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think prior to giving a tax there <br />should be some discussion and <br />justification of it on a year by <br />year basis. <br /> <br />Davidson: <br /> <br />This is a fee not a tax. <br /> <br />Lathrop stated that his main concern all along was that at least <br />the development community be included in the discussions that would <br />most seriously impact their business and subsequently impact the <br />City of Louisville's fee income. He stated that had taken place. <br />He commented that concessions had been made. He still feels the <br />fee is too high. He supports Ordinance 1082 and, also, an annual <br />review. <br /> <br />Hornbostel: <br /> <br />With the Tabor Amendment will we be <br />allowed to modify it? <br /> <br />Griffiths: <br /> <br />Amendment No. 1, the Tabor <br />Amendment, does not affect the <br />ability of the City to increase <br />fees. It limits tax and spending <br />increases. Under the amendment the <br />City will experience a limit on its <br />ability to expend its funds. To the <br />extent that fees are increased and <br />it receives additional revenue, that <br />revenue will be subject to the <br />general spending limits set forth in <br />the Bruce Amendment. <br /> <br />Mayer: <br /> <br />This Council is going to have to <br />study the impact of the Tabor <br />Amendment on Building activity. I <br />still believe, in terms of costs to <br />the City, the water tap fee is too <br />low. Because we haven't been <br />charging for water, but we really <br />should have, and we haven't been <br />picking up the full costs of some of <br />the infrastructure improvements, <br />that there will be increases in <br />assessment fees. <br /> <br />Howard moved that Council approve Ordinance No. 1082 on 1st Reading <br />and[ set a Public Hearing for November 17, 1992. Seconded by Mayer. <br /> <br />Davidson: <br /> <br />My only intent in raising this fee <br />was that growth pays its own way, <br />not that the City profit from <br />growth. Several years ago some of <br />the developers pointed out, that <br /> <br />10 <br /> <br /> <br />