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100 AN ORDINANCE FIXING THE AMOUNT OF MONEY TO BE RAISED BY TAXATION UPON THE TAXABLE PROPERTY WITHIN GENERAL IMPROVEMENT DISTRICT NO. 1-64 TO PROVIDE FUNDS FOR GENERAL IMPROVEMENT DISTRICT NO. 1-64, AND FIXING AND LEVYING THE TAX RATE THEREFOR ORDINANCE APPROPRIATING $4,525.00 FROM UNAPPRO- PRIATED BALANCE OF WATER FUND TO, AND APPROPRI- ATING $19,115.00 FROM UNAPPROPRIATED BALANCE OF SEWER FUND TO, GENERAL IMPROVEMENT DISTRICT NO. 1-64 FACILITIES BOND INTEREST AND REDEMPTION FUND The ordinances were approved unanimously by voice vote. El Camino Real Improvement Project Assistant City Manager Smith referred to the Manager' s report, of August 8, 1975 attaching a memorandum from the Director of Public Works dated August 4 presenting a status report on the subject project. Mr. Smith ad- vised that Council is requested by the State to reaffirm approval of the design adopted on December 18, 1972 and that staff recommendation is that Council do so. Director of Public Works Pusich reviewed the history of the project, noting that three informational clinics and two official public hearings were held in November and December 1972 leading to the Council adoption on December 18, 1972 of Alternate Improvement Plan No. Three . Mr. Pusich further advised that the State has taken two and one-half years to review the adopted plan and is now in agreement with it, provided there is an 18-month trial period. Mr. Pusich described the arrange- ments with the State and the County regarding funding of the project and the manner in which the trial can be handled at minimum cost. In response to questions, Mr. Pusich stated that while official public hearings were held and a plan adopted, staff believes it would be useful to conduct an infor- mational public hearing at this time in order to bring the public up to date with regard to the project. He advised that until the cooperative agreements are signed, the Council will not have committed itself, and that the State District office requests reaffirmation of approval of the Plan before sending it to Sacramento. Discussion followed and Mr. Pusich replied to questions and commented regarding details of the Plan with regard to parking; whether or not businessmen could anticipate any hardship with regard to loss of parking spaces; the fact that the Plan provides easier parking movements, although there will be fewer spaces; the fact that the trial period need not be continued for 18 months if there is reason to believe the Plan is not successful; the desirability of conducting a trial over a period of time sufficient for adequate evaluation; the coordi- nated traffic signal system which is the key to the success of the Plan; and the anticipated benefit to businessmen and the City of an improved El Camino Real. -2- Reg.Mtg. 8/11/75