Board of Aldermen Page 9
August 9, 2016
CONFIRMATION OF MAYOR'S APPOINTMENTS — None
UNFINISHED BUSINESS - RESOLUTIONS
R-16-044
Endorsers: Mayor Jim Donchess
Alderman Richard A. Dowd
Alderman Ken Siegel
Alderwoman Mary Ann Melizzi-Golja
Alderman Sean M. McGuinness
Alderman Don LeBrun
Alderman-at-Large Michael B. O’Brien, Sr.
Alderman Tom Lopez
Alderman-at-Large Brian S. McCarthy
AMENDING R-15-188 TO ALLOW THE CLOSING FOR PURCHASE OF THE HYDROELECTRIC
FACILITY IN MINE FALLS PARK TO OCCUR ANYTIME BETWEEN DECEMBER 15, 2016, AND
DECEMBER 15, 2017
Given its second reading;
MOTION BY ALDERMAN DOWD FOR FINAL PASSAGE OF R-16-044
MOTION CARRIED
Resolution R-16-044 declared duly adopted.
R-16-045
Endorsers: Mayor Jim Donchess
Alderman Ken Siegel
Alderman-at-Large Lori Wilshire
Alderman-at-Large Michael B. O’Brien, Sr.
Alderwoman Mary Ann Melizzi-Golja
Alderman Tom Lopez
Alderman June M. Caron
Alderman-at-Large Brian S. McCarthy
ESTABLISHING AN EXPENDABLE TRUST FUND FOR STATE EMPLOYER PENSION COSTS
Given its second reading;
MOTION BY ALDERMAN SIEGEL FOR FINAL PASSAGE OF R-16-045
ON THE QUESTION
Alderman Siegel
This legislation establishes a bucket. It does not establish an expenditure it is a container to hold funds.
| want to make that clear. Whether we put funds in it or not is up to the Board of Aldermen and is a
separate decision and that is why it is different than previous legislation that has appeared before this
Board. | would recommend passage. Thank you.
Alderman Moriarty
| am going to vote against this because if you can spend the money without having to override the
spending cap then | believe you should just spend the money directly. In the past we had a similar trust
fund created and you could fill it with revenues that would normally be used instead of tax money to pay
the general fund and then in the end you end up effectively implementing a spending cap by-pass
without ever having to override the spending cap with ten votes. You create a fund with eight votes and