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Special Council Minutes of 8/13/99 <br />Page 3 <br />to borrow $300,000 and further agree to later borrow an additional $75,000 without <br />allowing enough time to determine a construction plan and ensure that these figures are <br />accurate, well spent and affordable. She has an obligation to vote no at this time. Roll <br />call continued: McKay, yes; Miller, yes; Nashar, yes, with comment: At the last Finance <br />Committee meeting it was definitely made clear that the funds for this borrowing could <br />be supported by Springvale and there would be no added expense to the General Fund. <br />Regarding the $75,000 added note that might be coming up, we were told that it could <br />range anywhere from $45,000 to $60,000. He feels that the work is required at <br />Springvale. The motion passed with five affirmative votes and two negative votes. <br />Ordinance No. 99-99 adopted. <br />There being no further business, President Saringer adjourned the meeting at 6:44 p.m. <br />..-~ ~ ,~ <br />Barbara L. Seman, Cle of Council <br />et A. Saringer, Presid of Council <br /> <br /> <br />