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eO►r21YLGtfEE cRe,faott of 4 p <br /> E'L�OnnEL and 9i ianaE C.?Om ittEE of tiZE BEnci eommon Council <br /> Redevelopment Commission-Studebaker Bond (Fund#310) <br /> 2005 Revenue: $706,789 2005 Expenditures: $667,346 <br /> It was noted that the bond will be paid off in 2006. <br /> Redevelopment Commission-Football Hall of Fame Bond (Fund#310) <br /> 2005 Revenue: $1,511,065 2005 Expenditures:. $1,405.900 <br /> It was noted that the bond will be paid off in 2018. <br /> College Football Hall of Fame (Fund#377) <br /> 2005 Revenue: $829,320 2005 Expenditures: $831,425 <br /> It was noted that hotel/motel tax revenue of $474,820 and Professional Sports Development <br /> Fund Receipts of $350,000 basically transfer through this account and pay the CFI-IF debt <br /> service. <br /> Dr. Varner noted that he and Council Member Deiter have a series of questions in this <br /> area and would like to have another meeting where they would be addressed. Dr. Varner <br /> suggested that such a meeting be held on September 9, 2004 following the end of the scheduled <br /> budget hearings. <br /> Council President White suggested that the primary questions be set forth in a letter and <br /> sent to the Administration. <br /> There being no further business to come before the Committee,Dr. Varner adjourned the <br /> Committee meeting at 6:57 p.m. <br /> Respectfully submitted, <br /> Council Member David Varner,Vice-Chairperson <br /> Personnel and Finance Committee <br /> KCF:kmf <br /> Attachments <br /> Personnel and Finance Committee Meeting of August 31, 2004 Page 3 <br />