The approved resolution to sell up to
But gone from the version approved Monday night was component that originally allowed the city to skip an interest payment and use the total
Several council members who voted against the original
"This was the compromise I spoke about ..." said Rossi. "It shows a real savings ... it's an actual savings for the city...I plan to vote in favor of this."
Last said he liked the latest version because "the terms of the bonds stay the same," while the previous version would have extended the pay-back period by several months, but "the rate goes down. It's a real savings."
Director of Finance
The vote came during a long, busy council meeting that also saw the
The council also approved a
But much of the meeting was devoted to discussing something that ended up being held in the Council as a Whole Committee, a proposal by Rossi that would have required Mayor O'Brien to cut the salaries of all elected officials and non-union mayoral employees by 10 percent.
Rossi said during the course of the discussion that she had submitted the item primarily to get it under discussion and did not expect it to pass -- but said she thought the mayor should live up to one of his campaign promises, which was in a mailing he had sent out before the election.
She produced a photocopy of the mailing.
O'Brien told Rossi that he was more than happy to work with her and engage in discussion at any time, but he chastized her for putting it on a
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