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MINUTES <br />CITY COUNCIL & EDA <br />February 7, 1990 <br />RESOLUTION NO. 90-2-61 - AUTHORIZING THE CITY <br />ADMINISTRATOR TO BORROW AGAINST THE CITY'S CERTIFICATES <br />OF DEPOSIT TO GENERATE THE NECESSARY PROCEEDS TO <br />FINANCE THE ACQUISITION OF THE MONDOR, WEINHOLZER, AND <br />MCNAMARA PROPERTIES IN THE EVENT THAT THE BOND SALE <br />DOES NOT CLOSE TOMORROW OR UNTIL SUCH TIME AS THE BOND <br />PROCEEDS BECOME AVAILABLE <br />The foregoing resolution was duly seconded by Scalze. <br />Ayes (5) Collova, Scalze, Fahey, LaValle, Blesener. <br />Nays (o). <br />Resolution declared adopted. <br />Council discussed the need for an administration fee <br />for the processing of charitable gambling license <br />applications. <br />Mr. LaValle introduced the following resolution and <br />moved its adoption: <br />RESOLUTION NO. 90-2-62 - ESTABLISHING A$10.00 <br />ADMINISTRATION FEE FOR THE PROCESSING OF CHARITABLE <br />GAMBLING LICENSE APPLICATIONS <br />The foregoing resolution was duly seconded by Fahey. <br />Ayes (5) LaValle, Fahey, Blesener, Collova, Scalze. <br />Nays (0). <br />Resolution declared adopted. <br />Upon motion by Collova, seconded by Blesener, the <br />meeting was adjourned at 5:21 P.M. <br />r ~ <br />Attest:P-ti~',."~ >'=~ ~.ln.,->; _ t <br />~ Joe R. Hanson Michael I. Fahey <br />~.,Ci_ Administrator Mayor <br />Page 6 <br />