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<br />REVENUE ALTERNATIVES <br />$ 600,000 - ¼ cent ED Sales Tax <br />$ 480,000 - ¼ cent Local Option Sales Tax <br />$1,806,000 - .25 cent Property Tax increase <br />$ 800,000 - Loop parking (has various options) Council agreed with raising of parking <br /> meter fees <br /> <br />The City Manager by handout listed possible means of reducing expenditures. There <br />was no discussion on the listings. This handout was included in the City Manager’s <br />October 9 Weekly. <br /> <br />There was a brief discussion on the rental property registration program which has had <br />public meetings for open discussion. At present the proposal is every rental property <br />owner would obtain a license to rent/lease property in U City. Part two of the proposal <br />would be the fee and rate of inspections on rental units 300 and above or 300 and <br />below. <br /> <br />The meeting was adjourned at 7:00 p.m. <br /> <br /> <br />Submitted by <br />Joyce Pumm, City Clerk <br />