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HomeMy WebLinkAbout06/06/2000, 5 - ANNUAL MEETING OF THE CAPITAL IMPROVEMENT BOARD 06/06/061 1�N.A. - 5 San Luis Obispo Capital Improvement Board AGENDA REPORT FROM: Bill Statler,Director of Finance I/ Prepared by: Linda Asprion,Revenue Manager., Wl- SUBJECT: ANNUAL MEETING OF THE CAPITAL IMPROVEMENT BOARD CAO RECOMMENDATION 1. Approve minutes of meeting held on September 21, 1999. 2. Elect officers for the Capital Improvement Board(President and Vice President). DISCUSSION In June 1986, the City of San Luis Obispo Capital Improvement Board was established as a public authority to implement required-financing for constructing and improvement to various public facilities. The City Council serves as the Board of Directors for this agency. The By-laws governing the conduct of business by the Board requires that an annual meeting be held on the first Tuesday in June of each year. In accordance with the By-laws, the following agenda has been established for tonight's meeting: ■ Approval of minutes from September 21, 1999. Minutes from the Board's last meeting are attached for approval based on those already adopted by the City Council for this meeting. . ■ Election of officers. In keeping with past practice, it is recommended that the Mayor serve as President and that the Vice-Mayor serve as Vice-President ■ Adjournment. Adjourn to the next regularly scheduled meeting (first Tuesday in June, 2001). ANNUAL FINANCIAL REPORTS Section 3.42.050(D) of Ordinance No. 1059 creating the Capital Improvement Board requires that the Board annually prepare and make available to interested members of the public a statement of its financial affairs, audited by independent certified public accountants. Acting as the City Council, Board members received audited financial statements in November of 1999 encompassing the fiscal affairs of the Board for the fiscal year ending June 30, 1999. Accordingly, this requirement has been met for fiscal year 1999-00. ATTTACI334ENT Minutes from September 21, 1999 meeting 5-1 Si! Pane U_sc4ay; ae;ffl &--Fr. 5%9 .G,RjJ • .o PP.i : NN/�A'WG REfa�tST '`: SS' `:t.[;f;': f.TS FIELD) • _ � ,.�.'� - . .. . _ This ite,n.wss ;wiled 6v :.ziunc;, r..r_:;__ r+� e,F�r�.1 suggested another name fol flea c Jrts fields. ACTION: Moved by the Spa.-(s Fields Complex: ";Y& San Luis Obispo Dar on-Garcia J.. jri; r ,-> s; motion carried 5:0. C4. USE OF COUNCIL CHAMP,EP ;;",' ` iRF71,1IGHT SAN LUIS OBISPO. ACTION: Moved by Romero;:•r��x to i•outhorize the First Night San Luis Obispo organization to use the Cot• : ,6 .hamb,:!r on December 31, 1999,.with limitations on the type of entertainmen!, L. Jhibition of fiis:i or beverages and appropriate level of event supervision. 2) Authorize the City Administrative Officer to approve future requests by First Night San Luis Obispo to use the Council Chamber for its New Year's Eve event; motion carried 5:0. C5. APPROVAL OF USES FOR THREE CITY-OWNED HISTORIC'ADOBES. ACTION: Moved by Romero/Marx to approve the recommendation of the Cultural Heritage Committee that the City's three historic adobes be restored for use in the following manner: 1) La Loma de la Noaalera Adobe-museum and display space with exhibits emphasizing the Mexican and early American periods. 2) Rodriguez Adobe-museum and display space; neighborhood community building. 3) Rosa Butron de Canet de Simmler Adobe-museum and display space; meeting spaces;a caretaker residence; and gardens for weddings, barbecues,etc; motion carried 5:0. • C6. TEMPORARY EMPLOYEE POLICY. ACTION: Moved by Romero/Marx to 1)adopt an expanded Temporary Employee Policy providing for hourly wage increases, limited benefits,and promotional opportunities. 2) Appropriate$6,900 to fund this expanded policy in 1999-00 and $13,900 in 2000-01; motion carried 5:0. BUSINESS ITEMS Mayor Settle adjourned the Regular City Council Meeting and called to order the meeting of the Capital Improvement Board at 4:10 p.m. 1. . MEETING OF THE CAPITAL IMPROVEMENT BOARD APPROVING THE 1999 LEASE REVENUE BONDS. Finance Director Statler presented the staff report. Brief Council questions followed. ACTION: Moved by Marx/Romero to 1)approve the minutes of the meeting held on June 1, 1999. 2) Adopt Resolution No. 8966 approving the sale of the 1999 Lease Revenue Bonds; motion carried 5:0. At 4:20 p.m.,the Capital Improvement Board President adjourned the meeting. Mayor Settle reconvened the Council meeting.