Board of Aldermen 09-22-2020 Page 48
Attorney Bolton
Madam President, may | correct something that was said?
President Wilshire
Yes.
Attorney Bolton
Any money thatis in surplus that is not designated to be escrowed in this manner does lapse into
undesignated fund balance. So if this amendment passes that amount of money that is struck from this
Resolution increases the undesignated fund balance. That is not really here or there; you can do that if you
want to do that. If in the future later in the Fiscal Year, there’s a decision to again narrow Main Street by
the use of barriers, and there was going to be a supplemental appropriation from fund balance, that would
require 10 votes, not a simple majority. So it does impact the ease with which it could be done next year,
or in the course of the year.
President Wilshire
Any further discussion on the amendment to remove the $410,000.00 from the Riverfront Lighting and the
cost of barriers for $200,000.00. Alderman Cleaver?
Alderman Cleaver
Yes, thank you Madam President. These two line items are very important to the downtown, both are
important, both are long-standing and proven to be beneficial. We have to go forward with this. | think it
would be ridiculous to try and remove those funds at this point.
President Wilshire
Thank you, Alderman Cleaver, anyone else? Seeing none, would the Clerk please call the roll?
A viva voce roll call was taken which resulted as follows:
Yea: Alderwoman Lu 1
Nay: Alderman O’Brien, Alderman Klee, Alderwoman Kelly, Alderman Dowd,
Alderman Caron, Alderman Clemons, Alderman Lopez, Alderman Tencza,
Alderwoman Lu, Alderman Jette, Alderman Schmidt, Alderman Laws,
Alderman Cleaver, Alderwoman Harriott-Gathright, Alderman Wilshire 14
MOTION FAILED
President Wilshire
So that motion carries, so we are back to Alderman Clemons’ motion for final passage as amended.
Alderman Clemons
| think you meant the motion fails.
Alderman Dowd
Fails.
