FINANCE/INVESTMENTS COMMITTEE

City of Marietta 205 Lawrence Street Post Office Box 609 Marietta, Georgia 30061 Meeting Agenda FINANCE/INVESTMENTS COMMITTEE Joseph R. Goldstein, Chairman Reggie Copeland, Vice Chair Michelle Cooper Kelly Tuesday, February 27, 2018 Council Chamber Immediately Following Special Called City Council Meeting CALL TO ORDER: MINUTES: 20180141 Regular Meeting - January 30, 2018 Review and approval of the January 30, 2018 regular meeting minutes. BUSINESS: 20180161 Hotel Motel Tax Hotel Motel monthly financial report for January 2018. 20180162 Auto Rental Tax 3% Auto Rental Tax monthly financial report for January 2018. 20180163 Finance Update City of Marietta Page 1 Printed on 2/26/2018 10:27:24AM FINANCE/INVESTMENTS Meeting Agenda February 27, 2018 COMMITTEE 20180244 Reduction of 2014 Redevelopment Bonds Motion to incorporate into upcoming Budgets commencing with 6/19 Budget, planning for a reduction of outstanding 2014 Redevelopment Bonds or equivalent escrow thereto by allocating available remaining funds of bond proceeds, recognizing and allocating increase of ad valorem tax digest, and use of escrow amortized funds being set aside annually for purposes of facilitating a Redevelopment bond millage rate of a targeted 1.75 mills commencing October, 2019 and 1.5 Mills commencing October, 2021 for the remainder of the “bond period”. Requested by Mayor Tumlin ADJOURNMENT: City of Marietta Page 2 Printed on 2/26/2018 10:27:24AM