1995 ADJ MIN MAR 13 - Laserfiche WebLink

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SRRE Financial Services Manager Cloud reported that in response to Council direction on 2/28/95, there was a memorandum from the Economic Development Director who was in contact, as well as himself, with the County's Solid Waste Office who informed it was taking the matter to the Board of Supervisors on March 14, 1995. Everything is in order and the City should be receiving a check for $51,000 within two -three weeks. Mayor Fulp directed that Council be notified by memorandum upon receipt of the check. Manager Cloud agreed to do so. CITY TREASURER'S REPORTS AND RECOMMENDATIONS: City Treasurer Williams said his car was being repaired and apologized for being late. He reported that at the end of February 1995, the portfolio is under $6 million, representing a decrease of $1.5 million from the end of January. He indicated he is continuing to maintain liquidity for immediate access to the City's money. Councilmember Hutton noted that this report does not include $104,187 received this morning from the Gas Company. Councilmember Sanders requested that the City Treasurer include all revenue received for the next Council meeting and City Treasurer Williams said he could report on a daily basis and would be happy to report on 3/21/95. City Manager Martinez also reported that the City received $93,000 franchise fees from TCI, last Wednesday. Mayor Fulp inquired if, from the balance of $5,995,434.30, were there any drawdowns expected such as for the Community Center. City Treasurer Williams said he had conferred with Assistant to the City Manager Parrish who informed him that the sum of $2.1 million remains in contract payments between now and the end of June and a payment of $1.4 million for the Reche Canyon Flood Control. Mayor Fulp said that would leave a balance of $2.4 million unencumbered. CITY ATTORNEY'S REPORTS AND RECOMMENDATIONS: 5 -Day Work.,, Week City Attorney Biggs reported this was an update on a previous report regarding the legal requirements for returning to a 5 -day work week. She advised that this is a meet and confer item and requires that the City meet and confer with all representative groups prior to any change being implemented. She opined that the City has the authority to return to a 5 -day work week so long as the meet and confer process is followed with regard to employee bargaining units and so long as adequate measures are taken to assure compliance with applicable SCAQMD requirements relating to trip reduction. Councilmember Beltran said he has been interested in this for the last two years and had personally inquired of SCAQMD who told him that City Council can make a change any time so long as a plan is filed. He was E MAR 1 31995