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Home My WebLink About1977-04-110 • Meridian City Hall April 11, 1977 be paid before water can be turned on. (3) There will be an inspection charge upon completion of installation. This applies also to those units using septic tanks as an interrim measure approved by the Health Department Motion passed: Bodine, yea; Navarro, yea; Rasmussen, yea; Williams, yea, Special meeting call d to order y the Mayor, Don M. tore Councilmen present: Marvin Bodine; John Navarro; Kenneth asmus en; is i lams Others present, ob i ; e ungren; Kelly er ; on Marsh; Leo and . Matz; Richard L. Shults; 3umne, M. J hnson; — Bru a Stuart; lern Schoen; Duane Grier; an mi ; Car. B. lswo th; Terry Kesler; C. d. Wi liams 0 omm r; H low i ey; Doug weaviFrR,ame o eman; Lyni Harris; Wayne Crookston Jr.g G. Shin (Shimn Const) — on e . re kua.Ley ons ; 15ob r e; Leo and ewis; Frank Galey, Jr. GlenaLundgren, First Security Bank, together with Leonard atz d Jon Marsh, - FirstSecurity , were present to—represent a tax saving lor First Security Bank At Boise to explain why and how mDney van be saved under -- - e State law c ange of bondrefunding. Mr. Lundgren explained that change in rates can change costs and interest of -bonds—.— n s.Mr. Mr.Matz and Mr. Marsh expllainec that House Bill #194 Stata of Idaho allows a _ i y au ori y o re inan e at E lower market rate if favorable. They stated that on July _THey ]st thE State law goes into effect. repor e a ey are the second largest investment bank in America and submitted a projected refun ing concerning the p sent City Bonds. No action was taken in this matter except to take it under advisement. Roland Smith of Smit Bailey d Hansen, presented the Au it review of the , comp e e au i or isc Year an ma a suggestions or a ter operation of the City as a who e by stating that investments should a rev :wed more -requen y an per a s a i in s— ys-'Eem should be ini late . This audit and comen s are f'le with these minutea. The Mayor thanked th auditors --on for their services. -- The Motion was made by Marvin B dine and seconeed by Kenneth Rasmussen that the Audit be approved and accepted. Motion passed: Bodi e, yea; Navarro, yea; Rasmussen, yea; Williams, yea. ----- ----- --- The Motion was made by Kenneth asmussen and seconded by Marvin 3odin ---"- --- ------- at—t e o s �` Au it b paid for the audit of the 9'7 ecoid _ -- in the amount of $1750.00 Motion passed: 'Bodi e,_ye ; Navarro, yea; Rasmussen, yea; Williams, yea. The Mayor announced hat the Hepper matter is resolved and that ie is to pay Mayor Storey presented a olicy statement concerning ity tilit s which is similar to the prese t po icy b t needs to be reviewed and re -submitted. --The o ion -was ma e y Ri Yard-Itilliams and seconded 5 -y --Ke neRasmussen that the following Policy be re ordedi stating: - ROPOSED POLICY _ __ _ Hooku. char es W64-., d ewer,mut a paid before meter instal atio s. be paid before water can be turned on. (3) There will be an inspection charge upon completion of installation. This applies also to those units using septic tanks as an interrim measure approved by the Health Department Motion passed: Bodine, yea; Navarro, yea; Rasmussen, yea; Williams, yea, 0 Meridian Citv Hall - Sr)ecial meetina .2. April 11, 1977 Carl Ellsworth repor ed n action on the dirt but will hav a re ort in the near use. Th e ayor mentone areas in the City P o k. ci u This matter anise item concer will be looked ng into rt an by Marvin unlighted Bodine, Park Commissioner. The Mayor discussed he cars paiking in such a manner that it is blocking — traffic in the park. e o ion was made I City install additional y RR lightinE ERWVIIIiams and seconded in the City Park as y John er recommeiRdations Navarro that The of 0 ower Uompiny Motion passed: Bodine, co yeE; s91taf0ff wi e Navarro, yea; Rasmussen, oinmissibner. yea; Williams, yea. The Mayor explained refunding of Bonds b he piesenct Fir't Security of the previous pres Bank. ntat on concerning the After some discussioi for assistance in this it program as decided ol to postpone the 1975.,Bond issue to a lecisLon later of date who to engage possibly on April 1 th, 1977. The Mayor read a let er flom J. Rich Michels Vice President of Idaho First National Bank, Indic of of conflict of in tingappro erest%._ al of Bosworth and S is letter is on file liv with to these d in any matter minutes. _ The Mayor requested he opinion of each of the Councilmen. 7 The Council was palled Bonds. Mr. Williams thought there was a favorabl concerning _ the _douncil ,ma;C et_no favor,, of entering if ther Pro what they thought about should get started as .-.._-_ _ soon he re as possible unding of because Mr. Rasmussen was in Mr. Bodine thought that proceed. Mr. Navarro thought ies. into this prorDsal. were savings _the C' eed_ v shoild definitely A representative for Bosworth I Sullivan was _ their proposal. No action _and was taken at this time. _ The Motion was made yKen neth-_amuss�q gttcLs. that the matter of r a few days and actio fundi be g of aken_ AithinSpsek Bonds under House Bil conce i idied for ar.— passed: Bodi e, yea; Navarro, yea; Rasmussen, yea; Williams, Yea. __Motion NOTICE FOR BIDS FOR: Sewer ater Rehabilitation Project Supply Wells #9 and #10 P=p aid Pum house --- - - - ------ Pha-e T_Se er nt-e-roep or - open The Bids were all received cameP.M. —Engineers, sea_le as pu is e i -No ce o Publication. The Engineer of J -U- the Mayor with the bid op ing ii Inc. proceeded to op the presence of all n the including; bids to assist - Mayor Storey, City Altorney, Cit7 Clerk, Council and 3.11 present, -- — .. T Mailropwas examined No bids were in the crop box. by Sunner Johnson of J -U -B and City Clerk. I 0 Meridian City Hall - Special Meeting .3. April 11, 1977 does not require industries to pay their fair share even under the present sewer plant. He desired permission to contact the Attorney and Engineers concerning V , his agreement and if favorable to present to the Indu�tr"es. Attest: "", Phase I Interceptor bids were first opened: Galey Construction Company, Boise, ID. . . . $ 149,207.50 Gell Shunn C n Oregon 1 6 40 00 H & H Construction I c., Idaho Falls . . . . 129,145.00 McGregQr Utilitr Con tructan 135,860.50 Sommer Construction, Inc. . . . . . . . . . . . 1621861.35 Quinn Robbins Company, Boise . . . . . The Motion was made by Marvin Bodine and seconded by . 108 898.10 Cenne:h Rasmussen Engineers, Inc. for heck' g and to submit their reco mend tions later to Motion Passed: Bodi , yes, Navarro, Yea; Rasmussen, Willi s, yea. 4' Domestic Water Suppl Wells #9 and #10 Pump and Pumph use ere next opened. Riha Constructi nCompany, Boise $ 139,731.00 - — �Wa ins ons ru ion, 0 s.. . . . . . , 40v. 00 c + McGregor Utilit es C struc ion•Co., Inc.. 147,686.00 A ti' Engineers estimate $120,859-52 m r--- The Motion was madey M7in Bodine and seconded by erne h Ras ussen that too a hese bids for Pump Ind PTphouse Well #9 and 0 be ^e erred o e Engineers 'ti o for evaluation and r commemdati s be made to the Cou cil n the near future. H b Motion passed: Bodine, yea; Navarro, Yea; Rasmussen, Yea; Williams, Yea. n tatiom of eTSiar Rehabil 'nes were next opened. — w _ Gelco Grouting- Service, S- ing Machi Oregon . . . . . . . .-.06,581• a 0.0 o Rodding and Cle s, Inc., Los Angeles 199,400.00 a�xa o V Mr. Leonard Lewis of Gelco Grouting Service posed the ques ion about Unit price o o N provision under the id. is is to be looked into by, the Engineer and Cit m 1 q Attorney. A a d The Motion was made y Ric and 'lliams and seconded y Join Navarro that DO eon m these Bids for Sewer Rehabilitation are to be taken uider idvisement by the cEngineer for evaluation and to the City Attorney for Legal decision then recommendation be mace to th_e_— —cil concerning a ce Ltance of successful 0 0 o bidder. > ov d v Motion passed: Bodine, yea, Navarro, yea; Rasmu sen „ yea; Williams, yea. 4.4 o 0 -P The Mayor announced meeting with Mike Preston and Jim ler P operty owner 0m - — and T �Bgineers onda , Aprilt , to discuss t ch ge in plan- ani— a whether the City desired to participate. There is some change in plan and m - - decision nee�cs t be made as to h -et er�his shou g ac o e U.,— K Planning and Zoning. m- ; — The LDS Property water -Hia line will be discussed Monday; also — the park grading o „ o eria.L W111 be discusse . 9�j x > o M 1 Richard Shults, SewerSupervisor, brought up the afire ment for tie Industrial — user -T fair ski e se. his i based on suspended P olid and r anic loam B ti o�,d W, ti o There are four Industries that ed to be monitored two ( ) ire uentl and _ two 72 infrequently and minor industries The frequent- users should ave ow meters and some method of s lin . O These industries wil _ be volve in the 0& M of the new lent well as plant de City does not require industries to pay their fair share even under the present sewer plant. He desired permission to contact the Attorney and Engineers concerning V , his agreement and if favorable to present to the Indu�tr"es. Attest: "", �, ] 0, tAD� ADMiN;STP.ATIVF OFFICE April 7, 1977 The Honorable Don M. Storey, Mayor City of Meridian 728 Meridian Street Meridian, Idaho 53642 Re: $2,325,000 Water & Sewer Revenue Bonds Dear Mayor Storey: As indicated in yesterday's phone conversation and in earlier correspondence, it was pleasing to have a successful endorsement by the Legislature of the Advance Refunding Legislation. In introducing that legislation, I had in mind it mould be of same benefit to your City in the form of a significant interest savings resulting fram the strong current bond market and I do heartily endorse your reviewing the prospect of advance refunding of the referenced bond issue. As there may be a conflict of interest: with regard to our acting as year advance refunding financial consult because of Mr. Williams' participation on your City Council, I. am happy to endorse the employment of Bosworth & Sullivan. I will. be Lvall- able at your call to aid in the final determinations of a profit- able advance refunding procedure without a financial commitment on behalf of. the Qty. Additionally, we will be prepared to p"o W the necessary :info;nxati_onfor the needed trusteeship. Rindest personal regards, .T, Rih M9.chels, V�i.ce President Tluni_cipal Financing & Investments jRy °mah THE IDAHO HIRY NATIONAL BANK P.O. BOX 8247 BOISE, IDAHO 83707 � NERIDAN WATER & SEWER REVENUE - SERIES 1O/O1/75`~ EXISTING DELIVERY DATE 04/01/7 DATE PRINCIPAL O4/O1/77 10/01/77 25,O00 O4/01/78 10/01/78 25,O00 O4/O1/79 10/01/79 25POOO O4/O1/8O 10/01/80 30,OOO O4/O1/G1 10/01/81 30,O00 O4/O1/32 10/01/82 35/OOO O4/O1/83 1O/O1/83 35,OoO O4/O1/G4 1O/31/34 40,OoO O4/O1/B5 10/01/85 40,O00 O4/01/86 10/01/86 45,O00 04/01/87 10/01/87 50`OOO O4/O1/88 10/01/88 55,O00 O4/O1/89 10/01/89 3s,OOO O4/O1/9O 10/01190 65,000 O4/O1/91 10/01/91 65,OOO O4/01/92 10/01/92 70,000 O4/O1/?3 10/01/93 8OpOOO O4/O1/94 10/01/94 8O,OOO O4/O1/95 10/01/95 90,OOO O4/O1/96 10/01/96 95,O00 O4/31/97 10/01/97 1O5,OOO 04/O1/98 10/01/98 115,oOO O4/O1/99 10/01/99 120,O00 04/O1/00 10/01/00 130yOOO 04/01/O1 10/01/01 140/OOO O4/O1/O2 10/01/02 150,OOO O4/O1/O3 10/01/03 165/OOO O4/O1/O4 10/01/04 175,OOO O4/01/O5 10/01!05 190,000 RATE lNTEKE3T 7^OOO 7^000 7,000 7.000 7^OOO 7^OOO 7.000 7.000 7050 7,400 7`4OO 7^4O0 7.600 7^6OO 7^6OO 7.600 7^6O0 7^75O 7^75O 7.750 7.750 7.750 7.750 TOTAL 2,325,O00 ACCRUED FROM 04/01/77 NET COST AVERAGE COUPON 7^593 BOND YEARS 15/O62^500 AVERAGE LIFE 19,382 CALL PRICE 100000 O^00 G7/O53.73 86/178^75 96,178^75 B5,303^75 95,3O3^75 80428.75 94,42n^75 83/378^75 93,37G,75 82,328^75 029328.75 81,1O3^75 K,103^75 79,SIB. 73 7??G7G.75 7%478^75 7B/478^75 77,O78^75 77,O78^75 75,5O3.75 75,503^75 73,753,75 73,753,75 71/928,75 71yq28^75 69,9O3^75 69Y903.75 67,628^75 6702805 65/272.50 65,272^5O 60682^50 62P6305O 59,722^50 59,722^5O 56062^5O 50762.5O 53Y342.5O 53,342.5O 49,732^5O 49,732.50 45,742^5O 45974200 41.372,50 41,372'5O 36,912^5O 36,812^5o 31,775^OO 31,775^OO 26,35O^OO 26,35O^OO 2O,537'5O 2O/537^5O 14,143,75 1,143,73 7,362,5O 7,362.50 0423/831,25 0^OO 3,423,P31^25 ANNUAL 112,O53^75 197057,50 195,6O7,5O 198,G57^5O 196,757^5O 19;,657^5O 197,207,50 197,757^5O 196,957^5O 19015700 2O1,OO7.50 2O2Y5O7^5O 198'A57`50 2O4,8O7,5O 2OO,257,5O 2OOv545^0O 2O5,365^OO 19p,445^0O 2O3v525,0O 200685^OO 2O4,465^OO 2O6,485,0O 2O2,745^OO 2O3,625~OO 2O3,55O^OO 2O2/7OO.0O 2O6,O75^OO 2O3,287^50 2O4,725^O3 5,748/831,23 O^OO 5,71B,831^25 ESCROW 110053,75 O6,178^75 111,179^75 G5/303,75 11O,3O3^75 84,42B^75 114,428^75 83,37J^75 113,37B`75 G2,32G^75 117,328.75 Bl,1O3,75 1i&1O3,75 79,97B^75 11?,G7B^75 7B,47B^75 0249,O78,75 3/815,S13,/5 ~ MERIDAN WATER & SEWER REVENUE - SERIES PROJrEC-rE.DF7E�F'UNDINS DELIVERY DATE 04/01/77 DATE PRINCIPAL RATE INTEREST ANNUAL REFUNDED CHAME 04/01/77 ,^^ 10/01/77 50,OOO 5.000 74,569 124,569 112,O54 12,51','.'.- 2,515O4/O1/7B 04101170 73/319 10/01/78 50,000 0000 73019 196,637 197,357 -720 04/01/79 72PO69 13/01/79 55YOOO 5^O00 72,O69 199,137 195,607 3,50) 04/01/80 70,694 10/01/80 60/OOO 5^000 7O/694 200387 19G/857 2,530 04/01/81 69P194 10/01/81 60`O00 5,000 69/194 198r387 196,757 1,630 04/01/82 67094 10/01/82 65,000 5^000 67094 20O/337 199,657 73O 04/01/83 66,069 10/01/83 65,OOO 5.00O 66,O69 197,137 197/207 -70 04/01/84 64/444 10/01/84 70,O00 5^000 64,444 19:,GG7 199Y757 -870 04/01/85 629694 10/01/85 75,O00 5.000 62v694 200387 1969957 3/43O 04/01/86 60,819 10/01/86 75.000 5^000 60,819 196,637 199,157 -2,52O 04/01/87 58,944 10/01/87 8O,OOO 5^000 58,944 197P087 201/O07 -3,120 04/01/88 56/944 1O/01/88 85/OOO 5^500 56Y944 19Gv887 202P507 -0620 04/01/89 50606 10/01/89 90,OOO 5,5OO 54,606 199/212 190657 555 04/01/90 52,131 10/01/90 95vOOO 5.500 52,131 199,262 204YB07 -5y545 04/01/91 49,519 10/01/91 1OO,OoO 5^5O0 49,519 199,037 20O,257 -1/220 04/01/92 46,769 10/01/92 105,OOO 5^500 46/769 198,537 200545 -2,OO7 04/01/93 43/881 10/01/93 110yOOO 5.500 43,881 197,762 205P365 -0602 04/01/94 40/856 10/01/94 115YO00 6^000 4O,856 196,712 199,445 -2032 04/01/95 37/406 10/01/95 125,O00 6`000 37,406 199,812 203,525 -3/712 O4/O1/96 33/656 10/01196 130,OOO 6^000 33,656 197,312 201,685 -4,i72 04/01/97 29,756 10/01/97 140,O00 6'000 29,756 199/512 204/465 -0952 04/01/98 25,556 10/01/98 15O,OOO 6^000 25,556 201,112 206,485 -3,372 04/01/99 20056 10/01/99 155,O00 KOSO 21YO56 197,112 202,745 -5,632 04/01/00 16,406 10/01/00 165,OOO 6^250 16,406 197,8/2 203,625 -0812 04/01/01 1025O 10/01/01 175,OOO 6^250 11,250 197,500 200550 -6,050 04/01/02 07811. 10/01/02 185,COO 6,250 0781 196,562 202,700 -6,137 O4/01/O3 1O/O1/O3 ',. 206,O75 -206,O75 O4/01/O4 1O/O1/O42 O4/O1/O5 03,28/ -203,287 10/01/05 .., 204,725 -204,725 TOTAL 2,630,O00 2/457094 5/O87/594 5v748,831 -661,237 ACCRUED 0 O 0 NET COST 2,457,594 5,087,594 074o,831 AVERAGE COUPON 5^877 BOND YEARS 40815^000 AVERAGE LIFE 15^899 SMITH, BAILEY & HANSON 46 013 - 1^n1 AVI-NUIC SOUTH - P_ O. HOX 076 NAMPA, IDAI10 03651 TL4 r.PtutNu (snnl 41.13-e493 cOLAND J. SMITH, c.r.A. OAMU5 T. uAILEY. C.!'.A. r_NV,jOND L. IIANSON, c. r.n. April 1J_, 197/ The Mayor and City Council city of Meridian ?Vridinn, Tdaho Gentlemen: .1M 04FICC. IDAHO D!11LDING POSE,!"NO TF-LEPHONc 18001 544-7000 Car exnmination of the financial statement, of the city of Meridian for the vear endnd Dcremher 31, 1976, included a review of internal controls and arconr.f it,, , repot I-. i ng and mans{ unw[A procedure This letter t 1 p, csont r, our comments and recomwndatio ; concerning those miIter, which we Do! leve merit- }rear coneideral-ion. 1hune comwcnts and recommendations are submirved o assfsf Cho Navor And (itv Council and o. ch departm'nr. in rmproving Pro^ ced.tes and est ut !tewng controls. "Pvv are not intended to cf"r On the honesty or i.nte,riry of anv vaplovuP.. City Clerk The City cleric appears to he tar to accessible to the public in his present location. Because of his acce.ssihility an i-ncreasi_ng load has been placed upon him. Thi; increased burden has resulted in the General LNger not rein; posted uo to da'._a and financial_ tatewants net being prePnied each ^onth. Board MJ.nutn❑ In reviewing the minutes of the board meetings it was noted that several of the monthly meeting minutes clone unsigned- Time at a future meeting should be taken VO sign these minutca. Account Reccivrlhle n11]ilels The rapid growth of the water and sewer usage has created a great burden upon the city, 1, bl_J1ing and receiving fund;. The anticipated. Future growth should be planned for now and steps Olken in the near future to prepare for the ac- counting needs that will he arising. We shall be very happy Lc assist in any wnv tin, can io help case this burden. Very truJ_v your;, /�y tMITll, JlULEY,N IJANSS, CIOs W.Nn--01 A.�.-r b w -h o/ Whfl-1 -- "" """" Sulhfy "f (" i,f,,d Nil,, Aocoun 61411 1 • • CITY OF MERIDIAN, IDAHO REPORT -ON -EXAMINATION OF FINANCIAL S'T'ATEMENTS POR THE YEAR ENDI'D immimirR 3L, 1976 SMITH, BAILEY & HANSON Crrtiflyd Publi, Arrnuntunt, 0 TABLE OF CONTE= PaF,e Accountants' Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Fund Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Statement of Revenue & Expenditures - General . . . . . . . . . . . . . . 3-4 Statement of Revenue & Expenditures - Fire Department . . . . . . . . . . . Statement of Revenue & Expenditures - Recreation . . . . . . . . . . . . . Statement of Revenue and Expenditures - Water and Sewer Enterprise Fund . Changes in Fund Balance & Retained Earnings . . . . . . . . . . . . . Changes in Financial Position - Water and Sewer Enterprise Fund . . . . . . Notes to the Financial Statements . . . . . . . . . . . . . . . . . . . . . General Fixed Asset Group of Accounts . . . . . . . . . . . . . SMITH, BAILEY & HANSON CerNfi,d 11ubin Artoui�fonfi 5 6 7 8 9 10-13 14 SMITH, BAILEY &q HANSON eE,I.�I:Ea ��r,rr« c/cco,.rc�n,d, 812 - 12TH AVENUE SOUTH — P. O. BOX 876 NAMPA. IDAHO 83651 TELEPHONE (208) 466-2493 ROLAND J. SMITH, C.P.A. DARIUS T. BAILEY, C.P.A. RAYMOND L. HANSON, c. P.A. Honorable Mayor and City Council City of Meridian, Idaho POISE 01FI E IDAHO BUILDING BOISE. IDAHO TELEPHONE (208) 344-79190 We have examined the financial statements of the various funds and account groups of the City of Meridian for the year ended Ik•.cember 31, 1976, listed in the foregoing table of contents. Our examination was made in accordance with generally accepted auditing standards and ex- cept as to general fixed asset group of accounts, included such tests of the accounting records and such other auditing procedures as we con- sidered necessary in the circumstances. The City has not maintained individual records of its generalfixed assets. Because we were unable to satisfy ourselves by appropriate audit tests or by other means as a result of such incomplete records, we are unable to express an opinion on the accompanying financial. state- ments of the general fixed assets. In our opinion, the financial statements listed in the foregoing table ' of contents, other than the financial statements of the general fixed assets, present fairly the financial position of the various funds and account groups of the City of Meridian at December 31, 1976, and the re - suits of operation of such funds for the year then ended, in conformity with generally accepted accounting principles applied on a basis consis- tent with that of the preceding year. SMITH, BAILEY & HAIdSON, CPAs Nampa, Idaho March 18, 1.977 Page -1- INemhrri—Th, Amrrir,n louilnlr of Crrliflyd Arrm,,dan8 — 7 hr Idblm Sourly of Cnlifird PoNt, Arrorrnlonl, 0 CITY OF MERIDIAN, IDAHO FUND BALANCE SHEETS DECEMBER 31, 1976 0 General ASSETS Fund Cash $ 86,393 Cash - Special in Depository (Note 2) Investments and Securities (Note 3) Taxes Receivable - Net (Note 4) 170,108 Interest Receivable Accounts Receivable 10,286 Customer Accounts Receivable Collection Fee Receivable (Note 1,501 Due from Fire Department Fund 6,000 Due from Enterprise Fund 5,000 Total Current Assets $ 279,288 Fixed Assets - Sewer (Note 6) Land Wells and Water Lines Construction in Progress (Note 7) Total Assets $279,288 LIABILITIES AND EQUITY Liabilities: Accounts Payable $ 754 Bond Interest Payable Current Bonds Payable Due to General Fund Garbage Collections Payable 15,008 Total Current Liabilities $ 15,762 Bonds Payable (Note 8) Total Liabilities $ 15,762 Equity: Fund Balance 263,526 Retained Earnings - Unrestricted Retained Earnings - Restricted for Pond Redemption (Note 9) Total Liabilities and Equity $ 279,288 The accompanying notes are an integral part of these statements. SMITH. BAILEY & HANSON Cnlif,,d PW,, A,,,,unlGW, 0 Fire 1955 Bond Department Recreation Redemption Fund Fund Fund $ 1,847 $ 1,576 $ 490 10,000 11,338 17,015 500 1,050 $ 14,235 $ 29,091 $ 490 $ 14,235 $ 29,091 $ 490 $ 128 $ 490 6,000 $ 6,128 $ $ 490 $ 6,128 $ $ 490 8,10/ 29,091 5 29.091 S 0 SMITH, BAILEY & HANSON Cnlif&J Public A,ca.nlaih Water - Sewer Enterprise Fund $ 240,407 100,483 1,740,000 9,917 25,083 $2,115,890 193,495 105,000 116,232 382,671 $2,913.288 $ 416 25,000 5,000 $ 30,416 2,300,000 $2,330.416 242,389 340,483 S2,913,288 Page -2- 0 CITY OF MERIDIAN, IDAIIO STATEMENT OF REVENUE AND EXPENDITURES GENERAL 'FUND FOR THE YEAR P;NDED DECEMBER 31, 1976 0 The accompanying notes are an integral part of these statements. Page -3- SMITH, BAILEY & HANSON Crrti)irJ Pu(!ir A%ruunfon/. Over (Under) Budget Actual Budget Revenue: Taxes $ 173,000 $ 183,029 $ 10,029 Licenses and Permits 46,430 53,635 7,205 Federal Shared Revenue 28,086 27,047 (1,039) Law Enforcement - School Patrol 6,824 6,824 Liquor Apportionment 20,000 21,083 1,083 Court Revenue 15,000 19,653 4,653 Sales Tax 5,000 10,1.32 5,132 Ada County Fees 18,000 26,3uu 8,300 Garbage and Refuse Collection 7,000 9,186 2,186 Interest 1,600 81594 6,994 Miscellaneous 9,000 8,974 (26) Refunds and Reimbursements 6,000 9,031 3,031 Total Revenue $ 335,940 $ 383,488 $ 47,548 Expenditures: City Council $ 12,000 $ 12,000 Administrative Expense 25,000 23,070 1,930 Office Expense 3,000 2,319 681 Elections 1,000 1,000 FICA Expense 8,000 7,262 738 Other Salaries 20,000 13,438 6,562 Office Equipment 1,000 1,000 Employee Benefits 14,600 14,729 (129) Legal Fees 10,000 6,672 3,328 Other General Government 7,500 61788 712 Printing 4,000 1,865 2,135 General Government Building 17,280 11,115 6,165 Administration Office - Police 16,500 16,232 268 Police - Patrolman 48,620 44,414 4,206 Police - Office 4,000 2,241 1,759 Police - Jail Expense 500 317 183 Police - Traffic Control. 25,000 20,805 4,195 Police - Telephone 1,200 1,006 194 Police - ConununicaLiOtis 1,700 950 750 Police - Personnel Training 10,150 3,385 6,765 The accompanying notes are an integral part of these statements. Page -3- SMITH, BAILEY & HANSON Crrti)irJ Pu(!ir A%ruunfon/. CITY OF MERIDIAN, IDAHO STATEMENT OF REVENUE AND EXPENDITURES GENERAL FUND FOR THE YEAR ENDED DEC1,7,TBER 311 1976 (continued) Expenditures: Police - School Patrol Police - Equipment - School Patrol Building Inspections Electrical Inspections Emergency Service - Civil Defense Animal Control and Shelter Street Lighting Public Works Administration Public Works Engineering Trash Disposal Other Governmental Functions Capital Outlay Total Excess of Revenues over Expenditures $ (14,816) L_2 6,666 $ 3,_14 The accompanying notes are an integral part of these statements. Page -4- SMITH, BAILEY & HANSON Cerlifird Public A,c..Wanh Over (Under) Budget Actual Budgc-c 10,000 10,403 (403) 500 220 280 12,500 15,115 (2,(,15) 15,000 14,175 825 500 00 3,300 3,206 94 16,000 13,793 2,207 2,000 2,(,00 6,000 5,824 176 6,000 51618 382 40,906 45,133 (4,227) 7,000 4,727 2,.'73 $ 350,756 $ 306,822 $ 43,!34 $ (14,816) L_2 6,666 $ 3,_14 The accompanying notes are an integral part of these statements. Page -4- SMITH, BAILEY & HANSON Cerlifird Public A,c..Wanh • CITY OF MERIDIAN, IDAHO STAT''MENP OF REVENUE AND EXPENDITURES FIRE DEPARTMENT FUND FOR TIE YEAR ENDED DECEMBER 31, 1976 • The accomoany;.n:' not, --s are anintegral part of these statements. Page 5 - Cu-tifird !':r51io P_n�w%nlarid Over (Under) Budget Actual Budget Revenue Taxes $ 10,750 $ 11,390 $ 640 Sales Taxes 400 675 275 Rural and Miscellaneous 4,510 18,924 14,414 Total Revenue $ 15,660 $ 30,989 $ 15,329 Expenditures Employee Benefits $ 3,200 $ 2,358 $ 842 Fire Control and Prevention 14,295 33,206 18,911 17,495 $ 35,564 $ 18,069 Excess (Deficiency) of Revenue Over Expenditures $ (1,835) $ (4,575) $ (2,740) The accomoany;.n:' not, --s are anintegral part of these statements. Page 5 - Cu-tifird !':r51io P_n�w%nlarid r� u CITY OF MERIDIAN, IDAHO STATEMENT OF REVENUE AND EXPENDITURES RECREATION FUND FOR THE YEAR ENDED DECEMBER 31, 1976 Revenue Taxes Sales Taxes Recreation Programs Total Revenue Expenditures Employee Benefits Grounds and Maintenance Improvement and Construction Recreation Programs Capital Outlay tevenue Over 0 ?anying notes are an integral part of these statements. SMITH. BAiLFY IN HANSON Certified Public A,,ounta.h Page -6- Over (Under) Budget Actual Budget $ 16,250 $ 17,087 $ (837) 600 1,013 (413) 46,615 6,790 39,825 $ 63,465 $ 24,890 $ 38,575 $ 800 $ 523 $ 277 5,000 51143 (143) 3,000 10,942 (7,942) 6,044 5,780 264 58,915 9,842 49,073 73,759 $ 32,230 $ 41,529 $ (10,294) $ (7,340)$ (2,954) ?anying notes are an integral part of these statements. SMITH. BAiLFY IN HANSON Certified Public A,,ounta.h Page -6- 0 0 CITY OF MERIDIAN, IDAHO WATER AND SEWER ENTERPRISE FUND STATEMENT OF REV''NUP: AND EXPENDITURES FOR TIIF. YEAR ENDED DECEMBER 31, 1976 Operating Expenses before Depreciation: Employee Benefits -0- 386,370 Over Investment Service Charge - Reserve 9,396 1,804 (Under) - Water Budget Actual Budget Operating Revenues: 1,457 Administration and General - Sewer Metered Water Sales $ 135,000 $ 167,156 $ 32,156 Hook-up Fees - Water 40,000 56,000 16,000 Meter and Equipment Sales 40,000 24,083 (15,917) Sewer Service Charges 68,000 89,135 21,135 Hook-up Fees - Sewer 56,000 80,170 24,170 Total Operating Revenues . 339,000 $ 416,544 $ 77,544 Operating Expenses before Depreciation: Employee Benefits -0- 386,370 11,200 Investment Service Charge - Reserve 9,396 1,804 Administration and General - Water $ -0- 25,000 $(386,816) 23,543 1,457 Administration and General - Sewer The accompanying notes are an 15,000 of these statements. 14,099 901 Pumping and Lift Stations - Water Page -7- 11,000 11,650 (650) Pumping and Lift. Stations - Sewer 2,000 11954 46 Surface Pumps - Sewer 5,000 2,134 2,866 Water Treatment 100 267 (167) Sewer Treatment 20,000 26,778 (6,778) Customer Accounts - Water 50,614 36,806 13,808 Customer Accounts - Sewer 2,500 10,403 (7,903) Total Operating Expenses before Depreciation $ 142,414 $ 137,030 $ 5,384 Net Operating Income before Depreciation $ 196,586 $ 279,514 $ 82,928 Less: Depreciation -0- 17,829 (17,829) Net Operating Income $ 196,586 $ 261,685 $ 65,099 Non -Operating Income: Interest 5,500 111,133 105,633 Total Income $ 202,086 $ 372,818 $ 170,732 Non -Operating Expenses Interest Expense - Revenue Bonds -0- 386,370 (386,370) Investment Service Charge - Reserve -0- 446 (446) Total Non -Operating Expenses $ -0- $ 386,816 $(386,816) Net Loss to Retained Earnings $ 202,086 �_1( 3,998) $(216,084) The accompanying notes are an integral part of these statements. Page -7- SMITW. BAILEY ft HANSON 0 CITY OF MERIDIAN, IDAHO 0 STATEMENT OF CHANGES IN FUND BALANCE AND RETAINED EARNINGS FOR THE YEAR ENDED DECEMBER 31, 1976 Fire Water -Sewer General Department Recreation Enterprise Fund Fund Fund Fund Balance at December 31, 1975 $ 186,638 $ 12,668. $ 35,910 $ 389,553 Additions: Excess of Revenue Over Expenditures 76,664 Prior Period Adjustments (Note 10) 224 15 22 Addition of Fixed Assets Less: Depreciation (Note 6) 207,316 Deletions: Excess of Expenditures Over Revenue (4,576) (6,841) (13,997) Balance at December 31, 1976 $ 263,526 $ 8,107 $ 29,091 $ 582,872 The accompanying notes are an integral part of these statements. Page -8- SMITH. BAILEY & HANSON Cerf,fW Pubhr Aernunfan4 r1 CITY OF MERIDIAN, IDAHO STATEMENT OF CHANGES IN FINANCIAL POSITION WATER -SEWER ENTERPRISE FUND FOR THE YEAR ENDED DECEMBER 31, 1976 Working Capital - December 31, 1975 $ 2,303,456 Funds Provided: Depreciation $ 17,829 Transfer in of Fixed Assets 207,316 $ 225,145 Total Funds Provided $ 225,145 Funds Applied: Net Loss $ 13,997 Increase in Fixed Assets 404,130 Increase in Bonds Payable 25,000 $ 443,127 Total Funds Applied $ 443,127 Decrease in Working Capital $ (217,982) Working Capital - December 31, 1976 $ 2,085,474 T!,e Change in Working Capital Consists of: Current Assets: Cash $ 207,814 Investments and Securities (417,429) Accounts Receivable 16,715 Change in Current Assets $ (192,900) Current Liabilities Accounts Payable $ 82 Bonds Payable 25,000 Change in Current Liabilities 25,082 Decrease in Working Capital $ (217,982) The accompanying notes are an integral part of these statements. Page -9- SWtlTK. SA.LEY &':1AFVSON C,,k".,d ?,blie ho: oxnimJ� 0 CITY OF MERIDIAN, IDAHO NO1'I:S TO THE FINANCIAL STATEMENTS DECEMBER 31, 1976 Note 1 Summary of Significant Accounting Policies (1) The City maintains its financial records on a cash basis adjusted to the accrual basis for statement purposes. (2) For all funds other than the Water -Sewer Enterprise Fund, the City expenses capital outlay at the time of payment in accordance with generally accepted fund accounting princi- ples but does not maintain detailed property records. (3) The City has no inventories of material amount and there- fore expenses the cost at the time of purchase as allowed by generally accepted fund accounting principles. Note 2 Cash in Depository On ,lune 1, 1975 the City "called" all 1955 Water -Sewer Bonds still outstanding. At December 31, 1976, coupons for $ 490 had not been redeemed. Therefore, the City reserved $ 490 with Idaho First National Bank for the redemption of this interest. Furthermore, pursuant to tl.e 1975 Water -Sewer Bond issue the City was required to establish certain bank accounts and segre- gate certain amounts of cash periodically. For further discus- sion see Note 8 below. Note 3 Investments and Securities The City has a total of $ 1,750,000 of time certificates and government obligations of which $ 10,000 is applicable to the Recreation Fund and the balance to the Water -Sewer Enterprise Fund. $ 240,000 applies to bond redemption while $ 1,525,000 is invested construction money to be cashed as necessary for construction payments on the new water and sewer system. Page -10- SMITH. BAILEY & HANSON ' Crrfi/]rel YuLIIr Atsmmlanb i Note 4 Note 5 Note 6 0 CITY OF MERIDIAN, IDAHO NOTES TO THE FINANCIAL STATEMENTS DECEMB@R 31, 1976 Taxes Receivable 0 Taxes receivable at December 31, 1976 are comprised of the following: Real $ 184,038 Personal 17,446 Total $ 201,484 Less: Allowance for Collection 3,022 Net Taxes Receivable $ 198,462 The amount is spread by mill levy to the General, Fire and Recreation Fund, Collection Fee Receivable An individual hauler has contracted for the City's sanitary trash services. The City collects all customer billings for the company and in turn receives a l07. collection fee. The amount listed is for the month of December, 1976. Fixed Assets General fixed assets of $ 414,631 were transferred from general fixed assets to the Water -Sewer Enterprise Fund. Since no de- tailed records ,are kept these assets were set up with a (30) thirty year file and 15 years depreciation taken with another year of depreciation taken in 1976. Note 7 Construction in Progress The construction in progress as listed, represents engineering costs associated with the new Water -Sewer facility. Since construction is in the very early stages no attempt has been made to amortize the engineering costs. Generally accepted fund accounting principles dictate that these costs should be capital- ized and amortized over the revenue producing life of the facility. The City anticipates construction will be completed in mid 1978, and will then begin the amortization of the above costs. Page -11 - SMITH. BAILEY & HANSON Cr,lified Public A,,u.W,0, ' CITY OF MERIDIAN, IDAHO Page -12 - SMITH. BAILEY & HANSON CnI,I,,d Yubh, Arrou nlunh NOTES TO THE FINANCIAL STATEMENTS DECEMBER 31, 1976 ' Note 8 Bonds Payable ' On March 11, 1975, a majority of the qualified voters of the City of Meridian approved Ordinance # 274. The ordinance was to issue and sell revenue bonds in the amount of $ 2,325,000 ' for the purpose of providing funds with which to construct improvements and extensions to the municipal water and sewer system to be operated as a single revenue producing public ' utility. By ordinance it was required to establish cash reserves for the purpose of bond redemption to which the City has complied. ' Effective October 1, 1975, the City received the $ 2,325,000 plus accrued interest of nearly $ 24,000. Below is a schedule ' of bond redemption and the applicable interest rate: BOND NUMBERS AMOUNT YEAR INTEREST RATE 1' to 5 $ 25,000 1977 7% 6 to 10 25,000 1978 74 11 to 1.5 25,000 1979 T/ 16 to 21 30,000 1980 77. 22 to 27 30,000 1981 7% ' 28 to 34 35,000 1982 7% 35 to 41 35,000 1983 7% 42 to 49 40,000 1984 7% ' 50 to 57 40,000 1985 7`7 58 to 66 45,000 1986 7'% 67 to 76 50,000 1987 7% 77 to 87 55,000 1988 7% 88 to 98 55,000 1989 7% 99 to 111 65,000 1990 7% ' 112 to 124 65,000 1991 7.25% 125 to 138 70,000 1992 7.403k 139 to 154 80,000 1993 7.40`/ 155 to 170 80,000 1994 7.40% 171 to 188 90,000 1995 7.60'/., 189 to 207 95,000 1996 7.607. 208 to 228 105,000 1997 7.604 229 to 251 115,000 1998 7.60'/. 252 to 275 120,000 1999 7.60% ' 276 to 301 130,000 2000 7.75E 302 to 329 140,000 2001 7.757, 330 to 3.59 150,000 2002 7.75% 360 to 392 165,000 2003 7.75% 393 to 427 175,000 2004 7.75% 428 to 465 190,000 2005 7.75% $2,325,000 Page -12 - SMITH. BAILEY & HANSON CnI,I,,d Yubh, Arrou nlunh Note 9 i CITY OF MERIDIAN, IDAHO NOTES TO THE FINANCIAL STATEMENTS DECEMBER 31, 1976 Retained Earnings As required by Bond Ordinance No. 283, the City has established a bond redemption reserve with quarterly installments of at least $ 10,200 paid in until the reserve equals $ 204,000. Furthermore, the City placed in the bond redemption bank account monthly, cash equalling 1/12 of the principle and 1/6 of the interest require- ment for the next payment date. The funds held for the above stated purpose have been restricted to that use. Note 10 Prior Period Adjustments Pursuant tothe issuance of the "Audit Guide for State and Local Governmental Units" effective January 1, 1975, and the "State- ment of Position on Accrual of Revenues and Expenditures by State and Local Governmental Units" effective July 31, 1975, generally accepted fund accounting principles dictate that rev- enues applicable to the year under audit but not received until after the end of that year must be "both measurable and available in order to be accrued at year end." The amounts as listed repre- sent adjustments for revenues presented as receivable at December 31, 1975, which do not meet the criteria. SMITH. BAILEY & HANSON Cntifted Public A,caunlanls Page -13- • CITY OF MERIDIAN, IDAHO GENERAL FIXED ASSET GROUP OF ACCOUNTS DECEMBER 31, 1976 General Fixed Assets Invested in General Fixed Assets SMITH. BAILEY & HANSON Ctrfifi d Pablir A,counfand $ 379,777 $ 379,777 Page -14- ON .iJ ] u 1 ci ii 3 " 3 t4 ' , 1> to > --r a � I u I =) G �L' T �J' _~ �n� ) rjjtt —i i41 i i 1af 1, l�r ! I 1 G( r0 I n0 tiI t i1 TTI 1 �� r� m�i' �® r n 4 `` `I I rF FA t rA x7 ej ri o � �� - o o -11p_! 11 R � Uil tl II f i � 9 TC I T J J iLi—LL } Ij Ll 1 I I ) Ii -1 nT n� i i : � VVV444 ._ L_U.l..el.__LLj LLU JJJyY i l I l i l l l l l 1 l ISI T 7 � } n U ` 1 U ' SV c, C. r I � 1 i O :h! T•l ipi i� � t� �i � � i ; r• � a h i h O O O LL.il o °ci T C 4 .P I _� 'LL tj7y3 � Ygpp I 1 � n n ii =i i, c- t L T I T .�L O" CJ'= .j } n U ` 1 U ' SV c, C. r JJ J 1w I 0 10 1 J-- �_� � � �_�I � 41 L LLU L 33 —Ju i L L, IL —j— —LL U 1 T 1977-78 SEWERAGE PROJECT CITY OF MERIDIAN, ADA COUNTY, IDAHO PHASE I INTERCEPTOR SEWER LINE CONSTRUCTION EDA PROJECT NO. 07-01-01600 ADVERTISEMENT FOR BIDS 'Separate sealed Bids for Interceptor Sewer Line Construction for the 1977-78 Sewerage Project, Phase I will be received by the City of Meridian, Ada County, Idaho, at the office of the Meridian City Hall located at 728 MeridianStreet, until S :C>0 o'clock p.m.; M.S.T., A pp,1L // 1977, and then at said office publicly opened and read aloud. The work contemplated under this Project can be summarized as consisting of the following approximate quantities to be Constructed: I 65 Linear feet of eighteen (18) inch diameter sewer line. 1400 Linear feet of fifteen (15) inch diameter sewer line. 40 Linear feet of ten (10) inch diameter sewer line. 5100 Linear feet of eight (8) inch diameter sewer line. 600 Linear feet of four (4) inch diameter sewer service line. 20 Each four (4) inch diameter sewer. -service connection. 17 Each of standard manholes. ;I 1 Each of drop manhole. 1 Each connection to existing eight (8) inch diameter sewer line. 1 Each connection to existing manhole. and all other related work. The Contract Documents, consisting of the Advertisement for Bids, Information for Bidders, Bid, Bid Bond, Contract, Performance Bond, Payment Bond, Notice of Award, Notice to Proceed, General Conditions, Supplemental General Conditions, Technical Specifications, Addenda, and Plans may be examined at the following locations: Meridian City Hall, 728 Meridian Street, Meridian, Idaho Associated General Contractors, 110 North 27th, Boise, Idaho J -U -B ENGINEERS, Inc., 212 Tenth Avenue South, ;Tampa, Idaho J -U -B ENGINEERS, Inc., 5903 Franklin Road, Boise, Idaho Copies of the Contract Documents may be obtained at the offices of J -U -B upon payment of Thirty Dollars ($30.00) for each set. Any unsuccessful Bidder, upon returning such set within thirty (30) days after the date of Bid opening and in good condition, will be refunded his pay- ment, and any Non -Bidder upon so returning such a set will be refunded Fifteen Dollars ($15.00) The City of Meridian reserves the right -to waive any informalities or to reject any or all Bids. -1- e Each Bidder must deposit with his Bid, security in the amount, form, and subject to the conditions provided in the Information for Bidders. Attention of Bidders is particularly called to the requirements as to con- ditions of employment to be observed and minimum wage rates to be paid under the ' Contract. No Bidder may withdraw his Bid within thirty (30) days after the actual date of the opening thereof. Dated this % day of i4' 1977. THE OWNER Don M. Storey, Mayor City of Meridian, Idaho -2- 1977 SEWER REHABILITATION PROJECT CITY OF MERIDIAN, ADA COUNTY, IDAHO ADVERTISEMENT FOR BIDS Separate sealed Bids for the 1977 Sewer Rehabilitation Project will be received by the City of Meridian, Ada County, Idaho, at the City Hall, 728 Meridian Street, Meridian, Idaho, until 8:00 o'clock p.m., MST, A pRi4� </1 . 1977, and Chen publicly opened and read aloud. The 1977 Sewer Rehabilitation Project consists of the following approxi- mate quantities of work: 20,100 linear feet of eight (8) inch sewer line cleaning, pressure test- ing and sealing 1,340 linear feet of ten (10) inch sewer line cleaning, pressure test- ing and sealing 4,540 linear feet of twelve (12) inch sewer line cleaning, pressure testing and sealing 50745 linear feet of eighteen (18) inch sewer line cleaning, pressure testing and sealing 35 each sewer manhole sealing 13 each sewer manhole cover raising 1 each sewer manhole cover replacement 186 each sewer service connection replacement 91 each sewer service line replacement 91 each sewer service line flow measurement monitoring and inspection stand -pipes 3,500 linear feet of television inspection of sewer lines weir measurements for flow verification and all other related work. The Information for Bidders, Form of Bid, Form of Agreement, Drawings, Specifications, and other Contract Documents may be examined at the following offices: Meridian City Hall, 728 Meridian Street, Meridian, Idaho Associated General Contractors, 110 North 27th, Boise, Idaho J -U -B ENGINEERS, Inc., 212 Tenth Avenue South, Nampa, Idaho J -U -B ENGINEERS, Inc., 5903 Franklin Road, Boise, Idaho Copies may be obtained at the offices of J -U -B ENGINEERS, Inc., upon pay- ment of Twenty Dollars ($20.00) per set. Payment is to be made to J -U -B ENGINEERS,; Inc. Any unsuccessful Bidder, upon returning such set within thirty (30) days after the Bid opening and in good condition, will be refunded his 'payment, and any Non -Bidder upon so returning such a ser will be refunded Ten Dollars ($10.00). P< The City of Meridian reserves the right to waive any informalitites or to reject any or all Bids. Each Bidder must deposit with his Bid, security in the amount, fora and subject to the conditions provided in the Information for Bidders. Attention of Bidders is particularly called to the requirements as to conditions of employment to be observed and minimum wage rates to be paid. fi No Bidder may withdraw his Bid within sixty (60) days after the actual date of the opening thereof. CITY OF MERIDIAN 7 Date Don M. Storey, Mayor 1 ✓T �sE X11 - ��✓2 SVA -2- VlJLGEy /Y�w5 i.I7b3 T tt' 1977 DOMESTIC WATER SUPPLY WELLS NO. 9 AND 10 PUMP AND PUMPHOUSE CONSTRUCTION PROJECT CITY OF MERIDIAN, ADA COUNTY, IDAHO EDA PROJECT NO. 07-01-01600 ADVERTISEMENT FOR BIDS Separate sealed Bids for the 1977 Domestic Water Supply Wells No. 9 and 10 Pump and Pumphouse Construction Project will be received by the City; of Meridian Ada County, Idaho, at the Meridian City Hall located at 728 Meridian Street, until 8:00 o'clock p.m., M.S.T., Na,g,u 11 , 1977, and then at said office publicly opened and read aloud. The work contemplated under this Project can be summarized as consisting of the following approximate quantities to be constructed: Two (2) wood frame pumphouse buildings (approximately 190 square feet each). Furnishing and installing two (2) water lubricated deep well turbine pumps, motors, column assemblies, suction nozzles and bowl assemblies (approximately 1,000'gpm capacity each). Furnishing and "installing face piping for each pumping facility. Furnishing and installing yard piping for each pumping facility. Site work including leveling, graveling, asphalting, and curb and gutter. Electrical work including modifications of existing pump controls, installa- tion of new pump controls, pump hookup, installation of floats and controls at the elevated storage tank, miscellaneous heating and lighting, and a new >: - central pump control system. and all other related work. The Contract Documents, consisting of the Advertisement for Bids,In€orma- tion for Bidders, Bid, Bid Bond, Contract, Performance Bond, Payment Bond, Notice of Award, Notice to Proceed, General Conditions, Supplemental General Conditions, Technical Specifications, Addenda, and Plans may be examined at the following locations:' Meridian City Hall, 728 Meridian Street, Meridian, Idaho _ ,Associated General Contractors, 110 North 27th, Boise, Idaho J-V-B ENGINEERS, Inc., 212 Tenth Avenue South, Nampa, Idaho J-U-B ENGINEERS, Inc., 5903 Franklin Road, Boise, Idaho Copies may be obtained at the office of J-U-B ENGINEERS, Inc., located at 212 Tenth Avenue South, Nampa, upon payment of Twenty Dollars ($20.00) for each set. , i_ Any unsuccessful Bidder, upon returning such set within thirty (30) days and in good conditions, will be refunded his payment, and any Non-Bidder upon so returning such a set will be refunded Ten Dollars ($10.00). The City of Meridian reserves the right to waive any informalities or to reject any or all Bids. Each Bidder must deposit with his Bid, security in the amount, form and subject to the conditions provided in the Information for Bidders. Attention of Bidders is particularly called to the requirements as to con- ditions of employment to be observed and minimum wage rates to be paid under the Contract. No Bidder may withdraw his Bid within thirty (30) days after the actual date of the opening thereof. Dated this day of /`!ai 1977. THE OWNER: Don M. Storey, Mayor City of Meridian, Idaho 24 i3t 7�V