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Bennet. and Beltran and Mayor Fulp voting "Yes." <br />Motion by Councilmember Sandoval, seconded by Councilmember Cook, <br />to approve Agenda, Item 2 regarding warrants carried with <br />Councilmembers Bennett and Beltran and Mayor Fulp voting Of o m tf <br />Aaenda Items_Fos-. 10 & 11 <br />Motion by Counclilmember Bennett, seconded by Councilmember Hutton.. <br />that Agenda Items Nos. 4. .10 and 11 not be approved until after <br />discussion of finances. <br />Councilmember Bennett inquired if these monies were pooled in a, <br />separate account. City Treasurer Williams stated that all cash i <br />Utilities had been utilized. Councilmember Sandoval asked if the <br />City is under a contractual obligation and Director Clarke stated <br />that the City is undera. contractual obligat ion to serve the RIX <br />facility by April 1. He explained that theCity's portion is <br />finished as to the construction line. Director Clarke informed <br />that repayment has been made out of current streams of operating <br />revenues. He reminded. that this was an approved expenditure in the <br />budget; that bids have been approved and payment has been made to <br />Edison for joint pales out of existing funds. The bond process is <br />in abeyance. There is a need to hold until a. financial plan is .in <br />place. City Treasurer Williams confirmed there is no cash, <br />available in the Electric Fund and that the City s surviving <br />solely on cash, from Redevelopment Agency. <br />After lengthy discussion, Council e b r Bennettfs motion carried. <br />with Councilmember Sandoval and Sanders voting "No." <br />Agenda Item <br />Councilmember Bennett inquired that if this program/plan is <br />adopted, can Council go back and, mend this item. <br />Councilmember/Director Hutton informed that there is an annual <br />0 <br />review. <br />Motion by Councilmember Bennett, seconded by Councilmember Hutton, <br />to reaffirm and adopt the Five -Year Capital Improvement Programs and <br />Twenty -Year Transportation Plan and adopt RESOLUTION NO. R-12-95.Unanimous vote. <br />. _ enda. Item 7 <br />Councilmember/Director Hutton submitted a correction to this item <br />and informed that staff will close on two tracts knower as 14404 and. <br />14404-3. <br />Motion by Councilmember Sandoval,, seconded by Councilmember Sanders <br />to accept the correction and to approve Tract Nos. 14404 and 14404- <br />3. known as Centex Homes, for recordation. n ,n mous vote. <br />2 <br />