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ORONO CITY COUNCIL MEETING HELD JULY 22, 1991 <br />HRA PUBLIC HEARING CONTINUED <br />some point the City intends to rescind the HRA so that it cannot <br />be indefinitely utilized for other projects. <br />Goetten advised that conditions, which include a limited <br />time period, will be incorporated into the establishment of the <br />HRA. However, there has been no discussion on placing a ceiling <br />on the amount of bonds to be-issued through the HRA. <br />Bernhardson stated that as long as there are outstanding <br />bonds, the HRA cannot be dissolved: <br />Mayor Peterson indicated that it may be appropriate to limit <br />the amount of bonds issued as a condition of establishing the <br />HRA. <br />Jabbour agreed with Mayor Peterson. <br />There were no additional comments from the public regarding <br />this matter, and Mayor Peterson closed the Public Hearing at 7:20 <br />p.m. <br />It was moved by Callahan, seconded by Jabbour, to adopt <br />Resolution #2998, making the necessary findings for the <br />implementation of a Housing and Redevelopment Authority within <br />the City of Orono. Callahan read, aloud. the Resolution for the <br />benefit of those persons attending the Public Hearing on this <br />matter. Motion, Ayes -3, Mayor Peterson, Nay. Motion passed. <br />It was moved by Callahan, seconded by Mayor Peterson, to <br />appoint the members of the Orono City Council as the members of <br />the Board of Directors of the Housing and Redevelopment <br />Authority, and that they .serve until their successors are <br />elected, or until one month after their term expires, whichever <br />occurs first. Jabbour indicated that he would like -Charlie <br />Kelley to serve on the Board of Directors. Callahan indicated <br />that such an appointment would likely occur during the HRA <br />meeting, which would follow this meeting. All voted aye. Motion <br />passed. <br />( #2)RESOLUTION OF APPRECIATION - LAURIE SCHEFFLER <br />RESOLUTION #2988 <br />Mayor Peterson presented Laurie Scheffler with a Resolution <br />of Appreciation for her service to the City as its City Recorder. <br />Laurie thanked Mayor Peterson, and stated that she would <br />miss everyone very much. <br />( #3 *)APPROVAL OF MINUTES <br />It was moved by Goetten, seconded by Mayor Peterson, to <br />approve the Minutes of the Regular Council Meeting held July 8, <br />1991. All voted aye. Motion passed. <br />- 4 - <br />