Agenda Packets - 1993/08/09 - Laserfiche WebLink

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- Agenda Section: 9.0 yv � REQUEST FOR COUNCIL CONSIDERATION Report Number.93-585C STAFF REPORT Report STAFF 8-5-93 0 Special Order of Business CITY COUNCIL MEETING DATE August 9. 19 9 3 0 Public Hearings 0 Consent Agenda ® Council Business Item Description: Set Public Hearing for 7:06 p.m. , August 23, 1993, for Consideration of Ordinance No. 528, Repeal of Sunset Clause for Streetlight Utility Administrator's Review/Recommendation: /7„,c)---' - No comments to supplement this report - Comments attached. Explanation/Summary (attach supplement sheets as necessary.) $UMMARY; On November 25, 1991, the Mounds View City Council passed ordinance No. 497 creating a Street Light Utility for the City to operate, maintain and improve upon the lighting of City streets. This utility was created so the City could better manage its financial resources by generating revenue from its operations and therefore reducing its dependency on State Aids. In Ordinance No. 497, Section VIII, TERMINATION, automatically repeals the Street Light Utility, effective December 31, 1993 . If the Street Light Utility were to be discontinued, there would be a $75, 000 budget shortfall for 1994 and beyond that would have to be made up in service and program cuts or an increase in property taxes. In order to remain consistent with the City Council's commitment toward its policy to support user fee programs and, based on the State's unstable revenue future, it is in the best interest of the City to continue to utilize a program based on a user fee concept; a concept in which service supply does not rest solely on the shoulders of taxable property owners, but on all users of the system. /40 (14)4J( Tim Cruikshank, Asst. to City Admin. RECOMMENDATION: Set public hearing for 7: 06 p.m. , Monday, August 23, 1993 to consider an ordinance that would repeal the sunset clause of Street Light Utility.