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Council Minutes of 5/19/87
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<br />7) Committee briefly discussed the Trust and Agency Fund. Mr. Cunningham
<br />-~ stated that he believes the fund could provide for approximately $100,000
<br />for General Fund use. It is still somewhat unclear; Mr. Cunningham had
<br />some information relative to a time period, It is our understanding that
<br />a request was made for a legal opinion dealing with some legal questions
<br />that covered the period of time that money has been retained and whether
<br />or not it could be transferred into another fund. The meeting concluded
<br />with the general understanding that additional information would be provided
<br />so the committee could be a little more conf ident that there is, in fact,
<br />a potential of $100,000 for General Fund purposes.
<br />In the absence of Mr. McKay, Mr. Wilamosky gave the following Streets and
<br />Drainage Committee Meeting report: 1) Streets and Drainage Committee met on
<br />May 14th. with Councilmen Lackey, O'Grady, Wilamosky and McKay in attendance
<br />as well as Service Director Noble and Engineer Schaller. Committee discussed
<br />the resurfacing of Maple Ridge Road in conjunction with the City of Westlake.
<br />The discussion included roadway evaluation and the f ifteen year plan prepared
<br />by Mr. Schaller. Cost to initiate the fifteen year program would be $575,000
<br />ger year on the average. Additionally, several streets need to be re-
<br />constructed. Committee requested Mr. Schaller to provide a more thorough
<br />cost estimate on Country Club, Lorain to Victoria; North Porter to Mi11 Road;
<br />and Maple Ridge Road. Since same streets can no longer wait for repair, the
<br />committee discussed looking at the issuance of bonds as a means of f financing.
<br />Commnittee is moving forward to install a positive method of street repair in
<br />the city. Mr. Wilamosky added that with respect to the figures Mr. Schaller
<br />discussed, the initial startup cost for reconstruction the first year would
<br />be $1,030,000; the second year it would be $382,936 and would vary year to year
<br />over that 15 year time frame,
<br />Mr. O'Grady, Chairman Public Safety, Health and Welfare Committee reported:
<br />1) Moved Council have no objection to the transfer of a D5, Db liquor permit
<br />from Ruthie, Incorporated, dba Red Carpet Lounge, 23845 Lorain Road, North
<br />Olmsted, Ohio, to Ruthie, Incorporated, dba Rosemary's Red Carpet, 24775 Lorain
<br />Road, North Olmsted, Ohio, second by Mr. Lackey, unanimously approved.
<br />Mr. O'Grady also gave the following Transportation Committee Meeting report:
<br />1) Transportation Committee met on Thursday, May 14th with Service Director
<br />Noble, Councilmen Lackey, Wilamosky, McKay and O'Grady in attendance. Meet-
<br />ing was called to discuss an opportunity to swap a backhoe, no longer in
<br />operation by the city, for a crane. It was estimated that it would cost a
<br />minimum of $5,000 to restore the backhoe. After much discusion it was re-
<br />quested that a further evaluation be made by another outside source to determine
<br />the cost to put the backhoe into workable condition since the concern was that
<br />in a few years the city might have need of it. The cost for a new backhoe would
<br />be about $32,000. Director Noble will present more information and it will
<br />again be discussed by the Transportation Committee.
<br />Letters and Communications:
<br />Clerk read letter from Suzanne Toorish, 5212 Berkshire Drive, asking what plans
<br />the city had for the north end of North Olmsted Community Park. Letter was
<br />turned over to Recreation, Public Parks and Buildings Committee Chairman Lackey
<br />for consideration.
<br />President Saringer announced that Ordinance No. 87-47, establishing "no parking"
<br />on the west end of Bretton Ridge Road, and Ordinance No. 87-48, an ordinance to
<br />make appropriations for the City of North Olmsted, have been added to tonight's
<br />agenda and are on first reading.
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