pages: CityCouncil/2008-10-21.pdf, 20
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CityCouncil | 2008-10-21 | 20 | mutual aid; the City should not provide backup for AMR, a private company; taxpayers should not support AMR; the County should receive a $1 million bill for the service. The City Manager stated staff would follow up; the City made changes to avoid the situation in the future. Mayor/Chair Johnson stated the bill should be sent for past mutual aid. Councilmember/Board Member/Commissioner Matarrese inquired whether the $1 million sales tax overpayment and $1 million bill from the County are outstanding, to which the City Manager responded in the affirmative. Councilmember/Board Member/Commissioner Matarrese inquired the likelihood of the City prevailing on the outstanding County bill. The City Attorney responded the City is in good shape; stated the amount relates to an expired Contract that the City has been trying to negotiate; the county refunded the City when the Contract has expired in the past. Councilmember/Board Member/Commissioner inquired how outstanding amounts are captured on the balance sheet. The Interim Finance Director responded the amount is captured as a liability at the time the process is concluded and the amount is real. Councilmember/Board Member/Commissioner deHaan requested a breakdown of the $6 million in IOUs [owed to the General Fund]. The Interim Finance Director stated the three large amounts are $2.2 million from Alameda Reuse and Redevelopment Authority (ARRA) , $2.4 million from Alameda Power and Telecom (AP&T), and $1.2 million from Alameda Point. In response to Councilmember/Board Member/Commissioner deHaan's inquiry regarding repayment of the $6 million loaned out from the General Fund, the Interim Finance Director stated the principle is not being retired; ARRA is paying interest only, which is booked as $130,000 in General Fund revenue. Councilmember/Boaro Member/Commissioner deHaan inquired whether there is a funding mechanism for repayment. Special Joint Meeting Alameda City Council, Alameda Reuse and 3 Redevelopment Authority, and Community Improvement Commission October 21, 2008 | CityCouncil/2008-10-21.pdf |