Motion To: WHEREAS after consideration of this report by the Finance and Economic Development Committee on April 2, 2019, it was noted that Document 1 (Summary of BIA and Mall Authority Budgets) required an amendment to correct the following section: Kanata North BIA Sources of Financing amount should be broken down as follows: the 2019 proposed levy of four hundred and fifty-one thousand, five hundred dollars ($451,500), less five thousand dollars (-$5,000) for vacancy rebates, and less twenty thousand dollars (-$20,000) for remissions, for a total of four hundred and twenty-six thousand, five hundred dollars ($426,500). THEREFORE BE IT RESOLVED that Document 1 in the report from Finance and Economic Development Committee be replaced with the revised Document 1 attached to this Motion.
Absent/RecusedJ. Watson (a)
K. Egli (a)
T. Nussbaum (a)
Vote recorded from City Council on 2019-04-10 regarding agenda item 2019 BUDGETS AND SPECIAL LEVIES FOR BUSINESS IMPROVEMENT AREAS AND SPARKS STREET MALL AUTHORITY.