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CASSELBERRY CITY COMMISSION Minutes of November 18,2019 — Regular Meeting Page 12 of 18 Budget Impact: There is no impact to the City Budget. Recommendation: The City Manager and the Community Development Director recommended adoption of Ordinance 19-1524 on second and final reading. Public Hearing: Vice Mayor Aramendia stated this was a public hearing to hear and consider comments and questions regarding Ordinance 19-1524. Vice Mayor Aramendia opened the floor for public participation. The following individual came forward to address Ordinance 19-1524: Mr. Jim Lewis, 170 South Triplet Lake Drive, expressed concerns about a neighbor who has a rooster that keeps him up all the time. Vice Mayor Aramendia advised that at this time public comments were restricted to the current agenda item relating to Ordinance 19-1524, and Mr. Lewis could voice his concerns later in the meeting during Citizens Comments. No one else came forward to address Ordinance 19-1524. Vice Mayor Aramendia closed the public hearing relative to Ordinance 19-1524. MOTION: Commissioner Busch moved to adopt Ordinance 19-1524 on second and final reading, as presented. Motion was seconded by Commissioner Hufford. Mayor Glancy returned to the Commission Chambers at 5:42 p.m.. Motion carried unanimously by voice vote 5-0. B. Second Reading of Ordinance 19-1525 — Authorizing the Issuance of Utili System Revenue Bond, Series 2019 The City Cleric read Ordinance 19-1525 by title, as follows: "AN ORDINANCE OF THE CITY OF CASSELBERRY, FLORIDA, AUTHORIZING THE ISSUANCE OF ITS NOT TO EXCEED $8,000,000 UTILITY SYSTEM REVENUE BOND, SERIES 2019 IN ORDER TO FINANCE THE CITY'S METER REPLACEMENT PROGRAM AND OTHER CAPITAL COSTS; PROVIDING AUTHORIZATION FOR THIS ORDINANCE; PROVIDING FINDINGS; PROVIDING FOR THE PAYMENT OF SUCH BONDS FROM THE NET REVENUES DERIVED FROM THE WATER AND SEWER SYSTEM OF THE CITY; AND PROVIDING AN EFFECTIVE DATE." Notice of Public Hearing: The Notice of Public Hearing relative to second reading of Ordinance 19-1525 was advertised in the Orlando Sentinel on Thursday, November 7, 2019. Staff Presentation: City Manager Randy Newlon stated that Ordinance 19-1525 provides for the City to authorize the issuance of Utility System Revenue Bond, Series 2019, in the not -to -exceed aggregate principal amount of $8,000,000 for the primary purpose of replacing the majority of the City's utility meters system wide with new meters and an improved level of technology.