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<br />City Council Minutes <br />October 23, 2000 <br /> <br />Page 4 <br /> <br />. 4.2. Consider Resolution Awardina Bond Sales <br /> <br />COUNCILMEMBER DIETZ MOVED TO ADOPT RESOLUTION 00-91 ACCEPTING OFFER <br />TO PURCHASE THE CITY'S $800,000 GENERAL OBLIGATION TAX INCREMENT BONDS, <br />SERIES 2000A AND PROVIDING FOR THEIR ISSUANCE. COUNCILMEMBER THOMPSON <br />SECONDED THE MOTION. THE MOTION CARRIED 5-0. <br /> <br />COUNCILMEMBER DIETZ MOVED TO ADOPT RESOLUTION 00-92 PROVIDING FOR THE <br />ISSUANCE AND SALE OF THE CITY'S $1,275,000 GENERAL OBLIGATION PERMANENT <br />IMPROVEMENT REVOLVING FUND BONDS, SERIES 2000B. COUNCILMEMBER MOTIN <br />SECONDED THE MOTION. THE MOTION CARRIED 5-0. <br /> <br />COUNCILMEMBER FARBER MOVED TO ADOPT RESOLUTION 00-93 PROVIDING FOR <br />THE ISSUANCE AND SALE OF THE CITY'S $900,000 GENERAL OBLIGATION <br />IMPROVEMENT REFUNDING BONDS, SERIES 2000C. COUNCILMEMBER MOTIN <br />SECONDED THE MOTION. THE MOTION CARRIED 5-0. <br /> <br />COUNCILMEMBER MOTIN MOVED TO ADOPT RESOLUTION 00-94 ACCEPTING OFFER <br />TO PURCHASE THE CITY'S $510,000 TAXABLE GENERAL OBLIGATION TAX INCREMENT <br />REFUNDING BONDS SERIES 2000D AND PROVIDING FOR THEIR ISSUANCE. <br />COUNCILMEMBER FARBER SECONDED THE MOTION. THE MOTION CARRIED 5-0. <br /> <br />4.3. <br /> <br />Benefits Committee Uodate <br /> <br />. <br /> <br />Finance Director Lori Johnson updated the council on the progress of the Benefits <br />Committee. She explained that the committee is still waiting for information from <br />one of the insurance providers. She noted that it is the intention of the committee <br />to bring a final proposal to the council on November 13. <br /> <br />4.4. <br /> <br />Resolution Awardina The Sale Of The Citv's $198,200 General Obliaation <br />Eauioment Certificate Of 2000: Fixina Its Form And Soecifications: Directina Its <br />Execution And Deliverv: And Providina For Its Payment <br /> <br />Finance Director Lori Johnson explained that the proposed resolution awards the <br />sale of the city's 2000 equipment certificate in the amount of $198,200. She <br />indicated that this figure is under budget by $17,600. <br /> <br />COUNCILMEMBER DIETZ MOVED TO ADOPT RESOLUTION 00-95 AWARDING THE SALE <br />OF THE CITY'S $198,200 GENERAL OBLIGATION EQUIPMENT CERTIFICATE OF 2000; <br />FIXING ITS FORM AND SPECIFICATIONS; DIRECTING ITS EXECUTION AND DELIVERY; <br />AND PROVIDING FOR ITS PAYMENT. COUNCILMEMBER THOMPSON SECONDED THE <br />MOTION. THE MOTION CARRIED 5-0. <br /> <br />7. Other Business <br /> <br />7.1. <br /> <br />Political Advertisina <br /> <br />. <br /> <br />Council member Thompson questioned the rules for allowing political <br />advertising at council meetings and also how city employees are <br />affected by the rules. The city administrator indicated that he did not <br />know of any restrictions other than what is covered by state law, but <br />