12/20/2010 Meeting Minutes - Laserfiche WebLink

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Regular Council Meeting Minutes 12-20-10 Page 16 Council President Buckholtz asked if there were any questions. There were none. ROLL CALL: AYES: All NAYS: None Motion Carried Resolution Adopted First Reading of Resolution No. 2010-14, entitled "An Emergency Resolution designating certain Financial Institutions as Depositories for Interim Funds of Mayfield Village, Ohio for the five (5) year period commencing with January 1, 2011, and authorizing Depository Agreements with said institutions." Introduced by Mayor Rinker and Council as a Whoie. Mrs. Mills, seconded by Mr. Saponaro, made a motion to adopt Resolution No. 2010-14. Council President Buckholtz asked if there was any discussion. Mr. Wynne explained, every 5 years Council renews this. This is just authorizing the Finance Director to deal with certain financial institutions for the deposit of the Village's funds during that 5 year timeframe. Council President Buckholtz thanked Mr. Wynne for the explanation. ROLL CAL,L: AYES: All NAYS: None Motion Carried Resolution Adopted First Reading of Resolution No. 2010-15, entitled "A Resolution Requesting the Cuyahoga County Treasurer to Adjust the Amended Official Certificate of Estimated Resources for 2010." Introduced by Mayor Rinker and Council as a Whole. Mrs. Mills, seconded by Mr. Saponaro, made a motion to adopt Reso.lution No. 2010-15. Council President Buckholtz asked if there was any discussion. Mr. Wynne explained, the Amended Official Certificate is a sunimary of what funds we have available to spend throughout the year. It was originally passed at the beginning of the year and now we have updated it for our actual,receipts attached to the tax increase. There is one Ordinance for appropriations, this takes care of the receipts side. We will be sending this down to the County. Council President Buckholtz asked if there were any questions. There were none. ROLL CALL: AYES: All Motion Carried NAYS: None Resolution Adopted