City will send RFPs in search of finance consultant

Staff reporter

The City of Hillsboro is looking for new financial counsel.

At the June 3 meeting, Hillsboro City Administrator Larry Paine told Hillsboro City Council that Gold Financial Services, the firm that had handled the city's financial needs, was sold to a larger company and financial consultant Larry Kleeman no longer worked for the firm.

The city had a long relationship with consultant Jerry Rayl until Rayl's death last year.

The council decided to sever the city's relationship with Gold Financial Services and will send out requests for proposals to other financial firms.

Paine said a financial adviser was important as the city embarks on the development of Hillsboro Business Park and interim financing will be necessary.

In other business:

— The council reviewed a calendar in planning the 2009 budget. Budget meetings between Paine and department heads have begun.

Work sessions will be after the July 1 and July 15 council meetings.

— The city received a dividend from EMC Insurance Companies for $9,524 as a part of the company's safety program.

— A meeting will be this week with committee members to review list of companies as provided by Buxton Consulting.

— Councilman Shane Marler asked if there was a city ordinance regarding lawn clippings being blown on public streets when yards are mowed. Paine said he was not aware of one. City attorney Dan Baldwin said the City of Marion had an ordinance that prohibited that and it would be simple to implement.

— A joint meeting with Hillsboro Planning Commission will be at 7 p.m. July 17 in the city building.

— The council will meet with individual groups requesting funding from the 2009 budget beginning at 7 p.m. Thursday at the city building.

The next regular meeting will be at 4 p.m. Tuesday at the city building.