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File #: RS-23-080    Version: 1 Name: Appoint members to the Bond Advisory Committee
Type: Resolution Status: Passed
File created: 5/4/2023 In control: City Council
On agenda: 6/13/2023 Final action: 6/13/2023
Title: Consider a memorandum/resolution appointing members to the Bond Advisory Committee.
Sponsors: City Manager Department

Title

 

Consider a memorandum/resolution appointing members to the Bond Advisory Committee.

 

Summary

 

DATE:                     May 9, 2023                     

 

TO:                     Kent Cagle, City Manager                     

 

FROM:                     Danielle Singh, Assistant City Manager                     

 

SUBJECT:                     Appoint Members to the Bond Advisory Committee                     

 

BACKGROUND AND FINDINGS:

 

The City Council directed staff to create the Bond Advisory Committee on March 30, 2023. The committee’s purpose will be to promote bond topics for a possible November election. The City council approved the creation of a nine (9) member committee consisting of eight (8) representatives - one selected by each councilmember and one (1) representative selected collectively by City Council.

 

THE ALTERNATIVES CONSIDERED:

 

1.                     Do not appoint any members at this time.

 

2.                     Appoint members to the Bond Advisory Committee.

 

Which alternative is recommended? Why?

 

Staff recommends City Council make the appointments of the nine (9) member Bond Advisory Committee.  This action conforms to the direction previously provided by the City Council.

 

CONFORMITY TO CITY POLICY:

 

Making these appointments conforms to city policy.

 

FINANCIAL IMPACT:

 

What is the amount of the expenditure in the current fiscal year? For future years?

 

There are no current or future expenditures associated with these appointments.

 

Is this a one-time or recurring expenditure?

 

N/A

 

Is this expenditure budgeted?

 

N/A

 

If not, where will the money come from?

 

N/A

 

Is there a sufficient amount in the budgeted line-item for this expenditure?

 

N/A

 

RECOMMENDATION:

 

Staff recommends City Council make the appointments of the nine (9) member Bond Advisory Committee.

 

DEPARTMENTAL CLEARANCES:

 

Legal

 

ATTACHED SUPPORTING DOCUMENTS: