July 2, 1996 - Special City Council Session

City Council, July 2, 1996.

A special session of the City Council is held Tuesday, July 2, 1996, at five two o’clock p.m. All the members are present except Councilors Doyle, Hodge and Vieira, and President Barry presides.

591      Communication from President John J. Barry, III, calling a Special Session of the City Council on Tuesday, July 2, 1996, at 5:00 PM is READ AND ORDERED FILED.

THE FOLLOWING COMMUNICATION WAS LAID ON THE TABLE AT THE MEETING HELD JUNE 19, 1996, AND IS AGAIN TAKEN UP AND IS READ AND ORDERED FILED:

335      Communication from Jack Rahill, Finance Director, to the members of the Pawtucket City Council. (Bond anticipation notes)

THE CHAIR RECOGNIZES COUNCILOR BRAY

With majority consent of the Council, Councilor Bray submits the bids received for Bond Anticipation Notes at the bid opening held at Fleet National Bank on July 2, 1996, as follows:

THE CHAIR RECOGNIZES COUNCILOR BRAY

With majority consent of the Council, Councilor Bray introduces the following communication:

335      Communication from Jack Rahill, Finance Director, to the Honorable City Council, submitting recommendation to award the sale of $6,130,000 City of Pawtucket General Obligation Bond Anticipation Notes to the lowest bidder, as follows:

With majority consent of the Council, the following communication submitted by Councilor Bray, seconded by Councilor Butler, is READ AND ORDERED FILED:

Communication from Jack Rahill, Finance Director, to the Honorable City Council, submitting recommendation to award the sale of $6,130,000 City of Pawtucket General Obligation Bond Anticipation Notes to the lowest bidder, as follows:

THE CHAIR RECOGNIZES COUNCILOR BRAY

Upon motion made by Councilor Bray, seconded by Councilor Butler, the following resolution is READ AND PASSED on a roll call vote as follows:

Ayes - President Barry, Councilors Bray, Butler, Cute, Moran and Rabbitt.

Noes - 0.

335      RESOLUTION AWARDING THE SALE OF $6,130,000 CITY OF PAWTUCKET GENERAL OBLIGATION BOND ANTICIPATION NOTES, TO THE FOLLOWING:

Upon motion made by Councilor Moran, seconded by Councilor Bray, the meeting is adjourned at five six o’clock p.m.