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HomeMy WebLinkAbout2010-07-07 Finance and Safety MinutesFINANCE AND SAFETY COMMITTEE Meeting Minutes July 7, 2010 5:00 p.m.; Conference Room #3 **Wednesday meeting due to holiday PRESENT Councilmembers: De' Sean Quinn, Chair; and Dennis Robertson (for Kathy Hougardy) Absent: Allan Ekberg Staff: Shawn Hunstock, Peggy McCarthy, Dave Haynes, Tami Erble Harris, Nick Olivas, Bob Benedicto, Marty Grisham, Gail Labanara, Bob Giberson, Hillman Mitchell, Jack Pace, Steve Lancaster and Kimberly Matej Guests: Mary Hulvey CALL TO ORDER: Chair Quinn called the meeting to order at 5:01 p.m. I. PRESENTATIONS No presentations. City of Tukwila Finance and Safety Committee II. BUSINESS AGENDA A. Bond Ordinance for Southcenter Parkway Extension This item was originally heard by the Finance Safety Committee on June 7, 2010. At that time, Committee members had some clarifying questions for staff and requested the item return to Committee for further discussion, unless grant fund processing was time sensitive. Staff is seeking approval of an ordinance providing for the issuance of new bonds in the amount of $6 million, and authorization for the execution of a continuing disclosure agreement for such. The information memo in the Committee agenda packet addressed prior Committee inquiries (see Committee minutes dated June 7, 2010). Council President Robertson expressed concern over the City's current economic situation and the cost of items being requested in the draft bond ordinance (outside of Southcenter Parkway improvements). He acknowledged the need for these emergency preparedness items; however, he was concerned this may not be the best way to finance these items. Committee Chair Quinn shared his concerns with the emergency preparedness items, which included: 1) the City's ability to pay for these items in the short-term in comparison to the need; and 2) how the Police Department will secure matching grant funds for the mobile command unit if the items are not included in the draft bond ordinance. Staff answered questions and provided clarity on emergency preparedness items as outlined in the Emergency Preparedness Capital Asset List included in the Committee agenda packet. The items are essential to maintaining continuity of internal and external operations during and emergency. Failure of current equipment, not replaced through the bond, could be catastrophic. After a lengthy discussion, the two Committee Members agreed to forward this item to Council for discussion, recommending that the draft bond ordinance be approved as is, including the purchase of the emergency preparedness items. UNANIMOUS APPROVAL. FORWARD TO JULY 12 COW FOR DISCUSSION. B. Resolution: Establishing a Seattle Southside Visitor Center Change Fund Staff is seeking full Council approval of a resolution that will establish a change fund in the amount of $100.00 for Seattle Southside Visitor Center. The addition of the change fund is needed for cash transactions related to customer purchases such as admission tickets and transportation. The change fund will increase operational efficiency and improve customer service for the Center. This will require the repeal of Resolution No. 1676. UNANIMOUS APPROVAL. FORWARD TO JULY 12 COW FOR DISCUSSION. Finance Safety Committee Minutes July 7, 2010 Page 2 C. Ordinance: Admissions and Entertainment Tax Staff is seeking Council approval of a draft ordinance amending the Tukwila Municipal Code section relating to Admissions Tax. Language in the current ordinance makes application of the Admissions Tax difficult, as application to certain businesses is unclear and inconsistent. The draft ordinance clarifies and expands the applicability of the Tax to other businesses. The Committee requested staff provide additional information and return to Committee prior to this item moving forward to Council: In consideration of the definition and applicability of Admissions Tax, do surrounding jurisdictions' use a definition as broad as the draft being proposed? Provide a list of businesses that are anticipated to be impacted by this new application of Admissions Tax. RETURN TO FUTURE FINANCE SAFTEY COMMITTEE WITH REQUESTED INFORMATION. D. Sales Tax Report Shawn Hunstock reviewed sales tax revenue through April 2010. Unfortunately, receipts continue to decline, with April numbers falling 32% below budget estimates and $120,000 below actual receipts for the same month last year. INFORMATION ONLY. III. MISCELLANEOUS Meeting adjourned at 5:53 p.m. Next meeting: Tuesday, July 20, 2010 5:00 p.m. Conference Room #3 Committee Chair Approval Minutes by KAM. Reviewed by SH