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O ' ' D L <br /> zz� — a <br /> F�nance Director Ference advised against revising the pro�ected reve- <br /> nues above the mid-range, and that income estimates should remain on <br /> the conservative side. <br /> The motion died for lack of a second. <br /> (Council recessed from 4.02 to 4.15 p.m.) , <br /> MOTION Councilman Chandler moved, seconded by Councilman Leipzig, to <br /> approve the recortmendations of the Director of Finance regarding esti- <br /> u mates of revenue for traffic fines and forfeitures totaling $38,000 � <br /> be appropriated to "Resources Held in Reserve." <br /> The motion carried unanimously by voice vote. � <br /> '� (MINUTE ORDER N0. 78-143) <br /> MOTION• Councilman Biagi moved, seconded by Councilman Leipn g, to � <br /> accept the report of the Director of Finance of May 19, 1978, re- <br /> garding the 1978-79 Budget for South Bayside System Authority. <br /> The motion carried unanimously by voice vote. <br /> (MINUTE ORDER N0. 78-144) <br /> Mayor Barrett adv�sed that the report from Director of Finance, <br /> May 19, 1978, regarding SB No. 2212, would be considered at the <br /> regular City Council meeting on May 22, 1978. <br /> MOTION: Councilman Chandler moved, seconded by Councilman Rhodes, <br /> that $25,000 be allocated from increased traffic fines to Travelled <br /> Way Maintenance, incorporating reduction of tax support rtroney from , <br /> that account, and $13,000 be put into Traffic Enforcement and $13,000 <br /> reduction in tax funds, thus reducing property tax funds by $38,000. � <br /> Mayor Barrett stated that staff indicated this will be accomplished <br /> without the necessity of a motion , <br /> The motion carried by ma�ority vote, Mayor Barrett voting no. <br /> (MINUTE ORDER N0. 78-145) <br /> San Mateo County Convention and Visitors Bureau ` <br /> In the d�scussion by Council, it was suggested that other c�ties are <br /> contributing much less than Redwood City to the Bureau, but on the <br /> other hand, the Bureau performs a very valuable service in generating <br /> income for the area, making it a worthwhile investment. <br /> MOTION Councilman Biagi moved, seconded by Councilman Rhodes, to <br /> reduce from 15% to 12% the amount of Transient-Occupancy Tax paid <br /> to the Convention and V�sitors Bureau. <br /> On the question,,support was expressed for the efforts of the Bureau ' <br /> in producing revenue for Redwood City and bringing "new money" to <br /> the County area by its promotional activities. Mr. Ference also ad- <br /> vised that under terms of an existing agreement, a 90-day written � <br /> notice by either party is provided , <br /> The motion failed by ma,7ority voice vote, Councilmen Biagi and <br /> Rhodes voting yes <br /> Budget -7- <br /> Study <br /> 5/20/78 <br />