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JOINT CHARTER COMMISSION AND <br /> CITY COUNCIL MEETING FEBRUARY 11, 1997 <br /> election date. Mayor Landers concurred and advised it costs a minimum of$3,000 to <br /> hold a special election. <br /> Council Member Kuether commented on the importance of not only the wording on the <br /> ballot but also the timing of the ballot. <br /> Commissioner Solfest stated it appears the Council has a determined what action is to <br /> be taken and asked what the Charter Commission can do to assist the process. <br /> Mr. Hawkins advised the wording of the ballot is regulated by the Charter. <br /> Council Member Bergeson inquired regarding the standing of the Charter Commission. <br /> Chair Montain stated he believes roads are a very important issue but appears to have <br /> been ignored with regard to reconstruction. He stated the Charter contains a means to <br /> address this. <br /> Mr. Hawkins stated if one-third of the cost is to be assessed, $1 million will still be <br /> needed to be generated and funded now. He explained how the ballot will need to be <br /> worded and asked if those present believe that such a referendum will be successful. If <br /> not successful, the funds will still need to be generated. <br /> With regard to the impact to residents and their support, Mr. Schumacher asked if it is <br /> realistic to go through this process or if it is totally unfeasible. He advised Mr. Ahrens <br /> has prepared information regarding this tax impact. <br /> Mr. Ahrens explained that to raise $100,000 per year, based on the present tax base, a <br /> home valued at $100,000 would pay an additional $15.73 per year and a home valued <br /> at $200,000 would pay an additional $40.31. To generate $1 million a year, a home <br /> valued at $100,000 would pay $160.00 and a home valued at $200,000 would pay <br /> $410.00. <br /> Council Member Bergeson stated that when the Council reviewed the City's budget, <br /> they considered raising taxes by $50,000 and $100,000 for other issues and neither the <br /> previous Council or this Council was willing to raise taxes. However, this project talks <br /> about several times that amount. He stated he supports placing this issue on the ballot <br /> to let residents make that determination. <br /> Commissioner Dunn stated the City generates increased revenues every year without a <br /> levy increase and if fixed costs can be contained or reduced, a portion of that additional <br /> revenue ($3/4 million last year) could be allocated to roadway improvement. He <br /> asserted the money is there but it depends on where the Council places the priority. <br /> Commissioner Dunn stated there are a lot of ways to get funds rather than a large <br /> referendum before the residents, and it is the responsibility of staff and the Council to <br /> look into that detail. Council Member Lyden stated the amount spent on street <br /> PAGE 8 <br />