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<br />. <br /> <br />. <br /> <br /> <br />. <br /> <br />CASE #3: <br /> <br />DISCUSSION REGARDING USE OF LANDFILL TRUST FUNDS <br /> <br />Backgl'ound: <br /> <br />As you recall, at YOUl' last meeting you requested that the City Council <br />consider whether they would be willing to utilize a portion of the annual <br />interest from the Landfill Trust funds for economic development activities. <br />The City Council responded that the Economic Development Commission should <br />propose a budget for some specific economic development project/activity to be <br />funded with interest from the Landfill Trust fund and present that to the <br />Council's Budget Committee. The Budget Committee would then make a <br />recommendation to the City Council. <br /> <br />City staff and the Budget Committee are in the process of preparing the City's <br />1987 budget. If the EDC wishes to propose a budget for interest from the <br />Landfill Trust funds, it should be done fairly soon. <br /> <br />Recommendation: <br /> <br />Commission Action: <br /> <br />Will be based on your discussion. <br /> <br />Review Checklist: <br /> <br />Administrator <br />Attol'ney <br />Engineer <br />Community Development Dir. <br /> <br />Chief of Police <br />Finance Officer <br />Public Works Superintendent <br />City Council <br /> <br />.JL <br /> <br />.JL <br />