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HomeMy WebLinkAbout03/10/1997 BAKERSFIELD Randy Rowles, Chair ~ It ~ffr~..T ;~odl oY,r ?si tTY Irma Carson Kevin McDermott AGENDA SUMMARY REPORT BUDGET AND FINANCE COMMITTEE Monday, March 10, 1997 12:15 p.m. City Manager's Conference Room 1. ROLL CALL Call to Order at 12:30 p.m. Present: Councilmembers: Randy Rowles, Chair; Irma Carson; and Kevin McDermott 2. APPROVAL OF THE FEBRUARY 3, 1997 MINUTES Approved as submitted. 3. PRESENTATIONS None 4. PUBLIC STATEMENTS None 5. DEFERRED BUSINESS None APPROVED AS SUBYtITTED APRIL 16, 1997 FILE C[ P¥ AGENDA SUMMARY REPORT BUDGET AND FINANCE COMMITTEE Monday, March 10, 1997 Page -2- 6. NEW BUSINESS A. POLICY ON INSTALLATION OF CURB AND GUTTER The City has not been recovering the associated administrative costs on the tax rolls for curb and gutter construction requested by residents. Staff proposed that the City begin charging an 8% administrative fee to cover the costs of design and administration. The Committee questioned potential revenue generation and the impact the charge would have. Staff will conduct more research including contacting other cities and present a revised proposal at the next Committee meeting. B. REQUEST FOR ASSISTANCE FROM KERN-TECH Kern-Tech is a tool and die fabricator which started in Bakersfield in 1995 and serves customers primarily in the aerospace industry. Kern-Tech is proposing to add 18 new jobs within a 48-month period. The Committee was in favor of the proposed economic development assistance and commended the company for its commitment to fully repay the $170,000 interest free loan over a 5-year period. The Committee recommended City Council approval. C. PROPOSED FY 1997-98 CDBG/HOME CONSOLIDATED PLAN Staff presented written information, which is attached, on the proposed FY 97-98 Consolidated Plan which details the projects recommended for funding from CDBG, HOME and ESG Funds. Several agency representatives spoke on behalf of their proposals. The Committee recommended City Council approval for the CDBG and ESG funding proposal and recommended, with Councilmember Rowles abstaining due to a conflict of interest, the funding proposal for HOME funds. Staff will also forward to Council a CDBG amendment in the amount of $340,000. 7. ADJOURNMENT The meeting was adjourned at 1:30 p.m. cc: Honorable Mayor and City Council DBT:jp