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<br />used to pay the principal and interest payments on bonds issued to finance <br />certain transportation system improvements within the district. <br /> <br />RESOLUTION No.15029 OF THE COUNCIL OF THE CITY OF REDWOOD <br />CITY ACTING AS THE LEGISLATIVE BODY OF THE COMMUNITY <br />FACILITIES DISTRICT NO. 99-1 AUTHORIZING THE ANNUAL LEVY OF <br />SPECIAL TAX FOR FISCAL YEAR 2010-11 <br /> <br />B. Annual Appropriations Limit for Fiscal Year 2010-11. <br /> <br />Recommendation: <br />By resolution, establish the appropriations limit for Fiscal Year 2010-11. <br /> <br />RESOLUTION No. 15030 ESTABLISHING APPROPRIATIONS LIMIT FOR <br />FISCAL YEAR 2010/11 <br /> <br />C. Certificate of Completion for Lincoln Townhomes-Peninsula Habitat <br />for Humanity - City Council/Redeve/ooment Aaency Board. <br /> <br />Recommendation: <br />Approve, by Resolution, a Certificate of Completion for Lincoln Townhomes, <br />and Authorize, by Motion, the Redevelopment Agency Executive Director to <br />execute all documents pertaining thereto. <br /> <br />RESOLUTION FROM THE RDA No. 10-05 APPROVING A CERTIFICATE OF <br />COMPLETION FOR LINCOLN TOWNHOMES - PENINSULA HABITAT FOR <br />HUMANITY AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE <br />ALL DOCUMENTS PERTAINING THERETO <br /> <br />6.3 Section - Claims and Warrants <br /> <br />A. Approve warrants dated through June 21, 2010 and usual and necessary <br />payments through June 28, 2010. <br /> <br />MINUTE ORDER 10-112 <br /> <br />............................................................................... <br /> <br />7. Budget Study Session No.1. <br /> <br />A. FY 2010-2012 Budget Study Session. <br /> <br />Mayor Ira framed the sequence of events for the evening explaining how public <br />comment would be taken. City Manager Ingram covered in more detail the layout for <br />the evening as well as each of the upcoming Budget Sessions. Mr. Ponty, Finance <br />Director, followed with a presentation on the history of the General Fund and key data <br />for the last 10 years. He covered items such as sales tax revenues and employee <br />costs over a 10-year period. Mr. Ponty also explained the General Fund revenues, as <br />well as employee costs which represent about 800/0 of the budget. He also provided a <br />breakdown of PERS, Health Insurance premiums, Retiree Health Benefits, and <br />Overtime costs. <br /> <br />SPECIAL JOINT CITY COUNCIL/REDEVELOPMENT AGENCY BOARD <br />MEETING MINUTES <br /> <br />June 21,2010 <br />PAGE 3 <br />