HomeMy WebLinkAboutRESO 9644RESOLUTION 9644 OF THE COUNCIL OF THE
CITY OF PALO ALTO EXPRESSING APPRECIATION
TO JOSEPH SACCIO UPON HIS RETIREMENT
WHEREAS, Joseph Saccio has conscientiously served the citizens, City Council and City
departments of Palo Alto for over 24 years; and
WHEREAS, Joe spent his time at the City working in Finance and oversaw Treasury functions
including banking services, cash management, investments, and debt financing; and
WHEREAS, Joseph Saccio ensured that nearly $500 million in cash and investments
were managed carefully to safeguard the preservation of principal, sufficient liquidity, and to obtain
a sound, secure rate of return; and
WHEREAS, Joe worked on debt financing of numerous capital projects such as the Mitchell
Park, Main and Downtown Libraries, the Mitchell Park Community Center, two University Avenue
parking garages, the Wastewater Treatment facility improvements, and an underground 2.5 million
gallon reservoir for emergency water demands; and
WHEREAS, Joe has worked extensivel orecasts,
projected and monitored tax revenues, and produced capital budgets; and
WHEREAS, Joe has worked on a wide variety of City projects including the Airport, Fiber to
the Home, numerous Infrastructure Plans, labor negotiations, and he supported three Blue Ribbon
Committees; and
WHEREAS, Joe has successfully managed Revenue Collections, the Warehouses, Printing &
Mailing, and Middle Office Energy Risk Management Operations; and
WHEREAS, Joseph Saccio created a productive, cohesive, and loyal team that, under his
leadership, worked independently, creatively solved problems, and expressed their views directly
and honestly; and
WHEREAS, Joseph Saccio conducted his 24 years of public service with fairness,
professionalism and high standards.
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NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Palo Alto,
hereby gratefully records and extends its sincere appreciation and the appreciation of the
community to Joseph Saccio for 24 years of faithful and excellent service rendered to the City.
INTRODUCED AND PASSED: December 5, 2016
AYES: BURT, DUBOIS, FILSETH, HOLMAN, KNISS, SCHARFF, SCHMID,
WOLBACH
NOES:
ABSENT:
ABSTENTIONS:
ATTEST: APPROVED:
City Clerk Mayor
APPROVED AS TO FORM:
City Attorney City Manager
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