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Cltt OF SAN BERNARD~O - REQU.QT FOR COUNCIL AC"riON
From; Edward Wheeler, Chairman
General Obligation Bond
Dept; Blue Ribbon Committee
Su~~t: Report from General Obligation
Bond Blue Ribbon Committee
Date; May I, 1989
SynopsIs of. Previous Council action:
~'<,b. 20, 1989 -
Formation of General Bond Committee was approved.
Selection of Committee members.
General Obligation Bond Committee presented recommendations
to Mayor and Council.
Mayor and Council approved reconvening of General Obligation
Bond Committee in January 1989 and the removal of Council
members from appointment to the Committee. .
General Obligation Bond Committee directed to continue to
evaluate financing mechanisms for funding capital improvement
needs with the intent of recommending a general obligation
bond issue on an upcoming ballot.
May 31, 1988
,June 21, 1988-
,July 18, 1988 -
1)('(", <), 1988
Recommended motion:
I. The General Obligation Bond Blue Ribbon Committee recommends that the
Mayor and Common Council place on the November 1989 ballot a general
obligation bond issue in the amount of $32,690,000 for the following
proposals:
1. Police facilities $20,000,000
2. Transportation improvements $8,560,000
3. Park improvements and facilities $4,130,000
~//#Y2fZ-I
~ S ignatu re
Contact person;, Edward Wheeler/Fred Wilson
Phone:
5122
Supporting data attached:
Yes
Ward: All
FUNDING REQUIREMENTS:
Amount:
Source: (Acct, No,)
(Acct, DescriPtion)
Finance:
Counc,l Notes;
~,
CI+t 0, SAN BERNARDI~O - REQUE'lTFOR COUNCIL ACTiON
STAFF REPORT
The General Obligation Bond Blue Ribbon Committee reconvened
on February 2, 1989 pursuant to Mayor and Council direction
to begin to evaluate options for financing the capital
improvement needs previously identified. As you may recall,
the General Obligation Bond Committee submitted a report to
the Mayor and Common Council in July 1988. recommending that a
General Obligation Bond Issue in the amount of $48,000,000 be
placed on the November 1988 ballot. The action taken by the
Mayor and Council at that time was to deny that
recommendation and to refer the study back to the Committee
tor further analysis. .
The General obligatio~ Bond Committee has held numerous
meetings since February 2, 1989 to discuss the project
listing as well as alternate funding sources which could be
used to reduce the amount of a General Obligation Bond Issue.
Based on these discussions, the attached revised listing of
projects is being recommended by the General Obligation Bond
Committee for inclusion in a General Obligation Bond Issue.
It was further recommended by the Committee that the proposed
General Obligation Bond Issue be submitted to the voters
through the following three programs:
1. Police facilities
2. Transportation improvements
3. Park improvements and facilities
The Committee also recommended that the G.O. Bond proposal be
included on the November 1989 election ballot.
[f the Mayor and Common Council approve the recommendation to
place the General Obligation Bond Issue on the November
ballot, Bond Counsel Services will be needed to prepare the
appropriate ordinances and resolutions. It is anticipated
that th~ cost of retaining legal services would be
approximately $5,000. A timeframe will also be prepared
indicating the deadlines for meeting the legal requirements
associated with placing this measure on the November ballot.
Edward Wheeler, Chairman
General Obligation Bond
Blue Ribbon Committee
EW/sh
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G.O.BOND COMMITTEE
MJ.HI.l~;f;.2
April 14, 1989
MEMBERS PRESENT:
Edward Wheeler, 2nd Ward: Bill Heitritter, Mayor: Wade Byars,
1rd Ward: John Lightburn, 1st Ward: Geneva Woods, 7th Ward
OTHERS PRESENT:
Jim RObbins, Acting City Administrator: Fred Wilson,
Assistant to City Administrator: John Wilson, Deputy City
Attorney; Craig GraVes, City Treasurer; Marilyn Dixon,
Executive Secretary
. ----------------------------------------------------------
The purpose of this meeting was to finalize the proposed list
of projects recommended for G. O. Bond financing to be
submitted to Council for their approval and to discuss the
strategy for placing the measure on the ballot.
Chairman Wheeler felt the list still contained too many
projects and that money was sufficiently "tight" in the City
of San Bernardino that the voters would not support an
increase in property tax unless they really felt the project
would be of major benefit.
Mr. Lightburn
pared down and
1'01 ice Station
disagreed saying the list was sufficiently
felt the remaining projects especially the
could be sold.
Geneva Woods expressed doubt as to the
police facility for $20 million.
facility going to stop crime, drugs,
that it would be a de-centralized
police services throughout the entire
ability to sell a new
How is a costly new
etc. It was explained
facility improving the.
City.
The question of how specific the language should be on the
ballot measure was discussed at great length. Mr. Lightburn
was in favor of asking the voters to authorize just a
specific sum of money without earmarking it for specific
project improvements. Mr. Wheeler disagreed favoring the
approach of earmarking so many dollars for a specific
project.
Jim Robbins suggested we follow the example of Phoenix who
has had success with their bond proposals. They took 17
separate issues but did not allocate specific sums to each
project; rather, they tied $12 million fo water facilities;
$4 million to park improvements, etc. City Treasurer Craig
Graves felt the average citizen would not understand nor
~
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approve money going for "interconnect signals",
He recommended splitting up the projects
categories:
J
for instance.
into three
1. Public Safety
2. Parks
3. Streets
In response to a question from
felt that any other source of
been exhausted.
Bill Heitritter, Craig Graves
funds for these projects has
MOTION:
That the Committee recommends to
Council an amount of $32 million
of three bond proposals:
the Mayor and City
dollars in terms
a. Police facilities
b. Transportation needs
c. Park improvements and facilities.
Moved by: John Lightburn
Seconded by: Geneva Woods
A discussion ensued with
over to Mr. Robbins so
alternate motion:
Mr. Wheeler turning the chairmanship
that Mr. Wheeler could make an
MOTION:
That item #2, 3, 4 and 5 be deleted from the list
of projects included in the bond proposal.
The motion died for lack of a second.
Mr. Wheeler reassumed the Chairmanship.
The first motion was then unanimously approved.
aim Robbins discussed the marketing of this proposal and what
should the Committee's function be in this segment. He
further suggested the Committee recommend a date for our
recommendation to go to City Council as well as a ballot date
for the proposal to go to the voters.
John Lightburn felt the ballot measure election date should
be a decision of the Mayor and Council. Bill Heitritter
agreed and felt that as a Committee, we have completed our
charge as directed and the selection of a date as well as the
marketing and/or education of the proposal should be up to
the Council.
Mr. Wheeler felt strongly that we should at least recommend a
date to Council as part of our task so the following motion.
was made:
MOTION:
That the
recommended
proposed G.
to Council
o.
for
Bond proposal
inclusion on
be
the
-
-
"".
-
,-..
November 1989'rChool Board
.'"""
'...,# .
Elect~on.
.j
Moved by: John Lightburn
Seconded by: GenevaWoods
The motion was unanimously approved.
MOTION:
That the committee's recommendation to Council be
placed upon the Agenda for the May 15, 1989 Council
Meeting.
Moved by: Bill Heitritter
Seconded by: Geneva Woods
The motion was unanimously approved.
It was the consensus of those present not to dissolve as a
committee until specific direction is received by Council at
the May 15 Council Meeting.
There being no further business, the meeting was adjourned.
at 10:10 a.m.
Respectfully submitted:
..., J , 'L~'/' ,
/)7' /,Lfl:-CYJC. 7; -<~J>--/
MA~ILYN DIXON
Executive Secretary
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