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HomeMy WebLinkAboutMN-CC-1998-04-08 COMMON COUNCIL PROCEEDINGS CITY OF ITHACA, NEW YORK Special Meeting 8:25 P.M. April 8, 1998 PRESENT: Mayor Cohen Alderpersons (6) Manos, Sams, Marcham, Shenk, Spielholz, Gray OTHERS PRESENT: City Clerk – Conley Holcomb PLEDGE OF ALLEGIANCE: Mayor Cohen led all present in the Pledge of Allegiance to the American flag. SPECIAL ORDER OF BUSINESS: 2.1 Authorization of CWSRF Application and Project Financing and Loan Agreement By Alderperson Marcham : Seconded by Alderperson Shenk WHEREAS, City of Ithaca herein called the "Borrower", after thorough consideration of the various aspects of the problems and study of available data, has hereby determined that the project generally described as Wastewater Treatment Plant Modifications and Phase I: Interceptor and Collector Sewer Reconstruction, 3 Part and identified as CWSRF Project Number(s) 6387,01,0; 6387,02,0, herein called the "Project", is desirable and in the public interest, and to that end it is necessary that action preliminary to the construction of said Project be taken immediately, and WHEREAS, the United States, pursuant to the Federal Water Quality Act of 1987 (as such may be amended from time to time, the "Water Quality Act"), requires each State to establish a water pollution control revolving fund to be administered by an instrumentality of the state before the state may receive capitalization grants under the Water Quality Act, and WHEREAS, the State of New York has, pursuant to the State Water Pollution Control Revolving Fund Act, Chapter 565 of the Laws of New York 1989, as amended (the "CWSRF Act:") established in the custody of the New York State Environmental Facilities Corporation (the "Corporation") a water pollution control revolving fund (the "Fund") to be used for purposes of the Water Quality Act, and WHEREAS, the Corporation has been created, reconstituted and continued pursuant to the New York State Environmental Facilities Corporation Act, as amended, being Chapter 744 of the Laws of 19709, as amended, and constituting Title 12 of Article 5 of the Public Authorities Law and Chapter 43-A of the Consolidated Laws of the State of New York, being a body corporate and politic with full and lawful power and authority to provide financial assistance from the Fund, and April 8, 1998 2 WHEREAS, the Corporation has the responsibility to administer the Fund and to provide financial assistance from the Fund to municipalities for eligible projects, as provided in the CWSRF Act, and WHEREAS, the CWSRF Act authorizes the establishment of a program for financial assistance for planning, design and construction of eligible projects; now, therefore, be it RESOLVED, by Common Council, City of Ithaca as follows: 1. The filing of an application for CWSRF assistance in the form required by the Corporation in conformity with the CWSRF Act is hereby authorized, including all understandings and assurances contained in said application. 2. The following person, as chief fiscal officer, is directed and authorized as the official representative of the Borrower to execute and deliver an application for CWSRF assistance, to execute and deliver the Project Financing and Loan Agreement and any other documents necessary to receive financial assistance from the Fund for the Project, to act in connection with the Project and to provide such additional information as may be required and to make such agreements on behalf of the Borrower as may be required: Dominick R. Cafferillo City Controller 3. The official designated above is authorized to make application for financial assistance under the CWSRF Program for either short-term or long-term financing or both. 4. One (1) certified copy of this Resolution shall be prepared and sent to the New York State Environmental Facilities Corporation, 50 Wolf Road, Room 508, Albany, New York 12205-2603. 5. This Resolution shall take effect immediately. Carried Unanimously 2.2 Opposition to Rescission of Local Sales Taxes on College Textbooks By Alderperson Marcham : Seconded by Alderperson Shenk WHEREAS, Tompkins County and the City of Ithaca have learned that the New York State Legislature’s General Budget Conference Committee has endorsed a tax cut package that includes rescission of the state and local sales taxes on college textbooks, and WHEREAS, Tompkins County is home to an estimated 25,000 college students out of a total population of 96,000 (1995 Census Bureau estimate) and will therefore feel a negative fiscal impact from this rescission of any proportion to other counties in New York State, and April 8, 1998 3 WHEREAS an analysis of college textbook sales in Tompkins County has produced an estimate by the office of the County Administrator of an ongoing net revenue loss to County government of $258,000 per year, to the City of Ithaca of $154,000 per year (equivalent to 2% of the City’s property tax levy), and to the towns and villages of Tompkins County of $46,550 per year, and WHEREAS, the plan to exclude graduate students from this rescission may be very difficult to administer and may result in only slight reductions in these revenue losses, and WHEREAS, the State increase in revenue-sharing for the City as currently proposed (app. $30,000) while welcome, falls far short of the textbook losses, and “local option” on state-ordained rescissions actually places localities at a disadvantage, and WHEREAS, the loss of sales tax revenues on textbooks may soon be compounded by the loss of sales tax revenues on clothing and footwear, and WHEREAS, any county or city with a high proportion of college students also contains a disproportionately high percentage of exempt real property which increases the rate of real property taxes for owners of taxable property, and WHEREAS, all proposals to exempt specific items from sales taxes have the potential to affect certain counties or regions of New York State in ways dramatically different than they affect other counties or regions; now, therefore, be it RESOLVED, That the City of Ithaca Common Council strongly opposes rescission of local sales taxes on college textbooks and urges Assemblyman Martin Luster and Senator James Seward to work diligently to prevent this rescission, and, be it further RESOLVED, That this Council urges the State of New York not to propose not institute any further item-by-item sales tax rescissions without careful analysis and notification of the impacts of these rescissions throughout New York State. Carried Unanimously ADJOURNMENT: On a motion the meeting was adjourned at 9:00 pm. Julie Conley Holcomb, CMC Alan J. Cohen, City Clerk Mayor