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Regular City Council Meeting <br />June 9,2003 <br />Page 17 <br /> <br />contract. Why could the city not go with that contract? <br /> <br />Mayor Fendley advised that the City Council has the detailed minutes of the <br />committee when they met, and they will bring Agenda Item 5B and 5C from the <br />table and they will hear the staff' s comments about the Subcommittee's report. <br />We will get the budget and the additional financial information from Mr. <br />Anderson, and then the City Council can talk about all of those issues. <br /> <br />Councilwoman Neeley stated that the three new council members need the <br />notebook that has the study done by Reed and Stowe. <br /> <br />Councilman Bell said he recalled that several years ago toward the end of the <br />budget year they would rob the water and sewer fund to pay the general fund. At <br />that time the amount was in the area of $300,000.00. Councilman Bell waned <br />to know what amount is projected for this year for the Council to transfer to the <br />City. Councilman Bell said at that time Mr. Malone explained that the amount <br />was to reimburse his time, the attorney's time, the engineer's time. He wanted <br />to know if a project of that amount of money had been made for this year. <br /> <br />City Manager Malone advised that this money is for more than just these <br />individual's time. It covers a franchise fee that is charged and paid by the Water <br />and Sewer Fund. There is also an administrative transfer which in many cases <br />is under the percentage that other cities transfer in to their General Fund for the <br />same purpose. City Manager Malone said he did not have that figure handy. <br /> <br />Mr. Anderson advised that the projected administrative transfer is $750,000.00. <br />The franchise fee brings that up to about 1.1 million dollars. <br /> <br />Mr. Bell stated that the city is going to take a million dollars out of the Water and <br />Sewer Fund and put it into the General Fund for administration and franchise <br />fees. <br /> <br />Councilman Bell asked if it was true that if we privatize the water and sewer <br />departments the city would collect the franchise fee but not the administrative <br /> <br /> <br />