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Motion carries unanimously by roll call vote. <br /> 6.1 Section — Motions <br /> A. Approve the Regular City Council meeting minutes of March 24, 2008. (301) <br /> Minute Order 08-114 <br /> B. Investment Policy. <br /> Recommendation: <br /> Approve by motion the City of Redwood City investment policy as proposed. (501) <br /> Minute Order 08-115 <br /> C. Set Public Hearing for Adopting FY 2008-09 Budget. <br /> Recommendation: <br /> It is recommended that the date for formal action of the budget be approved. (501) <br /> Minute Order 08-116 <br /> 6.2 Section — Resolutions <br /> A. Annual Tax Levy for Redwood Shores Traffic Improvement District — CITY <br /> COUNCIL/COMMUNITYFACILITIES DISTRICT BOARD <br /> Recommendation: <br /> Adopt a resolution authorizing the levy of special taxes for FY 2008-09 in the <br /> amount of $853,720.34 on the parcels within Redwood City Community Facilities <br /> District 99-1 (Shores Traffic Improvement District) to be used to pay the principal <br /> and interest payments on bonds issued to finance certain transportation system <br /> improvements within the district. (506) <br /> RESOLUTION No. 14871 OF THE COUNCIL OF THE CITY OF REDWOOD CITY <br /> ACTING AS THE LEGISLATIVE BODY OF THE COMMUNITY FACILITIES <br /> DISTRICT NO. 99-1 AUTHORIZING THE ANNUAL LEVY OF SPECIAL TAX FOR <br /> FISCAL YEAR 2008-2009 <br /> B. Fiscal Year 2007/2008 Appropriation Revisions. <br /> Recommendation: <br /> Approve by resolution, appropriating and transferring certain funds for specified <br /> purposes to conform the budgeted amounts to actual expenditures approved for <br /> transactions, which have occurred during fiscal year 2007/2008. (501) <br /> RESOLUTION No. 14872 APPROPRIATING AND TRANSFERRING CERTAIN <br /> FUNDS FOR SPECIFIED PURPOSES DURING FY 2007/08 <br /> SPECIAL JOINT CITY COUNCIU JUNE 16, 2008 <br /> COMMUNITY FACILITIES DISTRICT BOARD MEETING MINUTES PAGE 3 <br /> MINUTE BOOK NO. 62 <br /> Page No. 122 <br />