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<br />Minutes of the Regular 1Vleeting of Council <br />Monday, April 16, 2018 <br />Page 9 <br />believe it has to be after the Second Read 'and before the Third Read. We are going to.wait until <br />it,goes to Planning and Zoning this week. <br />Mr. Coyne stated, Councilman Parker, it is on the agenda for Planning and Zoning this Thursday <br />at 7:30 p.m. Dr. Parker stated, okay. Thank you. <br /> <br />NEW BUSINESS,; <br />. Motion to authorize expenditure in the amount of $12,190 to James G.:Zupka, CPA, <br />Inc. for 2017 Audit Fee (Year 3 of 4-year contract). (Einance Department) <br />Mrs. Mills, seconded by Mr. IVlaxquardt, made a motion to authorize expenditure in the amount <br />of .$12,190 to James G. Zupka, CPA, Inc. for 2017 Audit Fee (Year 3 of 4-year contract). <br />(Finarice Department) <br /> <br />Council President Pro Tem Williams asked, discussion? <br />There were no further commerits. . <br />ROLL, CALL: AYES: All. - <br />NAYS: None . <br />Motion Carried <br />Expenditure Approved <br />. Motion to approve March 1, 2017-February 28, 2018 Economic Development <br />- Incentive Grant payment to Mars Electric Co. in. the amount of $40,021. (Finance <br />Department). <br />Dr. Parker, seconded by Mr. Marquardt,. made a motion to approve March 1, 2017-February 28; <br />2018 Economic Development Incentive Grant payment to Mars Electric Co: in the arriount. of <br />$40,021.. (Finance Department). <br />Council President Pro Tem Williams asked, discussion? <br />Mr. Wynne stated, this Grant Agreement has been approved by the M.G.I.C. Mars was required <br />to generate $82,890 in income tax revenue. They in fact generated $133,402. The grant amount <br />is 30% of tfiat amount collected which equates to the $40,021. <br /> <br />Council President Pro Tem Williams asked, any other discussion? <br />There was none. <br />ROL,L CALL: AYES: All <br />NAYS: None <br />Motion Carried <br />Expenditure Approved