Minutes 2010 0621 - Laserfiche WebLink

Home

MINUTES Page I1 City of San Leandro City Council. San Leandro Parking Authority, San Leandro Public Financing Authority, and San Leandro Redevelopment Agency Joint Meeting —June 21, 2010 to be made if revenues did not increase, and that the General Fund reserves would fall to a dangerously low level. Vice Mayor Reed commented on the dire state of the City's budget, and expressed support for moving the matter forward. \'ice Mayor Reed stated, "I definitely would approve the staff preparing the documents pertaining to placement of the tax revenue measure; and, if possible, keeping in mind what Councilmember Stephens has just stated, they could give us perhaps what it would look like if we kept the measure for four years, versus five years, versus seven years; some type of analysis of what that would look like." A motion was made by Vice Mayor Reed, seconded by Councilmember Prola, to prepare the documents pertaining to placement of a proposed '/� cent sales tax measure on the November 2010 ballot, for consideration at the July 19, 2010 meeting. Councilmember Starosciak stated, "So, some of the questions 1 would like to have answered in that documentation is: What does the Citizen's Advisory Oversight Committee look like and how is it selected? Why you chose seven, versus eight, versus 20, versus three? I think that's a very valid question. 1 think we're all curious about that. And, my final question would be about the annual independent audit. What does that mean? What does "independent" mean; to explain what that looks like." Councilmember Gregory stated, "I agree, the seven year is questionable. On the one hand, our intent here is to weather the storm, and it is questionable whether it is another two years or another three years. Seven could be a little broad, so that's something we should discuss." He noted that earlier polling indicated overwhelming support for the measure. He commented on the mounting distnist by residents toward state and federal legislators, the interest in having control over local revenues. and the success by other local agencies with similar revenue measures. Councilmember Gregory suggested looking more closely at the seven -year sunset and the audit components of the measure. Councilmember Prola commented that in the polling, seven years was the limit that voters would accept. He noted that all signs point to a slow economic recovery, and he expressed support for a longer sunset, to ensure the City could weather the prolonged recession. Mayor Santos suggested applying a portion of the revenues to reserves. • Minute Order No. 2010 -033, Motion Directing Staff to Prepare Documents Pertaining to Placement of a Proposed 1/4-Cent Sales Tax Revenue Measure on the November 2010 Ballot and Bring the Infommation for Consideration at the July 19, 2010 City Council Meeting. The City Council directed staff to prepare documents pertaining to placement of a proposed 1/4 -cent sales tax revenue measure on the November