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<br />f.---- tJ" <br /> <br />"."- ;i <br /> <br />TUESDAY <br /> <br />AUGUST 28, 1979 <br /> <br />chances of obtaining such Federal funding, with the fee of such a consultant (not to exceed <br /> <br />$5,000.00 and probably to amount to no more than $2,000.00-$3,000.00) to be paid from Federal <br /> <br />funds if the preliminary and final applications are approved. With Vice-Mayor Cole presiding, <br /> <br />Mayor Hobson offered the motion that the City employ such a consultant; however, there being <br /> <br />no second to this motion, the motion failed. Thus, there being no authorizing action by <br /> <br />Council to employ or retain a consultant for this purpose, the authorized pre-application <br /> <br />is to be prepared solely by the City's administrative staff. <br /> <br />Upon motion, duly seconded and unanimously carried, Council adopted a revised "Employee <br /> <br />Manual", as presented to Council in draft form. <br /> <br />Upon motion, duly seconded and unanimously carried, Council appointed Dr. James E. Calkins <br /> <br />(Superintendent of the City's Public School System) and Mr. Robert A. Williams (Attorney at <br /> <br />Law) to four-year terms on the Anchor Commission, beginning September I, 1979. <br /> <br />City Manager Noland informed Council that, as a result of recent negotiations by the City <br /> <br />(and by other "municipals") with Appalachian Power Company officials, and with the assistance <br /> <br />of the City's consultants, the terms and conditions of a revised wholesale power purchase <br /> <br />contract with APCo were agreed upon by all parties on August 22, 1979, resulting in a more <br /> <br />favorable tariff for the City than was anticipated. Such tariff, it was indicated, will <br /> <br />provide for a 5.35% increase (to be paid by the City), effective January 1, 1980, subject to <br /> <br />the approval of the Federal Energy Regulatory Commission. Upon motion, duly seconded and <br /> <br />unanimously carried, Council accepted and approved the revised contract, in the process of <br /> <br />being prepared. Meanwhile, City Manager Noland and Finance Director-Council Clerk W. H. Yeaman <br /> <br />were directed to recommend to Council, at its next regular meeting, methods by which, and <br /> <br />amounts, the City might invest expected Electric surplus funds as a contribution to the <br /> <br />established Escrow Fund for the the City's proposed Ridgeway Hydro-Electric Project. <br /> <br />f':~ <br />