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part of the cost and the city part? <br />Caranci stated the Chamber would be agreeable to <br />anything. <br />Williams stated that the lease is a one year <br />renewable lease and it runs with the calendar <br />year, the city and the chamber have the option to <br />renew this lease. So the motion would need to <br />address itself what if the lease where not renewed <br />by either side, who would then be responsible for <br />whatever rent would be to left on the remodeling. <br />Howard asked if some of the rent had been deferred <br />last year? <br />Asti-Caranci stated that when the city bought the <br />property and converted from the house to the <br />Chamber offices, the Chamber fixed the house to be <br />offices and the rent was offset by that <br />construction costs. In the original agreement the <br />rent was $450 but there were other tenants in the <br />building to help with the rent. <br />Sackett moved and Carnival seconded that City <br />Council approve the funding of the remodeling <br />project for the Louisville Chamber up to $3,700 <br />through rent abatement, in the event that the <br />Chamber decides not to renew their lease for <br />another year the rent abatement would not <br />continue. <br />Davidson moved to amend the motion to state that <br />the Chamber and the City would split the cost of <br />the remodeling, seconded Hornbostel. Motion was <br />defeated 3-4. <br />Vote was taken on the original motion at this <br />time. Motion passed 7-0 <br />OTHER <br />Marschner informed the Council that the grant for <br />the elevator has been awarded to the City in the <br />amount of $25,000. Hopefully the elevator would be <br />in around mid October. <br />Davidson stated that at the last meeting it was <br />discussed to appoint a sub-committee to develop a <br />water policy for the city and since then I believe <br />the Mayor has done that. <br />Mayor Fauson stated he would like to appoint Tom <br />Davidson, himself and Tom Phare to the sub- <br />committee to develop the water policy. <br />12 <br />