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combine the 1/3 cup sugar and cinnamon, set aside.
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beat butter and cream cheese on medium for 30 seconds.
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Beat in 1 cup sugar and baking powder.
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Beat in egg and vanilla.
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Beat in flour.
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Chill for 1 hour.
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Divide in half. Roll half of dough between two pieces of wax paper into 12 x 8 rectangle. Remove top wax paper.
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Brush rolled dough with half of melted butter. Sprinkle with 2 T. of cinammon-sugar mix.
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Beginning with short side, roll up dough using wax paper to guide seal.
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Repeat with remaining dough.
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Roll rolls in remaining cinamon-sugar mixture. Wrap in plastic wrap.
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Chill 4-24 hours.
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Preheat oven to 375. Cut rolls into 1/4 inch thick slices.
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Place 1 inch apart on ungreased sheet.
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Bake 8-10 minutes.
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Cool on cookie sheet for one minute, tranfer to wire rack.