05-09-05 Personnel & Finance - Laserfiche WebLink

Home Browse Search

Personnel and Finance Committee 2005 South Bend Common Council The May 9, 2005 meeting of the Personnel and Finance Committee was called to order by its Chairperson, Council Member Roland Kelly at 3:20 p.m. in the Council Informal Meeting Room. Persons in attendance included Council Members Kelly, Puzzello, Varner, Kuspa, Pfeifer and Rouse; City Clerk John Voorde, City Controller M. Catherine Fanello, Martha Lewis, Rita Kopola, and Kathleen Cekanski-Farrand,Council Attorney. Council Member Kelly noted that the Committee Members present included Council Members Varner,Kuspa, and himself as Chairperson. Council Member Kelly then called for a presentation on Substitute Bill No. 24-05 which would authorize the Mayor and/or Controller to make temporary loans to meet current running expenses in anticipation of current taxes levied in the year 2004 and which are collectable in 2005, and which would authorize the issuance of temporary loan tax anticipation time warrants. City Controller M. Catherine Fanello made the presentation. She noted that in light of the county delaying the distributions of tax funds,with the last of the 2004 monies being received on April 29, 2005; and the upcoming delays in distributions for this year,the ordinance is necessary. She noted that the substitute bill includes the dollar amounts for the six(6) funds affected by the delay in tax receipts. No one from the public spoke in favor or in opposition to the Bill. Dr. Varner then made a motion, seconded by Council Member Kuspa that Substitute Bill No. 24-05 be recommended favorably to Council. The motion passed. There being no further business to come before the Personnel and Finance Committee, Council Member Kelly adjourned the meeting at 3:24 p.m. e f y sub ittedi c. ,mber 'oland Kelly,Chairperson /' P o$ : .. s ance f4`m.,or KCF:kmf Attachments May 9,2005 Personnel and Finance Committee Meemg Minutes -page 1-