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MINUTES OF THE � <br /> ORONO CITY COUNCIL MEETING <br /> February 9,2015 <br /> 7:00 o'clock p.m. <br /> (14. 4�h QUARTER FINANCIAL REPORT continuea� <br /> The City also had$1.3 million of debt service due on February 1. The City's total investments are$17.2 <br /> million,which is approximately where they were last year at this time. <br /> Olson stated budget adjustments for the departments that are over budget will be prepared for the <br /> Council's approval as part of the February 23 meeting. The overall expenditure budget will not be <br /> increased and the increases to the individual department budgets will be offset by budget reductions in <br /> other departmental budgets. <br /> CITY ADMINISTRATOR'S REPORT CONTINUED <br /> Loftus noted many of the budget overages were offset by increased revenues and overall the 2014 Budget <br /> is very positive. <br /> Loftus reported the Fire Advisory Board met approximately one week ago and that they discussed the <br /> upcoming Centennial celebration. Loflus indicated no specific plans have been set at this point. The fire <br /> department was at 99.27 percent of expenditures for the year and was partly as a result of reduced calls in <br /> 2014. <br /> Loftus noted the City has a couple of residents and Park Commissioners who are helping to host an <br /> intergenerational conversation about the future in Orono. That event has been scheduled for Apri19 at <br /> 6 p.m. in the Council chambers. <br /> Loftus stated a fair amount of time at the meeting with Hennepin County was spent talking about the <br /> Kelly Avenue access. Hennepin County is very aware of Orono's concerns and they are looking at <br /> intermediate short-term options. Loftus stated if the grant goes through,Hennepin County will be <br /> redesigning that intersection. <br /> *CLAIMSBII.LS <br /> Levang moved,Cornick seconded,to approve payment of the All Fund Account. V01'E: Ayes 5, <br /> Nays 0. <br /> CITY ATTORNEY'S REPORT <br /> Mattick stated he had nothing to report. <br /> ADJOURNMENT <br /> Levang moved,Cornick seconded,to adjourn the Orono City Council meeting at 9:36 p.m. VOTE: <br /> Ayes 5,Nays 0. <br /> ATTEST <br /> Diane Tiegs, City Clerk Lili Tod McMillan,Mayor <br /> Page 26 of 26 <br />