HomeMy WebLinkAboutgr00090_000052_pg089MOUNDS VIEW CITY COUNCIL Regular Meeting
March 24, 1980 Page 4
During the first quarter of 1980, the
department had been working on the
closing out of the 1979 books in order
to begin the "79 "Audit. The City had
been collecting receipts from last
quarter's billing and are preparing
the billing records for next quarter.
Finally, noted that the City had been
fortunate with regards to the high
rates of interest to be making invest-
ments at high interest rates. He did
state to the City Council that the
latest investment he had made at that
time was at 17 -5/8 %.
Brager indicated in the next quarter
the following things would occur:
(1) the 1979 audit would be
completed
(2) work on the long -term financial
plan would begin
(3) the 1981 budget process would begin
by reviewing alternatives to the
present data processing service and
the new City accountant would be
hired.
First item presented to the City
Council under the Administrator's
Report was the Consent Agenda.(See
attached at the end of the minutes)
There were no questions raised by the
City Council regarding this matter.
Rowley moved the adoption of the Consent
Agenda as presented, it was seconded
by Hodges.
The motion carried.
4 ayes
0 nays
7. ADMINISTRATOR'S REPORT
Nelson presented to the City Council 8.
as Resolution 1095 which was a Resolution
Awarding the Sealcoating Bid to Allied
Blacktop. He reminded City Council that
City had gone through the proper bidding
process and the bid came in higher than
there were funds available.
RESOLUTION 1095
AWARDING SEALCOATING BID
TO ALLIED BLACKTOP