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2018 MAY 29 CC/SARDA/CUA/CPFA/CHA SPECIAL MEETING - 1 - <br />CITY OF COLTON <br />CITY COUNCIL/SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY <br /> FOR THE CITY OF COLTON/COLTON UTILITY AUTHORITY/ <br />COLTON PUBLIC FINANCING AUTHORITY AND <br />COLTON HOUSING AUTHORITY <br />SPECIAL MEETING MINUTES <br /> <br />May 29, 2018 <br /> <br />A Special Meeting of the City Council of the City of Colton was held at 5:03 p.m. on the above- <br />given date in the Council Chamber of City Hall, located at 650 North La Cadena Drive, Colton, <br />California, Mayor DeLaRosa presiding. Notice of Special Meeting was given on May 24, 2018, <br />in compliance with Government Code Section 54954.2. <br /> <br />CITY COUNCIL ROLL CALL <br />Councilmembers present were Toro (excused), Cisneros, Navarro, González, Mayor Pro Tem <br />Woods, Suchil (excused) and Mayor DeLaRosa. <br /> <br /> <br />DISCUSSION ITEMS <br /> <br />(1) Informational Report on General Fund Fiscal Stability and Recommendations for <br />Financial Sustainability Report by Urban Futures, Inc. <br /> <br />Staff Presentation <br />Presentation to City of Colton City Council by James P. Morris, Managing Principal, Urban <br />Futures, Inc. <br /> <br />Discussion Outline (PowerPoint Presentation) <br /> Decade of Fiscal Challenges – A Brief Look Back at the Road to Today <br /> Purpose of Report and Development of Summary Baseline Forecast <br /> Findings from Baseline Financial Forecast <br /> Cash Flow Solvency <br /> Budget Solvency <br /> Structural and Service Solvency <br /> Recommendations for Fiscal Stabilization and Financial Sustainability <br /> Expend Reductions – Evaluation of Options/Opportunities <br /> Revenue Increases – Evaluation of Options/Opportunities <br /> Next Steps <br /> <br />PUBLIC COMMENT <br />The following community members addressed the Council: Carlos Gonzales; Kelley Phelps; <br />Gary Grossich; Margie Ramirez; and Mark Garcia. <br /> <br />Council Discussion <br />Discernment and discussion between Councilmembers; with clarification provide by staff: City <br />Manager Smith; Director Dabbs; Director Kolk; and Consultant Morris <br />