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<br />requested a cost benefit analysis of the permeable pavers. This information will be <br />provided to Board members within two weeks. <br /> <br />The City’s FY12 budget process was then discussed. Mr. Walker provided an overview of <br />the City’s budget timeframe. A budget is scheduled to be presented to City Council before <br />the end of February. Given that parameter, Ms. Riganti asked Board members to meet <br />again in February to discuss the Economic Development Retail Sales Tax budget. It was <br />decided that the Board would meet on Wednesday, February 23 at 5:00 p.m. and March <br />16 at 5:00 p.m. at City Hall to discuss and adopt the budget. <br /> <br />Ms. Riganti indicated that the Board should estimate expenditures based on $500,000 <br />anticipated revenues. Two submittals have been received to date: one from U City in <br />Bloom and one from the LSBD. Mr. Edwards provided an overview of the LSBD request. <br /> <br />There being no further business, the meeting adjourned at 4:50 p.m. <br /> <br />Respectfully submitted, <br /> <br />___________________________ <br /> <br />Andrea Riganti, Acting Secretary <br /> <br />