Minutes 1966 Jan to June - Laserfiche WebLink

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5. Ownership Participation. He stated DMJM recommends on this point that if participation is required of ownership in a given year and if Leslie fails to provide a firm commitment, the Council refuses to sell bonds. It was also reported with regard to Leslie's funding requirements that it was neither necessary or desirable to study their financial position as their analysis is of the District's ability to assume and repay its debt, in any event the District has full control of the funding process. City Manager stated it was the Staff's intention to continue with the Information Clinics and will be present when presentation of School Study is made to the Advisory Committee on February 18th, which recommendations will also be included in Feasi- bility Report when presentation made to Council on February 21st, and formal summary and recommendation of Staff to Council at meeting of February 28th. He stated dessemination of School Report would be requested of the Advisory Committee inasmuch as report being delivered to them, but if they were not in a position to mare this possible, Staff will be prepared to do so by means of additional clinics, if Council so directs. Pf7ayor Rosselli asked that at any clinics held in future, charts be shown in dis- cussion of assessed valuations, and asked if this had been done at previous clinics. Councilman Bury asked if any material had been prepared for public to tape with them for study. Jim Reiter advised many charts were used in presen- tation made at clinics. City Manager advised short summaries of conclusions and recommendations were pre- pared which were distributed at clinics and were well received.. He also advised 15 additional copies of Feasibility Report were delivered to Library for circula- tion with request review of demands be made toward the end of making more copies available for longer periods of time for those wishing more detailed. study. Dr. Paul Young, President of Redwood City Civic Association, took exception to remark that all ques- tions had been answered at the Clinic and in particu- lar question of recommendation for Special District Assessor, as this was felt contrary to election held transfering this function to County. City Attorney advised on misconception of statement made concerning transfer of City's taxing procedure as charter amendment approved by vote, authorized City Council to transfer some or all of its taxing functions, at their option, to the County. City Attorney also described great variety of assessment districts and procedures possible thereunder. Dr. Young also questioned financial responsibility of Leslie not being fully answered at Clinics. Council was advised letter from Leslie setting forth their owner -developer commitment for financial participation if needed, is now on file. Dr. O'Meara, of School Board, asked if Council will- ing to act on their request that a longer period be granted for school study review. City Manager recommended that Council not act on this request until such time as school report is presented, and its contents known. Mayor Rosselli advised Air. O'Meara Council would abide by Staff recommendation that action not be taken at this time, but stated past history of this project would show Council has