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444 <br /> Councilman Weymouth moved to adopt ORDINANCE NO . 1420 APPROPRIATING $21 , 225 . 00 <br /> FROM UNAPPROPRIATED BALANCE OF THE SEWER FUND, AND APPROPRIATING $25 , 271 . 00 FROM <br /> THE UNBUDGETED UNAPPROPRIATED BALANCE OF THE WATER FUND TO PROVIDE FOR PAYMENT <br /> OF PRINCIPAL AND INTEREST ON GENERAL IMPROVEMENT DISTRICT NO . 1 -64 , 1964 , FACILITIES <br /> BONDS , seconded by Councilman Rosselli and carried on roil call vote , Councilmen <br /> Keckley and Petersen being noted absent . <br /> Councilman Rosselli moved to adopt ORDINANCE NO . 1421 FIXING THE AMOUNT OF MONEY <br /> TO BE RAISED BY TAXATION UPON THE TAXABLE PROPERTY WITHIN THE CITY OF REDWOOD CITY <br /> AS REVENUE TO CARRY ON THE VARIOUS DEPARTMENTS OF SAID CITY FOR THE FISCAL YEAR <br /> 1969 - 1970 , TO PAY THE BONDED INDEBTEDNESS OF SAID CITY FALLING DUE AND BECOMING <br /> PAYABLE DURING THE SAID FISCAL YEAR TOGETHER WITH THE INTEREST THEREON, TO MAIN - <br /> TAIN THE PUBLIC LIBRARY OF SAID CITY DURING SAID FISCAL YEAR, TO PROVIDE FUNDS <br /> FOR THE RETIREMENT PLAN , TO PROVIDE FUNDS FOR PARKING DISTRICT NO . 1 , TO PROVIDE <br /> FUNDS FOR GENERAL IMPROVEMENT DISTRICT NO . 1 -64, AND FIXING AND LEVYING THE TAX RATE <br /> THEREFOR, seconded by Councilman Arnett and carried on roll call vote , Councilmen <br /> Keckley and Petersen being noted absent . <br /> Councilman Weymouth moved to adopt RESOLUTION NO . 6085 AWARDING CONTRACT FOR CON- <br /> STRUCTION OF PUBLIC IMPROVEMENTSPOR REDWOOD CITY GENERAL IMPROVEMENT DISTRICT NO . <br /> 1 -64 , RELATING TO MARLIN SUBDIVISION NO . 2 ; AUTHORIZING EXECUTION OF CONTRACT FOR <br /> SAID WORK ; AND , DIRECTING RETURN OF SECURITY DEPOSIT , seconded by Councilman <br /> Arnett . <br /> Staff reported results of this bid opening had been previously submitted to Council <br /> and that Staff and DMJM , after analysis of bids , recommend award to the lowest <br /> responsible bidder , Hood Corporation , in the amount of $885 , 143 . 00 . It was also noted <br /> that Leslie Properties , Inc . , by letter of intent on file , has agreed to pay the <br /> sum of $28)4 , 000in installments on demand as progress payments become due on this <br /> project , funds representing Leslie ' s participation in the area of reclamation and <br /> drainage ( storm drains , landscaping , subdrains , public utility trenching , and <br /> levee riprap ) . <br /> Councilman Henderson asked that an explanation be given for Council being requested <br /> to take action on the several items listed on this meeting ' s Agenda for Redwood <br /> Shores rather than at the next regular meeting of Council . <br /> Mayor Bury stated he had concurred with recommendation of City Manager that these <br /> several items be included for action at this meeting , City Manager stated since <br /> report of bid , analysis , and recommendation available , it was felt it was incumbent <br /> on District to get construction into ground on all possible developments , toward <br /> the end of producing the highest assessed valuation as of March of next year for <br /> benefit of both bondholders and the project in general . He felt every step necessary <br /> to expedite award of bids , commensurate with good judgment , should be taken in order <br /> to have contractor on the ground at earliest possible moment to take advantage of <br /> every construction day possible . He advised DMJM and City Attorney concurred with <br /> recommendation of Staff for this award . Motion carried on roll call vote , Council - <br /> man Henderson voting no , Councilman Keckley and Petersen being noted absent . <br /> AWARD OF BID , Bridge Parkway Bridge , GID 1 -64 . City Manager ' s previously submitted <br /> report of bid opening to Council advised of the bids whichlad been received and the <br /> recommendation of DMJM and Staff that award be made to the lowest responsible <br /> bidder , Liton Construction Company , in the amount of$ 1 , 025 , 993 • City Manager <br /> stated same general commitment related to this project , as incumbent to get as <br /> much assessed valuation into the ground prior to March 1st of next year , as a different <br /> situation now exists with people living in the District and to the extent if District <br /> fails to get assessed valuation predicted , then tax rate of citizens residing there <br /> will be affected . <br /> He noted that Bridge Parkway Bridge is part of the 1969 Construction Program and that <br /> 69 <br />