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221 NOTICE OF SPECIAL MEETING A SPECIAL MEETING OF THE COUNCIL WILL BE HELD ON Wednesday, October 14, 1992 AT 12:00 noon IN THE Buford School Media Center. THE PROPOSED AGENDA IS AS FOLLOWS: Luncheon meeting with School Board BY ORDER OF THE MAYOR BY Jeanne Cox (signed) 'BUFORD SCHOOL MEDIA CENTER - October 14, 1992 Council met in special session on this date with the following members present: Ms. Daugherty, Ms. Slaughter, Mr. Vandever. Absent: Rev. Edwards and Mr. Toscano. City Council and members of the School Board toured the technology education center, Technology Lab 2000, which replaced the industrial arts course previously offered. The~eeting was adjourned. Pres~!~7 COUNCIL CHAMBER - November 2, 1992 Council met in regular session on this date with the following members present: Ms. Daugherty, Rev. Edwards, Ms. Slaughter, Mr. Vandever. Absent: Mr. Toscano. Mr. Vandever announced that the second reading of the ordinance imposing utility tax on "wireless" cable subscribers would be deferred to the next meeting due to the absence of Mr. Toscano who serves on the Cable Advisory Committee. PUBLIC Mr. Sheldon Anderson, President of the paramount Theater and Cultural Center, Inc. requested that the Council consider changing the tax exempt status of the Paramount Theater to make it exempt from real and personal property taxes. Mr. Anderson anticipated that the taxes, after renovation of the building, will exceed $30,000 and would have a devastating impact on the operating budget. Mr. Anderson noted that the building will be operated as a public building and will have a positive impact on the vitality of the downtown mall, and added that many similar facilities throughout the state have been granted tax exempt status. Ms. Slaughter noted that she would be willing to reconsider Council's policy not to grant tax exempt status but also suggested that the Paramount Board consider whether the request might come at a better time. Ms. Slaughter added that she felt it would be helpful to have the Paramount's master plan available. Ms. Daugherty requested that information be provided on other successful theaters, their operating budgets, and whether they are tax exempt. Mr. Anderson stated that the Paramount Theater in Bristol, Tennessee, which is similar to the local Paramount, is tax exempt. It was agreed that the matter would be considered at the November 16th meeting.