HomeMy WebLinkAbout2016-09-20 Finance Committee Action Minutes
Special Meeting
Tuesday, September 20, 2016
Chairperson Filseth called the meeting to order at 7:02 P.M. in the Community Meeting Room, 250 Hamilton Avenue, Palo Alto, California.
Present: Filseth (Chair), Holman, Schmid, Wolbach
Absent:
Oral Communications
None.
Action Items
Adoption of an Ordinance Updating and Standardizing the Procedure for Collection of Impact Fees by Amending Palo Alto Municipal Code (PAMC) Title 16 (Building Regulations), Chapters
16.45 (Transportation Impact Fee for New Nonresidential Development in the Stanford Research Park/El Camino Real CS Zone), 16.46 (Approval of Projects With Impacts on Traffic in the
San Antonio/West Bayshore Area), 16.47 (Approval of Projects With Impacts on Housing), 16.57 (In-Lieu Parking Fee for new Nonresidential Development in the Commercial Downtown (CD) Zoning
District), 16.58 (Development Impact Fees), 16.59 (Citywide Transportation Impact Fee), 16.60 (Charleston Arastradero Corridor Pedestrian and Bicyclist Safety Impact Fee), 16.61 (Public
Art for Private Developments), 16.64 (Development Fee and In-Lieu Payment Administration), and Title 21 (Subdivisions and Other Divisions of Land), Chapter 21.50 (Parkland Dedication
or Fees In-Lieu Thereof), and Finding the Action Exempt From Review Under the California Environmental Quality Act.
MOTION: Council Member Wolbach moved, seconded by Chair Filseth to recommend the City Council adopt the draft Ordinance which implements the 2015 Parking Funds Audit recommendations
and updates and standardizes collection of impact fees by amending Palo Alto Municipal Code (PAMC) Titles 16, 18 and 21.
MOTION PASSED: 4-0
2. Staff and Utilities Advisory Commission Recommend That the Finance Committee Recommend the City Council Approve the Proposed Low Carbon Fuel Standard Credit Program, Including the
Use of Revenues From the Sale of Low Carbon Fuel Standard Credits.
MOTION: Council Member Wolbach moved, seconded by Council Member Holman to recommend the City Council approve the proposed Low Carbon Fuel Standard (LCFS) program, including the use
of revenues from the sale of LCFS credits.
AMENDMENT: Council Member Schmid moved, seconded by Council Member XX to add to the Motion, “with at least half the revenues going toward rebates for EV buyers.”
AMENDMENT FAILED DUE TO THE LACK OF A SECOND
MOTION PASSED: 4-0
Future Meetings and Agendas
Lalo Perez, Chief Financial Officer, said the Finance Committee has a limited number of future meetings planned. He reviewed the items scheduled for those upcoming meetings. Council
Member Holman asked and Mr. Perez said there are no items currently scheduled for the first meeting in November, however, the 15th of November will be an important night as Staff will
be returning with the Year End Financial Report. Mr. Perez continued to review the schedule and said the plan is to move the Budget Balancing Outline item from November to December
because he is still waiting on updated property tax numbers. Chair Filseth asked and Mr. Perez spoke about the timing of the budget items and when the Long Range Financial Forecast will
be discussed. Mr. Perez said a full Long Range Financial Forecast will not be heard, but Staff will instead be presenting a shortened three year forecast. He acknowledged he heard from
the Committee this evening that an item regarding in-lieu parking fees should also be scheduled.
Adjournment: The meeting was adjourned at 8:46 P.M.
DRAFT ACTION MINUTES
Page 2 of 2
Finance Committee Action Minutes
September 20, 2016
FINANCE COMMITTEE
ACTION MINUTES
Page 1 of 2
Finance Committee Action Minutes
September 20, 2016