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New JBS Fieldhouse sign on Monday's council agenda

Among the items on the agenda for Monday night's Worthington City Council meeting is approval of a new sign for the JBS Fieldhouse that includes logos of the Minnesota West Bluejay brandings.

The city and Minnesota West Community and Technical College recently entered into an agreement to establish a long-term arrangement for the shared use of the JBS Fieldhouse as an enhanced training facility for their athletic and law enforcement programs. Minnesota West agreed to pay the city a one-time fee of $200,000, which was received on June 10. These funds are dedicated to future facility improvements and were placed in the city's Equipment Revolving Schedule designated Field House account. 

The agreement included a requirement that the city provide exterior backlit signage on the facility with logos of the Minnesota West Bluejay branding. The city has received a proposal from Behrends Sign Works of a rendering of the approved signage and the associated cost. The council will consider approval of the sign and authorize city staff to order and pay for the sign with funds received from Minnesota West. 

Also on Monday's agenda is council consideration of the rescinding of the city's current investment policy and adoption of a new policy. City staff invests public funds in a manner that provides the highest investment returns with the maximum security while meeting the daily cash flow requirements. The city's current investment policy was adopted by the Council on Aug. 25, 1986. It was subsequently amended on Jan. 23, 1989, March 13, 1989, and Dec. 10, 2012. Ehlers, the City's investment advisor, recently reviewed the current policy and has recommended rescinding it and adopting a new policy.

The city currently does not have a conflict of interest policy, and council members will also consider the adoption of one on Monday.


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