File #: 17-310    Version: 1 Name: Finance Committee Minutes April 4 2017
Type: Minutes Status: Passed
In control: Finance Committee
Meeting Date: 6/5/2017 Final action: 6/5/2017
Enactment date: Enactment #:
Title: Highlights of the Finance Committee Meeting of April 4, 2017
Sponsors: David Baum Finance Director
Attachments: 1. April 4 2017 Agenda, 2. Wells Fargo - DAPL Fact Sheet 03-13-17, 3. Wells Fargo - Fraud Fact Sheet 03-13-17, 4. Wells Fargo - Letter DAPL 03-13-17
Title
Highlights of the Finance Committee Meeting of April 4, 2017

Body
CITY OF SAN LEANDRO

FINANCE COMMITTEE

April 4, 2017
5:30 - 6:30p.m.

San Leandro City Hall
835 East 14th Street
San Leandro, California
(Sister Cities Gallery)

HIGHLIGHTS

1. CALL TO ORDER

Councilmember Lee called the meeting to order at 5:30 p.m.

1.A. Attendance

Committee members present: Mayor Cutter, Councilmember Lee, Councilmember Hernandez

City staff present: City Manager Zapata, Assistant City Manager Kay, Finance Director Baum, Assistant Finance Director Fuentes

Public present: Bryan Azevedo, Susan Erb, Mark D. Hamilton, Lori Foster, Sonia Suzowsky, Amy Chovnick, Virginia Madsen,


1.B. Announcements

Mayor Cutter announced that since there is only one agenda item, the public will be allowed three (3) minutes to speak first and if there are any questions, they will be answered following the presentation.

City Manager Zapata stated that the City's budget reflects the values of the City Council and community. Over the past couple of years the City has authorized a staff position to work on our Climate Action Plan. The City has also been concerned about disaster preparedness. There is a full-time position within the City Manager's Office for disaster preparedness that will work with the churches, schools, and community. The City has been working with FEMA regarding flood plain issues. Mayor Cutter has invited Executive Director Larry Goldzband of the Bay Conservation and Development Commission to speak to mayors of surrounding cities to discuss the potential impact of a local disaster.

The Waste Water Treatment Plant, a $54 million investment, has been revamped and money has been set-aside for "purple pipe" so that we may lower the amount of wasted water.

Director Baum stated that last year, the City took the initiative to issue $5.4 million of debt, at 2.1% for 15 years, through Bank of America, to fund energy and water efficiency projects that will produce sa...

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