*Concurrent Meeting of the Oakland Redevelopment Agency Joint Powers Financing Authority And Finance and Management Committee

Agenda

1. Roll Call / Call to Order
2. COMMITTEE MEMBERSHIP:
3. 1 Approval of the Draft Minutes from the Committee Meeting held on February 10, 2009.
   Action: Approve the Minutes Passed

   A motion was made by Chair De La Fuente, seconded by Member Nadel, to Approve the Minutes. The motion carried by the following vote:

4. 2 Determination of Schedule of Outstanding Committee Items
   Action: Approve as Submitted Passed

   A motion was made by Chair De La Fuente, seconded by Member Kernighan, to Approve as Submitted. The motion carried by the following vote:

5. FMC022409 Untitled item
   City Resolution
6. 3 Subject: Fiscal Year 2008-2009 Second Quarter Reports From: Budget Office Recommendation: Receive A Report On Fiscal Year 2008-2009 Second Quarter Revenue And Expenditure Results And Year-End Projections For Four Selected Funds - General Purpose Fund (1010), Landscape & Lighting Assessment District Fund (2310), Equipment Fund (4100) And Facilities Fund (4400); Overtime Analysis For The General Purpose Fund (1010) And All Funds; And The Status Of Implementing The October 2008 Budget Revisions
   Informational Report
   Action: Received and Forwarded Passed

   A motion was made by Chair De La Fuente, seconded by Member Nadel, that this matter be Received and Forwarded to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on March 3, 2009 as a Non-Consent item. The motion carried by the following vote:

7. 4 Subject: Purchase And Sell Agreement - Jefferson And 18th Streets From: Community and Economic Development Agency Recommendation: Adopt An Ordinance Authorizing The City Administrator To Negotiate And Execute A Purchase And Sale Agreement To Sell Approximately Sixty (60) Square Feet Of City-Owned Surplus Real Property Located At Jefferson And 18th Streets To Wendy Neft Sanda And Kenneth Neft, The Adjoining Property Owners, For The Total Fair Market Value Of Three Hundred ($300.00) Dollars
   Ordinance
   Action: Approved the Recommendation of Staff, and Forward Passed

   A motion was made by Member Nadel, seconded by Chair De La Fuente, that this matter be Approve the Recommendation of Staff, and Forward to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on March 3, 2009 as a Consent Calendar item. The motion carried by the following vote:

8. 5 Subject: Local Agencies Investment Fund From: Finance and Management Agency Recommendation: Adopt The Following Pieces Legislation: 1) A Resolution Of The Oakland Joint Powers Financing Authority Authorizing The Deposit Of Authority Monies In The Local Agencies Investment Fund As Authorized Under California Government Code Section 16429.1 For Purposes Of Investment By The State Treasurer And Designating The Officers Authorized To Order The Deposit And Withdrawal Of Monies In The Fund
   City Resolution
   Action: Approved the Recommendation of Staff, and Forward Passed

   A motion was made by Member Nadel, seconded by Chair De La Fuente, that this matter be Approve the Recommendation of Staff, and Forward to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on March 3, 2009 as a Consent Calendar item. The motion carried by the following vote:

9. 09-0057-1 2) A Resolution Of The Redevelopment Agency Of The City Of Oakland Authorizing The Deposit Of Agency Monies In The Local Agencies Investment Fund As Authorized Under California Government Code Section 16429.1 For Purposes Of Investment By The State Treasurer And Designating The Agency Officers Authorized To Order The Deposit And Withdrawal Of Monies In The Fund; And
   City Resolution
   Action: Approved the Recommendation of Staff, and Forward Passed

   A motion was made by Member Nadel, seconded by Chair De La Fuente, that this matter be Approve the Recommendation of Staff, and Forward to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on March 3, 2009 as a Consent Calendar item. The motion carried by the following vote:

10. 09-0057-2 3) A Resolution Of The City Council Of The City Of Oakland Authorizing The Deposit Of City Monies In The Local Agencies Investment Fund As Authorized Under California Government Code Section 16429.1 For Purposes Of Investment By The State Treasurer And Designating The City Officers Authorized To Order The Deposit And Withdrawal Of Monies In The Fund
    City Resolution
    Action: Approved the Recommendation of Staff, and Forward Passed

    A motion was made by Member Nadel, seconded by Chair De La Fuente, that this matter be Approve the Recommendation of Staff, and Forward to the Meeting of the Oakland City Council, due back on March 3, 2009 as a Consent Calendar item. The motion carried by the following vote:

11. 6 Subject: Cash Management Report From: Finance And Management Agency Recommendation: Receive The Cash Management Report For The Quarter Ended December 31, 2008
    Informational Report
    Action: Continued Passed

    A motion was made by Member Nadel, seconded by Member Kernighan, that this matter be Continued to the *Finance & Management Committee, due back on March 10, 2009. The motion carried by the following vote:

12. 7 Subject: Real Property Transfer Tax - Ballot Measure From: Finance and Management Agency Recommendation: Adopt A Resolution Submitting, To The Voters At The Next Special Municipal Election, That Is Not Less Than 88 Days And No More Than 150 Days After The Date The Council Passses This Resolution,A Proposed Ordinance Amending The Real Property Transfer Tax, Chapter 4.20 Of The Oakland Municipal Code, To Clarify Application Of The Tax To Transfers Of Real Estate Resulting From Changes In The Ownership And Control Of Corporations And Other Legal Entities Without Increasing The Tax Rate; To Remove The Current Requirement Of Conformity To Statewide Rules; To Add A Definition Of "Person" To The Tax; Requesting The Services Of The Registrar Of Voters; And Directing The City Clerk To Take Any And All Actions Necessary Under Law To Prepare For And Conduct The Special Election.
    City Resolution
    Action: Continued Passed

    A motion was made by Member Nadel, seconded by Member Kernighan, that this matter be Continued to the *Finance & Management Committee, due back on March 10, 2009. The motion carried by the following vote:

13. 8 Subject: City's Hotel Tax (Transient Occupancy Tax) - Ballot Measure From: Councilmember Jean Quan Recommendation: Adopt A Resolution Submitting, On The Council's Own Motion, To The Electors At A June 2, 2009 Special Election, A Proposed Ordinance Amending The Oakland Municipal Code In Order To Provide For A Two Percent Surcharge To The City's Transient Occupancy Tax (Hotel Tax) To Support The Oakland Zoo, The Oakland Museum of California, Chabot Space And Science Center And The Cultural Arts Programs And Festivals
    City Resolution
    Action: Approved the Recommendation of Staff, and Forward Passed

    A motion was made by Chair De La Fuente, seconded by Member Kernighan, that this matter be Approve the Recommendation of Staff, and Forward to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on March 3, 2009 as a Non-Consent Calendar item. The motion carried by the following vote:

14. 9 Subject: Charter Amendment To Section 1300 On Kids First From: Councilmembers Jean Quan and Patricia Kernighan Recommendation: Adopt One Of The Following Pieces Of Legislation: 1) (OPTION A-Set Aside of 2.5% of Actual Unrestricted General Purpose Fund City Revenue for Programs for Children and Youth) A Resolution Submitting, On The City Council's Own Motion, To The Electors At The Next Special Municipal Election, That Is Not Less Than 88 Days And No More Than 150 Days After The Date The Council Passses This Resolution, A Measure (1) To Repeal Charter Section 1300 On Kids First! Oakland Fund For Children And Youth Adopted By The Voters On November 4, 2008 (Measure OO) And (2) Readopt Charter Section 1300 On Oakland Fund For Children And Youth Adopted By The Voters On November 7, 1996 (Measure K) As Amended To, Among Other Things, Set Aside Two And One-Half Percent (2.5%) Of The Actual Unrestricted General Purpose Fund City Revenue For Programs For Children And Youth And (3) Directing The City Clerk To Fix The Date For Submission Of Arguments And Provide For Notice And Publication In Accordance With Applicable Legal Requirements
    City Resolution
    Action: Approved the Recommendation of Staff, and Forward Passed

    A motion was made by Member Nadel, seconded by Member Kernighan, that this matter be Approve the Recommendation of Staff, and Forward to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on March 3, 2009 as a Non-Consent item. The motion carried by the following vote:

15. 10 Subject: 2009 Lighting, Parks, Trees, Heath and Safety Emergency - Ballot Measure From: Councilmember Quan Recommendation: Adopt A Resolution Submitting, On The City Council's Own Motion, To The Electors At The Next Special Municipal Election, That Is Not Less Than 88 Days And No More Than 150 Days After The Date The Council Passses This Resolution, A Proposed Ordinance Creating The 2009 Lighting, Parks And Trees Emergency Health And Safety Measure And Parcel Tax; And Directing The City Clerk To Fix The Date For Submission Of Arguments And Provide For Notice And Publication In Accordance With The Next Municipal Special Election
    City Resolution
    Action: Continued Passed

    A motion was made by Member Nadel, seconded by Member Kernighan, that this matter be Continued to the *Finance & Management Committee, due back on March 10, 2009. The motion carried by the following vote:

16. Open Forum (TOTAL TIME AVAILABLE: 15 MINUTES)
17. Adjournment
18. In the event of a quorum of the City Council participates on this Committee, the meeting is noticed as a Special Meeting of the City Council; however no final City Council action can be taken.
19. TDD
20. Untitled item