Board of Aldermen 5-21-2020 Page 56
Alderwoman Kelly
Thank you. | think one of the things that is on my mind is | would like to know a bit of the methodology for
what the revenue was. | mean | put this in and | didn’t hear what the revenue loss would be until, | mean
we are going fast, but it was like maybe a couple of days ago. So | just wanted to know how they
calculated that and just clarify that. | as a bit surprised too with what it came back with. So that is one of
the things | would like to clear up before Infrastructure.
President Wilshire
We do have Director Cummings with us, | don’t know if he wants to shed some light on that. Director
Cummings.
Tim Cummings, Director of Economic Development
Thank you, Madam Chair, can you hear me.
President Wilshire
Yes.
Tim Cummings, Director of Economic Development
Great, so for the record, Tim Cummings, Director of Economic Development. Relative to how the
calculation was arrived at; essentially what we did is we took basically a look at last year’s revenue and we
saw where we were at and then we compared it to, we took an average of what we have seen as a
deduction for the last 6 weeks or so based off of the revenue that we weren’t taking and we applied
monthly. So, you know, that is essentially the best forecast that we could come up right now with the limited
data that we had. We only had about 6 weeks’ worth of revenue data to look at. | would have liked a little
bit more but essentially, we developed that model. And that was the best way we could come up with it at
this time. It averaged | believe to be something in the order of magnitude about a 53% deduction from,
assuming last year’s number that’s what we would anticipate a loss moving forward. We assumed a June
1° start date and we concluded it November 15"", the mod of the month.
President Wilshire
Thank you, Director Cummings. The Motion is to refer to the Infrastructure Committee. Anyone else have
discussion? Alderman Jette.
Alderman Jette
Yes, so | was initially going to say why is this being brought forth a second reading tonight? | mean we’ve
got, you know the COVID-19 virus has given us all a fever of trying to get things done as quickly as
possible and avoid the normal referral to Committee and discussions in Committee. | don’t particularly like
this Ordinance. | want to point out that there’s already free parking after 5:00 p.m. or 6:00 p.m. in some
cases. You know Main Street, it was 7:00 p.m. but there’s no parking on Main Street anymore. And it is
free on Saturday and Sunday. So | am not sure the boost that Alderman Kelly, of the people who put this
forward, is going to be there. But | am a great believer in discussing things in Committee. So for that
reason | will support her Motion to refer it to the Committee.
President Wilshire
OK anyone else? The Motion is to refer Ordinance 20-017 to the Committee on Infrastructure. Seeing no
one, would the Clerk please call the roll?
