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tommfttss Zsport: <br /> Personnel and Finance Committee <br /> to tis Common Eouitsfl of the eftt of South WO: <br /> The March 24, 1997,meeting of the Personnel and Finance Committee was called to order <br /> by its Chairperson, Councilmember Sean Coleman, at 5:50 p.m. in the Council informal <br /> meeting room. <br /> Persons in attendance included Councilmembers: Kelly, Aranowski, Pfeifer, Broden, <br /> Varner,Ujdak, Coleman,Hosinski, Sniadecki; Mayor Steve Luecke, Cathy Roemer,Mr. <br /> Wolfe,Becky Bohman,Don Porter and Kathleen Cekanski-Farrand. <br /> The first item on the agenda was to review Bill No. 22-97 which would appropriate four <br /> hundred and eighty-three thousand dollars ($483,000.00) from the General Fund. Cathy <br /> Roemer made the presentation. She noted that the appropriation is in accordance with a <br /> Memorandum of Understanding executed between the South Bend Civic Center Board of <br /> Managers, the South Bend Regional Museum of Art, the City of South Bend and the <br /> Studebaker National Museum. It would authorize the transfer of monies to the Studebaker <br /> National Museum Capital Improvement Fund for the repayment of the 1993 Hotel Motel <br /> Tax refund fund bond funds. <br /> Following discussion and a proper motion being made and seconded, Bill No. 22-97 was <br /> recommended favorably to Council. <br /> The Committee then reviewed Resolution Nos. 97-11 which would vote in favor of an <br /> Ordinance imposing the County Option Income Tax (COIF Resolution No. 97-12 which <br /> would vote in favor of an Ordinance imposing the County Economic Development Income <br /> Tax(CEDIT); and Resolution 97-13 which would vote in favor of an Ordinance increasing <br /> the percentage credit allowed for homesteads in St. Joseph County. Mayor Luecke made <br /> the presentation. Mayor Luecke and the City Controller noted that all of these proposed <br /> Resolutions were discussed at a prior meeting of the Personnel and Finance Committee. <br /> He noted that he had made specific recommendations as to possible uses for the revenue <br /> generated which had been previously discussed. <br /> Councilmember Coleman requested annual reports if at all possible.if these Resolutions are <br /> adopted. Councilmember Hosinski thought a requirement by Ordinance may be too <br /> cumbersome but that the overall concept of annual reporting was a good idea. <br /> r- <br /> Councilmember Varner also believed that an Ordinance may be too cumbersome, but <br /> conceptionally thought it was a good idea for ongoing reporting to the Common Council. <br /> He stated that until a reduction of property would be involved that he would not be able to <br /> support COLT. Dr Varner stated that there must be a reduction in property tax and the <br /> burden created by such a tax in order for him to be supportive of this concept.. <br /> Following discussion, Councilmember Aranowski made a motion seconded by <br /> Councilmemnber Broden that Resolution Nos. 97-11, 97-12, and 97-13 be recommended <br /> favorably to Council. The motion passed with Dr. Varner voting in opposition. <br /> There being no further business to come before the Committee,the meeting was adjourned <br /> at 6:10 p.m. <br />