HomeMy WebLinkAboutCOUNCIL - SUMMARY AGENDA - 10/26/2004 - ADJOURNED MEETING AGENDA (SUMMARY)COUNCIL OF THE CITY OF FORT COLLINS
ADJOURNED MEETING AGENDA
The Adjourned Meeting will begin at
October 26, 2004 the conclusion of the GID No. 1 meeting
Call Meeting to Order.
2. Roll Call.
3. Items Relating to the 2005 Downtown Development Authority Budget.
A. First Reading of Ordinance No. 177, 2004, Appropriating Operating Funds and
Approving the Budget of the Downtown Development Authority for the Fiscal Year
Beginning January 1, 2005, and Fixing the Mill Levy for the Downtown Development
Authority for 2005.
The Downtown Development Authority (the "DDA") adopted the proposed DDA budget
for 2005, totaling $6,939,362, and determined the mill levy necessary to provide for
payment of administrative costs incurred by the District at its regular meeting on October
7, 2004.
B. First Reading of Ordinance No. 178, 2004, Appropriating Revenue in the Downtown
Development Authority Debt Service Fund for Payment of Debt Service for the Year
2005.
This Ordinance appropriates funds for 2005 from the tax increment received by the City
for the DDA for debt service payments. Debt service and annual lease payments include:
2004 Subordinate Bond $ 247,430
Prior year refunding Bonds 2,077,275
Share of Parking Structure 282,674
2005 DDA projects 1,000,000
4. Other Business.
Adjournment.
This meeting needs to be adjourned to 4:00 p.m. on November 9, 2004, for the purpose of
meeting with Slavin Management Consultants regarding the executive search process and to
conduct the annual performance reviews of the City Attorney, City Manager and Municipal
Judge.
The City of Fort Collins will make reasonable accommodations for access to City services, programs,
and activities and will make special communication arrangements for persons with disabilities. Please
call 221-6515 (TDD 224-6001) for assistance.