pages: CityCouncil/2005-02-15.pdf, 5
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CityCouncil | 2005-02-15 | 5 | the City because the bondholders would demand insurance to cover any State default; Covenants and Conditions of the bond will state the bondholders recourse is not to any cities involved, but to the State. Mayor Johnson inquired whether a default on the bonds would have no impact on the cities, to which the City Manager responded in the affirmative. Vice Mayor Gilmore congratulated staff for the creative solution to deal with the budget deficit for the current year and next year. Mayor Johnson noted that Assemblywoman Chan thought the idea was very interesting and a good strategy. Councilmember Matarrese moved adoption of the resolution. Councilmember Daysog seconded the motion, which carried by unanimous voice vote - 5. ( (05-083) Recommendation to accept budget adjustments to revenue and appropriations. The Interim City Manager gave an overview of the budget adjustments. Mayor Johnson inquired why there is a cost to be part of the Alameda County Emergency Medical Services (EMS) system. The Interim City Manager responded the cost is for providing emergency medical coordination. The Deputy Fire Chief stated the County provides quality assurance overview; every city in the County pays a fee to the County EMS, which is the medical authority responsible for administering licenses, classes, and protocol the fee is for overhead and quality assurance. Mayor Johnson inquired whether the City reviews the County EMS budget, to which the Deputy Fire Chief responded the City receives a copy of the budget. Mayor Johnson inquired whether every city pays $500,000, to which the Interim City Manager responded the fee charged is per parcel. Mayor Johnson inquired whether the City has to pay for training, to which the Deputy Fire Chief responded in the affirmative. Regular Meeting Alameda City Council 5 February 15, 2005 | CityCouncil/2005-02-15.pdf |