HomeMy WebLinkAbout06-26-85June 26, 1985 ~~~~
Minutes of the Special Meeting of the Pulaski Town Council held June 26, 1985,
at 5:00 p.m. in the Council Chambers of the Municipal Building.
There were present: Mayor Raymond F. Ratcliffe, presiding
Councilmembers: John A. Johnston, Robert N. Glenn, James M. Neblett,
C. E. Boyd, Jr., James R. Neighbors., Ira S. Crawford,
Mary Lou Copenhaver, Glen K. Aust
Also Present: Frank Terwilliger, Town Attorney
D. E. McKeever, Town Manager
Ruth A. Harrell, Clerk
Anne Burgess, Assistant to the Town Manager
Visitors: Dee Ann Lindsey of the news media
Gary Cutlip, Town Treasurer
The invocation was given by Councilman Boyd.
WAIVER OF NOTICE OF SPECIAL MEETING
We. the undersigned, duly elected members of the Council of the
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Town of Pulaski, Virginia, hereby waive notice of a Special Meeting
of said Council at 5:00 p.m. on the 26th day of June, 1985, for the
purpose of adopting the fiscal year 1985-86 budget, and any other
business that may legally come before the Council.
J1ayQr Ratclif.fQ stated the purpose of the special meeting is to adopt the
1985-86 budget for the Town of Pulaski. A public hearing on the proposed budget was
held June 18, 1985.
Councilman Neblett moved that Council dispense with reading of the resolution
adopting the budget, seconded by Councilman Neighbors and carried.
Councilman Crawford made a motion that resolution be adopted approving the F/Y
F/Y 1985-86 budget, seconded by Councilman Boyd.
86/86 Councilman Crawford, Chairman of the Finance Committee, stated we had been
Budget
adoptedpresented one of the better budgets. It is very informative, professionally put to-
gether, easily understood, expenses have made a downward turn from other prior years
and he was personally pleased with the budget.
Motion carried on the following recorded vote:
John A. Johnston - Aye James R. Neighbors -Aye
Robert N. Glenn - Aye Ira S. Crawford - Aye
James M. Neblett - Aye Mary Lou Copenhaver - Aye
C. E. Boyd, Jr. - Aye Glen K. Aust - Aye
WITNESS our signatures this 26th day of June, 1985.
~1 V~~ June 26, 1985
RESOLUTION APPROVING. THE BUDGET FOR THE TOWN OF PULASKI, VIRGINIA
FOR THE FISCAL YEAR BEGINNING JULY 1, 1985 AND ENDING JUNE 30, 1986
WHEREAS, the Town Manager of the Town of Pulaski, Virginia did present to
the Finance Committee of the Town Council of the Town of Pulaski, a proposed
RESOLUTION Town budget for the fiscal year beginning July 1, 1985, and ending June 30,
ADOPTING 1986; and
F/Y 85/86
Budget WHEREAS, said Finance Committee, together with other members of the Town
Council, did meet and review and revise said proposed budget, and did finalize
a proposed budget for said fiscal year, to be used for informational and planning
purposes only, pursuant to Section 15.1-160 et. secy. of the 1950 Code of
Virginia, as amended; and,
WHEREAS, a brief synopsis of said budget as proposed by the Finance Gommittee
was published as prescribed by law, together with a notice of public hearing to be
held on June 18, 1985; and,
WHEREAS, a public hearing on said proposed budget was held on June 18,
1985, by the Town Council meeting in regular session;
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Pulaski,
Virginia, that said proposed budget BE AND HEREBY IS APPROVED as the Budget for
the Town of Pulaski, Virginia, for the Fiscal Year beginning July 1, 1985, and
ending June 30, 1986, in accordance with Section 15.1-160, et. seq. of the 1950
Code of Virginia, as amended. i
PROVIDED, HOWEVER, that as in accordance with said Code, this budget is for
informative and fiscal planning purposes only, and in no event shall this approval
be deemed an appropriation. .Moreover, no money shall be paid out or become avail-
able to be paid out for any contemplated expenditures unless and until there has
first been made an annual, semiannual, quarterly or monthly appropriation for such
contemplated expenditure by the Town Council.
THIS RESOLUTION shall be effective upon its adoption.
ADOPTED this 26th day of June, 1985, by recorded vote of Council.
TOWN OF PULASKI
1985 - 86
BUDGET SUMMARY
REVENUES
General Fund $2,707,964
BUDGET Enterprise Funds 1,620,582
SUMMARY Internal Services 49,224
Cemetery Trust Fund 13,000
Revenue Sharing Fund 358,471
Grand Total $4,749,241
EXPENDITURES
General Fund $2,621,977
Enterprise Funds. 1,620,582
Internal Services 49,224
Cemetery Trust Fund 2,800
Revenue Sharing Fund 308,674
Grand Total $4,603,257
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Mr. McKeever advised we had one topic to bring to Council's attention. Insurance
on our automobiles, workers compensation and umbrella expires July 1, 1985. Quotati
were distributed for Council's review. Municipal governments are having a hard time
INSURANCE f inding certain coverages.On umbrella. coverage, we currently have 10 million dollar
coverage at a cost of $6,509. Quote received showed Old Dominion quoted $31,339 for
2 million and $20,935 for one million. VML was unable to quote.
On auto coverage, we can stay with same carrier (Old Dominion) at a cost of $35,703.
This rate has doubled from last year. Workers compensation can be obtained from agent
Alexis, company VML, at a cost of $32,535.
Messrs. McKeever, Cutlip and Glenn have been reviewing the insurance for the past
several weeks, trying to determine alternate sources.
Council discussed the subject of insurance at length. Mr. McKeever recommended
automobile coverage from Old Dominion, workers compensation from VML be approved, and
work to get umbrella coverage at best price.
June 26, 1985 '~~~~
Councilman Neblett moved that we accept Mr. McKeever's recommendation, seconded
by Councilman Crawford and carried on the following recorded vote:
John A. Johnston - Aye James R. Neighbors -Aye
Robert N. Glenn - Aye Ira S. Crawford - Aye
James M. Neblett - Aye Mary Lou Copenhaver - Aye
C. E. Boyd, Jr. - Aye Glen K. Aust - Aye
Messrs. McKeever, Cutlip and Glenn will get with the insurance companies and try
to get answer on umbrella coverage at a cheaper rate.
At 5:37 p.m., Councilman Neblett made a motion to adjourn, seconded by Councilman
Neighbors and carried.
ATTEST:
dl.t/LG~~./
Cle k of Council
1
APPROVED:
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