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

AGENDA ITEM NO. 20

Introduced by the County Services and Finance Committees of the:

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