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Minutes of the Regular Meeting of Council <br />Monday, November 16, 2020 <br />Page 16 <br />Council President Schutt asked, discussion? <br />Mr. Wynne stated, yes, this is a requirement of the Ohio Revised Code. Every 5 years the <br />Council designates what institutions the Finance Director can place the Village's funds in from <br />an operating as well as an investing standpoint. Our current Agreements with those institutions <br />expire at the end of 2020 so this is just renewing those Agreements for an additional 5 years. <br />Council President Schutt stated, thank you, Mr. Wynne. Any other comments? <br />There were none. <br />ROLL CALL: AYES: All <br />NAYS: None <br />Executive Session <br />Motion Carried <br />Resolution Adopted <br />Motion to enter into Executive Session pursuant to Ohio Revised Code Section <br />121.22(G)(2) to consider the potential sale or purchase of real estate. <br />Mrs. Mills, seconded by Mr. Marquardt, made a motion to enter into Executive Session pursuant <br />to Ohio Revised Code Section 121.22(G)(2) to consider the potential sale or purchase of real <br />estate. <br />Council President Schutt asked, discussion? <br />There was none. <br />ROLL CALL: AYES: All <br />NAYS: None <br />Motion Carried <br />Council President Schutt stated, Council is adjourning for Executive Session at 7:50 p.m. The <br />live feed will be disabled until Council reconvenes. When Council is ready to return, a new link <br />will be posted on the Village's website for the public to view the remainder of the meeting. A <br />motion to reconvene from Executive Session will be made and we will be voting on one <br />additional item and then adjourn. Council would like to invite Mayor Bodnar, Ms. Wolgamuth, <br />Mr. Coyne, Mr. Wynne, Mr. Marquart, Mr. Marrelli, Mr. Thomas and Mrs. Betsa in Executive <br />Session. <br />Council went into Executive Session at 7:50 p.m. <br />