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Recommendation: <br />Authorize the Mayor to execute a Transfer of Funds Agreement between the <br />City of Redwood City, CALPERS and C /CAG to transfer funds and a liability <br />from the CALPERS City of Redwood City account to the C /CAG account in <br />CALPERS for two C /CAG employees that are included in the City of <br />Redwood City payroll system. <br />RESOLUTION OF INTENTION TO TRANSFER FUNDS AND A LIABILITY <br />BETWEEN THE CALPERS CITY OF REDWOOD CITY ACCOUNT AND THE <br />CALPERS CITY /COUNTY ASSOCIATION OF GOVERNMENTS OF SAN MATEO <br />COUNTY (C /CAG) ACCOUNT IN THE CALIFORNIA PUBLIC EMPLOYEES <br />RETIREMENT SYSTEM <br />D. Fiscal Year 2011/2012 Appropriation Revisions <br />Staff contact: Brian Ponty, Director of Finance 780 -7072 bponty @redwoodcity.org <br />Recommendation: <br />Approve, by resolution, appropriation and transfer of certain funds for <br />specified purposes to conform the budgeted amounts to actual expenditures <br />approved for transactions, which have occurred during fiscal year <br />2011/2012. <br />RESOLUTION APPROPRIATING AND TRANSFERRING CERTAIN FUNDS <br />FOR SPECIFIED PURPOSES DURING FY 2011/2012 <br />4. Section - Ordinance(s) - First Reading /Introduction <br />A. Proposed new ordinance requiring developers to indemnify the City in <br />the event of third party challenge. <br />Staff contact: Pamela Thompson, City Attorney 780 -7205 phompson@redwoodcity.org <br />Recommendation: <br />Waive First Reading and Introduce an Ordinance Adding a New Article IV to <br />Chapter 1 to the Municipal Code Relating to Developer Indemnification. <br />ORDINANCE OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY <br />ADDING A NEW ARTICLE IV TO CHAPTER 1 OF THE REDWOOD CITY CODE <br />RELATING TO INDEMNIFICATION BY DEVELOPERS <br />5. Ordinance(s) - Second Reading /Adoption <br />A. Middlefield Road Underground Utility District 2011 -1 -Adopt Ordinance <br />Staff contact: Brian Lee, Senior Civil Engineer 780 -7391 blee @redwoodcity.org <br />CITY COUNCIL February 6, 2012 <br />MEETING AGENDA PAGE 4 <br />