*Special Concurrent Meeting of the Joint Powers Financing Authority and the Finance & Management Committee

Tuesday, March 11, 2008 · 1:30 PM AM · Hearing Room One - 1st Floor

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Agenda

FROM THE APRIL 8, 2008 FINANCE AND MANAGEMENT AGENDA
#1 Subject: Salary Saving Funds - Expenditures From: Oakland Police Department Recommendation: Adopt A Resolution Authorizing The City Administrator To Amend Resolution No. 80786 C.M.S., Which Establishes Protocol For Expenditures Of Police Department Salary Savings Funds, To Include Authorization To Use Salary Savings In Accordance With Agency Resolution No. 2007-0075 C.M.S., Which Establishes A Public Safety And Police Services Program In Redevelopment Areas, In The Amount of $135,650; On The April 8, 2008 Finance And Management Committee Agenda
City Resolution
Action: Withdrawn with No New Date
FROM BOARDS/COMMISSION REPORTS
FOR TRACKING PURPOSES
#7 Subject: Cash Management Report From: Finance and Management Agency Recommendation: Receive An Informational Report On Cash Management For The Quarter Ended March 31, 2008
Informational Report
Action: Scheduled
#1 Subject: Budget Advisory Committee Activities From: Office Of The City Administrator Recommendation: Receive An Informational Budget Advisory Committee (BAC) Report For The Third Quarter Of The 2007-2008 Fiscal Year
City Resolution
Action: Scheduled
#2 Subject: Business Tax Board Of Review - Report From: Finance And Management Agency Recommendation: Receive An Informational Report On The Business Tax Board Of Review Meeting For The First Quarter Of Calendar Year 2008
Informational Report
Action: Scheduled
#3 Subject: Civil Service Board From: Finance and Management Agency Recommendation: Receive An Informational Report Of The Activities Of The Civil Service Board For The Three Quarters Beginning April 1, 2007 and Ending March 31, 2008 Including An Overview Of The Board's Revision Of The Civil Service Rules
Informational Report
Action: Scheduled
#4 Subject: Oakland Municipal Employees' Retirement System (OMERS) From: Finance and Management Agency Recommendation: Receive the Informational Report regarding the Oakland Municipal Employees' Retirement System for the First and Second Quarters of 2008
City Resolution
Action: Scheduled
#4 Subject: Police And Fire And Oakland Municipal Employees' Retirement System From: Finance and Management Agency Recommendation: Receive An Informational Report On The Police And Fire Retirement System (PFRS) And Oakland Municipal Employees' Retirement System (OMERS)
Informational Report
Action: Scheduled
Untitled item
Roll Call / Call to Order
COMMITTEE MEMBERSHIP:
1 Approval of the Draft Minutes from the Committee Meeting held on January 22, 2008 and February 26, 2008.

Action: Approve the Minutes Passed

A motion was made by Member Nadel, seconded by Member Brunner, to Approve the Minutes. The motion carried by the following vote:
2 Determination of Schedule of Outstanding Committee Items

Action: Approve with the following amendments Passed

A motion was made by Member Nadel, seconded by Member Brunner, to Approve with the following amendments. The motion carried by the following vote:
FAM 3-11-08 Untitled item
City Resolution
3 Subject: Equal Access Ordinance Implementation From: Office of Personnel Recommendation: Action On A Follow-Up Report On The Status Of The Implementation Of The Equal Access Ordinance And Recommendations For Improving Language Access To City Of Oakland Services
Report and Recommendation
Action: Approved the Recommendation of Staff, and Forward Passed

A motion was made by Member De La Fuente, seconded by Member Nadel, that this matter be Approve the Recommendation of Staff, and Forward to the Meeting of the Oakland City Council, due back on March 18, 2008 as a Consent Calendar item. The motion carried by the following vote:
4 Subject: Second Quarter Revenue and Expenditure Report From: Budget Office Recommendation: Receive A Report On Fiscal Year 2007-2008 Second Quarter Revenue And Expenditure Results And Year-End Projections For Four Selected Funds - General Purpose Fund (1010), Telecommunications Reserve Fund (1760), Equipment Fund (4100), City Facilities Fund (4400)
City Resolution
Action: Approved the Recommendation of Staff, and Forward Passed

A motion was made by Member Brunner, seconded by Member 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 18, 2008 as a Consent Calendar item. The motion carried by the following vote:
5 Subject: AST Corporation Contract From: The Budget Office Recommendation: Adopt A Resolution Authorizing The City Administrator To Enter Into A Services Agreement With AST Corporation To Provide Consulting Services For The Implementation Of The Oracle Public Sector Budgeting Computerized System In An Amount Not-To-Exceed $525,000.00, And Appropriating Five Hundred Twenty Five Thousand Dollars ($525,000.00) From The Telecommunications Land Fund (1770), Balance To The Telecommunications Land Use Fund (1770), Capital Improvement Project - Information Technology (94461), Miscellaneous Contract Services (54919), Oracle Public Sector Budgeting (C336510), And Application Development And Administration (IP69)
City Resolution
Action: Approved the Recommendation of Staff, and Forward Passed

A motion was made by Member Nadel, seconded by Member 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 18, 2008 as a Consent Calendar item. The motion carried by the following vote:
6 Subject: 2006-2007 Workers' Compensation Report From: Finance and Management Agency Recommendation: Receive An Informational Report On The Workers' Compensation Program For Fiscal Year 2006-2007
Informational Report
Action: Continued Passed

A motion was made by Member Nadel, seconded by Member De La Fuente, that this matter be Continued to the *Finance & Management Committee, due back on April 8, 2008. The motion carried by the following vote:
7 Subject: Self-Insurance General Liability Fund Allocations From: Finance And Management Agency Recommendation: Action On A Report And Recommendation Regarding The Allocation Of Monies From The Self-Insurance General Liability Fund (Fund 1100) To Departments For Fiscal Year 2008-2009 Mid-Cycle Budget Adjustment Of General Liability Costs Based On Implementation Of The "Phoenix Model" Of Risk Management Cost Allocation, Reflecting A Projected Ultimate Loss Increase From $4.04 Per $100 Payroll In Fiscal Year 2007-2008 To $4.12 Per $100 Payroll In Fiscal Year 2008-2009 (TITLE CHANGE)
City Resolution
Action: Approved the Recommendation of Staff, and Forward Passed

A motion was made by Member Nadel, seconded by Member 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 18, 2008 as a Consent Calendar item. The motion carried by the following vote:
8 Report: Project 22 - Community Service For Parking Tickets From: Councilmember Jane Brunner Recommendation: Action On A Report And Recommendation On Establishment Of A Pilot Project 22 Or Similar Program In The City Of Oakland For One Year, Particularly As It Relates To Potential Community Payment Program(s) For Indigent Citizens Who Incur Parking Fines
Report and Recommendation
Action: Continued Passed

A motion was made by Member Nadel, seconded by Member De La Fuente, that this matter be Continued to the *Finance & Management Committee, due back on April 8, 2008. The motion carried by the following vote:
9 Subject: Multi-Space Meters Progress Report From: Council President De La Fuente Recommendation: Action On A Request For An Informational Report On The Cale Parking Systems USA, Inc. Multi - Space Parking Meters Installed In The City Of Oakland
Informational Report
Action: Received and Filed Passed

A motion was made by Member Nadel, seconded by Member De La Fuente, that this matter be Received and Filed The motion carried by the following vote:
10 Subject: Department Of Information Technology - Status Report From: Information Technology Recommendation: Receive A Status Report From The Department Of Information Technology On Programs And Projects
Informational Report
Action: Continued Passed

A motion was made by Member Nadel, seconded by Member De La Fuente, that this matter be Continued to the *Finance & Management Committee, due back on April 8, 2008. The motion carried by the following vote:
11 Subject: Landscaping And Lighting Assessment District - Levy From: Public Works Agency Recommendation: Adopt A Resolution For The 1) Initiation Of And Intention To Levy The Landscaping And Lighting Assessment District Pursuant To Articles XIII C And D Of The California Constitution; 2) Accepting The Fiscal Year 2008-2009 Preliminary Engineer's Report For The City Of Oakland Landscaping And Lighting Assessment District; 3) Setting The Date For A Public Hearing; 4) Authorizing The Preparation And Mailing Of Notices And Ballots Seeking Property-Owner Approval Of A Proposed Rate Increase And Assessment Of Public Agencies; And 5) Executing A Contract With Francisco And Associates For An Amount Not To Exceed $85,000 For Prop 218 Election Services; And 6) Authorizing The Expenditure Up To $100,000 For Postage
City Resolution
Action: Approved as Amended the Recommendation of Staff, and Forward Passed

A motion was made by Member De La Fuente, seconded by Member Nadel, that this matter be Approve as Amended the Recommendation of Staff, and Forward to the Meeting of the Oakland City Council, due back on March 18, 2008 as a Non-Consent item. The motion carried by the following vote:
12 Subject: Joint Powers Authority Revenue Bonds 2005 Series From: Finance and Management Agency Recommendation: Adopt A The Following Pieces Of Legislation: 1) A Resolution Of The Oakland Joint Powers Financing Authority Approving The Issuance And Sale Of Refunding Revenue Bonds Of An Aggregate Amount Not To Exceed $137,000,000 In One Or More Series To Refund The Authority's Outstanding Refunding Revenue Bonds, 2005 Series A-1 (Auction Rate Securities) (Tax-Exempt Bonds), 2005 Series A-2 (Auction Rate Securities) (Tax-Exempt Bonds) And 2005 Series B (Auction Rate Securities) (Taxable Bonds); Approving The Forms Of And Authorizing Execution And Delivery Of An Amended And Restated Lease, An Amended And Restated Sublease, An Indenture And A Bond Purchase Contract And Related Agreements; [Authorizing The Procurement Of Bond Insurance;] And Authorizing Execution Of Documents And The Taking Of All Necessary Actions Relating To The Issuance Of The Bonds; And
City Resolution
Action: Approved the Recommendation of Staff, and Forward Passed

A motion was made by Member De La Fuente, seconded by Member Nadel, that this matter be Approve the Recommendation of Staff, and Forward to the Meeting of the Oakland City Council, due back on March 18, 2008 as a Consent Calendar item. The motion carried by the following vote:
07-1112-1 2) A Resolution Of The City Council Of The City Of Oakland Approving The Issuance By The Oakland Joint Powers Financing Authority Of Not To Exceed $137,000,000 Aggregate Principle Amount Of Refunding Revenue Bonds In One Or More Series To Refund The Authority's Outstanding Refunding Revenue Bonds, 2005 Series A-1 (Auction Rate Securities) (Tax-Exempt Bonds), 2005 Series A-2 (Auction Rate Securities) (Tax-Exempt Bonds) And 2005 Series B (Auction Rate Securities) (Taxable Bonds); Authorizing Execution And Delivery Of An Amended And Restated Lease; An Amended And Restated Sublease, And Authorizing Execution Of Documents And The Taking Of All Necessary Actions Relating To The Refunding Financing With The Oakland Joint Powers Financing Authority
City Resolution
Action: Approved the Recommendation of Staff, and Forward Passed

A motion was made by Member De La Fuente, seconded by Member Nadel, that this matter be Approve the Recommendation of Staff, and Forward to the Meeting of the Oakland City Council, due back on March 18, 2008 as a Consent Calendar item. The motion carried by the following vote:
13 Subject: Joint Powers Authority Revenue Bonds 2004 Series From: Finance and Management Agency Recommendation: Adopt A The Following Pieces Of Legislation: 1) A Resolution Of The City Council Approving The Issuance By The Oakland Joint Powers Financing Authority Of Lease Revenue Bonds, In One Or More Series, Of Not To Exceed One Hundred Twenty Five Million Dollars ($125,000,000) Aggregate Principal Amount; Approving The Form Of And Authorizing The Execution And Delivery Of Lease, Sublease And Bond Purchase Agreement; Authorizing Variable Rate Bonds, Purchase Of Letters Of Credit And Execution Of Reimbursement Agreements; Authorizing The City Administrator To Terminate One Or More Interest Rate Swap Agreements; And Authorizing Execution Of Documents And The Taking Of All Necessary Actions Relating to The Bonds And Authorizing Necessary Actions Relating To The Lease Financing With The Oakland Joint Powers Financing Authority; And
City Resolution
Action: Approved the Recommendation of Staff, and Forward Passed

A motion was made by Member De La Fuente, seconded by Member Nadel, that this matter be Approve the Recommendation of Staff, and Forward to the Meeting of the Oakland City Council, due back on March 18, 2008 as a Consent Calendar item. The motion carried by the following vote:
07-1113-1 2) A Resolution Of The Oakland Joint Powers Financing Authority Authorizing The Issuance And Sale Of Lease Revenue Bonds (Oakland Administration Buildings) In An Aggregate Principal Amount Not To Exceed One Hundred Twenty Five Million Dollars ($125,000,000); Authorizing The Execution And Delivery Of A Trust Agreement, Lease, Sublease, Escrow Agreement, Bond Purchase Agreement, Approving The Form Of And Authorizing The Distribution Of A Preliminary Official Statement And Authorizing Execution And Delivery Of An Official Statement; Approving The Retention Of Bond Counsel, Financial Advisor And Underwriters; And Authorizing Payment Of Cost Issuance
City Resolution
Action: Approved the Recommendation of Staff, and Forward Passed

A motion was made by Member De La Fuente, seconded by Member Nadel, that this matter be Approve the Recommendation of Staff, and Forward to the Meeting of the Oakland City Council, due back on March 18, 2008 as a Consent Calenar item. The motion carried by the following vote:
Open Forum (TOTAL TIME AVAILABLE: 15 MINUTES)
Adjournment
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.
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City Resolution

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