pages: CityCouncil/2013-07-23.pdf, 21
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CityCouncil | 2013-07-23 | 21 | The City Manager stated a solution would not be presented in September; only the trust fund and additional information about Beverly Hills would be presented in September. Vice Mayor Ezzy Ashcraft inquired whether information requested would be provided, to which the City Manager responded in the affirmative; stated in September, staff would address the specific questions asked; theoretically, if bargaining units indicate there is no interest in the voluntary buyout, he would inform Council in September and a study would not be needed; an entire solution would probably not be presented to the Council until early spring; the dialog will take a long time because the situation is remarkably complex; noted the last MOUs were done quickly because there was a framework; stated charting the next round together is going to take quite a while; having a two year budget allows staff to devote resources to the problem during the time a budget is not being prepared. Councilmember Chen stated the dialog is just beginning; the City is not limited to the nine solutions; inquired whether other solutions raised would be considered, to which the City Manager responded that he expects and hopes there will be other solutions. The Financial Director noted coming up with estimates on the nine proposed solutions may take a little bit longer than September to obtain. Councilmember Daysog stated that he would like to understand which rolling blackouts the Council and public are interested in; the City has to look at all the different solutions on the revenue side and expenditure side. * (13-367) Vice Mayor Ezzy Ashcraft moved approval of considering the remaining agenda items after 10:30 p.m. Councilmember Daysog seconded the motion, which carried by the following voice vote: Ayes: Councilmembers Chen, Daysog, Ezzy Ashcraft and Mayor Gilmore - 4. Noes: Councilmember Tam - 1. Vice Mayor Ezzy Ashcraft moved approval of requesting additional information on the trust fund and authorizing the City Manager to initiate informal discussions with the bargaining units. Councilmember Chen seconded the motion, which carried by unanimous voice vote - 5. (13-368) Recommendation to Receive a Report and Provide Direction to Staff on Potential Refunding of 2002 City Hall Project Certificates of Participation and 2003 General Obligation Bonds. The Finance Director gave a Power Point presentation. Regular Meeting Alameda City Council 20 July 23, 2013 | CityCouncil/2013-07-23.pdf |