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36 sent to Council . Vice -Mayor Henderson suggested that for any requests of this kind , there should be a requirement that each year they submit a budget request for inclusion in funding , showing how they intend to use the money . City Manager indicated he agreed with this recommendation . General Improvement District 1 -64 . At request of City Manager , the City Controller briefly reviewed this activity . Mr . Grant Ross referred to Reserves for Bond Service for 1973 , and questioned necessity for available balances under Reclamation Bonds and Facility Bonds , if no activity expected in Redwood Shores this year . City Controller advised that reserves are necessary to cover tax delinquencies , money to pay bond service when it becomes due , and also that fees for fiscal agents would come from those funds . In response to further question from Mr . Ross , he indicated that City budgets 4% as a delinquency factor , but because of the fewer number of homes in Redwood Shores that percentage is not taken . Under Revenues , the estimated income from Swim Pools was noted , and City Controller indicated this represented a change in how this revenue was being shown , but there was no change in operation . Councilman Norris requested an example of what was meant under Parking District Funds -- Sale of real or personal property . City Controller mentioned the Bradford Marshall lot , where , rather than sell the lot outright to the general public , it is on a lease-purchase basis , and this represents payments . Vice -Mayor Henderson moved to approve the budget as amended for consideration at a public hearing on June 19, 1972 , seconded by Councilman Williams and carried . Councilman Rhodes moved to adjourn the meeting , seconded by Councilman Williams and carried . Meeting adjourned at 4 : 25 P . M. MARIAN McCRINDLE, City Clerk 5- 13 -72 Adj . Reg . Mtg . Budget Minutes of Regular Meeting Redwood City Council May 15 , 1972 7 : 30 P . M . Pledge of Allegiance was led by Councilman Rhodes . Invocation was led by Reverend Richard Bimson , First United Methodist Church . ON ROLL CALL , the following were noted present : Councilman Marguerite Leipzig , Robert E. Norris , William C . Rhodes , Ray A . Weymouth , James S . Williams , Vice -Mayor Mary W. Henderson and City Clerk Marian McCrindle . Noted absent was Mayor Paul C . Keckley . Also noted present were City Manager James M . Fales , Jr . , City Attorney David E . Schricker , Assistant City Manager James M . Smith , Police Chief John R . McDonald , Jr . , Chief Building Official Charles 5 - 15-72