*Special Concurrent Meeting of the Redevelopment Agency 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 May 26, 2009
   Action: Approve the Minutes Passed

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

5. FMC060909 Untitled item
   City Resolution
6. 3 Discussion And Action On Potential Proposals To Obtain Grant Funds Provided Under The American Recovery And Reinvestment Act Of 2009 (Federal Government's "Stimulus Package")
   Action: No Action Taken
7. 09-0188
   City Resolution
8. 4 Subject: Performance Measurement Process From: Office of the City Administrator Recommendation: Action On A Report On The Current Status and Recommended Improvements To The Citywide Performance Measurement Process
   Informational Report
   Action: Received and Filed Passed

   A motion was made by Member Nadel, seconded by Member Kernighan, that this matter be Received and Filed. The motion carried by the following vote:

9. 5 Subject: Oakland's Parking Violation Fines Comparison From: Finance and Management Agency Recommendation: Receive A Follow-Up Report From The Parking Division On Comparison Of Oakland's Parking Violation Fines With Other Cities
   Informational Report
   Action: Received and Forwarded Passed

   A motion was made by Member Nadel, seconded by Member Kernighan, that this matter be Received and Forwarded to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on June 16, 2009 as a Non-Consent item. The motion carried by the following vote:

10. 6 Subject: General Purpose Fund Clarification From: Councilmember Jean Quan Recommendation: Discussion And Consideration Of An Ordinance Amending Ordinance No. 12502 C.M.S. To Clarify General Purpose Fund (GPF) Reserve Requirements; Require A Mayoral Declaration Of Fiscal Emergency And Approval By Council Before The GPF Reserve Can Be Drawn Down; Require That Excess Real Property Transfer Tax Revenues Be Used To Build Up The GPF Reserve, Pay Back Negative Internal Service Fund Balances, Establish Set-Asides For Other Post-Employment Benefits (OPEB) And Police And Fire Retirement System (PFRS) Liabilities, And Fund Capital Improvements Projects; Require That One-Time Revenues Be Used To Repay Negative Fund Balances In Internal Service And Other Funds; And Provide Criteria For Project Carryforwards And Encumbrances In The GPF (TITLE CHANGE)
    Ordinance
    Action: Approved as Amended the Recommendation of Staff, and Forward Passed

    A motion was made by Member Nadel, seconded by Member Kernighan, that this matter be Approve as Amended the Recommendation of Staff, and Forward to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on June 16, 2009 as a Non-Consent item. The motion carried by the following vote:

11. 7 Subject: Seized Property Tax Funds From: Finance and Management Agency Recommendation: Adopt A Resolution Finding Severe Fiscal Hardship Will Exist If Additional City Property Tax Funds Are Seized And Additional Unfunded Mandates Are Adopted By The State Of California
    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 June 16, 2009 as a Consent Calendar item. The motion carried by the following vote:

12. 8 Subject: One Work Place - Business Incentive Agreement From: Community and Economic Development Agency Recommendation: Adopt A Resolution Authorizing A Business Incentive Agreement With One Workplace Ferrari, LLC ("OWP"), Requiring OWP To Expand And Maintain Its Business In The City For A Minimum Period Of Five Years In Exchange For The City's Disbursement To OWP Of Business Incentive Payments In Amounts Equal To The Percentage Of Sales And Use Tax Received By The City From OWP's Retail Sales For The Following Periods: (1) For Year Two Of The Agreement (Fiscal Year 2011-2012), 50% Of The Tax; (2) For Year Three Of The Agreement (Fiscal Year 2012-2013), 45% Of The Tax; And (3) For Year Four Of The Agreement (Fiscal Year 2013-2014), 40% Of The Tax.
    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 *Special Concurrent Meeting of the Oakland Redevelopment Agency/City Council, due back on June 16, 2009 as a Non-Consent item. The motion carried by the following vote:

13. 9 Subject: Equal Access Implementation Status From: Office of the City Administrator Recommendation: Receive A Status Report On The Implementation Of The Equal Access To Services Ordinance And Recommendations For Improving Language Access To City Services For Oakland's Limited English Speaking Population For The Period July 1, 2008 Through June 30, 2009
    Informational Report
    Action: Received and Filed Passed

    A motion was made by Member Nadel, seconded by Chair De La Fuente, that this matter be Received and Filed. The motion carried by the following vote:

14. 10 Subject: State Budget Status From: Budget Office Recommendation: Receive A Report Regarding The Status Of The State's Budget Development And Its Potential Impacts On The City Of Oakland's Proposed Budget For Fiscal Year 2009 -2011 [TITLE CHANGE]
    Informational Report
    Action: Received and Filed Passed

    A motion was made by Member Nadel, seconded by Chair De La Fuente, that this matter be Received and Filed. The motion carried by the following vote:

15. 11 Subject: City Administrator's Purchasing Authority From: Council President Brunner Recommendation: Adopt An Ordinance Amending Ordinance No. 7937 C.M.S., Adopted February 6, 1969, And Amendments Thereto, Codified At Oakland Municipal Code Title 2, Chapter 2.04, Purchasing System, Article I, Bidding, Contracting And Purchasing, To Decrease Amounts For Certain Purchases Requiring City Council Approval And Decrease The City Administrator's Authority For Certain Purchases
    Ordinance
    Action: Continued Passed

    A motion was made by Chair De La Fuente, seconded by Member Kernighan, that this matter be Continued to the *Finance & Management Committee, due back on June 23, 2009. The motion carried by the following vote:

16. 12 Subject: Measure DD Bonds - Allocations And Appropriations From: Community and Economic Development Agency Recommendation: Adopt A Resolution (1) Approving The Allocation And Appropriation Of Measure DD Bond Series 2009B Proceeds, (2) Approving The Reallocation Of Measure DD Bond Series 2003A Proceeds, And (3) Authorizing The City Administrator, Or The City Administrator's Designee, To Make Final Adjustments To The Allocations Of Measure DD Series 2003A Bond Proceeds As The City Administrator Deems Necessary For The Timely Completion Of Measure DD Projects
    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 *Special Concurrent Meeting of the Oakland Redevelopment Agency/City Council, due back on June 16, 2009 as a Non-Consent item. The motion carried by the following vote:

17. 13 Subject: Tax Amnesty Program From: Finance And Management Agency Recommendation: Adopt An Ordinance Establishing A Time-Limited Tax Amnesty Program Forgiving Payment Of Penalties And Interest On Penalties Applicable To Under-Reported And Un-Reported Business Taxes, Parking Taxes, Transient Occupancy Taxes, And Utility Users Taxes (TITLE CHANGE)
    Ordinance
    Action: Approved as Amended the Recommendation of Staff, and Forward Passed

    A motion was made by Chair De La Fuente, seconded by Member Nadel, that this matter be Approve as Amended the Recommendation of Staff, and Forward to the *Special Concurrent Meeting of the Oakland Redevelopment Agency/City Council, due back on June 16, 2009 as a Non-Consent item. The motion carried by the following vote:

18. 14 Subject: Measure DD Series 2009B - Bond Sales From: Finance And Management Agency Recommendation: Adopt A Resolution Authorizing And Directing The Sale Of Not To Exceed $70,000,000 Aggregate Principal Amount Of City Of Oakland General Obligation Bonds (Series 2009B, Measure DD) And Levying An Ad Valorem Tax With Respect Thereto; Approving The Form Of And Authorizing The Execution And Delivery Of A Fiscal Agent Agreement; Approving The Selection Of One Or More Underwriters And The Execution Of Bond Purchase Contract(s) Or A Competitive Sale; 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 And Other Agents; Authorizing Payment Of Costs Of Issuance; And Authorizing Necessary Actions In Connection Therewith
    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 *Special Concurrent Meeting of the Oakland Redevelopment Agency/City Council, due back on June 16, 2009 as a Consent Calendar item. The motion carried by the following vote:

19. 15 Subject: Parking Division Report From: Finance and Management Agency Recommendation: Receive An Informational Report From The Parking Operations Division On Revenue Generating And Service Improvement Efforts
    Informational Report
    Action: Received and Forwarded Passed

    A motion was made by Member Nadel, seconded by Chair De La Fuente, that this matter be Received and Forwarded to the *Special Concurrent Meeting of the Oakland Redevelopment Agency/City Council, due back on June 16, 2009 as a Consent Calendar item. The motion carried by the following vote:

20. 16 Subject: 2009-2010 Investment Policy From: Finance And Management Agency Recommendation: Adopt The Following Pieces Of Legislation: 1) An Agency Resolution Adopting The Oakland Redevelopment Agency's Investment Policy For Fiscal Year 2009-2010; 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 *Special Concurrent Meeting of the Oakland Redevelopment Agency/City Council, due back on June 16, 2009 as a Consent Calendar item. The motion carried by the following vote:

21. 09-0492-1 2) A City Resolution Adopting The City Of Oakland's Investment Policy For Fiscal Year 2009-2010
    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 *Special Concurrent Meeting of the Oakland Redevelopment Agency/City Council, due back on June 16, 2009 as a Consent Calendar item. The motion carried by the following vote:

22. 17 Subject: 2009-2010 Debt Management And Swap Policies From: Finance and Management Agency Recommendation: Adopt The Following Pieces Of Legislation: 1) An Agency Resolution Adopting The Oakland Redevelopment Agency's Debt Management Policy And Swap Policy For Fiscal Year 2009-2010; And
    City Resolution
    Action: Approved the Recommendation of Staff, and Forward Passed

    A motion was made by Chair De La Fuente, seconded by Member Nadel, that this matter be Approve the Recommendation of Staff, and Forward to the *Special Concurrent Meeting of the Oakland Redevelopment Agency/City Council, due back on June 16, 2009 as a Non-Consent item The motion carried by the following vote:

23. 09-0493-1 2) A City Resolution Adopting The City Of Oakland's Debt Management Policy And Swap Policy For Fiscal Year 2009-2010
    City Resolution
    Action: Approved the Recommendation of Staff, and Forward Passed

    A motion was made by Chair De La Fuente, seconded by Member Nadel, that this matter be Approve the Recommendation of Staff, and Forward to the *Special Concurrent Meeting of the Oakland Redevelopment Agency/City Council, due back on June 16, 2009 as a Non-Consent item The motion carried by the following vote:

24. Open Forum (TOTAL TIME AVAILABLE: 15 MINUTES)
25. Adjournment
26. 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.
27. NOTE: Americans With Disabilities Act If you need special assistance to participate in Oakland City Council and Committee meetings please contact the Office of the City Clerk. When possible, please notify the City Clerk 48 hours prior to the meeting so we can make reasonable arrangements to ensure accessibility. Also, in compliance with Oakland's policy for people with environmental illness or multiple chemical sensitivities, please refrain from wearing strongly scented products to meetings. Office of the City Clerk - Agenda Management Unit Phone: (510) 238-6406 Fax: (510) 238-6699 Recorded Agenda: (510) 238-2386 Telecommunications Display Device: (510) 238-3254
    City Resolution
28. Untitled item