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Athens Council suspends rules to adopt banking resolutions, amends salt purchase and confirms appointments
Summary
Athens City Council on Jan. 20 suspended rules to adopt two finance resolutions, amended an ordinance to authorize $230,000 for annual water-softening salt, approved interfund transfers and confirmed appointments to the Municipal Arts and Affordable Housing commissions.
Athens City Council suspended its normal timing requirements and unanimously adopted two finance resolutions, amended a procurement ordinance and confirmed several commission appointments during its Jan. 20 meeting.
The council voted to suspend the rules and adopt Resolution R01-26, which directs the treasurer to solicit applications and estimate interim deposits for funds not needed for six months. Member Thomas said "the city is estimated over the next 5 years to have 35,000,000 available at interim periods available for deposit," a figure the council cited in discussing the investment timeline. The council also…
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