CITY OF HOMER

HOMER, ALASKA

Heimbuch

RESOLUTION 05-67(A)

A RESOLUTION OF THE HOMER CITY COUNCIL [DIRECTING] REQUESTING THE LIBRARY ADVISORY BOARD AND LIBRARY STAFF TO DEVELOP A REVENUE GENERATION PLAN [USER CONTRIBUTION PLAN] DESIGNED TO PROVIDE A SIGNIFICANT REVENUE STREAM TO SUPPORT THE EXPENSES ASSOCIATED WITH THE NEW LIBRARY CONSTRUCTION AND FUTURE OPERATIONS.

WHEREAS, The City Council, on May 9, 2005, awarded a library construction contract in an amount far exceeding the design engineer's estimates; and

WHEREAS, The construction contract amount required the Council to increase indebtedness for the library project to the maximum amount authorized by voters; and

WHEREAS, The City's desire to be in compliance with municipal accounting practices on depreciation and reserve funds will substantially raise the cost of library operations; and

WHEREAS, The finances of the City and the local taxpayer burden are in delicate balance; and

WHEREAS, It is a common and growing practice to impose user charges in public facilities.

NOW THEREFORE BE IT RESOLVED, that the City Council [directs ]requests the Library Advisory Board and the Library staff to develop a revenue generation plan [user contribution plan] designed to provide a [significant] sustainable revenue stream to support the expenses associated with the new library construction and future operation expenses; and

BE IT FURTHER RESOLVED, that this revenue source will be structured to provide an additional $40,000.00, annually to the City's General Fund; and

[BE IT FURTHER RESOLVED, that this plan will be developed for implementation in the 2006 budget. ]

PASSED AND ADOPTED by the Homer City Council on this 24th day of May, 2005.

CITY OF HOMER

______________________________

ATTEST: JAMES C. HORNADAY, MAYOR

____________________________________

MARY C. CALHOUN, CMC, CITY CLERK

Fiscal Note: Not addressed. Tabled on May 24, 2005.