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REGULAR INIEETING OF THE OROPdO COUNCIL, JULY 25, 1978 Page 22 <br /> A memo from Dick Benson, City Administrator, on EMERGENCY FUND* <br /> the asterisk agenda dated July 20, 1978, states: <br /> I recommend Council approval establishing a new <br /> account within the General Fund which will be <br /> classified as an Emergency Fund. �aith approval - <br /> directing a resolution to be submitted at the <br /> August 15, 1978 Council meeting, we will designate <br /> within that resolution how monies will be dispersed <br /> as future current value credits to this account. <br /> Debt service credits will be credited to the <br /> debt service Fund as outlined in previous mer.ios. <br /> Massengale moved, Butler seconded, to request <br /> staff to present a resolution for the August 15, <br /> 1978 Council meeting authorizing the establishment <br /> of an emergency fund. Motion, Ayes (3) - Nays (0) . <br /> Massengale moved, Butler seconded, to adopt RESOLUTION #926* <br /> Resolution #926, A Resolution To Increase The Treasurer' s Change Fund <br /> Treasurer' s Change Fund. r4otion, Ayes (�) - <br /> Nays (0) . <br /> Massengale moved, Butler seconded, to accept INVESTMENTS REPORT* <br /> the report on the asterisk agenda from Thomas January-June 30, 1978 <br /> Kuehn, Finance Director, concerning investments <br /> through June 30, 1978. PZotion, Ayes (3) - <br /> Nays (0) . <br /> P�4assengale moved, Butler seconded, to accept GEPdERAL FUND STATUS* <br /> the report on the asterisk agenda from Thomas January-June 30, 1978 <br /> Kuehn, Finance Director, concerning the General <br /> Fund status as of June 30 , 1978. L�otion, _ � <br /> Ayes (3) - Nays (0) . <br /> Massengale moved, Butler seconded, to approve LICENSES* <br /> the following licenses: Motion, Ayes (�) - <br /> Nays (0) . <br /> Residential Kennel Licenses <br /> Holly Berry Irish Setters-Mrs. George Ronald - 2480 Old Beach Road <br /> Timothy & Joanne Peterson- 280 Orono Orchard Road <br /> General Licenses <br /> Dependable Services - Garbage Hauler <br /> Loren Brown Plui*►bing - Plumber <br /> Jerry Johnson - Sewage Disposal Installation <br /> Louis H. Peter Company - Plumber <br /> Stant Plumbing & Heating - Plumber & Sewer Hookup <br /> Stevens Well Drilling Company - Well Driller <br />