05-23-94 Personnel & Finance - Laserfiche WebLink

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- COMMITTEE REPORT PERSONNEL AND FINANCE COMMITTEE TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: The May 23, 1994, meeting of the Personnel and Finance Committee was called to order by its Chairperson, Council Member Sean Coleman at 3:57 p.m. in the Council Informal Meeting Room. Persons in attendance included Council Members Slavinskas, Kelly, Luecke, Ladewski, Washington, Duda, Coleman, Zakrzewski, Puzzello; Citizen Members John Oxian and William Eagen, Maureen Dabrowiak, Don Porter, John Leszczynski, Gretchen Bolan, Jeff Rinard, Dale Balsbaugh, and Joseph Huber of the Ampco Parking Company-Cleveland office. The first item on the agenda was to review Bill No. 48-94, which is an Ordinance to establish the Cumulative Capital Development Fund. Mr. Jeff Rinard, Finance Director for the City of South Bend, made the presentation. He explained that this is a "Housekeeping" Ordinance and establishes an ad valorem tax levy to fund the cumulative capital development fund at the rate of $. 12 per $100.00 assessed valuation. The State law limits to three (3) year increments the life of such a fund and levy. The City first established this fund in 1985 and has since re-established this fund every three (3) years. Council Member Zakrzewski made a motion to send Bill No. 48-94 to the Council favorably, seconded by Council Member Eugene Ladewski . The motion carried. The Committee then reviewed Bill No. 53-94, which is an Ordinance approving parking garage rates for parking garages operated by the Board of Public Works. Mr. Jeff Rinard, Finance Director for the City of South Bend, made the presentation for this bill. Mr. Joseph Huber of the Ampco Parking Garage Company also assisted in the presentation. A report was distributed showing the summary of parkers at City Garage locations. There has been a decrease in revenues due to two large groups discontinuance of parking in the garages. They are slowly recovering from this. Council Member Ladewski inquired as to whether the Contract is up for renewal June 1st of this year. Mr. Huber stated that the Contract is for three years. Ampco took over the operations as of June of 1993.