HomeMy WebLinkAbout05-28-02 Personnel & Finance 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
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