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Item No. 1 (continued) <br />the approval of Proposition 13; the smaller benefit to households of that <br />proposition; the desirability of increased conservation of energy; the <br />fact that the point of sale for tax purposes of Duolite is outside both <br />the City and the State; that significant property tax, inventory tax and <br />income tax reductions for business generally have been enacted since 1978 <br />and that balance is needed; and the recommendation of the Chamber of <br />Commerce that the utility users tax be adopted as the most equitable <br />source of needed revenue. <br />Mayor Stangel invited anyone else present who wished to speak to do so. <br />No one wished to speak. <br />M /S: Biagi /Bury to close the public hearing. <br />Carried unanimously by voice vote and public hearing closed at 7:45 p.m. <br />In response to question, City Manager Smith reported that the recommended <br />budget represents a reduction of some 12% or more than $2,000,000 over <br />1982 -83. <br />Title read. M /S: Biagi /Claire to approve the following ordinance for <br />first reading: <br />AN ORDINANCE OF THE CITY OF REDWOOD CITY ADOPTING THE FINAL BUDGET OF THE <br />CITY OF REDWOOD CITY FOR THE FISCAL YEAR JULY 1, 1983 - JUNE 30, 1984; <br />PROVIDING FOR THE APPROPRIATION AND EXPENDITURE OF ALL SUMS SET FORTH IN <br />SAID BUDGET; PROVIDING FOR EMERGENCY EXPENDITURES, TRANSFERS, ADDITIONAL <br />APPROPRIATIONS AND CANCELLATIONS OF EXISTING APPROPRIATIONS; PROVIDING FOR <br />THE DISPOSITION OF UNENCUMBERED MONIES AND FUNDS AT THE CLOSE OF FISCAL <br />YEAR 1982 - 1983; AMENDING THE PROVISIONS OF SECTION 32.15 OF THE REDWOOD <br />CITY CODE RELATING TO THE DISPOSITION OF PROCEEDS COLLECTED UNDER ARTICLE <br />I, CHAPTER 32, OF SAID CODE; ADOPTING THE BUDGETS FOR GENERAL IMPROVEMENT <br />DISTRICTS NO. 1 -64, NO. 1 -65, NO. 2 -65, AND NO. 3 -65 FOR THE FISCAL YEAR <br />JULY 1, 1983 - JUNE 30, 1984; AND REPEALING ORDINANCE NO. 1861, AND ALL <br />ORDINANCES AND RESOLUTIONS IN CONFLICT HEREWITH <br />Carried unanimously by roll call vote. <br />---------------------------------------------------------------------------- - - - - -- <br />REPORTS OF BOARDS AND COMMISSIONS <br />None <br />---------------------------------------------------------------------------- - - - - -- <br />REPORTS OF CITY MANAGER <br />2. Proposed vacation of public service easement Redwood <br />Shores Parkway (702 -06) <br />Report of City Manager and Director of Public Works 6/24/83. <br />Reg.Mtg. <br />7/11/83 <br />Page 2 <br />MINUTE BOOK NO. 44 <br />Page No. 179 <br />