Town Commissioners Agenda — 2017-03-22

AGENDA

QUEENSTOWN COMMISSIONERS

March 22, 2017 6:00 p.m. - CLOSED SESSION (To discuss contract negotiations) 6:30 p.m. - WORK SESSION Review of correspondence, minutes and bills to be paid 7:00 p.m. - PUBLIC HEARING CALLED TO ORDER Hearing on proposed Ordinance 17-01:

AN ORDINANCE of The Town Commissioners of Queenstown (the “Town”) authorizing the issuance, upon the full faith and credit of the Town, of a general obligation installment bond in the principal amount not to exceed Three Hundred Fifty Thousand Dollars ($350,000), under the authority of 19-301, et seq. of the Local Government Article of the Annotated Code of Maryland (2013 Replacement Volume, as amended) (the “Enabling

Act”) and Section 19-46 of the Charter of the Town (the “Charter”), to be designated “The Town Commissioners of Queenstown General Obligation Bond (Wastewater Treatment Plant)” (the “Bond”), with such other designation as authorized by the Town; the net proceeds of the sale of the Bond will be used and applied for the public purpose of financing and refinancing the costs of construction of a wastewater treatment plant,

together with the acquisition of all necessary property rights and equipment, together with any related construction, architectural, financial, fiscal, legal, design, planning and engineering expenses; prescribing the form and tenor of the Bond and the terms and conditions for the issuance and sale of the Bond; providing for the levy and collection of any taxes necessary for the prompt payment of the maturing principal of and interest on

the Bond and that the full faith and credit and taxing power of the Town be irrevocably and unconditionally pledged to the payment of the principal and interest on the Bond.

REGULAR MEETING CALLED TO ORDER

OPEN DISCUSSION

COMMITTEES

Public Works Planning Finance Committee Town Manager

TOWN CLERK

1. Treasurers/Finance Report

2. Minutes

3. Correspondence/Requests/Info – Sent and Received

4. Old Business – Review Status & Any Action to be Taken

OLD BUSINESS

•Ordinance 17-01 – An Ordinance of The Town Commissioners of Queenstown (the “Town”) authorizing the issuance, upon the full faith and credit of the Town, of a general obligation installment bond in the principal amount not to exceed Three Hundred Fifty Thousand Dollars ($350,000), under the authority of 19-301, et seq. of the Local Government Article of the Annotated Code of Maryland (2013 Replacement Volume, as

amended) (the “Enabling Act”) and Section 19-46 of the Charter of the Town (the “Charter”), to be designated “The Town Commissioners of Queenstown General Obligation Bond (Wastewater Treatment Plant)” (the “Bond”), with such other designation as authorized by the Town; the net proceeds of the sale of the Bond will be used and applied for the public purpose of financing and refinancing the costs of construction of a

wastewater treatment plant, together with the acquisition of all necessary property rights and equipment, together with any related construction, architectural, financial, fiscal, legal, design, planning and engineering expenses; prescribing the form and tenor of the Bond and the terms and conditions for the issuance and sale of the Bond; providing for the levy and collection of any taxes necessary for the prompt payment of the maturing principal of and

interest on the Bond and that the full faith and credit and taxing power of the Town be irrevocably and unconditionally pledged to the payment of the principal and interest on the Bond (eligible for adoption) ONGOING MATTERS: (Items will remain on list until complete)

1. Wastewater Treatment Plant

NEW BUSINESS

• Ordinance 17-02: AN ORDINANCE OF THE TOWN OF QUEENSTOWN TO

AMEND SECTION 33.C.9 OF THE QUEENSTOWN ZONING ORDINANCE TO

PROVIDE ALTERNATIVE STANDARDS FOR GROWTH ALLOCATION,

WHEN THE PROPERTY RECEIVING GROWTH ALLOCATION DOES NOT

SATISFY SUBSECTIONS 33.C. 1, 2, 3 OR 4 (for introduction only)

ATTORNEY UPDATES

CLOSED SESSION

(To discuss litigation with counsel)

ADJOURNMENT