Finance Highlights 2007 1016 - Laserfiche WebLink

Home

Committee Recommendation The Committee recommends that City Council schedule consideration for approval of administrative guidelines for the City Council Empowerment Fund. 3. Discussion Regarding Revisions to Itinerant Merchant, Peddler and Solicitor's Ordinance Jermanis explained the collaboration of many departments regarding the Peddler ordinance. Many public issues have been raised regarding hand carts, ice cream carts, and peddlers parking at a specific space for a long period of time. Ice cream trucks are now prohibited within 500 feet of a Primary or Secondary school half an hour before and following school day dismissal and are not allowed to sell anything other than food products. Jermanis explained after this ordinance takes effect superintendents of each school district will be informed. Vehicle stickers are no longer used for identification on trailers and trucks. Assistant City Attorney Stuart addressed codifying the prohibition on push carts. Handcarts, pushcarts, and dollies will no longer be allowed on City of San Leandro streets upon implementation of the ordinance. The ordinance will be amending Chapter 4-5, Title 4 of the San Leandro Municipal Code Relating to Peddlers, Solicitors, and Itinerant Merchants. Committee Recommendation The Finance Committee recommends forwarding the amended ordinance to the City Council for approval. 4. Discussion Regarding City Banking Services Request for Proposal Process Jermanis thanked Finance Director Baloca and staff for their hard work in researching different banks in our community in the search of a new banking services provider. The staff each analyzed a local bank to ensure competitive pricing, improve efficiency with technology advancements, and improve audit controls and reporting to seek better customer service. Baloca reported that the City has been banking with Bank of America for 35 years and in keeping with Best Practices, the City conducted the Request for Proposals (RFP) to ensure that the City continues to receive a high level of services at a competitive price. The City currently pays Bank of America $1 l lk annually for general banking services, cash and transit services, and merchant card services. It is staff's goal is to reduce overall annual cost in banking services by 30% or $33k per year. Deputy Finance Director Rodriguez gave a presentation on the RFP process which began on June 8, 2007. Sixteen RFP's were sent out and 8 proposals were received and reviewed. A cost comparison was done on the 8 banks and interviews were conducted for the top 6 banks introducing the best price and service. The evaluation criteria for each bank were in 7 categories: • Ability to provide efficient and user-friendly web-based products • Ability to support products and provide site training • Reliability, experience and quality of service • Experience with public sectors and dedicated resources and staff • Community involvement • Financial strength 2