March 16, 1994 - Special City Council Session

City Council, March 16, 1994.

A special session of the City Council is held Wednesday, March 16, 1994, at five four o’clock p.m. in the City Council Chamber. All the Members are present President Barry presides.

591      Communication from Council President John J. Barry, III, calling a special session of the City Council for Wednesday, March 16, 1994, at 5:00 PM is READ AND ORDERED FILED.

The following Ordinance is taken up:

Ordinance Authorizing the City of Pawtucket to Issue Bonds and Notes in the Sum of Forty Million ($40,000,000) Dollars Providing for the Synchronization of the City of Pawtucket’s Tax and Fiscal Year.

590 &

330      Mayor Robert Metivier; Jack Rahill, Finance Director; and Karen Grande, from Tillinghast, Collins and Graham, Bond Counsel, discuss the Ordinance.

Mayor Metivier reads a prepared statement, which is Read and Ordered Filed.

THE CHAIR RECOGNIZES COUNCILOR HODGE.

With majority consent of the Council, upon Motion made by Councilor Hodge, seconded by Councilor Demopulos, the following amendment to the ordinance entitled, "Ordinance Authorizing the City of Pawtucket to Issue Bonds and Notes in the Sum of Forty Million ($40,000,000) Dollars Providing for the Synchronization of the City of Pawtucket’s Tax and Fiscal Year," is passed on a roll call vote, as follows:

Ayes - President Barry, Councilors Bray, Demopulos, Doyle, Hodge, Kinder, Moran, Rabbitt and Vieira.

Noes - 0

AMENDMENT -

Section One is amended by adding the following to the end of the sentence: "including the sum of Six Million ($6,000,000) Dollars for the purpose of retiring cumulative debt."

The following ordinance is read for the first time, AS AMENDED, and passed on a roll call vote, as follows:

Ayes - President Barry, Councilors Bray, Demopulos, Hodge, Kinder, Moran, and Rabbitt.

Noes - 0

Noes - Councilors Doyle and Vieira.

Ordinance Authorizing the City of Pawtucket to Issue Bonds and Notes in the Sum of Forty Million ($40,000,000) Dollars Providing for the Synchronization of the City of Pawtucket’s Tax and Fiscal Year including the sum of Six Million ($6,000,000) Dollars for the purpose of retiring cumulative debt, AS AMENDED."

THE CHAIR RECOGNIZES COUNCILOR VIEIRA.

Upon Motion made by Councilor Vieira, seconded by Councilor Kinder, the City Council goes into Executive Session at 6:45 p.m., pursuant to Rhode Island General Law 42–46–5 (2) Dealing with Pending Litigation.

THE COUNCIL RETURNS TO OPEN SESSION AT 7:17 PM.

THE CHAIR RECOGNIZES COUNCILOR VIEIRA.

Upon Motion made by Councilor Vieira, seconded by Councilor Demopulos, the minutes of the Executive Session are sealed.

THE CHAIR RECOGNIZES COUNCILOR VIEIRA.

Upon Motion made by Councilor Vieira, seconded by Councilor Demopulos, the Council instructs their Attorney, Scott Partington, to drop the proceedings on the Tomlinson Case and to continue the proceedings on the Prompt Payment Ordinance Case on a voice vote.

COUNCILOR HODGE VOTES NO TO THE CONTINUANCE OF THE PROMPT PAYMENT ORDINANCE CASE.

Upon Motion made by Councilor Vieira, seconded by Councilor Demopulos, the meeting is adjourned at seven eighteen o’clock p.m.

March 16, 1994 - Special City Council Session
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