04-09-08 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL APRIL 9, 2008 The foregoing resolution was duly seconded by Keis. Ayes (5). Nays (0). Resolution declared adopted. GAMBLING The City Clerk reviewed her report dated March 31, 2008 regarding the ORDINANCE request of North Suburban Youth Foundation to delete the City's AMENDMENT requirement that a CPA sign a charitable gambling organization's the monthly gambling reports. The Clerk noted that given the tough economic times being experienced in charitable gambling, charities are looking for ways to reduce expenses. The Clerk noted that charities would still be required to submit annual audits prepared by a CPA. She further noted that while the CPA-prepared audit is a State Statute requirement, the CPA- signed monthly report is not. The Clerk noted that the City included this requirement as part of its Gambling Regulations at a time when the charitable gambling climate was much different than it is today. The Clerk recommended approval of the amendment to the ordinance deleting the CPA-signed monthly report requirement. Ms. Allan introduced the following resolution and moved its adoption: RESOLUTION NO. 2008-4-97 -AMENDING CHAPTER 81 S OF THE LITTLE CANADA CITY CODE, KNOWNAS THE MUNICIPAL CODE, RELATING TO THE CONTINUING REGULATION OF CHARITABLE GAMBLING ORGANIZATIONS AS RECOMMENDED BY THE CITY CLERK The foregoing resolution was duly seconded by Montour. Ayes (5). Nays (0). Resolution declared adopted. ELECTRIC The City Administrator reviewed his report dated March 31, 2008 FRANCHISE recommending approval of the amendment of the City's electric franchise FEE fee ordinance extending the collection electric franchise fee to coincide ORDINANCE with the 20-year term of the Electric Franchise (through September of 2023). The City Administrator reviewed the background of this fee pointing out that it was first implemented in 2003 in order to offset the State's cuts of local government aids that resulted from the State's budget crisis. He noted that the franchise fee has been generating approximately $210,000 for the City each year. This revenue has been used water quality and storm water improvements, as well as street reconstruction projects.