The Council of the Village of Riverlea met on the above date at 230 W Riverglen Drive, Riverlea. The following Council members were present: Mayor Kirk M. McHugh, Michael A. Blanchard, Jenny D. Jones, Eric A. MacGilvray, Scott K. Gordon, Josh Schoenberger, and Jacalyn Slemmer. Also present were Joshua C. Mehling, Clerk-Treasurer and L. Leah Reibel, Solicitor. At 7:04 pm the Mayor called the meeting to order.
MacGilvray stated that he had spoken with a representative from MORPC, who had assured him that requesting the full $7 million would not harm the village’s chances of receiving financial aid in any way. The Clerk Treasurer stated that he had spoken with Dennis Schwallie, Bond Counsel from Dinsmore & Shohl about the interest rate stated in the ordinance and felt comfortable with a rate of 4.25%
Jones moved and Schoenberger seconded the motion to revise Ordinance 06-2015 to include an interest rate of 4.25%. The motion passed unanimously (6-0). Schoenberger moved and Blanchard seconded the motion to waive the three readings of this resolution, so that it could get on the November ballot. The motion passed unanimously (6-0). Jones moved and Schoenberger seconded the motion to adopt this resolution. The motion passed unanimously (6-0).
Council agreed to set a special meeting to approve the ordinances for the general fund and the infrastructure project on Monday, August 3 at 6:30 at 230 W Riverglen.
Kirk M. McHugh, Mayor
Joshua C. Mehling, Clerk of CouncilGo to top of page.