Phoenix City Council to Vote on Funds for Payout to Former Valley Metro CEOPhoenix City Council to Vote on Funds for Payout to Former Valley Metro CEO<div class="ExternalClass32A0397257B74547B7DAF24B1897248B"><div>The City of Phoenix will call a special Policy meeting after Wednesday's Formal City Council meeting to address stripping $64,000 of funds from Valley Metro. The $64,000 represents the city's proportional share of the $180,000 payout Valley Metro plans to hand over to Steve Banta.</div><div><br></div><div>The decision to vote on this item came after three councilmen, Michael Nowakowski, Jim Waring and Sal DiCiccio, sent a letter to the City Manager requesting a vote be taken at the next council meeting regarding the payout.</div><div><br></div><div>"This is great news and gives the Council the opportunity to protect Phoenix taxpayers from bad decisions. If politicians want to hand over $180,000 to a person accused of fraud and under investigation by the state, then they should use their own money. It's time to stop this insanity," said Phoenix City Councilman Sal DiCiccio.</div><div><br></div><div>Banta was the former head of Valley Metro and currently is under an Attorney General investigation after an audit alleged he and his staff misspent approximately $315,000 of Valley Metro funds, with more than $270,000 in spending from Banta himself.</div></div>10/4/2016 9:00:00 PMDavid Urbinato602-495-5405