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7. STAFF REPORTS — <br />A. Fiscal Year 2002103 Budget Reductions <br />Recommendation <br />Approve the general fund budget reductions for fiscal year 2003/03 that have been <br />submitted by the City Manager. <br />Staff Contact: Brian Ponty, Director of Finance and Financial Planning, and Assistant City Manager <br />780 -7048 bpontyaredwoodcity ora <br />B. Guidelines for Fiscal Year 03/04 General Fund Budget Cuts <br />Recommendation <br />It is recommended that the City Council endorse the policy delineated in scenario <br />"B" in this report, as a way of dealing with our deficit for fiscal year 03/04. <br />Staff Contact: Brian Ponty, Director of Finance and Financial Planning, and Assistant City Manager <br />780 -7048 bponty(o)redwoodciri oro <br />C. Redwood Shores Branch Library Project Application <br />Recommendation: <br />Approve Motion of Intent to adopt resolution A through G which will be <br />incorporated in a Resolution to certify the library project budget, local funding <br />commitment, supplemental funds, and public library operation to be adopted on <br />March 24, 2003. <br />Staff contact: Yvonne Chen, Library Director 780 -7060 chenlo plsinfo.ora <br />8. PUBLIC HEARING- <br />A. Formation and Membership in the Bay Area Water Supply and Conservation <br />Agency, pursuant to the requirements of AB 2058 <br />Staff contact: Peter Ingram, Public Works Services Director 780 -7466 pinoramC)redwoodcity orc <br />1) Staff report; <br />2) Open public hearing; <br />3) Hear public comment; <br />4) Close public hearing; <br />5) Council discussion; <br />REGULAR CITY COUNCIL MEETING <br />AGENDA MARCH 10, 2003 <br />PAGE 4 <br />