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Griffiths r�caci by utie only Ordmacxx No I 188. Saus 1 v95. "An Ord��nce rapealing and reenact�ng <br /> wich �mendmems Chapier l7 56 of the Lou�sv�llc Murucipal Code cor�ceriung fluodpla�n wrung " <br /> Paul Wood, Plu►ning Director, sutod that ttus is an amendment to the Floodplain Marsagement <br /> Regulxtions, Ciry of Louisvil�e. <br /> Dav�d.�on openod the public tx�ring and called fcx anyone wish�ng ta spes�k on Ordmancc No 1 188 <br /> NONE <br /> Davidsun c{osai the publ�c heanng and callod for Council conunents or motions. _ <br /> How�rd movod ttut Council a}�prove Ordinance No Z I 88, Senes f 995, an ord�nance for floodpl�n <br /> management regulatwns on second and final reading Seconded by Sisk Rall call wu taken <br /> Mot�an passed by a 7- 0��ote <br /> PRESENTATION - 199� AUB[T AND MANAG�MENT LETTER - BONDI & CO. — <br /> Dianne Ray, Finance Director, introduc�ci Kim Fi�g�ns, a partncr at Bandi & Company <br /> � — <br /> Hi�ns �ave a synops�s of the 1994 Audit and M1ar�agernent L.etter <br /> Mayer askai how much of a reserve �he City sh�uld be keep�ng from year to year — <br /> tG��ns stated that the�f would I�ke to see s�x months of operaun� reserves hcld, if possible <br /> Mayer wanted staf� as the Ciry ecttas the budget cyck, ta laok mto reducing tht h�gh �nterest bonds, <br /> thereby decreasing theu finanual exposu�e, roducing the Water �uad debt by half, w�th a yearly <br /> _ interest advanta�e being very sign�ficant, and reducing the C�ty's dependance an res�dential growth <br /> He askod staff to r�port back nn the feas�bility of do that <br /> Sisk commmencod thac �t had been disceissed ac yescerday's F�narx;e Committee rreecmg and scaft' would - <br /> be lookmg into �t � <br /> Lathrop complUrtented Mayor Davtidsc�n on hrs strong tinancia! batkground ar�d fiscal resp.�nsib►lity �_ <br /> d�splayed �n Lathrop's four years or� the Finance Commn�a He felt the C�ty's financ�al structure is � <br /> = attnbuted to the Mayor's ddigence and endeavors ►n �retting the C►ry �nto us strong tinanc�al pusition ,� <br /> � d; <br /> '� Uav�dsun c.alled for furlher Counc�� quest�ons - <br /> � � <br /> — tiUN�E ',� � <br /> � S <br /> � <br /> � 4 <br /> � . <br /> h <br /> � <br /> �iC •�' <br /> � �� <br /> -,� r �.��_.+�-�� -' \ r.. �..� r.�'^�" • � J <br /> •`� \� .� ' • ' • <br /> ,�,�ti� � ' � ` �� . <br /> � : ^ , � � :�_ ._ � � , . _ _ -- - <br /> , � ! • � _ _ ._ . . . �.,.�- .. . , <br /> •- � � .�..... - •- --- <br />