pages: CityCouncil/2010-06-15.pdf, 11
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CityCouncil | 2010-06-15 | 11 | factored in. The Public Works Director responded part of the Contract extension would require that 100% of the fleet be converted to alternative fuel; currently, 50% of the fleet uses alternative fuel; the requirement does not kick in for a couple of years. Vice Mayor deHaan inquired whether there would not be any rate increases in a couple of years because of the requirement. The Public Works Director responded that he does not know whether or not there would be any rate increases; stated Alameda County Industries (ACI) is contributing to reduce the rate increase. Vice Mayor deHaan moved adoption of the resolution. Councilmember Matarrese seconded the motion. Under discussion, Councilmember Matarrese stated the solution is good for the rate period; revenue has decreased due to a decrease in commercial customers, which hopefully will increase once the economy comes back, in addition to a shift of residential customers from a 32-gallon service to a 20-gallon service; the City needs to start preparing for Rate Period 10; the City's reserve will go down and will not be able to contribute another $210,000 to close the gap. The Public works Director concurred with Councilmember Matarrese. Councilmember Tam inquired how much would be left in the Integrated Waste Management account after the $210,000 one-time contribution, to which the Public Works Director responded $2 million. Councilmember Tam stated at some point, she would like to understand if there would be an option to include the School District in the system and whether there would be swings to AUSD from the economy of scales. On the call for the question, the motion carried by unanimous voice vote - 5. (10-296) Public Hearing Relating to Issuance of Bonds by the Alameda Public Financing Authority and Considering Resolution No. 14457, "Of Intention to Levy Reassessments and to Issue Refunding Bonds Upon the Security Thereof Relating to the City of Alameda Marina Village Assessment District 89-1. "Adopted; (10-296 A) Resolution No. 14458, "Reassessment Report for the City of Alameda Marina Village Reassessment District No. 10-1, Confirming and Ordering the Reassessments and Directing Actions with Respect Thereto; and (10-296 B) Resolution No. 14459, "Authorizing the Issuance of Two Series of Refunding Bonds, Providing for Execution of Fiscal Agent Agreements and Other Matters with Regular Meeting Alameda City Council June 15, 2010 | CityCouncil/2010-06-15.pdf |