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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 /> ___—..
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