Loading...
HomeMy WebLinkAbout12/08/1997 BAKERSFIELD ~~-~ ~ Randy Rowles, Chair a~! d y, ~'f"t~Ma n a/g"e r Irma Carson rnell Haynes Kevin McDermott AGENDA SUMMARY REPORT BUDGET AND FINANCE COMMITTEE Monday, December 8, 1997 12:15 p.m. City Manager's Conference Room 1. ROLL CALL Call to Order at 12:26 p.m. Present: Councilmembers: Randy Rowles, Chair; Irma Carson; and Kevin McDermott 2. APPROVAL OF SEPTEMBER 23, 1997 SPECIAL MEETING MINUTES Approved as submitted. 3. PRESENTATIONS None 4. PUBLIC STATEMENTS None 5. DEFERRED BUSINESS A. COST RECOVERY SYSTEM Staff presented to the Committee a proposal to revise and streamline the current cost recovery fee calculation process. The proposal would streamline the current process by reducing the number of overhead rates, fringe benefit rates, and fee categories. The proposed system would also remove from the ordinance the established recovery rates and allow for cost-of-living and market sensitivity adjustments to be considered. FILE COPY' AGENDA SUMMARY REPORT BUDGET AND FINANCE COMMITTEE Monday, December 8, 1997 Page -2- The Committee directed staff to provide them with a representative sample of fees comparing calculations and revenue impacts utilizing the existing methodology versus the proposed methodology. Also, the committee chairman requested staff provide a brief narrative describing how fees would be prepared with the proposed methodology. B. ESTABLISHMENT OF NEW REDEVELOPMENT AREAS The Economic and Community Development Director gave a presentation to the Committee regarding alternatives for establishing two new redevelopment project areas. Alternative (A) involved establishing the two project areas simultaneously or "parallel," and Alternative (B) was based on establishing the project areas on a phased or "staggered" basis. Discussion regarding available funding of the proposed project areas ensued. A representative of the Association of Old Town Kern spoke in support of establishing the new redevelopment project areas. Committee member Carson spoke in support of establishing the redevelopment areas utilizing the parallel approach. For the January 5, 1998 Committee meeting, staffwas directed to prepare general policy guidelines on how the redevelopment project areas would operate, prepare a time line for implementation of the new project areas, review the underlying assumptions included in the presentation and brief the CDDA on the alternatives. The Committee requested a meeting in January with a CDDA Ad Hoc Committee on this issue to receive input. Once the requested information is provided, the Committee will make an evaluation of the next steps to be taken in this process. 6. NEW BUSINESS A. 1998 PROPOSED MEETING CALENDAR The proposed meeting calendar was adopted. 7. ADJOURNMENT The meeting was adjourned at 1:26 p.m. cc: Honorable Mayor and City Council DWH:jp