07-22-1996 Council Minutes - Laserfiche WebLink

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` MINUTES OF THE REGULAR ORONO CITY COUNCIL MEETING HELD ON JULY 22, 1996 ( #11) SCHEDULE 1997 BUDGET WORK SESSION Budget work sessions were scheduled for Tuesdays, August 6 and August 13 at 8:00 a.m. ( * #12) REPLACEMENT OF SANDER - PUBLIC WORKS DEPARTMENT Jabbour moved, Hurr seconded, to approve the purchase of one sander from Aspen Equipment Co. for one dual spinner sander for an amount of $2,189. Vote: Ayes 5, Nays 0. ( #13) DONATION OF CAR FOR DARE PROGRAM USE Moorse reported that a part-time police officer has offered the use of his classic car to promote the DARE program. This would be similar to what other cities have done with using the car to promote interest in the program by kids. Callahan asked Moorse to contact the City's insurance agent regarding this use after granting permission for the use and expressing his appreciation of Officer Carlson's donation. Hurr asked if Officer Carlson would be using the vehicle while on duty and how this • affected the liability issue. Moorse said the car title would remain in Carlson's name. He added that other officers may be the drivers of the car. is ( #14) TRANSFER OF GENERAL FUND RESERVES TO THE PIR FUND Moorse reported that this item is the transfer of reserves from the general fund to the PIR fund as previously discussed in Item #10 for the general stormwater plan and projects. Kelley noted that the General Fund reserve at the end of 1995 was over one million dol I ars. He asked if 10% of the reserve is moved into the PIR Fund, and another 25% is to be taken to purchase the "library" property, will there be sufficient reserves remaining? Moorse indicated in the affirmative. Kelley asked, out of the general fund reserve, how much was designated and could not be touched. Jabbour said these funds could always be touched. Moorse clarified that $150,000 was designated for vacation and sick leave, $950,000 for working capital, $100,000 for HACA, and $100,000 for contract revenue loss. 11