05/16/1995 Meeting Minutes - Laserfiche WebLink

Home Browse Search

Council Minutes of 5/16/95 June 2. The fiscal officer's certificates for Ordinance Nos. 95-69 through 95-84 have been presented. Mr. Musial asked what interest rate would be paid on these notes. Mr. Burns replied that interest rates for short-term issues is approximately 4.2%. The current long- term rate for bonds is approximately 6.1%. Mr. Lind questioned Mr. Burns on the status of the audit. Mr. Burns replied that a meeting had been held with representatives from the office of Gary Fmk & Associates and the State Auditor's office. The findings were presented to the State representatives, who are willing to sign off on them The State representatives did ask that a meeting be arranged with Ernst & Young so that the 1988 papers could be examined to establish support for adjustments that had been made. However, Ernst & Young have indicated that the 1988 papers have been destroyed. The State will probably accept the adjustments based on the documents that are available. After that, unqualified opinions should be issued for 1989 and 1990. This will permit the State Auditor's office to complete their audits for 1991 and 1992 and begin audits for 1993 and 1994. Mr. Limpert asked what was meant by an "unqualified opinion." Mr. Burns explained that there are basically three opinions that can be issued by an auditor: unqualified, which means that the financial statements are materially correct as to content and as to conformity with generally accepted accounting principles; qualified, which means that there are some deviations and these would be spelled out in a report; disclaimer, which means that the auditor cannot issue an opinion. Mrs. Beringer, Chairperson of the Building, Zoning and Development Committee: 1) The committee met on May 10 with committee members McKay, Nashar and Beringer in attendance. Also in attendance were Council Members Limpert, Musial and Miller, Building Commissioner Conway, Assistant Engineer McDermott and Safety Director Kesler. The following agenda items were discussed: a. Rooney office building at 27935 Lorain Road, a proposal to construct an office building with the front half retail and a service area in the rear. Mr. Terry Rooney, representing his father who was also in attendance, presented the plans. The plans were approved by the Planning Commission on April 11 and by the Architectural Review Board on April 19. The need for a trash dumpster was discussed, and it was determined that trash will be stored inside. However, if a dumpster is needed in the future, it will have to be enclosed. The committee agreed with the ARB request that the side panels be a masonry unit. A complete set of working plans must be submitted. The light fixtures must have a shield. The landscape plans must be approved and the engineering plans must be submitted and approved. Mrs. Beringer moved to approve the Rooney office building contingent upon the submission and approval of the engineering plans and landscape plans, that the lighting fixtures be shielded and with all the recommendations of the Planning Commission and Architectural Review Board; second by Mr. McKay; the motion was unanimously passed. b. Tony Rome's, 26092 Great Northern Shopping Center, a request for permission to use neon on the building. The owner Lee Wolf was present and the plans were presented by Dale Higley. The renovation of the building was approved as a minor change by the 3 .~,:M,.:. y.: ,.