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Councilmember Bennett described the process for a permit to be issued and she <br />believed this process was not followed with Adams Advertising. <br />Mayor Fulp suspended discussion on this item and asked Council to go into Closed <br />Session after Item 22 - Oakridge Corporation is discussed. <br />Oakridge Corl2oration Decision, Resolution No. R-77-96 <br />Jim Ott, Colton resident, informed Council that Adams Advertising and Oakridge <br />Corporation are two different corporations but explained they are run by the same <br />people. <br />Without objection from Council Mayor Fulp declared public comment closed on Item <br />21 and 22 and announced that Council would continue with the Agenda, then Council <br />would recess to Closed Session to discuss the billboard issue, and then reconvene the <br />regular meeting to inform the audience <br />Amendment to Council Meetings Manual of Procedures <br />City Attorney Biggs presented, as requested by Council, a resolution amending the <br />Council Meetings Manual of Procedure. She stated the amendment requires matters <br />involving performance review of discipline, dismissal or release of City employees to <br />be placed on the agenda only by the City Manager or at the direction of no less than <br />three councilmembers. <br />Moved by Mayor Fulp, seconded by Councilmember Hansen, to approve and adopt <br />Resolution No. R-98-96. Unanimous vote. <br />RESOLUTION NO. R-98-96 RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF COLTON AMENDING THE COUNCIL MEETINGS <br />MANUAL OF PROCEDURE WITH REGARD TO <br />PLACING ITEMS OF BUSINESS ON THE CLOSED <br />SESSION AGENDA <br />CITY TREASURER'S ITEMS <br />Treasurer's Report for July 30, 1996 <br />City Treasurer Michael Williams reported that investments, reflected in today's report, <br />held by the City and the Redevelopment Agency, are in compliance with the City's <br />investment policy adopted in April 1996 and that the investment portfolio as well as <br />the budgeted income is expected to meet projected cash flow requirements for the <br />next six months. <br />rol <br />su 0 3 1996 <br />