01/02/1996 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 1/2/96 ,,,,, 2) With regard to income tax, the city ended the year $454,000 ahead of what had been ~~ ~ projected for collections. 3) Following up on what the Mayor said about bondmg, we are currently involved with issues dealing with revenue bond issue requirements and capacities. Also, our underwriters and bond counsel would prefer that the city stay out of the short-term revenue bond market for one year. To do that, we are considering the feasibility of includmg all of our short-term borrowing for the next year or two in the bonds issue for later this year. President Boehmer announced that the following legislation would be passed under suspension ofthe rule: Ordinances 96-2, 96-5, 96-6, 96-7. Mr. McKay, Chairperson of the Intra-Governmental Relations, Legislation and Long- Range Planning Committee: 1) The committee met on Monday, December 1 L In attendance were Council Members Lind, Musial, Limpert, Nashar and McKay. The committee discussed ordinance 95-158, which deals with cross-docking. Cross-docking is a European distribution process which is being brought to this country by Royal Ahold, a company from the Netherlands. This process eliminates the shuttle warehouse and distributes food products by pallet, reducing the case by case selection which is essential to the smaller grocery stores. Cross-docking seems to be a threat to smaller grocery businesses and their employees. The committee recommended passage ofthe resolution. Mr. Lind, Chairperson of the Finance Committee: 1) The Finance Committee met on December 11. Present were committee members McKay, Musial, Lind; Council Members Limpert, Nashar, Saringer; Safety Director Kasler; Finance Director Burns; Service Director Bohlmann. The following items were discussed: a. Ordinance 95-150, which will be held in committee and discussed in a joint meeting with the Recreation Committee. b. Ordinance 95-161, which adopts the December 31, 1992 bank balances as ending fund balances for the city's books. The committee approved the legislation with the stipulation that the Finance Director provide a further written explanation about certain adjustments. Finance Director Burns will provide Council with an explanation of the adjustments in column D of the spreadsheet that he had provided. (Ordinance 95-161 was adopted at the special Council meeting of December 27, 1995) c. Ordinance 95-162, which deals with upgrading the city's commwucation system. Although the system is used city-wide, its greatest affect is on the safety forces. Currently the system is plagued by cross-talk and ghosting with surrounding cities and is in need of extensive repair. The approximate cost for the engineering study to determine the extent of the repairs is between eleven to twenty thousand dollars. The Finance Committee recommended approval. 2