HomeMy WebLinkAbout02/24/2012OFFICE OF THE CITY MANAGER
February
TO: Honorable Mayor and City Council
FROM: Alan Tandy, City Manager ,/��
SUBJECT: Generallnformation
Very Good News
� TRIP has reached a significant milestone with the SR 178 Wideninc
The draft environmental document for the SR 178 Widening Prc
been signed and is planned to be available for public circula
comments starting next week. This will be the start of a 30-da
comment period during which Caltrans will hold a public he
present the project. The hearing will be held in an open house for
City, Caltrans, and TRIP staff available to answer questions as w
take public comment. Property owners along the route will bE
notices of the document's availability and the date and locatic
public hearing. The draft environmental document will also be c
online at the TRIP and Caltrans websites, as well as at several lit
the area. Additional information regarding this milestone and �
enclosed.
Miscellaneous News
• Good news! We received approval of our grant request for $120,
the Rose Foundation to prepare the Bike Transportation Plan. V�
the process of wrapping up the RFP to send out for consultant bl
the plan.
• Encouraging news! We have seen an increase in the number c
scheduled at Rabobank Arena, Convention Center and TheatE
the next 45 days multiple notable artists will be performing, ir
Blake Shelton, Kelly Clarkson and George Lopez. Additionally, thE
potential for some big name acts to be announced later this sp
__ ____ ___ _ __ I1 __ __I_ _ _ . _ _ __11_ __ _ 1'__ __ 11_ _ /1/'1� /'1 I'1_' __I_ 1 1 1 _ _ _' _ A ___ __ I
Honorable Mayor and City Council
General Information
February 24, 2012
Page 2
• News out of Stockton today suggests its City Council may consid
the first move toward filing Chapter 9 bankruptcy. Staff is citing e
costs, excessive debt and bookkeeping errors that have lec
consideration. It is expected that staff will ask council members tc
entering a mediation period with the City's major creditors c
council meeting next week. An article is enclosed.
• I will be off for a short vacation Thursday - Monday, March 1 St, 2nd
During my absence, Steve Teglia will be in charge. As always, t�
will have my contact information.
Event Schedule
There are multiple public events scheduled for the next week at City fac
✓ Bakersfield Condors Hockey
February 25th; 7 p.m.
February 28th; 7 p.m.
Rabobank Arena
Tickets: $8-$25
✓ Mike Epps with Bruce Bruce and Darren Carter
February 26th; 7 p.m.
Rabobank Arena
Tickets: $38-$48
Council Referrals
� Councilmember Salas:
o Light At Panama Lane And Union Avenue
Reports
For your information, we enclose the following information:
➢ The Streets Division work schedule for the week beginning Februar
AT:ch
cc: Department Heads
TRIP Update
TRIP has reached a significant milestone with the SR 178 Widening Project. The draft en�
document for the SR 178 Widening Project has been signed and is planned to be availablE
circulation and comments starting next week. This will be the start of a 30-day public comn
during which Caltrans will hold a public hearing to present the project. The hearing will be
open house format with City, Caltrans, and TRIP staff available to answer questions as wel
public comment. Property owners along the route will be mailed notices of the document's
and the date and location of the public hearing. The draft environmental document will also k
online at the TRIP (www.bakersfieldfreeways.us) and Caltrans websites, as well as at several
the area.
Following the 30-day public review period, Caltrans and the project development team will
respond to the individual comments and complete the final environmental document. Appr
final environmental document is anticipated in fall 2012. Following approval, the project wo
into final design and right-of-way would be acquired. Construction is expected to begin in fall
The SR 178 Widening Project would widen the road from two to six lanes from just east
Drive to Masterson Street, and from two to four lanes from Masterson Street to Miramonte
8-foot shoulders on both sides of the highway. Masterson Street, Alfred Harrell Highway,
Drive and State Route 184 would be realigned and/or widened where they intersect State
The estimated cost of construction would be approximately $30 million and would be fund
the TRIP allocations secured by former Congressman William M. Thomas in the 2005 Transpc
and local funding sources.
This is the third TRIP project to complete all of the technical studies and documentation
begin the public environmental review process, being preceded by the SR 178/Mor
Interchange Project and the Rosedale Highway Widening Project. The Morning Drive Project
in final design. The comment period for the Rosedale Highway Project has closed and TRIP is
the final environmental document, which is expected to be completed this summer.
To date, TRIP has completed construction of the SR 178/Fairfax Road Interchange, SR 99/7
Road Interchange, 7t" Standard Road Widening Project and grade separation at Santa Fe W
Mohawk Street Extension. Approximately, five miles of freeway is currently under construc
Westside Parkway, including the phases from Mohawk Street to Allen Road, the Truxtun
Allen Road Interchange.
The environmental process is wrapping up on the 24t" Street Improvements, Hageman Flyo�
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Printable version: Stockton to Take Steps Toward Bankruptcy, City Man... http://www.sfgate.com/cgi-bin/article.cgi?f=/
'�F�s��.c�or� Rri�t T�ris Ar�ticle Back to Article advertisement � your ad here
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Stockton to Take Steps Toward
Bankruptcy, City Manager Says
Alison Vekshin and Michael B. Marois, 02012 Bloomberg News
Friday, February 24, 2012
(Updates with attorney comment in the third
paragraph.)
Feb. 24 (Bloomberg) -- Stockton, California, may take
the first steps toward becoming the most populous
U.S. city to file for bankruptcy next week because of burdensome employee costs, excessi`
bookkeeping errors that misrepresented accounts, city officials said today.
The Stockton City Council will meet Feb. 28 to consider a type of inediation that allows cr
participate, the first move toward a Chapter 9 bankruptcy filing under a new state law. Th
also weigh suspending some payments on long-term debt of about $�02 million, accordin
financial statement.
"Somebody has to suffer and in this case the city manager has decided it should be the bo�
suffer," Marc Levinson of the Sacramento-based law firm Orrick, Herrington & Sutcliffe L
represents the city, said at a news briefing at Stockton's City Hall today.
Stockton, a farming center about 8o miles (i3o kilometers) east of San Francisco, has fou
bankruptcy by shrinking its payroll, including a quarter of the roughly 425- member polic
292,000, the city has more than twice as many residents as Vallejo, California, which bec�
symbol for distressed municipal finance in 2008 when it sought protection from creditor�
Shrinking Current Budget
Stockton's council will be asked to reduce the current budget by $15 million because of ne
accounting errors and fiscal mismanagement that have left the city almost broke, City Ma
Printable version: Stockton to Take Steps Toward Bankruptcy, City Man... http://www.sfgate.com/cgi-bin/article.cgi?f=/
Deis said he wants to use the mediation process to work out a compromise with creditors
bondholders and with labor unions representing city workers before the city needs to see�
protection.
"This is all being done with the goal of getting to June 30," Deis said. "It's always best to n
work out a settlement."
Budget Deficit
Deis said the city is facing a$2o million deficit in the next fiscal year. Expanded retiree hE
commitments in the 199os have left the city with a looming $45o million unfunded liabili
"Next year, we expect to pay more for retiree health insurance than for our current emplo;
likening the promises to a"Ponzi scheme."
State officials are monitoring the situation. "We haven't talked to them about it, but wher�
we would," Governor Jerry Brown, a Democrat, said today in an interview in Washington,
State Treasurer Bill Lockyer said the city's financial straits could be felt statewide.
"The reputational stain can bleed onto other local issuers and the state, and that can hurt
bond market," he said in a statement. "So we hope a Chapter 9 filing is not the final outco.
'Bad Message'
Telling bondholders they will suffer is "a bad message to send out to bond-land," said Ma�
president of Los Angeles-based Envision Capital Management Inc., which manages about
municipal bonds.
"The whole idea has always been to preserve the bonds because one day we're going to ha�
the bond market," Cohen said.
Printable version: Stockton to Take Steps Toward Bankruptcy, City Man... http://www.sfgate.com/cgi-bin/article.cgi?f=/
"Compensation packages exceeded sustainable levels and the city assumed a significant li
improved retiree health coverage without sufficient recurring revenues to cover growing c
said. "Prior fiscal management practices obscured problems."
On Review
Moody's Investors Service today placed Stockton's long-term ratings on review for possib�
citing "the city's potential, near-term consideration of a bankruptcy filing." The review, af
$341 million in debt, includes the city's Baai issuer rating, the Baa2 rating on the city's 2c
obligation bonds and the Baa3 rating on its 2oo6A lease- revenue bonds.
News about Stockton didn't affect the municipal bond market today, which is quiet with "
firmness," said Alan Schankel, director of fixed-income research at Janney Montgomery �
Philadelphia.
'Just Playing Chicken'
Schankel said he thinks Stockton might avoid filing for bankruptcy. "They're just playing �
he said.
Stockton had the eighth-highest violent crime rate in the country in 2010; the second-hig]
rate in the U.S., behind Las Vegas; and the eighth-highest unemployment, at i5.9 percent
almost double the national average.
Such factors helped earn Stockton the title of "most miserable city" in the U.S. twice in th�
by Forbes.com, out of the 200 largest metropolitan statistical areas. In November, Moody
about $137.� million of its debt to the third-lowest investment grade, citing Stockton's "pr
financial position."
A Stockton sewer bond rated A, sixth-highest, by Standard & Poor's and maturing in Apri:
Feb. 2i at an average yield of about 6.2 percent, according to Bloomberg Bond Trader pric
han r�rn�hlP tha � a r�PrcPnt fnr a cimilarlv ratP� inr�Px nf �n-vPar ¢PnPral-nhli
Printable version: Stockton to Take Steps Toward Bankruptcy, City Man... http://www.sfgate.com/cgi-bin/article.cgi?f=/
"Municipal bankruptcy won't just erase all your debt so we are still going to have to make
the budget and on top of those cuts come up with the $2o million extra for legal fees," he ;
A state law backed by unions and passed last year in response to Vallejo's bankruptcy reqi
work with a"neutral evaluator" for at least 6o days before seeking bankruptcy court prote
process is similar to mediation and gives creditors a right to participate. It can be bypasse
declares a fiscal emergency, according to the law.
Entering the 6o-day mediation process could cause a"run on the general fund" by vendor
attorney Lee R. Bogdanoff of Klee, Tuchin, Bogdanoff & Stern LLP, the firm that filed the
municipal U.S. bankruptcy on behalf of Jefferson County, Alabama, said today in a teleph
Suppliers may demand cash on delivery, or require past bills paid immediately before con
business with the city, said Bogdanoff, who is not involved in Stockton's restructuring effc
Since 1937� 635 municipalities have filed for Chapter 9 bankruptcy protection, according 1
head of the bankruptcy practice at Chicago-based law firm Chapman & Cutler. Stockton �
biggest city to do so, he said.
--With assistance from Michelle Kaske in New York, William Selway in Washington, Rom
Philadelphia and Steven Church in Wilmington. Editors: Pete Young, Mark Schoifet
To contact the reporters on this story: Alison Vekshin in San Francisco at avekshin@bloo�
Michael B. Marois in Sacramento at mmarois@bloomberg.net
To contact the editor responsible for this story: William Glasgall at wglasgall@bloomberg
�
S A K E I� S F I E L D
CITY OF BAKERSFIELD
PUBLIC WORKS DEPARTMENT
MEMORANDUM
TO: Alan Tandy, City Manager
FROM: Raul Rojas, Public Works Director
DATE: February 22, 2012
SUBJECT: LIGHT AT PANAMA LANE AND UNION AVENUE
Referral No. 301
COUNCILMEMBER SALAS REQUESTED THAT STAFF REPAIR THE MALFUNCTI
LIGHT ON EASTBOUND PANAMA LANE AT UNION AVENUE.
Staff from Traffic Engineering and General Services Divisions reviewed the opE
the traffic signal at the intersection of Panama Lane and Union Avenue. St
that the signal timing for the signal had malfunctioned. The traffic signal was c
by re-initializing the controller and imputing the correct signal timing.
Paqe 1 of 2
STREETS DIVISION — WORK SCHEDULE
Week of Feb. 27, 2012 — March 2, 2012
Resurfacinq/Reconstructinq streets in the followinq areas:
Reconstructing streets in the area south of Planz Rd and west of Wible Rd (weather
Grind & ResurFace Panorama between Mt. Vernon and Columbus
Miscellaneous Streets Division projects:
Video inspection of City owned Sewer & Storm lines to evaluate condition of pipes
Repairing Curb & Gutters in the area south of Flower and east of Robinson
reconstruction
Crack Sealing on Panorama between Mt. Vernon & Haley (weather permitting)
(CDBG funded area) Installing & Repairing curb, gutter & sidewalks in the area ea:
south of Palm St.
Various concrete repairs in the area south of Wilson Rd and west of Hughes Ln
Various concrete repairs north of University Ave and east of Wenatchee Ave
NOTE: If raining, there will be no street sweeping service and all street cleaning pers
assigned to cleaning plugged drains and part circle culverts.
THIS SPACE INTENTIONALLY LEFT BLANK
Paqe 2 of 2
STREETS SWEEPING SCHEDULE
Monday, Feb. 27, 2012
Between Coffee Rd. & Verdugo Ln. — Brimhall Rd., south to the Kern River boundary.
Cul-De-Sacs, west of Windsong St., between Brimhall Rd. & Thistlewood Ct.
City areas between Rosedale Hwy. & Stockdale Hwy. — Verdugo Ln. to the west City I
Between Jenkins Rd. & Allen Rd. — Stockdale Hwy. & Birkenfeld Ave.
Between Hosking Rd. & Astro Ave. — So. "H" St. & Union Ave.
Tuesday, Feb. 28, 2012
City areas between Olive Dr. & Downing Ave. — Coffee Rd. & Knudsen Dr./Mohawk S
Wy. From Weldon Ave. to Meany Ave.
Between W. Columbus St. & 34t" St. — Chester Ave. & San Dimas St.
Beween Union Ave. & Madison St. — Casa Loma Dr. & White Ln.
Between Westwold Dr. & So. Laurelglen Blvd. — Gosford Rd. & Woodglen Dr.
Wednesday, Feb. 29, 2012
All sweepers are assigned to sweeping streets that are not on a set sweeping schedu
Thursday, March 1, 2012
City areas between Kentucky St. & Quincy St. — Owens St. & Virginia St.
Between Union Ave. & Washington St. — E. Truxtun Ave. & Brundage Ln.
Between Progress Rd. & Old River Rd. — Panama Ln. & Pacheco Rd. (alignment)
City areas between Progress Rd. & Old River Rd. — Meadow Falls Dr. & Rose Creek I
Friday, March 2, 2012
Between Buena Vista Rd. & Allen Rd. — Harris Rd. & Panama Ln.
Between Buena Vista Rd. & Mountain Vista Dr. — Panama Ln. & Birkshire Rd.
Between 178 Hwy. & Paladino Dr. — W. Columbus St. & Morning Dr.