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would be an overage fi'om 2003 i:o '_!004. She questioned why the committee feels more <br />corn fbrtable with one m~)re ~1 uar~ er ~f fi-anchise fees. <br /> <br />Councitmcmbe~ Elvig stated as ~ councihnember he was not in favor of the franchise fees, but <br />appreciates the Council's; concer~s ztbout making sure there is a positive budget. On the other <br />hand he believe.~4 if they are goin;l to make improvements in the City they have to'have some sort <br />ol; savings account to draw fi'om. T}tese overages are primarily from planning check fees and <br />permit f~es. and growth should pay ~br gn:owth. <br /> <br />Councilmcmber Kurak stated wh:~n the Council discussed the franchise fee it was divided and <br />she agreed with the fees in order ;2o ensure the City has the needed funds to rnake ends meet. She <br />is not sttre that is the case <br /> <br />Councilmembcr Elvig indicated 1-.e i:; not sure they can predict a certain excess coming yet this <br />year. By mid year they should see a trend in planning check fees and permits. <br /> <br />Councihncmbcr Kurak qnestione,1 when the sunset is set on the franchise fees. <br /> <br />Councilnmmber glvig replied the sunset was set for one year.' He noted the Finance Committee <br />strongly urged tl~cy look hard at tie ti'anchise fee at mid year. <br /> <br />Co uncilmeJn bet ?3tromm<,n indic~ ted the Finance Committee shared these concerns. P art of the <br />issue with the cx,.:css revenue is tl~at the proposed funds~are the things the Council committed to. <br />There needs to bt:. enough fimdin~ fb~ those projects. In another three months they should take a <br />hard look al the :~i'anch. ise fee and i~aYe a better idea of where they are sitting. <br /> <br />Councihne~nber/~lvig noted the g )od news is the City is generating excess dollars. He agrees <br />with staff;s p~sition to take a littlc more time to be sure they are at the turning point. <br /> <br />Councilmemher l.~urak intluired it the transfer to the Park Maintenance Fund could be a little <br />higher. <br /> <br />C. ouncilmember f:~lvig noted the P:trk and Ride, which is coming soon, needs to be funded. <br />Dollars in this fm~d would hold th~; bonding requirements down. <br /> <br />Mayor Garnet stated he dr,es not t~finl, they can review the franchise fee until the end of the year. <br />They will not ,~;ee the costs that are coming up until this fall and they have to be sure they cover <br />everything. If'they are in good shape at the end of the year he has no problem eliminating the <br />franchise fee, however, to bc fiscaJly responsible they need to be sure there is enough money to <br />go ahead with thc projects they are doing. <br /> <br />Motion by Cotmci hnember Cook. :.e~,:~mded by Councilmember Pearson, to ratify the <br />recommendati~m of the Finattce C( mndttee and adopt Resolution #04-04-099 to authorize the <br />transfer of thc General Fund execs', re',.'enues to the Equipment Revolving Fund, the Facilities <br />Construction l:und and the Public [mp~'ovement Revolving Fund at the stated mnounts with the <br />understanding thai the amounts cur,'entiy transferred to the Equipment RevoNing Fund will be <br />transferred to at Pa~rk Maint~mance } und once it is established. <br /> <br />(iLv Council/April 27, 2004 <br /> Page 15 of 33 <br /> <br />P37 <br /> <br /> <br />