City Council Minutes 1986 04 22 - Laserfiche WebLink

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appropriate at this time to asked for any Council questions. Anderson asked for clarification of some of the figures in the Ordinance. Jordan detailed the dates and amounts within the installment portion of the Ordinance. Also, Anderson asked if the assessment was to :be paid in installments or at one time. Rautensi~raus stated that Hoyt indicated that payments will be made in installments. McStain does have 'the option to pay within 30 days of publication of the Ordinance and receive a 5~ discount. Mayor Fauson closed the Public Hearing. Mohr moved that Ordinance #890 be approved on First Reading, ordered published and Second Reading be set for May 6, 1986. Mayor Fauson seconded. Unanimous. AUDIT FINDINGS ACCEPTANCE AND REPORT FROM FINANCE COMMITTEE Hundley stated that. two of the three Finance Committee members ]zad not yet arrived at the meeting. All members did meet last week to discuss the audit where the auditors went over in detail. Technically, the City Council should accept the Audit Report based on the recommendation fronn the Finance Committee. This is a requirement of some of the City's bond obligations. Scarpella explained that the Finance Committee did meet and the auditors gave a good report of the City's financial status and practices. The Finance Committee recommends Council approve the City's audit. A Council Work Session has been set at a later date to discuss recommendations made by the auditors. Mayor Fauson moved that the Audit Report be accepted. Mohr seconded. Unanimous. RESOLUTION #23 - FIVE COUNTY COMMISSIONER BOARD Mohr moved that they City Council of the City of Louisville pass :Resolution #23 endorsing the expansion of the County Commissioners to five with representation from districts as opposed to the current three at large. David Leeds, 1753 F:egal Ct., Apt. B, spoke to Council regarding thhis issue. Mr. Leeds was appointed by the Couunty Commissioners to a seven 3