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Minutes - City of San Leandro City Council and Page - 10 - <br /> Redevelopment Agency Meeting - August 5, 1996 <br /> 4.9 Lou Filipovich, 15376 Laverne Drive: Take into consideration Item <br /> 5.3, Resolution approving contractual services agreement with the <br /> Chamber of Commerce for the Leadership Program. I would like to see <br /> that put off. That should be further discussed for the simple reason <br /> based on the City Charter. The Charter specifies that the City is <br /> run on a non - partisan basis, and this type of program clearly has an <br /> appearance of partisanship. It should be non - partisan and is <br /> partisan, and is not apply or giving all people a chance to <br /> participate. That is a statement not an argument. We are talking <br /> about the budget. I want to address debt. It is going to be <br /> astronomical the minute we add another $21 million from Residence <br /> Inn. We are going to be something like $73 million. One paper <br /> referred to it as a town meeting, the other as a community meeting. <br /> The meeting itself didn't get anything resolved. What I would like <br /> to suggest, in -house financing, and would like to suggest that we add <br /> another amount to the bond, rounding off based on the City <br /> population. The other $72 million, you give one million to every San <br /> Leandro citizen, we will put the money up in a fund. We will put it <br /> into an investment and then they can pay all the bills and all the <br /> taxes that will accumulate to pay off our debt. That should be given <br /> some serious thought. If in -house financing, I have talked to some <br /> in the financing business and it is staggering. We are not thinking <br /> the $91 million bomb, we are going to have oodles of sales tax money; <br /> we will be able to pay for it all. So we will raise from $21 to $90 <br /> million. However, if we don't do something about the debt, you are <br /> not going to get nothing done in this City because the base for <br /> revenue earning is not compensatory for the majority of people. <br /> 6. CONSENT CALENDAR <br /> Consent Calendar items are typically routine in nature and are considered <br /> for approval by the City Council with one single action. The City Council <br /> may remove items from the Consent Calendar for purposes of discussion. <br /> Items listed on the Consent Calendar are deemed to have been read by title. <br /> Items 5.3 and 5.7 were removed from the Consent Calendar to New Business, <br /> and the remaining items on the Consent Calendar were approved as follows: <br /> M /5 /C Polvorosa and Galvan. Ayes: 7; Noes: 0 <br /> 5.1 Minutes of the Meetings of June 3, 10, 19, and 26, 1996. Approved as <br /> submitted. <br /> 5.2 Minutes of the San Leandro Redevelopment Agency Meeting of June 17, <br /> 1996. Approved as submitted. <br /> 5.3 Approving Contractual Services Agreement with San Leandro Chamber of <br /> Commerce for Leadership San Leandro Program (provides funding for <br /> Chamber of Commerce to conduct "Leadership San Leandro Program" to <br /> educate emerging community leaders about current and future community <br /> needs and concerns). Removed from the Consent Calendar to New <br /> Business. <br />