06/20/1989 Meeting Minutes - Laserfiche WebLink

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' Council Minutes of 6/20/89 -2- Finance Director Boyle reported: 1) The 1987 audit has been released by Arthur Young and received by the Auditor of State. There is an opinion on the second page stating, "In our opinion, the combined financial statements referred to above, present fairly, in all material respects, the financial position of the City of North Olmsted at December 31, 1987, and the results of its operations". In other words, it was a clean audit. 2) Has applied for the city's local government funds for 1990, certifying the city's income tax rates and population. 3) Discussed with Squire, Sanders and Dempsey, the three note issues coming due between August 1st and September lst, with respect to what the budget would allow for pay-downs. Will be finalizing the figures tomorrow and have the note issues prepared for the next meeting. City can probably pay-down on the Industrial Park; pay off the $80,000 note on the police cars; and pay a minimum of $30,000 out of the General Fund on the judgment note. 4) Discussed with East Ohio Gas Company a few items with respect to the city's consumption and billings for same. They will report later this week concerning 18 months of consumption per meter. There is a small problem with the meters. Over a period of time, when meters were installed, East Ohio would record it to sanitary sewer, Fire Department, etc., instead of to the City of North Olmsted. This could have been on the job order instructions; this has now been corrected. East Ohio could only identify four of the city's twelve meters. Finance Director has now identified all of the meters for them and they have done consumption reports, analyzing the billings under 500 and 500A rates. A 500 rate is basically what a resident would pay - a specific charge per MCF. The 500A is a graduated charge with a higher service charge. Finance Director has analyzed these to see if the city should change some of its billing cycles or billing rates. Finance Director has scheduled 18 month reports to be delivered to the Finance Department and Mayor's off ice so the city will have a better handle on consumption; is working with CEI and the City of Cleveland to make similar arrangements. 5) With respect to the signalization notes, since there may be a little confusion, the reason one will be tabled and another one has been added is the amount of money involved. After the review, certain additional signals were added, based on comments by Mr. Gallito from ODOT, and this raised the total anticipated expendi- ture. Squire, Sanders and Dempsey thought it was a significant amount and should be dealt with through an entirely new piece of legislation rather than through amending the old legislation. Mr. Boehmer, Chairman Public Safety, Health and Welfare Committee reported: l) Moved council have no objection to the issuance of a new C2 permit to Angel's Unique Gift and Baskets,. Incorporated, 27085 Brookpark Road Extension, second by Mr. O'Grady, unanimously approved. Mr. O'Grady had no report as Chairman of the Transportation Committee but did want to make a comment with respect to the last council meeting when so many residents appeared before council with flooding complaints. Since most of these residents left the meeting right after "audience participation" and did not stay for the "legislation" portion of the meeting, Mr. O'Grady thought it was very significant that under suspension of the rule requiring three readings council did pass Reso- lution No. 89-49, which authorized the Service Director to advertise for bids for Phase Two, the Deerfield Project drainage. Mr. Wilamosky, Chairman of the Finance Committee reported: 1) Reminded council members that Ordinance No. 89-6 had been reported out on earlier this year and committee endorsed passage of this legislation.