Minutes 10/28/1986 - Laserfiche WebLink

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~ . Ii 0-9 ~! TUESDAY, OCTOBER 28, 1986 $353,821.00 to $372,279.00), Mr. Brown recommended that consideration of this proposal be held in abeyance until a determination is made as to whether an alternative method of obtainiing this coverage can be found, during which time the City would remain self-insured for its general liability exposure. Mean- while, Council concurred with Councilman Cole's request that a safety program recommended by City Manager Brown in his proposed 1986-87 City Budget, under the guidance of Mr. Oakley H. Fitzgerald (funds for which were deleted in the ,-",- adopted 1986-87 City Budget), be placed on the agenda for Council's next regular meeting (November 11, 1986) for further consideration by Council. After receiving from City Manager Brown a recommended '~equest for Proposal" to provide independent auditing services to the City for the City's next three fiscal years (viz., years ending June 30th, 1987 through 1989), Council approved said "RFP" and directed that proposals be invited from certified pub- lic accounting firms located both within the City of Martinsville and outside the City. Council also approved a "Request for Proposal" format, presented by City Manager Brown, by which the City will entertain financing bids to enable the City to refund (or refinance) its unredeemed General Obligation Water Bonds in the amount of $1,258.999.60 (principal). As suggested by Mr. Brown, this matter will be returned to Council for final authorization to proceed, pending approval of the proposed refunding by the State Commission on Local Debt. Upon being informed that a public hearing will be conducted on October 30, 1986, by an appropriate agency to determine whether to issue a certificate of public need for the Dorn-Will Development Corporation's proposed nursing home project on the former "Salmons" property off East Church Street (see Council