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Minutes of the Regular Meeting of Council <br />Monday, June 20, 2011 <br />Page 9 <br />. Motion to authorize going out to bid for the 2011 Street Striping Program. <br />Mr. Saponaro, seconded by Mrs. Cinco, made a motion to authorize going out to bid for the 2011 <br />Street Striping Program. <br />Council President Buckholtz asked if there was any discussion. There was none. <br />Roll Call: AYES: All <br />NAYS: None <br />Motion Carried <br />Bidding Authorized <br />Motion to authorize expenditure in an amount not to exceed $11,500 to Treasurer of <br />State of Ohio for the 2010 financial audit. <br />Mr. Saponaro, seconded by Mrs. Cinco, made a motion to authorize expenditure in an amount <br />not to exceed $11,500 to Treasurer of State of Ohio for the 2010 financial audit. <br />Council President Buckholtz asked if there was any discussion. <br />Mr. Wynne explained this is the cost of the audit. It's about $500 more than it was last year. I <br />also wanted to mention too that as a Village we are only required to have an audit every other <br />year but we have elected to have one every year just from the standpoint of transparency to the <br />readers and also wanting to have as up to date financials as possible for the purposes of our bond <br />rating with Moody's. <br />Roll Call: AYES: All <br />NAYS: None <br />Motion Carried <br />Expenditure Authorized <br />Motion to acknowledge receipt of financial reports for May 2011 and to approve of <br />same as submitted. <br />i <br />I` <br />Mr. Saponaro, seconded by Mrs. Cinco, made a motion to acknowledge receipt of financial <br />reports for May 2011 and to approve of same as submitted. <br />Council President Buckholtz asked if there were any questions. There were none. <br />Roll Call: AYES: All Motion Carried <br />NAYS: None Receipt of Financial Reports <br />Acknowledged and Approved <br />As Submitted