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� <br />City Council Minutes <br />Apri15, 2011 <br />Page 6 of 10 <br />----------------------------- <br />reduction of active fire fighters which has decreased the liability and the <br />fact that the State Board of Investments have had substantial gains since <br />2008. <br />COUNCIL MEMBER SJOBLAD MOVED TO APPROVE THE REQUEST <br />TO INCREASE THE YEARLY PENSION RATE FROM $2,900 TO <br />$3,300. COUNCIL MEMBER AKERSON SECONDED THE MOTION. <br />Council Member Ryan stated that he had concerns regarding the <br />increase. He stated that he is not clear of the amount of surplus and the <br />reasons for the surplus. Council Member Ryan suggested that the City <br />could reduce its contribution to the fund. Council Member Ryan also talked <br />about concerns of fund performance in the future. <br />Mayor Adams stated her concern regarding a report in the Wall Street <br />Journal indicating that the average interest is now at .24%. <br />It was suggested that this item be tabled to provide the Council time to <br />discuss this in more depth with the Fire Relief inembers. <br />COUNCIL MEMBER RYAN MOVED TO TABLE THE MOTION UNTIL <br />� THE NEXT REGULAR COUNCIL MEETING. COUNCIL MEMBER <br />AKERSON SECONDED THE MOTION. THE MOTION CARRIED 4-1. <br />COUNCIL MEMBER SJOBLAD OPPOSED. <br />8. Police Department Monthly Report <br />Report received by Council. <br />9 Water/Wastewater Monthly Report <br />Report received by Council. <br />10. Maintenance Department <br />11. City Engineer's Report <br />City Engineer Tim Houle provided a verbal update on the Government <br />Drive Project. He reviewed a proposed schedule of ineetings that will be <br />held to provide property owners along corridor, the general public and the <br />Planning Commission an opportunity to comment on the project. <br />MAYOR ADAMS MOVED THAT THE FOLLOWING MEETINGS BE <br />�,, HELD FOR THE GOVERNMENT DRIVE PROJECT AND TO CALL <br />