The council adopted an ordinance authorizing the city “to borrow money from city utilities for current purposes in anticipation of taxes levied and to be collected.” The city borrowed $381,000 from the water department to cover budget shortfalls. The board of public works and safety met immediately after the council and passed a resolution authorizing lending $381,000 to the city.

Insurance

Marilyn McCullough, with Thompson Insurance, told the council there will be no rate increase for city employees. She said those covered by the city’s insurance will receive a $500 wellness benefit, entitling them to preventive screenings covered 100% up to $500.

Resolution

The council passed a resolution accepting the Meredith Hotel property, transferred “as is” from the county.