HomeMy Public PortalAboutAB 08-72 Repeal of auth for BKMcCALL CITY COUNCIL
AGENDA BILL
Number
Meeting Date
AB 08-72
April 10, 2008
216 East Park Street
McCall, ID 83638
AGENDA ITEM INFORMATION
SUBJECT:
Repeal of Resolution 08-04, authorizing the City to
file Chapter 9 Bankruptcy for the City of McCall
Approvals: Department/
Committee/Individual
Initials
Remarks
(Originator/
Support)
Mayor / Council
City Manager
LSK
Originator
Community Development
Treasurer
FQ
Acting Clerk
Police Department
Public Works
Golf Operations
Parks & Recreation
COST IMPACT: None
Airport
FUNDING SOURCE: N/A
Library
City Attorney
TIMELINE: Immediate
Grant Coordinator
Other: ( )
SUMMARY STATEMENT:
On February 25th, 2008,
Wausau and St. Claire, by
warrant. The judicial confirmation
Municipal Reorganization bankruptcy
Note attachments: (1) Resolution
the City received judicial confirmation to pay the balance
issuing a warrant for $7 1 million, and to issue a revenue
of the judgment to
bond to redeem the
filing a Chapter 9
February 25, 2008
and the present circumstances do not warrant
as authorized by Resolution No. 08-04, adopted
08-8 Repeal of Resolution 08-4, (2) Resolution 08-4
RECOMMENDED ACTION:
Adopt Resolution 08-8; A
IDAHO, REPEALING AND
McCALL,
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RESCINDING RESOLUTION NO. 08-04.
RECORD OF COUNCIL ACTION
Meeting Date
ACTION
February 25, 2008
Resolution 08-04 was adopted