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0 <br />MINUTES OF THE <br />ORONO CITY COUNCIL MEETING <br />Monday, December 18, 2000 <br />*( #8) LAND PURCHASE FROM ORONO SCHOOL DISTRICT <br />Peterson moved, Sansevere seconded, to approve a budget adjustment in the General Fund <br />budget to reflect the expenditure of $168,000 for the purchase of the six acre parcel from <br />the Orono School District. VOTE: Ayes 5, Nays 0. <br />( #9) BUDGET ADJUSTMENT FOR LAND PURCHASE — 340 WILLOW DRIVE <br />NORTH <br />Moorse stated this is a budget adjustment to reflect the expenditure of monies to acquire <br />the property at 340 Willow Drive North which will be used either for the future fire station or a <br />housing site. <br />Kelley inquired which fund the money would be coming from. <br />Moorse stated the money would come from the General Fund. Moorse stated all funds from the <br />Building Outlay Fund had been placed into the Community Investment Fund, and with the <br />purchase of two parcels of property utilizing funds from the General Fund, the City needs to be <br />careful about maintaining an adequate balance in the fund. <br />Kelley moved, Peterson seconded, to approve the budget adjustment in the General Fund <br />. to reflect the expenditure of $392,000 for the purchase of the property at 340 Willow Drive <br />North. VOTE: Ayes 5, Nays 0. <br />C� <br />*( #11) 1997 SEWER CONSTRUCTION FUND CLOSE OUT — RESOLUTION NO, 4592, <br />Peterson moved, Sansevere seconded, to approve and adopt RESOLUTION NO. 4592, <br />a Resolution to Close the 1997 Sewer Construction Fund to the 1997 Improvement Bond <br />Debt Service Fund. VOTE: Ayes 5, Nays 0. <br />*( #12) 1982 G.O. IMPROVEMENT BONDS DEBT SERVICE FUND CLOSE OUT — <br />RESOLUTION NO. 4593 <br />Peterson moved, Sansevere seconded, to approve and adopt RESOLUTION NO. 4593, a <br />Resolution to Close the 1982 G.O. Improvement Bonds Debt Service Fund to the Water <br />Operating and Sewer Operating Enterprise Funds. VOTE: Ayes 5, Nays 0. <br />*( #13) CITY ADMINISTRATOR COMPENSATION ADJUSTMENTS <br />Peterson moved, Sansevere seconded, to approve the City Administrator's salary <br />adjustments as reflected in the City Administrator's December 15, 2000 memorandum. <br />VOTE: Ayes 5, Nays 0. <br />PAGE 9 <br />