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<br />I <br /> <br />I <br /> <br />I <br /> <br />Council Meeting Minutes <br />March 11, 1986 <br /> <br />Council Business, continued <br /> <br />Egan stated an article could be published in April. <br /> <br />Schmidt asked if there was a way to measure what would be a <br />desirable size for a polling place and a precinct; Synan stated <br />she had not surveyed other communities who have used smaller <br />polling places; Egan indicated that staff has attemped to adapt <br />to trends in voting, noting there will always be limitations. <br /> <br />Benke asked if we can make better changes now and fewer at a <br />later date; Egan stated Berger Brothers is a poor polling place <br />and we need to make that change at this time. <br /> <br />Motion by Gunderman, seconded by Schmidt, to WAIVE THE READING <br />AND ADOPT A RESOLUTION AUTHORIZING CHANGES IN PRECINCTS CONTIN- <br />GENT ON PUBLIC COMMENT TO PUBLISHED INFORMATION. <br /> <br />Williams felt this appears to be a step in the right direction, <br />but expressed concern that changes are not made too frequently. <br /> <br />Synan stated that, by law, we cannot change the boundaries between <br />1987 and 1991; and that the area in Precinct Four will hopefully <br />be developed and we will have an opportunity to develop smaller <br />precincts in 1992. <br /> <br />Williams appreciated all of the work Synan had done. <br /> <br />5 Ayes - 0 Nayes, Motion Carried <br /> <br />Egan introduced Shirley Hogan and Steve Zenz, Financial Policy <br />Advisory Board members, who then made a presentation of a <br />proposed resolution approving cash management and investment <br />poliCY. <br /> <br />Hogan reviewed staff report and summarized the proposed resolu- <br />tion. <br /> <br />Benke asked if disbursements being made on the last reasonable <br />date was normal practice; Zenz responded that the only problem <br />would be a history with some vendors, but stated that most <br />businesses pay on the due date. <br /> <br />Concerning the number of required signatures, Egan stated that <br />the plate we currently use has three signatures (Mayor, City <br />Manager, Finance Director); Brandt then indicated it would not <br />matter how many signatures were required if they were all done <br />simultaneously. <br /> <br />Brandt stated this policy gives more direction and is more re- <br />strictive than state statutes; Hogan stated reporting procedures <br />are not stated in the statutes. Zenz also pointed out that the <br />policy defines depositories by size and location. <br /> <br />Page Five <br /> <br />Cash Management and <br />Investment Policy <br />Report 86-58 <br />Resolution 86-19 <br />