Finance Committee - 4/17/2019 Page 15
Mayor Donchess
Correct and not one of those dollars will be a City tax dollar.
Alderman Caron
Ok thank you, my next question is are they holding that in a separate account for the Performing Arts Center?
And | see a head shaking.
Mr. Cummings
If | may Mr. Mayor, yes, yes, they are, it’s a whole separate bank account.
Alderman Caron
So do you think that someday we will know what we have in that bank account?
Mr. Cummings
If | may, | know the Capital Campaign Committee, which | am not part of, is working hard and as diligently as
possible and, in fact, | believe they meet tomorrow morning.
Alderman Caron
Thank you.
Mayor Donchess
But they cannot really begin in earnest until we have the design so | mean that’s getting close.
Alderman Harriott-Gathright
My question is the $40,000.00 so conceivably they might not ever get to that $40,000.00 correct?
Mayor Donchess
Correct.
Alderman Harriott-Gathright
Thank you.
Alderman Caron
We'd like them to that’s the thing.
Alderman Harriott-Gathright
No we don’t.
Alderman Caron
Yeah you do because you want that $4 million dollars.