MO 1996-011 to 1996-015 - Laserfiche WebLink

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Wandzia Grycz-Hernandez - Was asked to confirm that the amount set aside for the survey and vision program was $60,000. Wandzia stated the City Council had some expansion programs they were investigating and researching with the consultant at the time the project was put on hold. She did not know what those cost items were but would have that information for the committee at the next meeting. b. Review Other Strategy Issues These are other strategies that may affect the General Fund. Marina Enterprise Fun John Jermanis - Distributed a summary of a Daily Review article that stated where the City sees itself going in terms of projections and expenditures regarding revenues. He stated that, in the next five years, if the City does nothing, it will continue to operate at a deficit. John stated one of the points that was not covered in the article was the fact that these numbers are not unrealistic. If the City can bring in additional business activity, it would generate $800,000, and would reverse the deficit over a period of time. John stated that the City has projected some very conservative figures in terms of facilitating the dredging. Mayor Corbett - Asked if the transient tax included projections for future hotels. John Jermanis responded that the tax did not include a projection for future hotels. John also stated staff was implementing the City Council's policy of adding the transient occupancy tax, from the Marina Inn only, over a four-year period. Garry Loeffler - Stated there needed to be Plan A with the assumption they would maintain the dredging, and Plan B; with no dredging and what it would do to berthing. Council Member Loeffler said we have come to a crossroads where the entire City Council will have to define this issue and determine the direction of the Marina. He also stated that the long-term opportunities to obtain funding from the Federal Government are going to disappear. John Jermanis agreed with Mr. Loeffler's statement regarding the loss of federal funding. However; he mentioned a number of alternatives can be developed for the City Council's consideration. Mayor Corbett - Stated the City Council had been working for the last several months to bring the Marina Fund back into balance through new businesses suggested for the Marina. Water Pollution Control Fund John Jermanis - Distributed a list of the 26 largest water pollution facility users. John stated these users pay a larger dollar amount due to the additional services they receive. John also stated that Bob Taylor and his staff are reviewing their operating budget and 5 - - 45