05/07/1996 Meeting Minutes - Laserfiche WebLink

Home Browse Search

Council Minutes of 5/7/96 n . point, they have the majority of what they asked for. Mr. Limpert asked when Mr. Bums predicted the audited would be concluded. Mr. Burns stated that he feh the auditors would be "able to wrap it up next week." He cannot say when the audit report will actually be released. Mr. Limpert inquired about the change of date to go to bonds. Mr. Burns replied there were a number of reasons for changing the date to go to bonds on this issue. Part of it was the audit, part of it was being able to put together a proper presentation when we go to New York to look at bond ratings and to talk to insurance companies. Also, at this point there is an outside chance that we may have the 1995 audit completed by the time the bond process would take place. There might be an additional cost, but the interest rate will be lower. Mayor Boyle commented. that the trip to New York has been changed to September to improve the chance of getting the 1995 audit completed. The Mayor asked Mr. Burns to be more specific as to what information is in the hands of the auditors. Mr. Burns said that they have the financial statements; they do not yet have the footnotes. Mayor Boyle commented that he has talked to the auditors about the possibility of holding a post-audit conference before the audit opinion is issued. The auditors are waiting for direction from the Cohunbus office on this issue. Mr. Burns said that the opinion on the notes is just the auditors' opinion on the financial statements. The Auditor of State will issue the audit report. Usually, the exit conference is done when that report is issued. Mr. O'Grady, Chairperson of the Intra-Governmental Relations and Legislation; Long- Range Planning Committee: 1) The committee will met at 7 p.m. on Monday, May 20, to discuss strategic planning. Mr. Musial has arranged for Dr. Philip Walker of NASA to speak about strategic/long-range planning. All members of Council and the administration are invited to attend. AUDIENCE PARTICIPATION Jason Mahon, 4400 Lansing Drive, spoke about his disapproval of the plans to install a traffic light at the corner of Porter, Mill and North Park. He presented a petition signed by 25 people who share his concerns. Don DeChant, 23515 Alexander Road, thanked the Service Department for promptly filling the potholes on W. 231 after his phone call. He informed Mr. Lmd that he would approve of no parking on the hydrant side of Alexander Road. Mr. DeChant asked when the work on Clague Road would be started. Mayor Boyle and Mr. Bohlmann commented that this work has begun. The contractor is presently moving utilities in preparation for the installation of new box culverts. The work will begin in Westlake and proceed into North Olmsted. The completion date is August 31, 1996. Joyce Weber, 5437 Allendale Drive, said she was a flood victim of the Butternut Apartments being tied in with her residential area. Her family has gotten sick from the mold that formed in their walls and their pet died from the chemical spray that was used to remove the mold. In addition, pine trees in her yard are falling over because they are being undermined by water. This presents a safety hazard to the children playing in their 5