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HomeMy WebLinkAbout2022-03-01 Finance Committee Action MinutesFINANCE COMMITTEE ACTION MINUTES Page 1 of 1 Special Meeting March 1, 2022 The Finance Committee of the City of Palo Alto met on this date in hybrid teleconference at 5:30 P.M. Present: Kou, DuBois (Chair), Filseth Absent: None Agenda Items 1. Review the Business Registry Certificate and Business Improvement District FY 2023 Processes and recommendation to City Council on the Renewal Processes MOTION: Council Member DuBois moved, seconded by Vice Mayor Kou for the Finance Committee to recommend that the City Council: A. BRC Option 1 – Proceed with the historic and routine structure and timeline for the BRC with no changes for FY 2023. MOTION PASSED: 3-0 MOTION: Council Member Filseth moved, seconded by Vice Mayor Kou for the Finance Committee to recommend that the City Council: A. BID Option 2 – to pause in FY 2023, with anticipation of program resumption in FY 2024, work with the Chamber and PADBPA on the transfer of BID management MOTION PASSED: 3-0 Future Meetings and Agendas Adjournment: The meeting was adjourned at 6:27 P.M.