06/02/1987 Meeting Minutes - Laserfiche WebLink

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•\ Council Minutes of 6/2/87 _2_ Finance Committee; council declined to jointly sponsor the legislation because ~- it had no share in its development and would not wish to take any credit from the Mayor. The offer for council's input is still valid; will be introducing legislation on June 16th; would ask that it go through committee as soon as possible; needs to be down to the Board of Elections by the end of July for placement on the November ballot. 7) This is All Scouts' Weekend; Recreation Complex pool opens this Sunday with free admission. 8) One of the newer vans has been red-lined; it is one week outside the warranty; administration is trying to get it back to the manufacturer to be taken care of. 9) Has requested a copy of_a recent ordinance passed by the City of Avon Lake in regard to male go-go dancers. Once this is received, will sit down with council and .develop legislation to prohibit such exhibitions"in North Olmsted. 10) Requests the Chairman of the Finance Cammittee to schedule a meeting to dis- cuss raises as well as shortages in some accounts. Legislation will be given to Mr. Wilamosky within the next day or two. 11) North Olmsted High School has been selected one of the nation's outstanding high schools; the only public high school in the State of Ohio. Dr. Lin say and Superintendent Pienert will be honored in Washington for this outstanding achieve- ment. Mr. Wilamosky requested a copy of the legislation from Avon Lake; Mr. McKay suggested that female go-go dancers be included in any legislation dealing with male go-go dancers. Mr. O'Grady asked if any program for All Scouts' Day had been received by the administration; Mayor responded that one had not been received; will have her secretary contact someone and forward the information to council. Finance Director Boyle reported: 1) Has received notification from Public Employees' Retirement System that retirement rates will remain the same this year - 8~~ - from the employee 13.95' matching funds by the city. There is no increase; it is pretty much what rates have been for the past ten years. This follows what has been done in the Fire and Police Pensions, which are two of the larger fixed costs, that had jumped in the past and are relatively stable now. 2) Met with Arthur Young and Company auditors this week; field work should be completed at the end of three weeks. It will then be submitted to the state under the single audit. In August/September, North Olmsted should have its audited financial statement. 3) A comprehensive financial package, which might take the place of official statements required during bondings, was also discussed with the auditors. The official statement is usually prepared by Squire, Sanders and Dempsey/McDonald and Company and can be quite costly. If incorporated in with the audit, a savings could be realized. Since the city has no bonding at this time, Finance Director asked for a timetable on this. City could get started on it as late as September if a bonding is planned in the future. It could reduce the cost if something came up that required going to bonds or notes; if not, city would just delay it. There is no real importance to it after that. Mr. Rademaker, Chairman Transportation Committee as well as Long Range Planning Committee reported: 1) Long Range Planning Committee met on May 28th to consider the possible sale of the parcel of land bordered by Marquette and Edgepark Boule- vards. Land is presently owned by the city and zoned for recreational use. Councilman Tallon was present, along with several. area residents and the developer,. Mr. Puzzitiello. It was determined that the committee needed additional financial information before making any recommendation. Chairman Rademaker requested Finance Committee Chairman Wilamosky to obtain some additional financial information as to what type of revenues would be generated by developing the parcel with twenty to