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Greenhorn explained that the Board of Equalization has just accepted the assessment roll for the General Improvement District 1-64. She stated that based on this roll, the recommended tax rate for fiscal year 2002-03 is 19.6% higher for the reclamation bond and 10.5% higher for the facility bonds due to decreased values of the properties in the district. These tax rates will raise the amount included in the budget for 2002-03 in the amount of $2,079,000.00. MIS Howard/Ruskin to INTRODUCE AN ORDINANCE FIXING THE AMOUNT OF MONEY TO BE RAISED BY TAXATION UPON THE TAXABLE PROPERTY WITHIN GENERAL IMPROVEMENT DISTRICT NO. 1-64 TO PROVIDE FUNDS FOR GENERAL IMPROVEMENT DISTRICT NO. 1-64, AND FIXING AND LEVYING THE TAX RATE THEREFOR; The motion passed by a unanimous roll call vote by those present. MINUTE ORDER 02-202 ADJOURN BOARD OF EOUALIZA TION MEETING RECONVENE THE SPECIAL COUNCIL MEETING B. Ordinance to Amend Redwood City Code Sections 20.44, 20.45, and 20.45.'1 - update legal speed limit on various designated streets, includinG reducing the speed limit on Stafford Street between Whipple Avenue and the northerly city limits from 35 miles per hour to 30 miles per hour; Traffic Engineer Haygood stated that this is an ordinance that to address changes in the street system that have occurred over time. There have been various streets that now have lower speed limits posted and justified by surveys, there are obsolete street name references, and two streets that will reflect speed limit changes as iustified by surveys. Mayor Claire queried City Attorney Yamamoto regarding his potential conflict in participating on this topic and concluded that he would leave the dais, but speak at the podium as an individual of the public. Mayor Claire left the dais and Council Member Ruskin presided. Public Comment: Kevin Bondonno, an active member of the Centennial Neighborhood Association, stated he would be speaking about traffic issues of Stafford Street and specifically, the proposed speed limit change from 30 to 35 miles per hour. Mr. Bondonno stated the on concerns regarding the safety and well being of those participating in Redwood High School along with its childcare facility as well as the Peninsula Swim School facility. He submitted a petition from residents in the Centennial SPECIAL MEETING JULY 15, 2002 MINUTES PAGE 6 MINUTES Book No. 59 Page No. 199