A special meeting of the Council for the City of Crystal Falls was held in the Council Chamber of the City Hall on Monday, July 29, 2004 at 4:30 p. m. Central Time.

Present: Mayor Hendrickson, Councilors Thrasher, Benda, and Koszyk.

Absent: None

Also present were City Manager Nordeman, City Clerk/Treasurer Olson, and Bill Leonoff.

The purpose of this special meeting was to introduce an ordinance necessary for the issuance of revenue bonds for the Power Plant Automation Project and to set a public hearing date for said ordinance.

Mayor Hendrickson led all present in the Pledge of Allegiance.

Manager Nordeman explained the process for the issuance of bonds.

Councilor Thrasher seconded by Councilor Benda moved to introduce Ordinance No. 5.03, an ordinance to provide for the acquisition, construction, installation and equipping of necessary additions and improvements to the electric utility system of the City of Crystal Falls, Michigan; to provide for the issuance and sale of revenue bonds to pay the cost thereof; to provide for the security for and retirement of the bonds herein authorized; to confirm the existing rates for the system; and to provide for other matters relative to the system and the bonds.

Ayes: Mayor Hendrickson, Councilors Thrasher, Benda, Koszyk, and Valesano. Nays: None

Motion carried.

Councilor Benda seconded by Councilor Koszyk moved to set the public hearing date for Ordinance No. 5.03 to be Monday, August 9, 2004, during the regular meeting of the City Council scheduled for 4:30 p.m., immediately following the public hearing on proposed Ordinance No. 1.04.

AYES: Mayor Hendrickson, Councilors Thrasher, Benda, Koszyk, and Valesano. Nays: None

Motion carried.

Councilor Koszyk seconded by Councilor Benda moved to adjourn this special meeting of the City Council.

Motion carried.

Meeting adjourned at 4:50 p.m.