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CASSi',LBirRRY CITI' COMMISSION <br />Minutes of July 25, 2011-Regular Meeting <br />Page 11 of 18 <br />201-0000-381.10-00 Transfer from Fund 001 $ 31,015 <br />001-0190-519.91-04 Transfer to Fund 201 $ 31,015 <br />001-0000-389.90-00 OtherNon-Operating Sources $ 31,015 <br />305-0000-389.90-00 Debt Proceeds $5,305,000 <br />DECREASE: <br />305-0000-389.90-00 Other Non-Operating Sources $5,305,000 <br />201-0000-389.90-00 Other Non-Operating Sources $ 50,000 <br />Recommendation: The City Manager and the Finance Director recommended approval of Resolution 11- <br />2287 and related Budget Amendment #11-048. <br />Audience Input: The following individual came forward to address Resolution 11-2282: <br />1) Mr. John Casselberly, 700 South Lost Lake Lane, suggested exploring utilizing concrete <br />instead of asphalt for roadway resurfacing because it has a longer lifespan. <br />MOTION: Vice Mayor Miller moved to approve Resolution 11-2287 and related Budget <br />Amendment #11-048, as presented. Motion Ivas seconded by Commissioner <br />Hufford. <br />DISCUSSION: Commissioner Solomon inquired if there was a major price difference between utilizing <br />concrete instead of asphalt. The City Manager and the Public Wotks Director stated the cost <br />of concrete is substantially higher. Commissioner Doerner stated she was voting against <br />Resolution 11-2287 because she felt there needs to be a more efficient way to complete all of <br />the necessary resurfacing projects, rather than just completing a pol•tion thereof. <br />Motion carried by voice vote 4 -1 (Commissioner Doerner dissenting). <br />C. Resolution 11-2289 - Request to Pay-Off Sales Tax Refunding Note, Series 2008 - <br />15 Acre Triplet Lake Drive Proberty and Related Budget Amendment #11-046 <br />The City Clerk read Resolution 11-2289 by title as follows: <br />"A RESOLUTION OF THE CITY OF CASSELBERRY, FLORIDA, AUTHORIZING THE PAYOFF <br />IN ADVANCE OF MATURITY DATE OF SALES TAX REFUNDING NOTE, SERIES 2008 <br />APPROVED VIA RESOLUTION 08-1956; PROVIDING FOR CONFLICTS, SEVERABH,ITY AND <br />AN EFFECTIVE DATE." <br />Staff Presentation: Ml•. Randy Newlon, Finance Director, stated Resolution 11-2289 and related Budget <br />Amendment # 11-046 allow for the pay-off in frill of an outstanding loan with SunTrust Banlc related to the 15 <br />