City Council Study Session Summary 2002 10 22

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SSSUM 2002 10 22 scooters. Motorized and electric scooters have the same speed capacity and neither is allowed on any City trails, regardless if the trails is paved or gravel. There was discussion on the increased danger to those riding motorized scooters. Chief Goodman explained that motorized scooters are not necessarily more dangerous than skateboards, rollerblades or bicycles. He went on to state that he feels motorized scooters are more a parental issue than a municipal issue. He recommended to maintain the status quo and repeated that he feels this is a parental issue. He questioned whether the City should then prohibit bikes, rollerblades and skateboards for safety reasons. City Council agreed to maintain the same procedures currently in place for motorized scooters, and reevaluate the procedures if motorized scooters become a safety issue in the future. Discussion/Direction – Waste Hauling RFP Julie Boyd BEGIN A.Two questions. One combined debt/tax question to authorize limited general fund debt for all projects, and one question to authorize a set sales tax increase or set property tax increase for operation and maintenance. B.Two questions. One combined debt/tax question to authorize limited general fund debt with an unlimited mill levy pledge, and one question to authorize a set sales tax increase or set property tax increase for operation and maintenance. C.Two questions. One to authorize incurring debt for all projects, and one to authorize sales & property tax increases for operation and maintenance. If one question does not pass, the other cannot pass. D.Three or four questions. One combined debt/tax to authorize debt for a library as well as sales tax & property tax increases for repayment with either limited general fund or unlimited mill levy pledge, one combined debt/tax question to authorize debt for a recreation center/outdoor pool as well as sales tax & property tax increases for repayment with either limited general fund or unlimited mill levy pledge, one or two tax questions to authorize sales or property tax increase for operation and maintenance for all projects. Council selected option C as the most appropriate ballot question option. Jim Manire, James Capital Investors, presented three financing options for Council review. A twenty-year bond would result in an annual tax increase of $119.63 for a $250,000 home, a twenty- five year bond would result in a $105.10 annual tax increase, and a thirty-year bond would result in an annual tax increase of $96.45. These numbers were based on the assumption that a one-cent sales tax increase would generate $2.7 million annually and an assessed value in Louisville of $370 million. Council expressed concern that the bond is paid off by the time the facility needs refurbishing. It was suggested that the City should establish a line item for deferred maintenance and refurbishing of City facilities. 2