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<br />City of CenterviIle <br />April 14, 2004 <br />Council Meeting MiOl1les <br /> <br />Motion bv Council Member Caora. seconded bv Council Member Lee. to acceot the <br />2003 Audit as oresented. All in favor. Motion carried unanimouslv. <br /> <br />Motion bv Council Member Caora. seconded by Council Member Broussard <br />Vickers. to autborize the City Finance Director to pnblish the 2003 Audit. All in <br />favor. Motion carried unanimouslv. <br /> <br />2. Mr. George Eilertson. Northland Securities - Financial Advisory AlZTeement & <br />Joint Power Police Station <br /> <br />Mr. George Eilertson, Northland Securities, discussed the Financial Advisory Agreement <br />and setting the sale for the second meeting in May. <br /> <br />Mr. Eilertson explained the bond information and financial information he had put <br />together for the Joint Power Police Station. He also discussed getting the City a Moody's <br />rating, and discussed the issue of bond insurance. <br /> <br />The Council discussed the issues. <br /> <br />Motion bv Council Member Broussard Vickers. seconded bv Council Member Lee.. <br />to acceot Northland Securities as the rmandal advisor for the street imorovement <br />proiect. All in favor. Motion carried unanimouslv. <br /> <br />Motion bv Council Member Lee. seconded by Council Member Broussard Vickers. <br />to table the issue of the Joint Power Police Station. AU in favor. Motion carried <br />unanimouslv. <br /> <br />3. Res. #04-020 - Issuance & Sale 0[$2.545.000 G.O. Bond - 2004 Street Proiect <br /> <br />Mr. Eilertson explained the resolution is to set the sale for May 26th. He said what <br />they've done in the past is put together the offering document and distribute it to <br />underwriting firms that will bid on the bonds. <br /> <br />Motion by Council Member Broussard Vickers. seconded bv Council Member Paar. <br />to aporove Resolution #04-020. Issuance & Sale of $2.545.000 G.O. Bond for the <br />2004 Street Proiect on Mav 26. All in favor. Motion carried unanimouslv. <br /> <br />4. Sweeping ofOiiway Drive - Request Submitted by Ms. L.A. Peterson <br /> <br />The Council discussed this request and decided to deny it. <br /> <br />5. Parks & Recreation Recommendation For CommerciallIndustrial Park Dedication <br />~ <br /> <br />The Council discussed this item. <br />Page 5 of8 <br /> <br />l_ _ <br />