Board of Aldermen — 4/11/17 Page 11
MOTION CARRIED
Resolution R-17-091 declared duly adopted.
R-17-092
Endorsers: Mayor Jim Donchess
Alderman-at-Large David W. Deane
Alderman Ken Siegel
Alderman Richard A. Dowd
Alderman-at-Large Michael B. O’Brien, Sr.
AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS NOT TO EXCEED
THE AMOUNT OF THIRTY-SEVEN MILLION FIVE HUNDRED THOUSAND DOLLARS
($37,500,000) TO FUND A MULTI-YEAR PAVING PROJECT
Given its second reading;
MOTION BY ALDERMAN DEANE TO AMEND R-17-092 IN ITS ENTIRETY BY REPLACING IT WITH THE
GOLDEN ROD COPY PROVIDED WITH THE AGENDA
ON THE QUESTION
Alderman Deane
I’d like to reflect the amendments that | made. The first one was in the title where after the word “fund” we
added “the first five years of a multi-year paving project.” And in the first paragraph down below, we added the
number “20” after the number 15. Those were the two amendments that were made.
A Viva Voce Roll Call was taken, which resulted as follows:
Yea: Alderman Wilshire, Alderman Clemons, Alderman Deane
Alderman Cookson, Alderman Dowd, Alderman Caron
Alderman Siegel, Alderman Schoneman, Alderwoman Melizzi-Golja
Alderman McGuinness, Alderman O’Brien, Alderman Lopez,
Alderman McCarthy 13
Nay: Alderman LeBrun, Alderman Moriarty 2
MOTION CARRIED
MOTION BY ALDERMAN DEANE FOR FINAL PASSAGE OF R-17-092 AS AMENDED BY ROLL CALL
Alderman Moriarty
Without reviewing everything that we discussed at the most recent Budget Review Committee, | would still like
to touch upon the highlights and try to simplify things for anybody who might be new to this. If someone was to
come up to you and give you a presentation and say | am going to building you a car that has 500 horsepower,
and then the person on the same team and says I’m going to build a car for you that gets 50 mile per gallon,
you would immediately know instinctively that those two cars are not the same car. Then you would ask about
it and at some point if you wanted to resolve if it were the same car, you would instinctively understand that
you can’t get the 500 horsepower and the 50 miles per gallon at the time. The presentation that we got at the
Budget Review Committee is analogous to that.
We had a presentation that was a good presentation. They used software and quantified the results of it. The
presentation said that if you spend this much money the roads will improve. Right after that person gave that
presentation, the same group of people, the same staff, gave a presentation and presented a cost, a budget
that showed taking a bond out for five years and spending 20 years to pay it off. After looking at the two |
