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HomeMy WebLinkAbout1988 07 18 City Commission Special Minutes . . . 87-88-20 SPECIAL MEETING CITY COMMISSION CITY OF WINTER SPRINGS JULY 18, 1988 The Special Meeting of the City Commission of the City of Winter Springs, Florida, was called to order by Deputy Mayor Arthur Hoffmann at 7:00 p. m. Roll Call: Mayor Leanne M. Grove, absent Deputy Mayor Arthur Hoffmann, present City Manager Richard Rozansky, present Commissioners: Cindy Kaehler, present Philip A. Kulbes, absent William A. Jacobs, present Martin Trencher, present City Manager: Acquisition of Seminole Utility: The City Manager stated that the purpose of the Special Meeting was to obtain approval of the Commission to send a letter to Seminole Utility Company in reference to acquisition of the Company. Manager Rozansky said he had met with Mr. Birdsong and Mr. Thompson to discuss the acquisition. Mr. Birdsong indicated that they were interested in selling the Utility Company provided the price was right, that capacity could be reserved for their future development, and that the City would agree to properly run the plant. The City Manager said that he indicated that he would like to immediately commence negotiations, and would require some information as their PSC filings, their Developer Agreements, existing contracts, rate orders, As Built drawings and financial statements. Manager Rozansky indicated that a fair market value and bonding capacity would dictate what we could pay for the Utility Company. They were generally in agreement. Manager Rozansky said he has talked with Cal Conklin, Conklin, Porter & Holmes, and has asked him to give a proposal for the review of engineering, a timetable and some costs for doing the engineering study. The City Manager read the following letter that he had written to Mr. Birdsong: Dear Mr. Birdsong, President, Gulfstream Orlando Inc., 900 N. Maitland Ave., Maitland, FL 32751; Dear Mr. Birdsong: Pursuant to my prior inquiries of you, I am writing to formally advise you that the City of Winter Springs is interested in acquiring the Seminole Utilities Company. We would like to commence negotiations with you and we would like to have access to your records and plant so as to make these negotiations more meaningful. If we cannot reach an agreement on a purchase price before November 1, 1988, we will have no choice but to pursue condemnation of the Utility. I hope that you understand that we would like to have a friendly acquisition. We look forward to working with you and to your response. Very truly yours, (signed) Richard Rozansky, City Manager. . . . . Special Meeting, City Commission, July 18, 1988 Page 2 87-88-20 Motion was made by Commissioner Jacobs that we send the letter to Mr. Birdsong, dated July 18, 1988 as presented into the minutes. Seconded by Commissioner Trencher. Discussion. Vote on the motion: Commissioner Kaehler, aye; Commissioner Hoffmann, aye; Commissioner Jacobs, aye; Commissioner Trencher, aye; motion carried. Meeting was adjourned 7:10 p. m. Respectfully submitted, ~\~Lt-~~LbG~ Caroline McGinley, \ Clerk Approved: :~~~ ARTHUR HOFFMANN ,DEPUTY MAYOR