-->-->-->-->-->-->-->-->-->-->-->-->-->-->-->-->-->-->JANUARY 28, 2003

AGENDA ITEM NO. 20

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Introduced by the County Services and Finance Committees of the:

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INGHAM COUNTY BOARD OF COMMISSIONERS

RESOLUTION TO ELIMINATE PER DIEMS TO INGHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION MEMBERS

�RESOLUTION #03-010

�WHEREAS, the Ingham County Economic Development Corporation (ICEDC) has followed the practice of paying its member a per diem of $50; and

�WHEREAS, the ICEDC can no longer obtain revenues from issuance of bonds, and no longer has significant oversight responsibilities; and

�WHEREAS, the budget of the ICEDC for 2003 ($152,871) is 50.99% of the 2001 budget ($299,840); and

�WHEREAS, Ingham County faces possible reduction in revenue sharing funds and other fiscal challenges.

�THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners approves eliminating per diems to the members of the ICEDC.

�BE IT FURTHER RESOLVED, that the County Controller reallocatefundswithin the ICEDC budget in order to accomplish the economic development mission and goals of Ingham County.

�COUNTY SERVICES COMMITTEE:�� Yeas:� Celentino, Holman, De Leon, Schor, � Severino, Nevin������Nays: None������ Absent:� None����� Approved1/21/03�

�FINANCE:�� Yeas:�Grebner, Swope, Dedden,Hertel, Thomas, Minter��� Nays:� None��

�� Absent:None�� Approved1/22/03

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