pages: CityCouncil/2012-07-24.pdf, 11
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CityCouncil | 2012-07-24 | 11 | The City Manager responded Greenway would be responsible. The Assistant City Manager stated minimum rent is guaranteed regardless of Greenway meeting projections. In response to Councilmember Johnson's inquiry regarding finance amendments, Mayor Gilmore stated the Council has been clear that various language changes would be delegated to the City Attorney. The City Manager outlined the four changes: 1) change high school to school use; 2) staff would return to the City Council regarding the source of any difference between the Golf Fund balance and the $1 million that the City is obligated to pay at the time the City is obligation to pay. Councilmember Johnson suggested language be added that indicates General Fund reserves would not be used. Councilmember Tam concurred with Councilmember Johnson; stated any advances should be General Fund alternatives. Mayor Gilmore stated staff should be instructed to find monies other than the General Fund; however, direction should not be enshrined until the time comes. The City Manager stated staff would not bring forward anything where money would come out of the City's current expenses or revenues; suggested that Council not restrict staff from using General Fund reserves until the decision arises. Mayor Gilmore stated that she would like to see alternative sources come back a little before the decision has to be made so Council would not be rushed by the deadline. The City Manager proposed that staff would come back and present alternative sources to the Council as part of the two year budget covering 2013 to 2015. Councilmember Tam inquired whether the amount would not be part of any shortfall. The City Manager responded in the affirmative; stated funds would not come out of General Fund operations. The Assistant City Manager concurred with the City Manager; stated the amount should be addressed at the beginning of the two year budget rather than coming back as a midterm adjustment. Mayor Gilmore stated the majority of the Council is against using the General Fund; staff would be obligated to not use the General Fund even though Council is not explicitly tying staff's hands at this time. Regular Meeting Alameda City Council 11 July 24, 2012 | CityCouncil/2012-07-24.pdf |