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<br />e <br /> <br />e <br /> <br />Minutes, Public Hearings and Regular Meeting <br />La Porte City Council <br />September 9, 1985, Page 9 <br /> <br />C. Discuss and consider capital improvement and revenue <br />sharing project preferences. <br /> <br />The Assistant City Manager listed the projects as ranked by <br />City Council. A copy is attached as part of these official <br />minutes. <br /> <br />Motion was made by Councilperson Skelton to accept the list of <br />capital improvement and revenue sharing projects as <br />presented. Second by Councilperson Westergren. The motion <br />carried, 8 ayes and 0 nays. <br /> <br />Ayes: Councilpersons Walker, Matuszak, Waters, Pfeiffer, Gay, <br />Skelton, Westergren and Mayor Malone <br />Nays: None <br /> <br />D. Discuss handling of reserve fund for revenue bond issue. <br /> <br />The City Manager informed Council that that reserve fund will <br />be set up at the same time the bonds are sold and delivered, <br />so an ordinance will be passed at a later date setting up that <br />particular reserve. In the meantime, the funds will be <br />included in the budget for FY 1985-86. <br /> <br />12. Administrative Reports: None <br /> <br />13. Council Action: Councilpersons Walker, Matuszak, Pfeiffer, <br />Gay, Skelton, Westergren and Mayor Malone brought items to <br />Council's attention. <br /> <br />Councilperson Pfeiffer requested an executive session on <br />personnel. <br /> <br />14. Council adjourned into executive session on personnel at 9:29 <br />P.M., and returned to the Council table at 9:54 P.M. <br /> <br />15. There being no further business to come before the Council, <br />the meeting was duly adjourned at 9:54 P.M. <br /> <br />Respm~ <br /> <br />Cherie Black, CIty Secretary <br /> <br />Passed & Approved this the <br />~d day of September, 1985 <br /> <br />/~~C:1Ii. ~o; <br />