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• <br /> • <br /> • <br /> • <br /> nodes the statute, it oust have an eloatioti <br /> October. In order to stay on that time table, the—: <br /> f <br /> members of tho Authority at in the next two to '. <br /> three weeks approve the organisational document. <br /> • After that is done, a financing study will be <br /> completed and will bs made available to all of that . <br /> membsra. And additional hearing of this type can <br /> then be held specifically on the financing <br /> recommendations. we don't even know yet whether <br /> the Authority wants to recommend some of the <br /> things that the statute allows. We aren't, to tb•tij <br /> point yet.• Williamson reiterated that this; f; <br /> Aoreomeat does not speak to the issue o, *tie <br /> f inaaoisg. That will Dame at a lairs date. -:" <br /> • fi. 4.Sic. ) mesa he • • <br /> eociaoulid •"t L ulewi Yto." 21 the b !.• :0.-,- <br /> 'redaos treffie oongeartion on V.I. 3i,' and providi=� <br /> a route to the airport without going through ,. <br /> City of Drava::, 3 f ancoarage tourism. aaa4 tl <br /> relieve auto eabauet frc idling automobiles. " <br /> • ,w <br /> Mayas tauaoe commented that financing is not the , <br /> issue tonight. •I don't want my taxes going . <br /> either and I would like to hoar more on W--47 'r <br /> befos"r 2 make my decision... me• Mayor riusoe <br /> ' <br /> Mr. Marl to speak to soma • <br /> the oonc•x1as dad <br /> Losisvilles ability to withdraw from that <br /> Authority at any time. <br /> Mt. Marl stated the study regarding financing has <br /> been as ongoing endeavor cad will be completed in - <br /> the Mbar future. A financing plan will be <br /> submitted to the individual osabers of the <br /> Authority. Liter *soh City's review and bearings, <br /> each entity can decide whether to commit to that <br /> plan or *bail tut.• Mr. Karl stated that the <br /> actual development of the financing plan is going <br /> to be don* by the members of the Authority and <br /> therefore have the opportunity to have input on <br /> the plan. <br /> Mr. Mail directed comets to questions raised by <br /> the public. The foul• types of taxing nechaniams <br /> that would require a * to of the people aro 1) an <br /> apaual motor vehicle registration fee of not more <br /> tbaa $10, 2) a salts and/or use tax not to 'mooed <br /> 4/10th• of one 'ascent, 3 ) a head tax not to <br /> eaarsd 02 monthly from eaab employee dad 02 per <br /> martin for ea from the employer. and 4) <br /> the lasmetivn of districts. The only <br /> two items that can he imposed without a vote of <br /> the people are the value capture or tax increment <br /> limited to 2S4 of the barroom is value and the <br /> 3 <br />