PUBLIC HEARING

Lincoln City Hall, Council Chambers 700 Broadway Street Lincoln, Illinois

Monday, October 7, 2019

A Public Hearing of the City Council of Lincoln was called to order by Mayor Seth Goodman at 7:00 pm

with proper notice given. The hearing was held in regards to the requirements of Sections 10 and 20 of the Bond Issuance Notification Act. Roll call was taken by City Clerk Peggy Bateman.

Present:

Alderman Steve Parrott

Alderman Kathryn Schmidt

Alderman Tracy Welch

Alderman Sam Downs

Alderman Kevin Bateman

Alderman Ron Keller

Alderman Kathy Horn

Alderman Jeff Hoinacki

Present:

City Administrator Elizabeth Kavelman

Treasurer Chuck Conze

City Clerk Peggy Bateman

City Attorney John Hoblit

Streets Superintendent Walt Landers

Building and Safety Officer Wes Woodhall

Police Chief Paul Adams

Fire Chief Bob Dunovsky

Norman Bigott, Veolia, Regional Technical Manager

Presiding:

Mayor Seth Goodman

Opening Statement, Mayor Seth Goodman:

Mayor Seth Goodman opened the meeting by reading a statement about the Bond Issuance Notification Act of the State of Illinois. Mayor Goodman shared that residents, taxpayers and other parties would be able to issue their views. He passed the conversation onto Treasurer Chuck Conze who said this is something that is done every three years.

He said the last time, the bond proceeds were received in 2017, so we are at the end of a three year cycle.He said what they would intend to do with this is keep the levy for the first year. He said currently the bond rates are pretty good.He said some of the things-this has been used for a generator, improvements to the councilchambers, the garage door for the fire station. He said the chief could tell people about it more than he could ...but also the street garage. He said there was some cost to the city-$350,000. He also referenced the pumper truck. He said the city had to have the pumper, they took a short-term loan on it. They used a considerable part of the bond proceeds to pay for it. Those were some of the types of things they had used this for.

City Administrator Elizabeth Kavelman wanted to clarify that the money will not be used to fund any other organizations. He saidit is not used for any other costs.

Adjournment:

Alderman Welch motioned to adjourn, seconded by Alderman Keller. There being no discussion to come before the City Council of Lincoln, Mayor Goodman called the special meeting to a close at 7:06 p.m.

Respectfully Submitted By:

Alex Williams, Recording Secretary