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HomeMy WebLinkAbout36-Council Office CI"'V OF SAN BERNARD'~O - REQUF~T FOR COUNCIL AC....ON From: Edward Wheeler, Chairman Blue Ribbon Committee Subject: Report from General Obligation Bond Blue Ribbon Committee Date: December 5, 1988 ~ )t: Synopsis of Previous Council action: May 31, 1988 Formation of General Obligation Bond Blue Ribbon Committee was approved. June 21, 1988 Selection of Committee Members approved by Mayor and Council July 18, 1988 General Obligation Bond Blue Ribbon Committee presented recommendations to Mayor and Council. Recommended motion: 1. That the Committee be reconstituted and reconvened in January 1989 for the purpose of evaluating the ways of financing the needs that have been previously addressed with the stipulation that the Committee as reconstructed include active participating appointees from all 7 Wards and the Mayor's Office. 2. That Councilmembers Estrada, Minor and Miller remove themselves from appointment to the General Obligation Bond Blue Ribbon Committee. 3. That the Committee adjourn to a first meeting in January 1989, with the time and exact date to be scheduled in the near future. J ----: ,:'c' j'"" , ! ~ ./ Signatu/ /( A'c L.- (. <..... I: , . Contact person: Edward Wheeler Phone: Supporting data attached: Yes Ward: All FUNDING REQUIREMENTS: Amount: Source: (Acct. No.) (Acct. Description) Finance: Council Notes: 75-0262 Agenda Item No. .3~~ CIT · OF SAN BERNARDI" -0 - REQUE' T FOR COUNCIL AC"1. ON STAFF REPORT The General obligation Bond Blue Ribbon Committee was formed by the Mayor and Common Council at their May 31, 1988 meeting to consider the feasibility of a GO Bond Issue on the November 1988 ballot. The Committee members consisted of Edward Wheeler, Wade Byars, Shirley O'Connor, Bill Heitritter, John Lightburn, Councilwoman Esther Estrada, Councilwoman Norine Miller and Councilman Tom Minor (other members were not available). A report was subsequently prepared by this Committee recommending that the Mayor and Common Council place a General Obligation Bond Issue on the November ballot in the amount of $48 million and was submitted to the Mayor and Council for their consideration at their July 18, 1988 meeting. The action taken by the Mayor and Council at this meeting was to deny that recommendation and to refer this item back to the Committee for further study. The GO Bond Committee reconvened on October 26, 1988 to discuss the action recommended by the Mayor and Common Council. Although a quorum was not present, the Committee members in attendance which included Bill Heitritter, Wade Byars and Edward Wheeler unanimously agreed that the Committee should reconvene in January 1989 for the purpose of evaluating the feasibility of a GO Bond issue as well as other financing options to fund capital improvements. It was the consensus of the Committee Members that not enough time existed in the initial effort to adequately address the various issues that are associated with funding capital improvements. The Committee members in attendance indicated a willingness to continue to serve and requested that the reconvened Committee include active participation from the appointees from all seven wards and the Mayor's Office. In addition to those members indicated above, John Lightburn has indicated a willingness to continue to serve on this Committee. It is our understanding that Councilwoman Miller will appoint Geneva Woods to serve as her appointee on the Committee. The other item discussed was the makeup of the committee. The original council action regarding the establishment of this committee included two members from the Ways and Means Committee, one other council member and a representative from each of the seven wards and one to represent the Mayor. The Committee members felt that the reconvened committee should avoid the perception that it is influenced by the Mayor and Council. 75-0264 It was felt that if the perception of the community was one of Mayor and Council influence regarding the committee's ultimate recommendations, the GO Bond Issue wo~ld have difficulty in obtaining voter approval. The GO Bond Committee recommends adoption of the form motions. ; ," (".,: r ',.(/., ' // . I , '.: I' ~ EDWARD WHEELER, Chairman General Obligation Bond Blue Ribbon Committee EW/sh