1992 Rec./Disb./Res. & Minutes - Laserfiche WebLink

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Pursuant to due call and notice thereof the City City of Centerville held their regular meeting on 8, 1992 at the City Hall. Mayor Buckbee called order at 7:04 p.m. Present: Burgstahler, Wilharber. Council of the Tuesday, July the meeting to Dario, Pelton, MINUTES Motion by Wilharber, second by Burgstahler to approve the June 8, 1992 Public Hearing/Special Meeting Minutes for improvement of Progress Road and Westview Street, motion carried unanimously. Motion by Wilharber, second by Burgstahler to table the June 24, 1992 meeting minutes, motion carried unanimously. APPEARANCES 1991 Financial Reoort, Gary Groehnr Abdo, Abdo & Eich Gary Groehn, City Auditor from Abdo, Abdo & Eich, was at the meeting to present the 1991 City of Centerville Financial Report. Mr. Groehn highlighted several points in the report. He advised that the City General Fund is $14,000.00 higher than in 1990. The General Fund dollars are needed for the first six months to carry the City financial activities until the County Tax Payments are received in July of each year. He suggested that the City Council keep an eye on the costs to the Metropolitan Waste Control Commission as this is an expenditure that increased by approximately 25% over the year 1990. Mr. Groehn suggested that this increase could be primarily due to a significant increase in population within the City of Centerville. He noted that the General Fund balance is as it should be with regard to an appropriate balance. He noted that all debt service accounts do have resources identified for repayment of all bond issues. He noted that the 1980 Sewer Improvement Bond has now been paid off and there appears to be an excess of approximately $5,000.00 in that account and he suggested that these monies be removed from this debt service account into the general fund. Mr. Groehn also noted that the $250,000.00 entered into the General Fund in 1991 is a result of an excess of funds in the 1976 Sewer Debt Service fund. The bond was defeased in 1988. OLD BUSINESS Mound Trail Feasibilitv Report John Stewart, City Engineer, was present discuss the Mound Trail Feasibility Report petition of some of the property owners along improvement of said street. at the meeting to initiated by a Mound Trail for The Feasibility Study for the improvement of Mound Trail west of County Road 14 dated July 2, 1992 is on file with the The Feasibility Report proposed three upgrade options: A. A complete reconstruction at an estimated project cost of $231,000.00.