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It was moved by Dr. Waltz, seconded by Mr. Scheuring, that the <br />rules of law requesting Resolution to be read on three separate occasions <br />be suspended. <br />Roll Call: Ayes - VTaltz, Endress, Scheuring, Cass & Oatess. <br />Nays - None. <br />Motion Carried <br />Rules Suspended <br />It was moved by Mr. Scheuring, seconded by Dr. Waltz, that Resolution <br />No. 22l~ be passed as read. <br />Roll Call: Ayes - Waltz, Endress, Scheuring, Cass & Oatess. <br />Nays - None. <br />Motion Carried <br />Resolution Passed <br />Mr. Edelman advised Council that it is again time to vote on a <br />depository of securities. This is done every 2 years, and it is necessary <br />to certify the estimated maximum amount of active funds for the next 2 year <br />period. <br />Dr. Waltz introduced Resolution No. 225 entitled '~A Resolution <br />Estimating the Pda,~.mum Amount of Active Deposits for the Next Two Years"' <br />which Resolution was read to Council. <br />It was moved by W.rs. Cass, seconded by IU(r. Endress, that the rules <br />of law requiring a Resolution to be read on three separate occasions be <br />suspended. <br />Roll Call: Ayes - Waltz, Endress, Scheuring, Cass & Oatess. <br />Nays - None. <br />Motion Carried <br />Rules Suspended <br />It was moved by Mr. Endress, seconded by Mr. Scheuring, that <br />Resolution No. 225 be passed as reads <br />Roll Call: Ayes - Waltz, Endress, Scheuring, Cass & Oatess. <br />Nays - None. <br />Motion Carried <br />Resolution Passed <br />Councilman ~'~altz, who is an incumbent in the Fall Election for <br />Council, reported that he is withdrawing his name from the ballot as he <br />has heard some unfavorable comments and rumors with regard to two members <br />of the same family runna.ng for election, Mr. Hodgson, who is running for <br />Mayor, is Dr. Vifaltz's son-in-].aw. <br />7s <br />