Mayor Ed Hilbert called the meeting to order at 6:30 p.m. with the following members present: Barry Armstrong, Sam Beichler, Sid Griffin, Ralph Lutes, Frank Sullivan, and Brent Wheeler.

The City Clerk, City Treasurer, and City Attorney were also present.

The invocation was given by Joe Costella of First Baptist Church of Mt. Washington.

Ralph Lutes made a motion to accept the minutes of the September 23, 2002 meeting as read. Sid Griffin seconded the motion. Motion passed. (Unan.)

The first reading was conducted on Ordinance 02-18 in regard to a zoning map amendment for Edward & Mavior Hilbert at 9895 Hwy 44E. The requested zoning is from R-2 to B-2.

The second reading was conducted on Ordinance 02-17 on the 2002 property tax rates. The proposed real property tax rate is .130 per $100 of assessed value. The proposed rate for personal property is .182 per $100 of assessed value. Brent Wheeler made a motion to adopt Ordinance 02-17. Sam Beichler seconded the motion. Motion passed. (Unan.)

Linda Gray, CPA with Kapp & Company, presented the 2001-2002 annual financial audit. Ms. Gray stated the City again received a clean audit. The City end of year fund balance including special revenue was $312, 493. The Water & Sewer Company net income was $446,654.

No one signed in to address the Council.

Ralph Lutes made a motion to enter into executive session at 7:35 p.m. to discuss property acquisition and possible litigation. Sam Beichler seconded the motion. Motion passed. (Unan.)

Ralph Lutes made a motion to reconvene open session at 8:35 p.m. Sam Beichler seconded the motion. Motion passed. (Unan.)

There was no action taken as a result of executive session.

Sam Beichler, Chairman of the Business Centre Committee, announced that another new business will be locating at the Business Centre. The company is Sisco HVAC Contractors, Inc. Sisco purchased 2.282 acres.

There being no further business before the Council, Brent Wheeler made a motion to adjourn the meeting. Sam Beichler seconded the motion. Motion passed. (Unan.)

The meeting was adjourned at 8:36 p.m.