City Council Minutes 1994 08 16 - Laserfiche WebLink

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Davidson suggested changing paragraph 3, page 4, to read "except as provided in paragraph 1 and 2, the use of this sub-section C, all revenue from the Use Tax shall be deposited in the city's Conservation Trust Fund and used for open space and parks purposes." Keany hesitated to donate all of that money to open space and parks funds. He felt other uses would also be appropriate such as the Library or other such services in the city. Levihn wanted the money used at that particular time for whatever the need of the city is. Mayer felt the money should be deposited in the CIP Fund or proportionally between the Conservation Trust and the CIP Fund, so it would be going toward growth related activities. Howard moved that Council approve Ordinance No. 1157, Series 1994, for the period of nine years and to strike the words "January 1, 1995," from the Ordinance and from the header to the Ordinance, as amended by the City Attorney, and as amended by the Mayor. Howard wanted it changed to something like the proportional CIP Fund and the Conservation Trust Fund. Davidson: So to clarify, you would be basically changing the last line that says "for Capital Improvement Projects and Conservation Trust Fund." Howard: Yes. Mayer seconded. Lathrop wanted it to be known that, if for some reason by a Court of Jurisdiction this Ordinance is ruled invalid, he will be the first one to support an ordinance to retract this. Griffiths: I have a question on the amendment on 3. Is it intended to read "shall be deposited in the city's General Fund and used for Capital Improvement Projects?" Sharon Asti-Caranci, acting City Administrator, questioned if Howard wanted it the Capital Projects Fund or the combined Capital Improvement Fund. Howard: The combined Capital Improvement Fund. Griffiths: So, it would be deposited in the combined Capital Improvement Fund and Conservation Trust Fund? Howard: Proportionate - 50%/50%. 4