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CITY OF CASSELBERRY <br />CITY COMMISSION <br />The City Commission of the City of Casselberry held a workshop on Monday, July 11, 201 lat 6:00 p.m., <br />Casselberry City Commission Chambers, 95 Triplet Lake Drive, Casselberry, Florida. <br />ELECTED OFFICIALS PRESENT: <br />Charlene Glancy, Mayor/Commissioner - Seat No. 5 <br />Jon Miller, Vice Mayor/Commissioner — Seat No. 2 <br />Colleen Hufford, Commissioner - Seat No. 4 <br />Sandra Solomon, Commissioner - Seat No. 3 <br />Susan Doerner, Commissioner — Seat No. 1 <br />STAFF MEMBERS PRESENT: <br />Barbara Lipscomb, City Manager <br />Donna G. Gardner, City Clerk <br />Kelly Brock, Assistant Public Works Director/City Engineer <br />Dave Del Rosso, Police Captain <br />Mark Gisclar, Public Works Director <br />Don Martin, Community Development Director <br />Randy Newlon, Finance Director <br />1. CALL TO ORDER <br />Mayor Glancy called the workshop of the Casselberry City Commission to order at 6:06 p.m. <br />2. ROLL CALL <br />The City Clerk called the roll of Elected Officials. All were present. <br />3. DEBT OPTIONS <br />City Manager Barbara Lipscomb gave a brief introduction of the issues to be addressed at the workshop. <br />Presentation: Mr. Randy Newlon, Finance Director, gave a presentation regarding the City's debt options. <br />He explained the City's current debt situation and provided the following four options for the Commissioners' <br />consideration: <br />• Option 1 — Payoff notes with General Fund Reserves ($5,305,000) <br />Capacity to borrow to field future projects restored <br />