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01-02-87 Finance Comm Minutes0 Finance Committee January 2, 1987 Councilman Palmer called the meeting, to order shortly after 8:00 am. _ Committee meTbers Ruiz and Nystul, Mayor Kennedy and Clerk/Treasurer Halver were also there. 1. Business Licenses Don Halver reported on his review of existing business license fees, fees charged by other cities and his recommendation of a general business license costing $25.00 a year. Nayor I:ennedy said the Building Department would like a licensing system that will allow him to know who is operating the business. It would also help the police and fire departments. ? Councilman 11ystul suggested we- ,should consider it as a registration of the business and not as a method of levvin4 additional income. Councilman Palmer suggested the licensing would be a good job for the Fire Department, they could coordinate it with their inspections and would have a curent record of all businesses. Falver explained he would like the license for vending machines eliminated. A special higher rate probably should be set fo"r"the merchant selling out of the back of a truck. It was the consensus the concept of all businesses in the City being licensed at $25.00 a year be presented to the council at the next meeting. 2. Budget Review Chairman Palmer asked if there would be a midyear budget review. Halver reported there would be budget reports run after the bills are approved and paid this week and he and the Mayor would be reviewing them. - 1 -