HomeMy WebLinkAboutminutes.council.197112091242
$~e~J~!._Me~ng Aspen City COUnCil December 9~!97!
Meeting was called by the Mayor. Meeting was called to order at~5:05 p.m. by Mayor Ho-
meyer with C~umeilmen Scott Nystrom, Ross Griffin,'Jack Walls, Ramona Markalunas, Francis
Whitaker, City Manager Leon Wurl and Finance Director Veeder~ >~
Meeting calked to~tranfer funds.
City Manager Wurl pointed out the following causes for this tranfer: (1) Collections of Transfer of
past due assessment in the amount of $35,300.00; (2) Utility bills which are 30, 60 and Funds
90 days behind - Electric $28,000, Water - $13,015; (3) Grant money on the swimming pool
not collected $69,821.00. Total due from Water Construction Account to Water Operating
Account $124,000. Requesting to borrow $100,000 until December 31st when the CD's can be
cashed.
Manager Wurl outlined the itmes which were involved with the Water Construction Account
bond monies.
Council request the Finance Director discuss with the local banks the amount of interest
that can be obtained on CD's~ Further request the City Manager prepare a list of those
itmes involved in the water bond money.
Councilman Griffin moved to authorize the Finance Director to borrow money up to S100,000
until December 31st. Seconded by Councilman Walls. Roll call vote - Councilmen Nystrom
aye; Griffin aye; Markalunas aye; Walls aye; Whitaker aye; Mayor Homeyer aye. Motion
carried.
Fire Department Dinner - It was reported the dinner would be on Saturday, December llth, Fire Department
Starboard Tack at 6:00 p.m. Dinner
~. ~/'L~orraine Graves, Czty Clerk