pages: CityCouncil/2010-06-24.pdf, 13
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CityCouncil | 2010-06-24 | 13 | Vice Mayor deHaan stated the City is trying to establish some new ground. The Interim City Manager stated the Asset Management Policy is built on a privatization model. Mayor Johnson stated the nation's bridges cannot be maintained. The Interim City Manager stated Government Accounting Standard Board (GASB) 45 requires cities to count every asset; cities were not aware of the amount of public assets or values; continued the presentation. Mayor Johnson inquired whether a provision could be added regarding rent increases; stated two twenty-five year leases do not provide for any rent increase. The Interim City Manager responded the justification would depend upon the use, utilization schedule, and measurement criteria; stated cities that foster a lot of incubator businesses often use the "flat for five" formula, which provides for no increases for five years. Mayor Johnson stated findings should be made for fifty-year leases. The Interim City Manager continued the presentation. Mayor Johnson inquired whether the proposed criteria checklist would include real property or other types as well. The Interim City Manager responded the checklist would include anything defined as real property such as land and buildings; stated cars would not be included; a ten percent deferred maintenance reserve would be approximately $22 million. Councilmember Matarrese thanked staff for the report; stated the tie into disciplined funding is critical. Vice Mayor deHaan stated other cities must have plowed through the issue before. The Interim City Manager stated the proposed charge back model would be very different than what cities use. Councilmember Tam stated the League of California Cities' Public Works Department has an asset management template policy; however, the policy deals with the public works angle for deferred maintenance and has been used to justify the gas tax; the Alameda County Planning Commission has an asset strategy that a community development group developed for all county assets; East Bay Municipal Utility District (EBMUD) has an asset management department that deals with declaration of surplus Special Joint Meeting Alameda City Council, Alameda Public Financing Authority, Alameda Ruse 13 and Redevelopment Authority, and Community Improvement Commission June 24, 2010 | CityCouncil/2010-06-24.pdf |