Laserfiche WebLink
reasons for the surplus. Council Member Ryan suggested that the City <br />L-- 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 />Council Action Requested: Council motion to increase <br />the benefit level. <br />� <br />�, <br />