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01/23/2017 Meeting Minutes
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01/23/2017 Meeting Minutes
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Legislation-Meeting Minutes
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Meeting Minutes
Date
1/23/2017
Year
2017
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Minutes of the Regular Meeting of Council <br />Monday, January 23, 2017 <br />Page 15 <br /> <br />J <br /> <br />Mr: Pollack stated; Tliomas Jefferson said that when you appoint representatives to represent <br />you, sometimes you have to 'worry when you give them the power.because they overuse their <br />power. Now I think you are using jargon. You know the will of the population: Council President Saponaro stated, and- I recognize the will of the popuTation. If we plan on <br />doing it tonight, I will do that. We will put it riglit in tlie appropriate part of the agenda, that's <br />a11. . <br />Mr. Pollack asked, when are you going to put it in, the last part of the agenda? All these people <br />came and took time out. <br />Council President Saponaro stated, if you look at what's on the agenda, there's places for it to <br />go. We can.do that. <br />Mr. Pollack asked, can you change it? <br />Council President Saponaro stated, we can amend the agenda if Council- <br />Mr. Pollack asked, would you amend the agenda so that people can go? <br />Council President Saponaro stated, I will make a motion to amend the agenda, yes. <br />Mr. Pollack asked, and that will be done right now so these people can be assured and they can <br />go home to their. families? <br />Council. President Saponaro stated, yes, we will do it before so that people can do that and then <br />we can get our Committee members sworn in. <br />Mr. Pollack asked, I have your word on that? <br />Council President Saponaro stated, you can stay and find out my word, okay? Anyone else? <br />Mahesh Jhala <br />6818 Wildwood Trail <br />I am a retired financial services professional and a financial consultant. In order for any one <br />entity whether they are structured as an LLC or a corporation to pay the ERISA approved benefit <br />which would be a full-time benefit, it could be for somebody working more than 25 hours a <br />week. Anybody working less than that and in terms of fair market value making $8,000 or <br />$10,000 working part-time, the value of the full-time benefit comes out to be $25,000, it won't <br />fly. It won't meet the test. You cannot deduct the healthcare cost on your tax returns. The whole <br />idea is illicit. Let's just not promote any more discussion and kill it. It will not work. <br />Council President Saponaro stated, thank you.
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