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MINUTES OF THE <br />ORONO CITY COUNCIL MEETING <br />Monday, April 24, 2017 <br />7:00 o'clock p.m. <br />16. FIRST QUARTER FINANCIAL REPORT — Continued <br />Olson noted first quarter expenditures for 2017 were at 24.95 and that he expects those to be at around <br />100 percent by the end of the year. For the first quarter, the City had one new investment, which is a CD <br />paying 2 percent for three years. <br />Olson reviewed the City's top 10 vendors. The top three for the first quarter include Mark J. Traut <br />Wells, Inc., for well number four construction, Insituform Technologies for 2016 sewer projects, and the <br />League of Minnesota Cities Insurance Trust for the City's liability and workers compensation insurance. <br />Olson noted the majority of the vendors relate to construction projects. <br />Printup requested the vendor list also be included in the public packet. <br />The City Council took no formal action on this item. <br />PUBLIC COMMENTS, CONTINUED <br />Richie Anderson, 3205 Crystal Bay Road, stated he would like to have a ribbon cutting ceremony for the <br />new generator that is next to his property. Anderson stated he could coordinate the event and that he will <br />follow up with Adam Edwards. <br />Walsh commented it is a great idea. <br />CITY ATTORNEY'S REPORT <br />Mattick stated he had nothing to report. <br />M 1111111 t-WIL15 I Bla N <br />Printup moved, Seals seconded, to adjourn the Orono City Council meeting at 9:20 p.m. VOTE: <br />Ayes 5, Nays 0. <br />ATTEST: <br />Anna Carlson, City Clerk Dennis Walsh, Mayor <br />Page 12 of 12 <br />