Agenda Packets - 1984/01/23 - Laserfiche WebLink

Home Browse Search

-,3 TO: Mayor & City Council i FROM: Clerk-Administrdt� DATE: January 30, 1984 SUBJECT: Special Projects Fund As a result of the discussion centering around the repealer clause of ordiance No. 356 establishing the Special Projects Fund, staff would like to respond to the concerns voiced by Councilmember Doty. As we understand it, Councilmember Doty voiced concerns about the following two basis issues, 1. The current repealer clause provides for all re- maining funds to be deposited in the General Fund which Councilmember Doty feels releases the Council in office at that time from determining how the funds would be specifically used. 2. It is Councilmember Doty's desire that the funds resulting from the dafeasance of the Improvements Bond Redemption Fund be returned to the taxpayers of Mounds View from which a portion of the funds came due to the special tax levy. It is staff's thoughts that the deposit of these funds in the General Fund is consistent with Mr. Doty's desires that the dcfeas,ncr monies be returned to the taxpayers as the General Fund is by intent designed to fund those services which directly or indirectly benefit all of the communities residents. Other funds cannot necessarily be said to do the same. We agree that the Council repealing the enabling ordinance i:oY the Special Projects Fund should be required to stipulate how the funds would be used. we feel that this can best be accomplished by requiring that when that Council repeals the Ordinance, the remaining funds be deposited in the General Fund with the resolution specifying the purposes for which the funds would be expended. RECOMMENDATION: Staff would recommend that the Council amend Ordinance No. 356 by adding the following to the last sentence in Section 27.05; "...with the resolution authorizing repeal specifying the purpose(s) for which the funds would be expended." DP/mb