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149 Bury advised that sales tax revenues benefit the City as a whole and could also benefit Redwood Shores in recreation , capital improvements , and many other ways . In response to question regarding new bond issue , City Controller stated it would be probably about a year before there would be another bond sale . Mr . Denton Mazzuco , 420 Keel Lane , asked what criteria would be used in considering when to have bond sale . He was advised the district would not be able to issue more bonds until the fair market value is sufficient to justify them . Mr . Clayton Shank , 5140 Compass Drive , questioned Staff concerning lead time necessary after it was determined that there would be a bond sale , He was advised about 60 -90 days would be needed . Mr . Ross asked if the $ 96, 000 (General Engineering ) could be eliminated from this year ' s budget . He was advised the budgeted item was necessary for preparation of plans and specifications , and other engineering costs which are a continuing item . Mr . George Hayes , 506 Trident Drive , did not think there would be enough homes built this year to bring up the market value , and felt the money budgeted for a bond sale could be eliminated . City Controller pointed out this item is not related solely to bond sales , but also to seismic study problems , soils study problems , reviews , and other matters that are related . After further discussion of these and other matters of interest to citizens of Redwood Shores , the General Improvement District funds were approved as submitted , Mayor Bury ordered a short recess at 10 : 15 P . M . Accounts which had been held pending further study were considered next . Account 430 - City Controller : Data Processing Report . City Controller reviewed report which had been furnished to Council , detailing plans for future data processing programs , and stating he was pleased with progress that had been made , In response to question by Councilman Henderson , City Controller stated he expected a slowing of the rate of increase in his departmental budget . Account 430 was approved as submitted . Service Club Dues for Department Heads : Councilman Henderson moved that funds for dues to service clubs be deleted from budgets wherever they had been requested , seconded by Councilman Williams , and carried . Account 482 - Community Promotion : In view of the fact there has not been sufficient time to obtain the information needed from PCA , Account 482 was approved as submitted . Mayor Bury noted that there would be a board meeting in the near future and PCA would be asked for the information .