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<br /> City Attorney Schricker advised that this decision would be reflected in the <br /> adoption of the Resolution: <br /> RESOLUTION NO. 11912 AUTHORIZING~ISSUANCE OF LETTER PERMIT TO PENINSULA <br /> CELEBRATION ASSOCIATION AND REGULATING USE OF PUBLIC RIGHTS-OF-WAY IN <br /> CONNECTION THEREWITH (4TH OF JULY CELEBRATION) <br /> ADOPTED BY THE FOLLOWING VOTE: <br /> AYES: COUNCILMEMBERS CLAIRE, GASPARINI, GREENALCH, LA BERGE AND <br /> MAYOR BUCHAN <br /> NOES: COUNCILWOMAN STEINFELD <br /> ABSTENTIONS: COUNCILMAN SANFILIPO <br /> ---------------------------------------------------------------------------------- <br /> MAYOR BUCHAN DECLARED A RECESS AT 10:32 P.M. <br /> MEETING RECONVENED AT 10:39 P.M. <br /> ---------------------------------------------------------------------------------- <br /> B. Budget Update <br /> REPORT: Finance Director, April 26, 1993 <br /> Finance Director Ramchandani presented the staff report and reported on the <br /> December 1992 quarterly financial figures which are slightly better than <br /> expected. The City estimates the sales tax will grow by 1.5% and current <br /> projections are $10,400,000, or $150,000 more than previously anticipated; <br /> and interest income is expected to increase by about $300,000 from prior <br /> estimates due to different investment practices and the PERS interest in the <br /> General Fund. <br /> City Manager Everett described his talks with the Port about increased <br /> subventions, and the possibility of a transit occupancy tax. City Manager <br /> Everett advised staff will present an updated report next month when new <br /> quarterly figures are available. <br /> MEMO 4/21/93 <br /> ------------------------------------------------------------------------------- <br /> C. Award the Bid for Audit Services for Fiscal Year Ending 1993, 1994, 1995 <br /> with Option for a 2 year Renewal to Maze and Associates <br /> REPORT: Assistant Finance Director, April 19, 1993 <br /> Finance Director Ramchandani described the criteria used to select a new <br /> audit company and the philosophy of changing auditors after several years. <br /> M/S: LA BERGE/STEINFELD. TITLE READ. <br /> RESOLUTION NO. 11913 APPROVING AND AUTHORIZING EXECUTION OF AGREEMENT FOR <br /> AUDITING SERVICES (MAZE & ASSOCIATES) <br /> ADOPTED BY UNANIMOUS ROLL CALL VOTE. <br /> ---------------------------------------------------------------------------------- <br /> Regular Meeting Minutes <br /> April 26, 1993 <br /> Page 10 MINUTE BOOK NO. 51 <br /> Page No. 389 <br /> . ,,--., ". -. - <br />