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MIN 03-02-20
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MIN 03-02-20
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4/9/2020 2:45:36 PM
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Office Of Council
Document Type
General
Date
3/2/2020
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Director of Public Works or Law Director to enter into agreements necessary to allow the <br /> Ohio Director of Transportation to complete the upgrade of guardrails on Clifton Blvd. <br /> near Lake Road in the City of Lakewood. (Referred to Public Works & Sustainability <br /> 2118120) (pg. 12) <br /> President O'Malley made a motion, seconded by Councilmember Rader to substitute <br /> Resolution 2020-14 to include exhibits provided by Public Works. <br /> A roll call vote was taken as follows: <br /> Yeas: Bullock, Kepple, Litten, Neff, O'Malley, Rader, Shachner <br /> Nays: none <br /> On the motion: Motion passed. Resolution 2020-14 was substituted. <br /> President O'Malley made a motion, seconded by Vice President Litten to adopt as substituted. <br /> A roll call vote was taken as follows: <br /> Yeas: Bullock, Kepple, Litten, Neff, O'Malley, Rader, Shachner <br /> Nays: none <br /> On the motion: Motion passed. Resolution 2020-14 was adopted as substituted. <br /> 6. Finance Committee report regarding meeting held March 2, 2020. (to be provided) <br /> Councilmember Bullock delivered the following oral report: <br /> The Finance Committee met today and all members were present. We had the Assistant <br /> Finance Director Keith Schuster with us, along with the Mayor and other members of the <br /> administration. We discussed two things. One was Ordinance 04-2020, our periodic transfers <br /> and advances ordinance. The second was a review of expenses, revenues, and healthcare <br /> claims to date. <br /> On the first matter, we simply reviewed what is a regular, periodic accounting practice <br /> ordinance. We have budgeted for the amounts in tonight's ordinance, which are $748, 357 for <br /> transfers and the reimbursement of advances of$492,000. As usual the transfers were from <br /> the General Fund to the Office ofAging. There was transfers to accountfor the hospitalization, <br /> workman's compensation portions of the court's employees. The Wastewater Treatment <br /> Improvement Fund transferred half a million dollars this quarter to the Debt Service Fund. <br /> The advances, totaling $492,000, are all reimbursements to the General Fund of funds <br /> advanced December 31 to make sure that those accounts were in the black, as required by <br /> state law. The committee unanimously recommended adoption to the full Council tonight, as <br /> we are on third reading. <br /> Secondly, we reviewed the 2020 revenues, expenses, and healthcare claims to date as a <br /> tracking procedure for the Finance Committee in partnership with the administration. This <br />
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