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Redevelopment Commission Meeting <br />Regular Meeting — September 17, 2004 <br />6. NEW BUSINESS (CONT.) <br />A. Public Hearing <br />(1) continued... <br />would require re- advertising. <br />Mr. Hunt stated that he would prefer to <br />consider the parcels separately. <br />(2) Commission approval requested for <br />Resolution No. 2084. <br />Upon unanimous consent. Item 6.A.(2) was <br />tabled until the October 8, 2004 meeting. <br />(3) Public Hearing on Resolution No. 2088 <br />amending Resolution No. 2042 which <br />appropriated monies for the purpose of <br />defraying the expenses of certain local <br />public improvements for the fiscal year <br />beginning January 1, 2004, and ending <br />December 31, 2004, including all <br />outstanding claims and obligations, fixing <br />a time when the same shall take effect. <br />Mr. Inks explained that Resolution No. 2088 <br />pertains to Fund 424 which is the budget for <br />the Wayne St. garage and retail operation. <br />The budget has been changed. While there <br />has been increased use in that facility and <br />revenues will be more than in prior years, it <br />will not achieve the total revenues that had <br />originally been forecast. We are now <br />anticipating that the revenues for the year <br />will be about $186,000 which is less than the <br />$207,000 originally projected. There are two <br />significant expense increases. One is in the <br />area of payroll in the amount of $13,000. <br />The other is in the area of repair and <br />maintenance of buildings in the amount of <br />C" 15 <br />ITEM 6.A.(2) WAS TABLED UNTIL THE <br />OCTOBER 8, 2004 MEETING <br />