1976_0126_CC_packet - Laserfiche WebLink

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��7 ! f �i�i CV�i�Lol� l��I�� AGENDA SECTIQN: , Reports � RecorrQnendatian ITEM f�i0.: ITEM DESCRIP�ION' �!/ General Revenue Sharing ORIGINATING DEPT. /DIV.: Administration MEETING DA7E: �EPT_HEAD APPROVAL_ MGR. REVIEWED/RECOM1ulENpS: The General Revenue Shara.ng Act will expire llece�ex 31, 1976. When the program expzres, the City will have received an estirnated �810,QOU £or the five year period. Of this amoun�, the City has used or commit�ed $125,000 for �he new city ha1l and �375,000 £or the third �xxe station building and land. Tnterest earnings on these funds �vi11 be approximately $50,000. Ther�fore, there will be an estixnaied $360,000 that wii.]. not havz been used or committed. " In Jun�, 1976, th� City wi11 be required �o pul�lish a"Planned Use" report for the General P.evenue Sharing funds applicable to the period JuZy 1, 1976, thraugh December 31, 1976 (agproximately $90,OQ0, which is included in the �360,000 �igure above). "Planned Use" reports for prerrious entitlement per�ods designated vaxious genera.l categories {Publzc Safety, Transportatzon, A�ultipurpose General Government} provided on the form. It was recogna.zed by the Counci� that these designations were tentative ana that a morE deliberative process wauld be required befare these funds �aould be ac�ually expended or specifically encLUnbered for a partiicular purpose ar use. Thexe have been several inquiries of interest �rom variouS organizations and individttals abou-� the process of detennini.ng the use of these funds and ha�.� ideas or suggestions may be made into that process. Under the provisions of the Revenue Sharing Act there are no specific or required procedures £or sa�.iciti.ng cxtizen suggesti.ans. One mechan.zsm of facilitating such �nput would be to set a meeting date ta receive suggestions on the use of such funds. The City staff will also be xeviewing program nee�.s of the City and�pravide suggested possible use of these ftznds. In addi�Cion, indivxduaZ Coimcil me�bers may wish to provide suggested uses. Over the next tw�o �to three months the City wi11 be reviewing projected capital improvement needs for the City. In addition, the annual budgetxng process wi1Z cammence in June. Also, cflngressional proposals for re-enaci�nent of Revenue Sharing should be decided one way ar �he other by A'fay or June. It woul.d there£ore i�e anticipated that a sotu�d decisian on the use of Revenue Shaxing fLmds could be made no Iater than June, 1976. It is rECOmmended tl�at a specific daie of b�arch 29 be established to receive citizen st�ggestions an the use of Revenue Sharing ft�as, and. �hat official notice of such meeting be published in the Rnsevi�l� Sun. on February I8 and 1�?arch 17. If the Council conc�s with this appxaach the s�aff wi1l prepare information vn the Reyenue Sharing Act and ather supplemental data to assist �.he Coimci]. �n the process of determining its use. This infaxmation will be provzded. as saon as possible and �Jell in advance of the meeting. Recommended Action: Motian ta establish the xegular Gouncil meeting of A�arch 29, 197b, as the time when the Council would receive suggestions on the �e of General Revenue Sharing funds ana that an offxcial n.oti:ce of such meeting be publ�.shed in the Raseville SLm. on Febr�iary 18 and Nlarch 17 .