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Council Member Claire and Ira both confirmed they have carefully reviewed it, and feel it is necessary to keep the Port of Redwood City whole, and the bond issuance is financially sound and well thought out. MIS RuskinlIra to approve Resolution 13529 approving the issuance of Port of Redwood City Revenue Bonds pursuant to the City Charter and Section 147(f) of the Internal Revenue Code of 1986, as amended. The motion passed by a unanimous roll call vote 4. STAFF REPORTS A. Authorization of Browning Ferris Industries (BFI) to Purchase Containers for the Collection of Yard Waste Materials as part of City's Residential Curbside Recycling (803) Finance Director Ponty provided a summary report regarding the need of the South Bayside Transfer Station Authority to increase the current residential yardwaste participation rate of 25.7 percent whereas the average statewide participation rate is 70-72 percent, with Redwood City's participation rate at 36 percent. It was noted that the State has mandated a 50 percent diversion rate by all cities by the year 2000, with potential fines to be levied by the California Integrated Waste Management Board. He reported that while participation is optional, the costs will be shared by all customers, which will result in a rate increase of approximately 1.7 percent, dependant upon number of participating jurisdictions. Discussion ensued regarding diversion calculation timeframes, pre-purchased bins credit issuance of $60 per residence by BFI, apartment dwelling participation, commercial use by gardeners, self haulers participation quantities and ratios are not included, the short timeframe of twelve months for compliance with potential fines, and past rate increases of 1990-92 =2.4 %; 92-93=1 %; 1994=13 Y. %; 1995=12.1%; 1996 =8.5 %; 1997=0; 1998=0. Dan Day, BFI representative, stated the consultant is now looking at a rate increase of 14% to apply fiscal year 1999, which is dependant on revenue shortfalls and higher expenses. Discussion ensued regarding previous rate increases, past effectiveness in increasing participation rates, potential maximum increase expectations, commercial participation and how public information and education efforts can be a major factor in increasing participation at all levels. MIS ClairelHartnett to authorize Browning Ferris Industries (BFI) to purchase containers for the collection of yard waste materials as part of Redwood City's residential curbside recycling program and to recommend that for the next six months conduct a survey program to identify other areas of Redwood City which are not participating and to encourage them to increase recycling and yardwaste disposal. There was further discussion regarding continual rate increases with only one year left to comply and low percentage participation, apartment renters and seniors participation potential REGULAR COUNCIL MEETING MINUTES BOOK NO. 57 DECEMBER 7,1998 MINUTES Page 224 PAGE 4