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352 <br /> 44°014,,,1 <br /> S8 898122 11,1983 <br /> :14.001: 1 Councilman Overstreet asked 8260Y 8111#2 his feelings on the insurance <br /> limits and he replied he felt the Association would keep on top of <br /> insurance changes for their own benefit and protection. . <br /> moved by Councirvan Stephenson,seconded by Councilman Gipson,to <br /> II:1', authorize the Mayor to enter into an agreement for Police Association <br /> and training facility at Forest Park pistol range site. <br /> Moved by Councilman Overstreet,seconded by Councilmen Stephaneon,to <br /> amend Section 4 by adding.Said minimum limits s0all.be reviewed at <br /> least every five years.ro may be adjusted if policy of City generally <br /> adopts changed mininmms". <br /> .',11 1',, Roll was called with all Councilmen voting yen,except Councilman <br /> ,L,,,1 9 Aldcroft,who was excused. <br /> , ... Amendnmnt Carried <br /> 'i i.,,4 Moved by Councilmmn Gipson,seconded by Councilman Overstreet,to <br /> amend the agreement by adding to the end of Section 5"plus interest <br /> of 508 of.e prime rate of the O.S.Federal Reserve on each annual <br /> anniversary of the City's notice to vacate.. <br /> '1 90 0.'' Councilman Stephenson asked Mr.Miller what the Association's Thoughts <br /> were on the interest they were auking and he replied they were going <br /> to sPend aPPiozbflatelY 4100,000 for the building a.if they were to <br /> be asked to vacate they felt they should be entitled to interest on <br /> their investment if the City chose to pay in installments. <br /> Bruce Jones said no interest payment had been recommended in considera.o <br /> on the use of ground space. <br /> Councilman Stephannon spoke against the motion as he felt it was not <br /> 7. 9i,1 1 realistic. <br /> Roll was Felled with Councilmen stephanson,Overstreet and Pope voting <br /> no Councilmen Michelson,Longue and Gipson voting yes,and Councilman <br /> Aldroft,who was excused. <br /> . 'I'r 1''9i Amendment Failed <br /> Moved by Councilman Stephenson,seconded by Councilman Overstreet,to <br /> 'i';'I.,,I11I'I amend Section 5 by adding.plus interest at 16 less than the prime rat. <br /> of the O.S.Federal Reserve,as determrved on the anniversary dare of <br /> f Li a,,.',, the City's notice to vacate and eacb year thereafter on the unpaid <br /> h balance.. <br /> Roll was caned...all Councilmen voting 592,excePT Co....en <br /> Aldcroft,who was excused. <br /> ' Amendment Carried <br /> Roll was called on the motion to authorize the agreemenb,as amended, <br /> with all Councilmen voting yes,except Councilman Aldcroft,who was <br /> excused. <br /> ',II...II . . Motion Carried 976°H,9 ' <br /> L°012i,00, <br /> ___—.. <br />