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HomeMy WebLinkAbout1983-03-15 City Council Special MinutesCITY COUNCIL SPECIAL MEETING MARCH 15,1983 The special meeting of the City Council of the City of Apache Junction, Arizona,was held on March 15,1983, at the Apache Junction City Council Chambers pursuant to the notice required by law. PROPOSED RESOLUTION NO.83-07,LOCAL ALTERNATIVE EXPENDITURE LIMITATION ) )Councilman Damiano MOVED THAT BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION, ARIZONA, THAT RESOLUTION NO.83-07,A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,PINAL AND MARICOPA COUNTIES,ARIZONA,PROPOSING A LOCAL ALTERNATIVE EXPENDITURE LIMITATION FOR THE CITY OF APACHE JUNCTION,BE AND HEREBY IS APPROVED AND ADOPTED. Councilman Steelsmith seconded the motion. Mayor Clarke commented that in the event that this is approved for Apache Junction,the million dollars should be used in the repair of the city streets,with a percentage to go to publicprotectionandservices. Councilman Steelsmith agreed withthisstatement. City Manager Tuvell stated that 36 cities in Arizona have put this home rule option to a vote,and 35 have adopted this alternative. Controller Keith Lewis stated that the City has $800000.00 at a interest rate of 7%,with a total of $5,000.00. Mr.Tuvell informed the Councilthat$1 million is the projection for the end of the year. Councilman Damiano commented that the rnoney:shauCrd be put to use and not just be used to draw interest. Councilman Eidson agreed that the money could be put to necessary uses. VOTE:Unanimous The motion carried. ADJOURNMENT )Councilman Damiano MOVED THAT BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION, ARIZONA, THAT THE MEETING BE ADJOURNED AT 9:30 P.M. Vice Mayor Hill seconded the motion. ATTEST: Kathleen Connelly City Clerk 4.4,,e(fc"-,1 Wendell J. ClarKe Mayor