1998-11-23 Regular and Workshop Meeting of City Council

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!QUEST FOR CITY COUNCIL AGENITEM C'- 0" ~.. "V' ....,.., ',"" "0' ," ," . . .. .", -.. . ~: : o. .. .", . '. "": .. . .' , '. l,", h_ .; ,. '.. ". ,. ". ..1...' . . ". ".r- ., . ... ... i: ~.~,~;; "0:-;.. (: ....~ :;:. AGENDA DATE November 23.1998 REQUESTED BY Jeff Litchfield. Finance Director/ACM _ REPORT; _ RESOLUTION; -1QL ORDINANCE; At the October 26th City Council Meeting, the Council passed a resolution calling for an election to occur on January 16, 1999. There were two main points to be considered in the election. First, the approval to issue General Obligation Bonds in the amount of $3,925,000 to support five propositions, which are: Proposition 1 - $1,500,000 for an addition to City Hall, Proposition 2 - $750,000 for the replacement of Fire Station Four, Proposition 3 - $750,000 for the replacement of Fire Station Three, Proposition 4 - $675,000 for the repaving of Fifth Street, and Proposition 5 - $250,000 for the replacement of the San Jacinto Swimming Pool. The second item to be considered in the election is the approval of a Section 4B % Cent Sales Tax to be used for general infrastructure improvements. The first two improvements expected to be completed with the new tax are the public library and the completion of Bay Area Boulevard between Fainnont and Spencer. Tonight, staff is asking 1hat you approve the ordinances that call the election. ACTION REQUIRED BY COUNCIL: Approve this ordinance which calls the January 16, 1999 election for the consideration of a Section 48 % Cent Sales Tax. In addition, approve the next ordinance, which relates to the General Obligation Bond Election to be held on the same date. FUND N/A ACCT NUM: FUNDS AVAILABLE: CITY COUNCIL AGENDA "L~ T . HERRERA, CITY MANAGER ~~ \ ~ ~ 0' DA E