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City Council Minutes 1992 02 18
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City Council Minutes 1992 02 18
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3/11/2021 2:31:34 PM
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City Council Records
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City Council Minutes
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2/18/1992
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2E3
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CCMIN 1992 02 18
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which has never been done before. <br />The typical way to do it is to up- <br />front a block of money. Then, as <br />the year progresses, more of that <br />funding comes to place. Council <br />needs to discuss these items and <br />then get some funding to the Chamber <br />of Commerce so that they can start <br />doing some of these community <br />activities that we all like. <br /> <br />Lathrop: <br /> <br />This funding request is including <br />the insurance 'provided under the <br />City's umbrella, which is necessary <br />in order for the Chamber to <br />undertake these events . <br />Historically, the Chamber would <br />realize about $31,000.00 at the <br />beginning of the year. They rely on <br />that money as seed money for the <br />various programs they undertake and <br />the contracts they enter into. It <br />is now almost the first of March and <br />they have not received any money. <br />They have been operating on their <br />own funds. I think it's imperative <br />that we honor the funding request <br />that was presented last night. The <br />request of the Economic Development <br />Committee to have an accounting for <br />these events is warranted. <br /> <br />Sisk: <br /> <br />At this point, I would be very <br />concerned about an appropriation <br />that would be based upon the monies <br />that we would hope to get from the <br />County. I am in favor of the <br />commitment of the $36,001.00. I am <br />more concerned about the fact that <br />we need to have a safety net in <br />terms of over committing monies that <br />we do not possess. I would like to <br />see Council put in a provision <br />wherein the $25,000.00 funding, <br />which the City of Louisville would <br />be committing today, which is <br />budgeted by the City in 1992, be <br />paid to the Chamber immediately. <br />Upon receipt of the County's monies, <br />which would be an additional <br />$11,001.00, have that paid <br />immediately to the Chamber. That <br /> <br /> <br />
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