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Minutes of the Regular Meeting of Council <br />Monday, March 20, 2023 <br />Page 15 <br />Council President Schutt asked, any discussion? <br />There was none. <br />ROLL CALL: AYES: All Motion Carries <br />NAYS: None Recommendation from Planning and <br />Zoning Approved <br />• Motion to approve recommendation from Planning & Zoning Commission <br />concerning revised Section 1181.07 (c) (2) Rear Yards in Residential Districts. <br />Mrs. Jurcisek, seconded by Mr. Marquardt, made a motion to approve recommendation from <br />Planning & Zoning Commission concerning revised Section 1181.07 (c) (2) Rear Yards in <br />Residential Districts. <br />Council President Schutt asked, any discussion? <br />There was none. <br />ROLL CALL: AYES: All Motion Carries <br />NAYS: None Recommendation from Planning and <br />Zoning Approved <br />• Motion to acknowledge receipt of financial reports for February 2023 and to approve <br />of same as submitted. (Finance Department) <br />Mrs. Jurcisek, seconded by Mr. Marquardt, made a motion to acknowledge receipt of financial <br />reports for February 2023 and to approve of same as submitted. (Finance Department) <br />Council President Schutt asked, discussion? <br />Mr. Wynne stated, just a brief comment. There's been a lot of discussion in the news over the past <br />week about a couple U.S. banks that were closed and also one international bank that's having <br />financial difficulty. I just wanted to mention that from our investment standpoint, we had no <br />money with either of those banks. Also, per the Ohio Revised Code, all of our investments either <br />have to be at or below the F.D.I.C. insured limit or U.S. government backed securities so we are <br />never at risk of any loss in our investment portfolio as a result of something like this happening. <br />Council President Schutt stated, thank you Mr. Wynne. Any discussion or questions? <br />