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MINUTE ORDER <br /> CITY COUNCIL MEETING <br /> <br /> February 3, 2003 <br /> MO. 03-27 <br /> <br />CITY CLERK DEPARTMENT <br />Redwood City <br /> <br />DATE: February 4, 2003 <br /> <br />Attention: City Attorney <br /> City Manager <br /> Finance Dept. <br /> <br />SUBJECT: GENERAL FUND FINANCIAL CONDITION; <br /> <br />AGENDA ITEM: 8. A <br /> <br />Meeting of the Council of the City of Redwood City on February 3, 2003. <br /> <br />Present: Council Member Hartnett, Howard, Jordan, Pierce, Ruskin, Vice Mayor Ira <br />and Mayor Claire <br /> <br />Absent: None <br /> <br />The following motion was made, carried and entered on the Minutes: <br /> <br />M/$ Howard/Pierce Approve the City Manager's initial recommendation to direct <br />City Departments to identify savings equal to at least 1/3 ($1.2 million) of the <br />projected 2002/2003 deficit of $3.5 million and draw down our reserves by the <br />remaining 2/3 ($2.3 million). Approve the suggested calendar for future <br />meetings and decisions to work on the short-term and long-term solutions to our <br />deficit problem. <br /> <br />The motion passed by a unanimous roll call vote by all those present. <br /> <br />Patricia S. Howe <br />City Clerk <br /> <br /> <br />