Minutes - 1974 - City Council - 02/06/1974 - Special CITY OF EAGLE
P.O. BOX 477 · EAGLE, IDAHO 83616
February 6, 1974
A special meeting of the City of Eagle was held February 6, 1974.
at 7:30 P. N. by Nayor Adams. The minutes were read and approved.
Nr. Norval 0stroot was intorduced as representing the library
board from the Eagle library. He asked that the City of Eagle
take over the library with the existing debt.
The following is a break-down of information concerning
said library: 6 years ago the library purchased their
present building for $9,000.00 on a 15 year loan, 7½~ int.
The remaining balance is $6,922.00 which is paid at
a rate of $81.00 per month, in addition to heat expense
of $134.25 per year and electrigity of $36.94 per year,
$15.00 cleaning per month, and insurance $51.00 per year.
The library has a s~ings account balance of $2000.00,
checking account balance of $300.00 which they will
turn over to the city along with the proceeds of the
library auction to be held February 16, 1974. If the
city were to pay off the balance of the library
building by Narch 15th they would receive a $500.00
discount, or by June 1st a $400.00 discount.
Nr. Cosho was intorduced to the council and a motion of
January 22, 1974 to hire him as City Attorney was upheld.
John Smidt made a motion to appoint LeRoy Pearman as
president of the council. Irene Gunderson seconded the motion.
John Smidt made a motion to declare a moratorium on any development
within the city limits of Eagle with the exception of single
family dwellings, for a period of 6 months. Elmer Bacus
seconded the motion. The vote was unanimous.
A preliminary budget was presented to the council for their
discussion.
Nr. Ralph Hunter spoke with the council on publication
proceedings.
There being no further business to come before the
the meeting was adjourned.
C~ty Clerk
council