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Minutes of the Regular Meeting of Council Monday, April 17, 2017 Page 5 Council President Saponaro stated, thanlc you. We will be having a discussion and voting later in the agenda. Also, there is a change to the agenda. Instead of the First Reading of Ordinance No. 2017-19 which is on the second last page of your agenda, that should read Resolution No. 2017-05. CONSIDERATION OF IVIINU'PES : Regular Council MeetinIZ - March 20, 2017 Mr. Jeroine, seconded by Mr. Marquardt, made a motion to approve the minutes as written. ROLL CALL: AYES: All Motion Carried NAYS: None Minutes of March 20, 2017 Approved as Written COMMENTS F120M MAYOR BODNAR . State of the Village Address Thank you all for coming out tonight. Welcome to the 2017 State of the Village address. Many of you know that I like to start out my talks soinetiines with a quote that I think may set the tone for the evening, so this is my hope for tonight. "Life is like riding a bicycle. To keep your balance, you must keep moving. " That not surprisingly comes to us from one of America's greatest scientific minds, Mr. Albert Einstein. 2016 was the year of transition in Mayfield Village. As a new Mayor, I was fortunate to stay on track and "keep moving" in the right direction with a team of dedicated, ethical and knowledgeable staff inembers. In 2016, our revenues increased, and we kept our expenditures well within our means. On December 31s1, the balance in our General Fund alone totaled $14,609,789 which is over $2.3 million in excess of our 2015 General Fund year-end balance. And the balance of all our funds totaled $24,055,665 which nearly $3.3 million or almost 16% more than our 2015 year-end balance. Part of that number includes funds which are set aside in order to be able to pay off our loans at the first possible feasible moment. And another part includes monies set aside for infrastructure projects. Perhaps the biggest changes put in motion last year were in our Recreation Department. Bill Thomas, who had taken the department from 0 to 70 in a matter of years, decided that he finally was going to retire. I worried a great deal about how we were going to replace such a great man. Turns out that we had 60 qualified applicants; no doubt the number of applications we received was likely due at least in part to the reputation for the deparhnent that Bill had built and we hired