05-28-02 Personnel & Finance - Laserfiche WebLink

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Qoutmttt* t: Orroonnti an finance (ommitt* The May 28, 2002 meeting of the Personnel and Finance Committee was called to order by Council Member Karl King at 3:48 p.m. in the Council Informal Meeting Room. Persons in attendance included Council Members Ujdak, Coleman, White, Kirsits, Kelly and King; City Controller Rick 011ett, Water Works Superintendent John Stancati, Director of Community Development Jon Hunt, Public Works Director Gary Gilot, City Engineer Carl Littrell, Ann Kolata, Max Ujdak, Terry Bland of the §+Oltt j Ott "Etii,Vat and Kathy Cekanski Farrand, Council Attorney. Council Member Karl King noted that in the absence of the Chairperson and the Vice-Chairperson of the Committee that he was next in line to call the meeting to order. Council Member King further noted that a quorum was not present and therefore no formal Committee recommendations would be made. The first item on the agenda was Bill No. 29-02 which would establish a new revolving fund to be known as the"Industrial Development Fund"(#434). Ann Kolata made the presentation. She noted that the proposed ordinance would create a new fund which would be similar to TIF. Ms. Kolata stated that sales and income tax would be affected within a specific geographic area. A district would be created and would be accountable to a 9- member Advisory Commission, six (6) of whom are appointed by the Mayor, one (1) appointed by the Governor, one (1) appointed by the Lieutenant Governor, and one (1) appointed by the Director of Workforce Development. The funds would be received in one (1) year. A Plan would be adopted by the Advisory Commission for the affected area addressing the acquisition and demolition of existing buildings. Ms. Kolata noted that the Bill as filed is incorrect. The Council Attorney requested consideration of adding a requirement that the Advisory Commission would file and maintain a current listing of its members with the Office of the City Clerk. She also requested adding that the Plan Commission would file with the City Clerk's Office copies of all meetings of the Commission. Council Member King agreed with the Council Attorney's suggestions. Council Member King noted that since a quorum was not present that no formal action would be taken. There being no further business to come before the Committee, Council Member King adjourned the meeting at 4:03 pm Respectfully submitted, Council Member Karl King, Committee Member Personnel and Finance Committee KCF:kmf Attachment