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1989-08-21 Council Study SessionPROCEEDINGS OF THE CITY COUNCIL CITY OF JANESVILLE, WISCONSIN STUDY SESSION 21 August 1989 Approved 18 September 1989 w/ CM McLean passing The City Council of the City of Janesville, held a study session in the Municipal Building 21 August 1989 at 6:30 p.m. The meeting was called to order by Council President Stockwell. Present: Council President Stockwell, Councilmembers Pierson, Collins, Pulliam, Stehura and Schneider. Absent: Councilmember McLean. 1. Review of the financial condition of the City. The Finance Director reviewed the financial status of the City on a fund basis for the Council and responded to their questions. 2. Review of the Vehicle Replacement Fund. Council discussed whether it would be better to bond for vehicle purchases or use a sinking fund. Council adjourned at 7:25 p.m. to attend the regularly scheduled Council meeting. Jean Ann Wulf City Clerk