My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
1999-06-09
Centerville
>
City Council
>
Agenda Packets
>
1996-2022
>
1999
>
1999-06-09
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/22/2009 9:11:54 AM
Creation date
12/22/2009 9:11:15 AM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
119
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
MEMO <br /> DATE : June 4, 1999 <br /> TO : Honorable Mayor and Council <br /> FROM : Jim March <br /> RE : EDC Enterprise Fund <br /> ********************************* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** <br /> The Economic Development Committee has requested that they be allowed to operate as an <br /> enterprise fund. The Committee would like to maintain control over the advertising funds from <br /> the newsletter as well as the excess funds that are budgeted, but not totally spent by them on an <br /> annual basis. The City would essentially just be making a cash contribution to the Committee to <br /> spend as they deem necessary. The cash contribution would be controlled by requiring the <br /> Committee to submit a detailed budget of their expected annual revenues and expenditures. <br /> There are no legal implications involved in this request. Council needs to be aware of the degree <br /> of authority they will be turning over to the Committee. The Committee could have total control <br /> over the funds contained in the enterprise fund. I spoke to Jim Hoeft in regards to this issue. Mr. <br /> Hoeft said he would be able to answer any questions the Council may have on the subject. <br />
The URL can be used to link to this page
Your browser does not support the video tag.