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THURSDAY, NOVEMBER 12, 1998 <br /> <br />the City' s ele. ctr4caigrid,-and hnpruvetnen~s in-~le o-perm-ion xn~ne City~s~e-~ 'system: -]xt-terms of <br /> <br />cost for the system, Mr. Reynolds stated that this years work would cost about $154,000, and that about 70% <br />of those funds would be needed prior to June 30, 1999. He then asked Council to appropriate funds <br />necessary to purchase the needed equipment at this time. Couneit Member Roop expressed-his displeasure at <br />having to consider such an unfunded and unbudgeted item part way through the Fiscal Year. He asked where <br />the funds would come from and was told that they would come from the Electric Fund fund balance. Vice- <br />Mayor Teague stated that in the-next Fiscal Year he wanted to see the balance of funds for the project <br />appropriated in the budget. There was consensus expressed by Council that the work on the system should be <br />continued, and that the transfer from the Electric Fund should be accomplished to continue the project this <br />fiscal year. <br /> <br />There being no further business to come before Council during their meeting, upon motion duly seconded, by <br />unanimous vote, Mayor Crabtree declared the meeting adjourned. <br /> <br />Assistant City ~anager and C~//~fof Council <br /> <br /> <br />