance of a Warrant(s) pursuant to Idaho Code Sections 50-1018, 31-2124 and 31-2125 and Refunding Sewer Revenue Bond(s) pursuant to Idaho Code Sections 50-302, 50-237 and 57-501, respectively and to enter into the related documents in order to provide for the anticipated payment of said Judgments. The Council received no comment at the November 8 Public Hearing, and should now adopt the referenced Resolution authorizing the filing of a petition for Judicial Confirmation. Note attachment: Resolution authorizing the filing of a petition for Judicial Confirmation RECOMMENDED ACTION: Adopt Resolution 07-17 authorizing the filing of a Petition for Judicial Confirmation. RECORD OF COUNCIL ACTION Meeting Date ACTION