Sunday, April 22nd

The Common Council met at City Hall in the City of Black River Falls on February 6, 2018 at 6:00 P.M. Alderpersons Colloton Chrest, M. Rave, Busse, Gearing-Lancaster, and Ross were present. Alderperson Olson participated via telephone. Alderperson J. Rave was excused. Alderperson Redbird was absent. Mayor J. Eddy presided.
It was moved by Alderperson Ross seconded by Alderperson Gearing-Lancaster to dispense with the reading of the minutes of the January 17, 2018 Special Common Council meeting and approve as presented. Motion carried.

CITIZENS IN ATTENDANCE
There were 2 citizens in attendance.

COMMITTEE REPORTS
It was moved by Alderperson Busse, seconded by Alderperson Colloton Chrest to place on file the minutes of the January 29, 2018 Utility Commission meeting. Motion Carried.
ORDINANCE #841 - An Ordinance repealing and recreating Section 17.23(6)(a)(1) of the Code of Ordinances for the City of Black River Falls regarding the notification procedure for Historic Preservation Commission hearings was read.
1st Reading.

ORDINANCE #842 - An ordinance repealing and recreating Sections 12.07(2) and 12.07(4) and repealing Section 12.07(3) off the Code of Ordinances for the City of Black River Falls regarding dog license fees and kennels was read.
1st Reading.
It was moved by Alderperson Colloton Chrest, seconded by Alderperson Gearing-Lancaster to approve RESOLUTION 2018-03 - a resolution to refinance the 2013 Anne Street Reservoir loan. Motion Carried.

CITY OF BLACK RIVER FALLS RESOLUTION 2018-03 A RESOLUTION TO REFINANCE THE 2013 ANNE STREET RESERVOIR LOAN
WHEREAS, The City of Black River Falls, Jackson County, Wisconsin (“City”), is presently in need of funds aggregating $133,000.00 for the public purpose of a balloon payment due on a loan for the 2013 Anne Street Reservoir Overhaul; and
WHEREAS, The city previously secured a loan with the Black River Country Bank (“Loan #43694”) for this project; and
WHEREAS, Black River Falls Municipal Utilities uses water utility revenues to make the annual payment; and
WHEREAS, Loan #43694 has a balloon payment of $162,088.31 due on April 16, 2018; and
WHEREAS, The payoff amount on Loan #43694 as of February 15, 2018 is $161,676.11; and
WHEREAS, Municipal Utilities plans to make an annual payment of $28,676.11 on Loan #43694 on February 15, 2018 using revenues generated as part of the 2018 Municipal Utilities Budget; and
WHEREAS, the Black River Falls Municipal Utility Commission recommends the City refinance the 2013 Water-Anne Street Reservoir Loan with the Black River Country Bank with a term of 5 years at an interest rate of 2.94%; and
WHEREAS, the Council deems it necessary and in the best interest of the City that, pursuant to the provisions of Section 67.12(12), Wisconsin Statutes, the sum of One Hundred Thirty-Three Thousand Dollars and No Cents ($133,000.00) be borrowed for such purpose upon the terms and conditions hereinafter set forth:
NOW, THEREFORE, BE IT RESOLVED that for the purpose hereinabove set forth, the City, by its Mayor, and City Administrator, pursuant to section 67.12(12), Wisconsin Statutes, borrow from the Black River Country Bank, Black River Falls, WI (“Lender”), the sum of $133,000.00, and, to evidence such indebtedness, said Mayor and City Administrator shall make, execute and deliver to the Lender for and on behalf of the City the promissory note of the City, in the said principal amount with interest at the rate of Two and Ninety-Four Hundredths percent (2.94%) per annum for a term of 5 years with annual principle and interest payments with the first payment due in 2019.
It was moved by Alderperson Ross, seconded by Alderperson M. Rave to approve RESOLUTION 2018-04 - a resolution to refinance the 2008 Hydro Overhaul loan. Motion Carried.

CITY OF BLACK RIVER FALLS RESOLUTION 2018-04 A RESOLUTION TO REFINANCE THE 2008 HYDRO OVERHAUL LOAN
WHEREAS, The City of Black River Falls, Jackson County, Wisconsin (“City”), is presently in need of funds aggregating $73,000.00 for the public purpose of a balloon payment due on a loan for the 2008 Hydro Overhaul; and
WHEREAS, The city previously secured a loan with the Black River Country Bank (“Loan #43709”) for this project; and
WHEREAS, Black River Falls Municipal Utilities uses electric utility revenues to make the annual payment; and
WHEREAS, Loan #43709 has a balloon payment of $88,622.40 due on April 16, 2018; and
WHEREAS, The payoff amount on Loan #43709 as of February 15, 2018 is $88,397.03; and
WHEREAS, Municipal Utilities plans to make an annual payment of $15,397.03 on Loan #43709 on February 15, 2018 using revenues generated as part of the 2018 Municipal Utilities Budget; and
WHEREAS, the Black River Falls Municipal Utility Commission recommends the City refinance the 2008 Hydro Overhaul Loan with the Black River Country Bank with a term of 5 years at an interest rate of 2.94%; and
WHEREAS, the Council deems it necessary and in the best interest of the City that, pursuant to the provisions of Section 67.12(12), Wisconsin Statutes, the sum of Seventy-Three Thousand Dollars and No Cents ($73,000.00) be borrowed for such purpose upon the terms and conditions hereinafter set forth:
NOW, THEREFORE, BE IT RESOLVED that for the purpose hereinabove set forth, the City, by its Mayor, and City Administrator, pursuant to section 67.12(12), Wisconsin Statutes, borrow from the Black River Country Bank, Black River Falls, WI (“Lender”), the sum of $73,000.00, and, to evidence such indebtedness, said Mayor and City Administrator shall make, execute and deliver to the Lender for and on behalf of the City the promissory note of the City, in the said principal amount with interest at the rate of Two and Ninety-Four Hundredths percent (2.94%) per annum for a term of 5 years with annual principle and interest payments with the first payment due in 2019.
The City Administrator and City Attorney explained the options the Council has to fill an expected vacancy in the office of Mayor and order a special election. If a person is appointed, that person would serve until a Mayor can be properly elected at a special election. The special election can be held in conjunction with the scheduled November 2018 election or the April 2019 election. There would be no additional cost if the special election takes place on the same date as either of those elections. The Council cannot order or schedule the special election until the vacancy occurs on April 17, 2018.

It was moved by Alderperson Busse, seconded by Alderperson Ross to adjourn. Motion Carried.

A. Brad Chown
City Administrator