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4.4 2. , - MOTION. Councilman Norris moved that prior to issuance of any new GID 1-64 bonds, Redwood Shores registered voters be given a vote, with a ma,7ority of affirmative votes cast required, before the City Council can issue any new bonds. In response to quest�on, City Attorney Schricker advised that there �s no legal need to have a vote to sell the bonds under the prior 1 authorization. Mr. Schricker advised Counc�l should consider whether it would be their intention to hold�an elect�on on every GID No. 1-64 pro�ect and whether the District Board might not thus be delegating , its responsibili'ty Homeowner member of RSHA, stated he appreciates that it is important that the improvements be made and the bonds be issued, but that he believes a vote should be taken and an effort made to let Redwood Shores homeowners know of the importance of the"improvements to'them. Discussion followed concerning the responsibilities of the District Board, the t�metable for the needed improvements, the fact that the cost of any special election would be charged to the District, the'fact that c�rcumstances suggest that the improvements are so essential that it would-be necessary to �ssue the bonds even if an advisory�vote were held and the bonds re,7ected, the postion of Mobil w�th regard�to being w�lling to be guarantor under significantly changed circumstances; and the cost of delays in starting the pro�ects Councilman Barrett stated for the record that he would like to have some sort of �nformation material or questtonnaire used to poll home- owners rather than a special election City Attorney Schricker advised that informational act�vities would be satisfactory but any poll'which is essentially an election must be conducted according to the Elections , Code. , Councilman Norris stated for the record that he favors an election whose results would be binding upon the District Board Councilman Rhodes stated for the record that the only bonds presently being d�scussed are for improvement of Peninsula Parkway, the Holly Street Interchange, and a water line connection which will be needed by present residents when the agreement with BCWD expires in 1980, and that when other pro�ects are cons�dered in the future, a vote may be in order. It was suggested that lf a binding vote were held and the bonds re�ected, 'then results for the District might be disastrous ' Don Warren, Mobil (see above) stated that if a full election were set up and Mobil �s asked to remain as guarantor, they would have`to look very closely at the matter and could not now commit themselves to con- t�nuing as proposed in the Kuebelbeck report. Mr. Warren suggested that the party which is paying more than 50% of the bond'indebtedness might be expected to be allowed to participate in the vote `'° Gity Manager Fales sug9ested that Council might consider proceeding now with the �mnediately needed improvements and consitler a plebescite , later on future pro�ects He called attention to time comim tments, ' the opportun�ty to prove that the bonding mechanism works, and the fact that certain federal and state'money is now committed and avail- � able for the improvements but, if unused now, might be withdrawn , indefimtely � Study Session ' � GID No 1-64 , 11/7/77 f