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MINlT,~S OF TliB A~EETING OF THE L <br />OF THE CITY OF t~}~TH OLMgTED <br />FEHRQA~1' 1, 1972 <br />8:t~0 P.M. <br />Present: President Frastcis J. O'Dell, Councilmat Boehmer, Giessen, <br />Lim~-ert, Prc~asy, 3aringer, 9Iing, West. <br />Also present: Service Director Hse~~ Carter, Lana Director 3. Brine Kitchen, <br />Finance Director Wil.li~ t~~rlarh, City Bngi~er Michael Karhsn, <br />Clark of Comactl Nora Hill. <br />Meeting was called to order by Presideaat O'Neill at 8:00 P.M. <br />Minutes of Council Meeting of Jaeetary 18th were approved as read. <br />Service Director Caster discussed his memo to Council in ccu~nwoctian <br />with request for authc~rl.sativn to mortise for various bias. Ccuttracts <br />on many it~as will expire soon, esps+elly insurance which aspires July 1, <br />1972. tdould like to have legislstieo and be able to advertise for biehi <br />before March let, thus enabling .the durance companies plenty of time <br />to prepare bids. <br />Finance Director Gerlach reported the following in connection with the <br />City's esedit rating: On JaRU~ry- 2i, !Kayor t~rristmaet, Fi Director <br />Gerlach aetd Mr. Wsyas Kuhn of i Co. had a m~weti~ with Macdy's <br />Bond Rating Agency in lea Yor1c City. 'they presented Moedy's with a 37 gage <br />report they had prepared to +ate f tai and ether infos~wstion for bow <br />rating purposes, and uc~derrr!e~tt ex~rrsiv!e questiming by the rtt~tdit aaslysts. <br />Yesterday tl^e City received a t~hcx~is +cnl from Moady's advising that the <br />North Olmsted City Bona RattnR 1a~4 bs~, raised to "A" from "BlIA". This is <br />one step up in as improved credit rtmM. If this rating can be maintained <br />the Citq stands to sage approsinatarlj ~15Q,f100 in future interest parts <br />on the sewer bonds alone. <br />Mrs. Saringer, Chaiss~t Environmental Control Cranmittee, cad here <br />is a Public Forum antitlsrd "r3.~t - td}to Cares" to be held at the <br />Cleveland l~seurs of Natural K3,starry cut February 3rd, 4th anct 5~t. SpeaEkers <br />to represent citisens, 80~ t ae~d busimstas. Anyotse interrutted in <br />attending panel discussion on air, water, solid waste, etc., is welcome. <br />Mr. Boehmer, Chairman Public Suety, Nsalth & 'delfare Comeittee, r+sportsd <br />the following: Comwittse Est on January 25th, with resichutts and msrrl~ers <br />of ?dest Park Forest Ridge. Civic Aars+actation and discussed had ~rve at <br />northern end. of B~s~ks~ri~ Drive. Resident Tvmy rtonsa hear made several <br />cxnnplaiats of autas rusaaing o~rer his tree lawet daausgging the property s~bich <br />he feels.. is a safety hasard nerd fe~tls the City should do soaiwethittg abet <br />px~o~lem. Committee dsc#~ed that ~ arrow would be placed on this curse. <br />Mr. Sc-ehmer also met with remrdet#~r era Saturday and restdaets sute~l <br />a 1S mph sign be posted on Dsrlrshire to slaw traffic. This Brill be cdtsed <br />with Police Dept. whether this is ea!'errcaeable; (2) Cowaittee also saMrera! <br />liquor permit regw~t for ~ 1r"rartres Stack at 25th Lorain hvad. This <br />property is the old "Doge ~ " which is moat suitable for this type of <br />business because of toning; (~~ aLro +discussedi was $S0. patter cash for <br />Police beet. for food for priso~sxs whcdt ~ttee approved and legislation <br />