MINUTES OF REGULAR MEETING
OF THE CITY COUNCIL
CITY OF BLACK JACK
12500 OLD JAMESTOWN ROAD
March 1, 2011
The City Clerk called the roll and the following members were present:
Councilman AllenCouncilman White Councilman KrankCouncilman Steigerwald Councilman Schroeder Councilwoman Muller Councilman TaylorCouncilman Hinkle
The City Clerk attested to the fact that a quorum was present. Mayor McCourt called the meeting to order at 7:30 p.m.
Sergeant Frank Kardosz provided a 2010 Crime Statistics Report to the Mayor and City Council.
APPROVAL OF MINUTES
Mayor McCourt called for additions, corrections or changes to the Regular Meeting Minutes of February 15, 2011. The minutes were approved as distributed.
COMMENTS, QUESTIONS, PETITIONS, ETC. FROM THE PUBLIC
1.Mayor McCourt advised that the Building Inspector’s report was included in the Council packet. 2.For the month of February there were nine home occupancy permits and eight apartment occupancy permits issued. Also, according to the 2010 census, the City’s population has increased by 2%. 3.He received two letters from Charter Communications advising of more changes that are forthcoming, i.e., decreasing fees for equipment, a new channel 43 titled Speed, which will be available on extended basic digital only.
Councilman White advised that he attended an event honoring Mr. Wes Moore. Mr. Moore is a John Hopkins Rhodes Scholar, a decorated veteran, White House Fellow, Business Leader and author of his autobiography “The Other Wes Moore”. It was a well attended event.
REPORTS FROM COMMISSIONS/BOARDS/COMMITTEE
1.Councilman White advised that the Americans with Disabilities Act Committee and Human Rights Commission met and discussed selection of officers and future meeting dates. 2.Councilman Taylor advised that the Old City Hall Utilization Committee met and moved to forward the building inspector’s report of Old City Hall located at 4655 Parker Road to the City Council for consideration at the March 15, 2011 meeting.
Mayor McCourt requested that the report also be forwarded to the Director of Public Works, since some of the necessary repairs could be possibly be completed by the Maintenance Department.
1.The Mayor and City Council reviewed and consider the bid specifications for Grass Violation Cutting for the 2011 season. No changes were suggested. 2.Councilman Steigerwald moved to discuss and consider Cyber and Flood insurance during the 2011/2012 budget meetings. Motion was seconded and passed by a unanimous voice vote of the Council.
FINAL COMMENTS OR QUESTIONS FROM THE PUBLIC:
FINAL ANNOUNCEMENTS FROM THE MAYOR:
ADJOURNMENT: There being no further business the meeting was adjourned at 8:10 p.m.
THE MARCH 1, 2011 CITY COUNCIL MEETING MINUTES WERE APPROVED AS DISTRIBUTED DURING THE MARCH 15, 2011 CITY COUNCIL MEETING.
Norman C. McCourt, Mayor
Karen E. Robinson, MRCC
THE CITY OF BLACK JACK BOND REFUNDS WILL SAVE THE CITY AND ITS RESIDENTS $190,000.00.
Black Jack, MO, April 21, 2012: At the last, 2012 Black Jack City Council Meeting, a member from the Investment Firm Stifel Nicolaus, informed the Mayor and the City Council that the refunding of the Cities bonds will save the City and its residents $190,000.00. (The term Refunding is equivalent to a lower refinancing rate) .The City was also commended by Stifel Nicholaus on receiving an A1 rating, which is very unusual for a City the size of Black Jack and indicative of the excellent management of the City’s finances and future potential. The City was advised about two weeks ago during a reviewing in the current rate for refunding the bonds, the savings to the City and its residents would have been about $130,000.00. But as of Tuesday, April 17th, 2012, due to market conditions, the savings is over $190,000.00. Bob Ballsrud and Erick Creach from Gilmore and Bell, the underwriters for the bonds commended the City’s staff on their hard work and diligence in cooperating with them through the rigorous process of refunding the bonds. He stated each request received a response from the City within minutes.
Mayor Norm McCourt stated, “I am pleased that we were able to refund the bonds and
provide a substantial savings to the residents of the City, I was particularly grateful in receiving
the A1 bond rating for the City and the comments we received on the excellent financial
position of the city and its operations.”
For more information, please contact Mayor Norman C. McCourt directly at
314-355-0400 ext. 100.