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AgdaPkt 2009-06-22 clsd and jnt
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AgdaPkt 2009-06-22 clsd and jnt
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Last modified
9/24/2013 12:22:20 PM
Creation date
6/18/2009 4:10:58 PM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
6/22/2009
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9A <br /> Page 7 <br /> The goai of this program is to better equip communiry organizations to help[ow-income <br /> individuais secure and retain em�loyment,eam higher wages, obtain better-quality jobs,and gain <br /> greater access to State and FederaE benefits and tax credits. <br /> Transport�t9on[nvestment Generating Economic Recovery(TIGER):This program <br /> administered by the Department of Transporta#ion consists of$1.5 bilfion in discretionary grants <br /> for projects that inciude, but are not limited#o,capEtal investments in: <br /> '!. Highway or bridge projects; <br /> 2. Public transportation projects; <br /> 3. Passenger and freight rait transportation projects;and <br /> 4. Port infrastructure investments, including projects that connect ports to other modes of <br /> transportation and improve the efficiency of freight movement. <br /> Local governmen#s are eligible, along with states, U.S.#erritories,tribal govemments,transi# <br /> agencies, port authon#ies,other poli#ical subdivisions of state or loca!governments, and mul#i- <br /> sta#e or multi jurisdictionai appticanfs. <br /> Check#he City Funding Book Regularly.To�9ew new and updated information on these and � <br /> ather funding opportunities,visit the League's Web site a#www.caci#ies.orQ/federalstimulus. <br /> Caltfornia 1-Bank to Hold June 18 Brlefing on New Bonding 4ption for Cifiies and Counties <br /> The California lnfrastructure Bank(I-Bank)is in#erested in working with elfgibie cities and count�es <br /> to pool bond saEes within California of Recovery Zone Ecanomic Development Bonds(RZEDBs}, <br /> as authorized under the federal American Reco�ery and Rein�estment Act. <br /> I-Bank representatives beiieve that the iarger offerings will be more attractive#o the bond buyers, <br /> and benefit the cities and counties issuing bonds by achieving greater econamies of scale that <br /> will allow them to access the taxable market in a cast effec#ive manner,achieve lower interest <br /> costs,and achieve lower administrative costs to participating local agencies. <br /> The 1-Banfc will conduct a detai[ed b�iefing on this program on June 19, at the Ziggurat Bui(ding in <br /> West Sacramento,fram 8:30 a.m,to 3:15 p.m.Registration is$75. Qnline registration is available <br /> at www.treasurer.ca.�ov/cdiac/seminars.asq. Interested cities may also contact the I-Bank via <br /> email at ibank(a3ibank,ca;�q,.ov. <br /> Lobbying Ttme on Budget tssues durtng Sacramento Pollcy Comrnittee Meetings <br /> With budget discussions fn the Capitoi likely stiii in full gear when the League's policy committees <br /> meet in Sacramento, June 25-26,#here will be special budget briefngs for committee members <br /> and opportunity to lobby. <br /> Both days of policy commlttee meetings with begin with a budget brie�ng at 10 a.m. in room 315 <br /> (3'�floor}in the Sacramen#o Convention Cen#er. Following the briefings, members will mo�e to <br /> their individual policy committee meetings to address their full agendas. <br /> Policy committee mee#ings wil�end early at 1:30 p.m. so that members can go across the street <br /> to the Capitol to lobby on the budget. . <br /> The League's regional representa#ives wil[be contacbng policy committee members from their <br /> regions to help set up meetings with the appropriate legislators or staff. <br /> Cour#Rules for Counties in ProperEy Tax Administration Fee Dispute <br /> The Los Angeies Cou�ty Superior Court recen�ly ruled in favor of counties in the long-�nning <br /> dispute between ci#ies and counties over the Property Tax Administrat�on Fee{PTAF).The <br /> dispute centers over how to calculate the reimbursement a county is entitled to for its costs of <br /> administering the Triple Flip and the Vl.�Backfill. <br /> 7 <br />
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