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15 <br /> February 1 , 1982 <br /> Mayor LaValle stated that Hugo will be getting 2% less real estate taxes and 12% <br /> less aid from the state. Irsfeld computed the percentages to a figure of $8,800 <br /> less. It was discussed that the figures for the 1982 budget be revised. <br /> HUGO LIONS CLUB - GAMBLING LICENSE <br /> MOTION: McAllister made motion, seconded by Irsfeld, to approve the Gambling <br /> License for the Hugo Lions Club, and is valid with John Kostuch, Jr. , <br /> as its duly authorized Gambling Manager, for the year 1982. Approval <br /> subject to receipt by the clerk's office of $25.00 from the Lions Club. <br /> VOTING FOR: LaValle, McAllister, Schletty, Irsfeld, Vail <br /> MOTION CARRIED <br /> MOTION: McAllister made motion, seconded by Irsfeld, that the bond requirement <br /> for John Kostuch, Jr. , for the year 1982, be waived. <br /> VOTING FOR: LaValle, McAllister, Schletty, Irsfeld, Vail <br /> MOTION CARRIED <br /> The Building Inspector was present to give his report on the inspection of the <br /> basement in the First State Bank of Hugo. Mr. Crever stated that there was re- <br /> modeling done, along with the installation of new bathrooms. A SAC charge of $425 <br /> was paid in August, 1981 . It was not determined if a REC or plumbing permit <br /> charge was paid. The bank had requested that its $12,000 Letter of Credit be <br /> reduced. Crever thought an additional Building Permit should be required. <br /> MOTION: McAllister made motion, seconded by Schletty, to notify the First <br /> State Bank of Hugo that the Letter of Credit will be considered for <br /> reduction when all REC's and permits, when applicable, have been obtained. <br /> VOTING FOR: LaValle, McAllister, Schletty, Irsfeld, Vail <br /> MOTION CARRIED <br /> MOTION: Irsfeld made motion, seconded by Schletty, to adjourn at 8:37 PM. <br /> All aye. Motion Carried. <br /> Mary Aly Creager, Deputy Cl <br /> City of Hugo <br />