10-14-98 Council Minutes - Laserfiche WebLink

Home Browse Search

MiNUTES CITY COUNCIL OCTOBER 14, 1998 thou~ht that projects should be funded ag~ressively so as to give the City some flexibility in other funds. Scalze indicated that she was thinking about economic development efforts in the Rice Street area. The Administrator reported that under the lawful purpose definition 10% funds can be used for youth activities for persons under age 21 as well as for fire and police equipment purchases. This lawful purpose statute was recentiy broadened to include fire and police as a result of the City's efforts. The Administrator reported that the committee felt the money should be spent far the projects as recommended and this would free up the use of other funds. LaValle stated that he would prefer not to see the fund balance down to zero. The Administrator pointed out that beginning in 1999, the City has to report to the State on how the funds are being spent. From the reportin~ standpoint, the Administrator felt it may be a good idea not to carry a large fund balance. Muriel Bianchi appeared before the Council reporting that the request for City participation in the development of basketball courts at Little Canada Elementary School has been increased from $6,500 to $8,620. Bianchi also reported that due to some bids for striping, it may be that the cost will be even ~reater. Bianchi asked that if other fundin~ is not identified, that the City would agree to pick up the additional costs. Currently the Little Canada Parents Teachers Organization have agreed to fund $6,000, Little Canada Charity Plus will fund $6,000. Bianchi reported that the School District is funding draina~e correction work. She also reported that an application will be submitted to North Suburban Youth Association requesting financial participation in the project. Fahey indicated that he was reluctant to commit any additional monies over the $8,620 from the City. Fahey felt that the additional funding should come from North Suburban Youth Association, pointing out that this is clearly a youth-oriented project. Fahey pointed out that the City is, thus far, the largest contributor to a project, which is located on School District property. Bianchi reported that she will pursue the grant application with NSYA. She also thanked the City for their participation, and indicated her appreciation for the cooperative effort the City is putting forth. Mr. LaValle introduced the following resolution and moved its adoption: