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148 <br /> Referring back to Sewer Fund Budget Summary , Page 146 , Councilman Weymouth <br /> inquired if funds in reserve balance were earmarked for any particular <br /> thing . City Controller advised they were earmarked for possible contribution <br /> in future to SCSP project , looking forward to such time as substantial <br /> contribution may have to be made . It is figured on an accrual basis . <br /> Parking Fund Budget Summary : <br /> In response to question by Council , City Controller stated ad valorem tax <br /> contribution would increase for Central Business District when assessed <br /> valuation of business district begins to rise . <br /> Account 422 - Parking Facilities : <br /> Approved as submitted . <br /> Account 750 - Municipal Marina : <br /> Approved as submitted . <br /> Account 790 - Municipal Transit System : <br /> In response to question regarding bus replacement , City Controller advised <br /> that $100 , 000 represents money set aside for four years . Councilman Petersen <br /> noted that when buses were purchased , it was felt City should go ahead on <br /> basis of amortizing buses in period of five years . Council chose , instead <br /> of waiting five years , to put the money into a fund each year for five or <br /> six years so that when buses needed to be replaced the money would be there . <br /> The idea was to replace the whole fleet instead of just one bus . <br /> With reference to advertising income , Mayor Bury noted there was no bidder , <br /> and indicated he thought it would be of value to give it to organizations <br /> to use . Councilman Rhodes stated he would put this matter on the agenda for <br /> the next Transportation Committee meeting , (Memo 5-13-71 ) <br /> Councilman Petersen noted that revenues reflected the fact that last year <br /> Council reduced fares to 100 for citizens under age of 18 during commute <br /> hours , resulting in less revenue than expected . <br /> Account 790 approved as submitted . <br /> General Improvement Districts Summary : <br /> In response to question by Mr . Grant Ross , 465 Trident Drive , as to why <br /> GID 1 -64 is not included in transfers from other funds , specifically from <br /> sales tax , City Controller explained that GID 1 -64 is for reclamation of <br /> land and for improvement of new facilities which are normally part of a <br /> subdivision , and that only those revenues which are generated in district <br /> are available for use by the district . After further questioning , Mayor <br />