Special Council Meeting - 6/6/2025

​City of Colfax – Special Meeting 6/6/2025
A special meeting of the Colfax City Council was called to order by Mayor Krump at 9:30am. Present were Mayor Kyle Krump (via phone), Council Members Tom Steinolfson, Scott Gauslow, Shaun Jacobson, and Auditor Jen Skoog. Absent was Jesse Moch. Also in attendance was Amy Clark (via phone).
Krump called the meeting to order at 9:30am, and turned the meeting over to Jacobson & Steinolfson to explain the current situation with the EPAC project. The City has the option to borrow money from the #44 foundation for the short-term, allowing for immediate payment to R&R so work can resume. Interstate Engineering has verbally agreed to cover all costs relating to the borrowing of the funds, including wiring fees and lost Investment proceeds on the Foundation side. The City is currently waiting for a signed copy of the agreement between the Foundation and Interstate Engineering. There is currently not an agreement between City and IE to cover any cost of damages relating to Interstate Engineering’s professional negligence relating to the EPAC project. Further discussion was held regarding the temporary loan opportunity. Different funding options were discussed, including the possibility of taking an additional loan from BND, which has an application deadline of June 20. Concern was brought forth ensuring the foundation was aware that their money could be tied up for a long time, depending on when SRF funding is approved or secured.
Gauslow motioned to accept the promissory note between the City and the Foundation for $946,000, seconded by Steinolfson. Role Call vote: Steinolfson – yes, Gauslow – yes, Jacobson – yes.
Gauslow motoined to allow Jacobson to sign the approved promissory note due to the physical absence of Krump, seconded by Steinolfson. Role Call vote: Steinolfson – yes, Gauslow – yes, Jacobson – yes.
Estimate #3 from R&R was presented. Steinolfson motioned to approve payment of the estimate #3 from R&R of $343,232.12, providing a total amount due to-date of $946,360.53, seconded by Jacobson. Role Call vote: Steinolfson – yes, Gauslow – yes, Jacobson – yes.
Gauselow motioned to authorize Auditor Skoog to initiate a wire for the current amount owed of $946,360.53 to R&R once Foundation funds have been deposited into the City bank account, seconded by Steinolfson. Discussion was held. Role Call vote: Steinolfson – yes, Gauslow – yes, Jacobson – yes.
Steinolfson motioned to allow signing of the state revolving fund payment request, seconded by Jacobson. Role Call vote: Steinolfson – yes, Gauslow – yes, Jacobson – yes.
It was noted that the BND funds requested for $277,889.87 will be paid back to the Foundation once received.
There being no further business, Gauslow made a motion to adjourn, seconded by Steinolfson.  Carried. Adjourned at 10:27am.