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O SESSIC~ 1616 MINUTES OF THE ~ITY t='l'~ C0~A~ZIL May 9, 1994 At a special ~.r~et study meeting of the City Cuuncil of University City held in the Emez~_ncy OFeratic~s Cerd:er Of City Hall (m Mcmday, May 9, 1994, Mayor Janet Majerus called the meeting to order at 7:00 p.m. since Mr. Wagner could not be present at the last two meetings, Mayor Majerus adm~ the oath of office to him at this On roll call, the following M of the Ccurcil were present: Fur. Geoz~eR. Mr. Joseph L. ~a~, Jr., Mr. ~obertG. Wagner Mrs. MaryV. Sd~man Mr. PaulE. Schocmmr ,Mr. Adams arrived at 8:02 p.m. and Mrs. ~ec~ arrived at 7:25 p.m. Also present were City Manager Frank Ollendorff, Finance Director Willie Nor- fleet, and Assistant City Manager Kimberley ~,-,~ly. The public was invited to attend the meeting as observers. ~ 1994-95 City ~w%jet was the only subject a~cussed. Mayor Majerus thanked Mr. Olleldorff and Mr. Norfleet for again making the most of the City's tax dollars. ~ City Manager referred to page A-3, P~u~/~y Tax Rate, noting that Debt Service Fund amounts will be filled in after the bora sale and the actual tax by c~e cent to $0.31, the highest allowed by law. He also point~5_ out the Tahral~ Board's letter, which eMplains their budget and the few changes made for 1994-95. Council has final approval of the T.{hrary buck/et. Returning to page A-3, Mr. Cotteal asked about the footnote for Uniformed ~n- ployees Pensic~ Fund, which says no taxes are n__~t~ea___ to maintain the fund al- though $.02 is shown in the ~hle. Mr. Ollendorff said the plan is fully $.02 left in so there is m0~ey available for pensio~ im~rovemerfcs. Mrs. Sch~an asked what effect Hancock II would have if it beomBs law. Mr. Nor- fleet said the approved amount for the fund is $0.16, so anything up to that amount would not require a vote. O BUDu~,' S~H4ARTRq General PLu~erty Taxes. On page ~-7, Mr. 011endorff noted that the Tahrary