06-07-2011 - Special City Council Minutes of May 3, 2011Regular - smin 05.09.11.CC (2).docM I N U T E S
SPECIAL MEETING OF THE
WEST COVINA CITY COUNCIL
May 9, 2011
Mayor Herfert called to order the special meeting of the West Covina City Council at 6:00 p.m. in the City Hall Council Chambers, 1444 W. Garvey Avenue, West Covina.
ROLL CALL Mayor Herfert
Councilmembers Armbrust, Lane, Touhey
Absent: Councilmember Sanderson
PUBLIC COMMENT ON ITEMS ON THE AGENDA None
OPEN SESSION
1) Finance Department
Tax Revenue Anticipation Notes California Communities Tax Revenue Anticipation Notes
Finance Director Thomas Bachman presented a brief report explaining the need to enter into the same Cash Flow Financing Program that the City used last year – short-term tax revenue
anticipation notes - the least costly and most efficient way in which to provide cash flow to finance ongoing operations such as payroll as well as utility and other expenditures.
Mayor Pro Tem Touhey commented that he would like the City to form its own pool of reserves with neighboring cities for next year.
Motion Motion by Touhey and seconded by Armbrust to approve the TRANS bond issue and adopt the following resolution:
Resolution No. 2011-26 RESOLUTION NO. 2011-26 – A RESOLUTION AUTHORIZING AND APPROVING THE BORROWING OF FUNDS FOR FISCAL YEAR 2011-2012; THE ISSUANCE AND SALE OF A 2011-2012 TAX AND
REVENUE ANTICIPATION NOTE THEREFOR AND PARTICIPATION IN THE CALIFORNIA COMMUNITIES CASH FLOW FINANCING PROGRAM
Action on Motion Motion carried by 4 – 0.
Recess Motion by Touhey and seconded by Herfert to recess the meeting at 6:04 p.m. to relocate to the City Manager’s Conference Room to conduct the following closed session discussion.
CLOSED SESSION Mayor Herfert reconvened the City Council meeting at 6:09 p.m. in the City Manager’s Conference Room with all members present with the exception of Councilmember Sanderson
to discuss the following matters:
2) CONFERENCE WITH LABOR NEGOTIATORS
Pursuant to Government Code § 54957.6
City Negotiators: Pasmant, Bachman
Employee Organizations
- Confidential Employees - General Employees
- Maintenance & Crafts Employees - Mid-Management
- Non-Sworn Safety Support Employees Employees
- W.C. Police Officers’ Association
- W.C. Police Management Association - WC Firefighters’
- W.C. Firefighters’ Association, I.A.F.F., Management Assoc.
Local 3226
City Negotiator: Pasmant
Miscellaneous Unrepresented Management Employees, including
-Assistant City Clerk -Fire Chief
-Assistant City Manager -Director of Human
-Community Development Resources
Commission Director -Planning Director
-Community Services Director -Police Chief
-Deputy City Manager -Public Works
- Finance Director Director/City
- Director of Risk Management City Engineer
ADJOURNMENT Mayor Herfert adjourned the meeting at 7:10 p.m.
Submitted by
Assistant City Clerk Susan Rush
Mayor Steve Herfert