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Item No. 11 (continued) Gul Ramchandani, Finance Director, presented his January 20 report. Discussion followed regarding the postponement or elimination of some or all of the City projects that have been budgeted; the possibility of combining several needed projects into one package and submitting a General Obligation Bond issue to the electorate; the difficulty of getting a 2/3 vote, and the time that would be lost if the bond issue failed; the possibility of reducing the cost of an assessment district so that it is manageable for the people in the area. City Manager Smith observed that there are two basic problems dealing with an assessment district. First, a substantial number of people who will be assessed will see no immediate benefit to themselves; and second, the process of getting into an assessment district generates considerable cost. City Engineer Addiego explained that the design for the Fifth Avenue Project is 98% complete, plans will be ready to go for 10 -year protection in the collection area, and the pump station is designed for 30 -year protection. That facility cannot be built until the downstream bayfront is approved and it has not been designed yet. He advised that the Bayfront project could be built in the 1988 construction season and the Fifth Avenue Improvements in 1989. Further discussion followed on the advisability of spending from $10 to $15,000 for research to find out what would be saleable to the citizens; the obligation of the residents in the affected area to help pay for the project; and the consideration of a partial assessment for the neighborhood. Denise Bradley, 3125 Hoover, said the neighborhood is a declining one, that many of the residents are renters and senior citizens, and there are a lot of streets in that area that do not flood and residents there would not support an assessment district. Bonnie Miller, 1224 Fifth Avenue, said that most of the residents could not afford the assessment, that maybe $120 a year extra per parcel would be better than $375, and that general obligation bonds would be a good way to go. Lou Ann Rocklewitz, 3124 Hoover, said that nothing has been done on the Canal for three years and that the plans should have been done by now. Mert Dilley, 3015 East Bayshore, Harbor Village Mobilehome Park, referred to his complaint to Council on January 26, 1987 regarding the dumping of fill in the Bayfront Canal. He stated that the dumping is still going on and can be seen during low tide. Mr. Dilley was advised that the canal had been inspected and nothing was found but that a member of staff would contact him and accompany him to the site. Reg.Mtg. 2/9/87 Page 4 MINUTE BOOK N10. 47 Page No. 38