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T4IilUTRS <br />Ci.ty Counci.l. <br />reU. s, 19E3<, <br />1984 ~rlater <br />'~uctget <br />(Cont.) <br />const:ruc~i.on funds for water t:.hat the Ci.ty can use in emer~;enci.es and <br />has i.n rhe past. <br />T9r. Pahey f:elt that the Ci.ty should probabl.y begi.n a continnency fund. <br />Mr. C1.~nzer j~>oa.nted out that ther.e ~i.s no money av<lilabl.e f.or secver.s <br />and felC a fund should be begun. <br />Mrs. Dlarcli.n~i. aslced :Lf' the salary changes i.n the budget were due to cYie: <br />sl'~ift of people. Mr. Glanzer repl~iFd that this svas coerect:e <br />Mr. }~ahey aslced the si.ze of. cont:i.ngency f.und that woul.ct be ^eccassary. <br />Mr. Glanrer sug~estecl Lhat connecti.on char~;es could. be i.ncreased and the. <br />increase. used Co bui.ld a conti.ngency fund. The Cl.ertc commented that <br />currentl.y connect:ion charnes goes to pay off bond i.ndebLedness. <br />*1rs. Scalzc aslced what othrr ci.[i.es charge For connection charges. <br />Glanzer rep7.iecl tkiaC i.t varies f.irom $200 to ~300. <br />Scalre poinCeci out that. wi.th inflaCi.on the Ci.t:y's connecti.on char~;e <br />has lost ground. The Ci_ty's water connecti.on charge has been $250 <br />for tPie past Cen years. <br />'Che rn€;ineer r.eported tnat in the p~sk he has recommended that the <br />connect:i.on char~e be inereased '$10 to ~20 each year to i<eep p~ce <br />wi_th intlati.on. <br />Fahey 1'eLt that the connect.i.on charge should be :i.ncreased, but Le1t <br />that a conti.n~;ency f.und should be made a part o£ f:he budget. <br />Sca].ze f.e1.t that i:he connection charge sho~il.d he i.ncreased yearty with <br />a cap on how hi,<;h i[ can be. <br />Fahey f.el.t thaC the charpe should be i.ncreased to $300 and should <br />conti.nue to be appli.ed a~;ainst bond indebtedness. Pahey f:el.t thaC <br />a 4~5,000 cont:ingency f.und should be added to the budget. <br />?4rs. Scal.ze i.nCr.oduced the Coll.owing r.e.solution and rnoved i.ts adoption: <br />RLISQLUTIO~ T10. 8~r2-64 - INCBI?ASTNC TFIP GTA7'EI2 CONM;C"L'ION <br />~FIAI2GP FROM $250 TO .~'~300 DUE 'f'0 Tl~lii ~fACT THAT' THS> CFlAk2CF <br />IIAS NEVt~R AEEN :f.NCRF,ASED ANU IN ORDER TO KEL'.P IT ZN LNP <br />WSTIt PRESGNT DOLLAR VALUT;u <br />'Che f.orego:in~ resoluCion was du7.y seconded by Mrs. Nardini. <br />Ayes (4~) Sc~lze, Nardi.ni~ Takiey, Porsberg. <br />~ayes (0)• <br />Resolution cteclared adopted. <br />This resoluti.on appears in Resoluti.on Book Dlo. 10, I'age 72. <br />Page -7- <br />