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Fort Walton Beach Council minutes — 09-02-1992 Special — reading text

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is based on the amountof the downpayment. Discussion ensued on the lease/ purchase option versus paying cash for a fire truck, Chief Oblak added there is no prepayment penalty with a lease/ purchase agreement. Discussion impact to the budget with the turned to the addition of personnel positions; out of the water and sewer fund. one engineer; out of the general fund. three essential positions in the golf course. three employees for right- of- way maintenance. Mr. Nicholson moved to accept the FY 92/ 93 budget. with a lease purchase agreement for a fire truCk included. and the current millage rate to be 5. 62 for thegeneral fund. Motion was seconded by Mr. Campbell. Mr. Hambleton requested the motion be amended to delete the three additional employees for right-of~ ay maintenance. Mr. Nicholson accepted the amendment. The Finance Director reminded Council millage the mentioned is just for the adjusted and to budget to be prepare a budget based upon that figure, and that Council does not set the millage rate until September lOt h . The Mayor called for the vote on the motion. as amended. and it carried by a vote of 5 to 1. with Nicholson. Campbell. Deal. Hambleton. and Wyninegar in favor. and Gibson opposed ( Maney absent). HEALTH INSURANCE Mr. Hambleton presented for consideration to be discussed at a later date, that Council consider cutting out the life and health insurance benefits received by Council. then Council would have done a small part of saving the City some Ms. Gibson proposed having I money. a choice, either keep the health and life insurance or cut out the expense allowance.

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