02/21/1995 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 2/21/95 Law Director Gareau: 1) The Law Department filed a motion for summary judgment based on the Statute of Limitations with regard to the public records lawsuit filed by a city police officer. A brief in opposition was received, and a reply brief was filed.. 2) Along with the Mayor and Finance Director, the Law Director held discussions with Squire, Sanders & Dempsey and National City Bank. 3) The Law Director, Service Director and Personnel Director have been holding contract negotiations with NOMBL employees. 4) The County Board of Elections has decided to delay the annexation vote in Olmsted Township from May until the November general election because there was not actually a primary election in the Township. 5) Most of the feedback concerning the anti solicitation ordinance has been positive. However, some Realtors and representatives of Mary Kay Cosmetics are unhappy about the ordinance. It is interesting to note that in the past when these people went door-to-door, they were violating the law. Now, however, they can get a license to go door-to-door as long as they do not knock on doors displaying the no solicitation sticker. Finance Director Burns: 1) On February 10, met with the State Auditor's office and discussed their commitment to sta$mg and wrapping up their audits for 1991 and 1992 as soon as possible. Also the issue of successor auditor was discussed with regard to the 1989 and 1990 audits by Gary Fink & Associates. This meeting was followed up on February 15 with the State Auditor's staff visiting and going through some of the work papers. The result of this visit was a punch list of items to be wrapped up, and work on those issues is progressing. 2) On February 16, a meeting was held with Squire, Sanders & Dempsey and National City Bank to discuss converting notes into bonds. Also the General Fund and the Sewer Revenue Fund, which will both need to be addressed during appropriations, were discussed. There was also discussion about the rating agencies and what issues will be of interest to them, access to markets and what National City basically perceives as the issues the city has to address to maintain market access and to maintain present ratings. The timetable originally set up for the official statement will not be changed because National City wants to have ample time to access the market with the official statement so that all issues can be addressed before the bond issues go to market. 3) On February 20, a representative from Gary Fink & Associates visited to discuss the documents to wrap up the 1989 and 1990 audits. There is just one issue left, and it is being resolved. Gary Fink & Associates has made the commitment to complete these audits as soon as possible and to provide the staff to put the 1994 GAAP financial statements together for use in the official statement. So at this time, even though nothing is finalized, everything is in process and scheduled. Mrs. Saringer, Chairperson of the Building, Zoning and Development Committee: 1) The previously unresolved issues concerning the front elevation and lighting on the World of Sleep proposal have been cleared up. Mrs. Saringer moved to approve the proposal to construct a building by World of Sleep located at 24260 Lorain Road; second by Mr. ,,, Nashar; motion passed unanimously. 3