1984/05/02 Council Minutes - Laserfiche WebLink

183 may 2,1984 councilman Pope asked where the funding would come from and Mr. McClain replied that S30,000 had already been budgeted and the additional S10,000 would come from hotel-motel funds at the time ch. contract was drafted. Councilman Michelson asked if this funding would be annually and the mayor replied it would be until such time as the corporation becomes self-sufficient,probably 3-5 years. president Stephenson asked about the amour.budgeted for salaries and Jerry Hann said this was a prormsed budget to include salaries for a director, supporting staff and a half-time clerical-technical person. Board members will not be paid. • Delores Grabner,of 5910 Lombard,inquired if this corporation won. 1 I be responsible as far as lawsuits are concerned and Bill Austenson, Attorney working with Thorson-Peterson Planning Group, replied this rms a public corporation and subject to the laws that relate thereto, and Mr. Hann commented the corporation could sue and be sued. President Stephenson asked if anyone else wished to speak and no One replied. I' moved by councilman Gipson, seconded by Councilman Overstreet,.to close the public hearing. Roll was called with all Councilmen voting yes, except CoUncilman Langus,who was excueed. motion Carried Moved by Councilman Overstreet, seconded by Councilman Gipson, to authorize the Mayor to issue Public Development Corporation Charter to Everett Ventures Group. • Roll 4ms called with all CouncilMen voting yes, except CoUncilman Lang.,who was excused. Motion Carried RESOLUTION-CLAIMS BE IT RESOLVED by the City Council of the City of Everett that the cleims against the City of Everett as of April 27, 1984, and .1 warranta issued,May 2, 1984, having been audited, be and the same ara herebY aPproved and the proper office.are hereby authorized and directed to charge warrants against the proper funds in payment • thereof,as follower