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Council approves first reading of Ordinance 92 to establish Gundersen Endowment Fund
Summary
Councilor Bob Anderson moved and Councilor Kevin Norby seconded approval of the first reading of Ordinance 92, establishing a Gundersen Endowment Fund; the motion passed unanimously. Details about the fund’s purpose and funding sources were not specified in the minutes.
The City of Tower City Council approved the first reading of Ordinance 92 to establish the Gundersen Endowment Fund at its March 10 meeting.
"Motion by Councilor Anderson to approve the first reading of Ordinance 92 Establishing the Gundersen Endowment Fund. Second by Councilor Norby. Motion passed unanimously," the minutes state.
The minutes record no additional detail about the ordinance text, the fund’s purpose, governance, or funding sources. As a first reading, additional readings or formal adoption steps are expected before the ordinance becomes final, but the minutes do not state the next procedural date.
The council’s approval at first reading moves the ordinance forward for subsequent consideration.
