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<br />Further discussion: Councilmember Look stated his concern with the TIF issue is <br />Council has made a decision - so we pay for an analysis and we come up with the same <br />conclusion - he felt it may not be necessary. <br /> <br />Amendment by Councilmember Elvig, seconded by Councilmember Wise to omit the <br />first area of the proposal (TIF Districts) and authorize the amount of $13,600 for the <br />second and third areas. <br /> <br />Motion carried. All present voted in favor. <br /> <br />Councilmember Elvig asked about the TIF aspect. City Administrator Ulrich stated that <br />we want to identify what's relevant to RTC - we may want to create new TIF Districts. <br /> <br />Case #2: <br /> <br />Adopt Resolution Establishing the Duties of the Finance Committee <br /> <br />Motion by Councilmember Elvig and seconded by Councilmember Look to recommend <br />the City Council adopt the resolution establishing the duties of the Finance Committee. <br /> <br />Motion carried. All present voted in favor. <br /> <br />Discussion ensued relating to land acquisition. With regard to the County negotiating for <br />the City, Councilmember Elvig stated he would like the City to have a bigger role. <br />Councilmember Look stated he does not mind the County negotiating but he does want it <br />to come back to the Finance Committee to get our blessing and to have the caveat that all <br />is subject to City Council approval. <br /> <br />Case #3: <br /> <br />2010 general Fund Budget Discussion <br /> <br />Councilmember Wise left the meeting. <br /> <br />City Administrator Ulrich stated that there will be a budget work session in early <br />September and. we will work to pare down the budget to bring to the City Council for <br />adoption. <br /> <br />Finance Officer Lund presented a sheet marked 2010 General Fund Budget and explained <br />that the first half of the sheet was as of 7/21/2009 and the last half of the sheet had the <br />additional changes after the July 21 work session. The second half showed the net <br />funding needed as $76,635 - but that she had handwritten in $20,000 for the work crew. <br />Ms. Lund pointed out that if the two-week furlough ($218,670) was not enforced and step <br />increases were given ($32,132), adding the $76,635 plus the $20,000, the funding needed <br />would be $347,437. She added that the Department Heads would be meeting this <br />afternoon to talk about line item cuts. <br /> <br />Upon inquiry as to what action the Finance Committee should take, Ms. Lund reported <br />that this is strictly an update - no action is required at this time. <br /> <br />Finance Committee - August 11, 2009 <br />Page 4 of6 <br />