City Money: $3.5 M Excess Revenue: Transfers, Year End Appropriations, Tennis Courts Fundraising, Rejection of Corp. Yard Solar Project Bids: Nov. 19
Street paving, tennis courts, budget actions –
November 19, 2018 – the Piedmont City Council staff reports are linked below.
11/19/18 – Approval of Agreements Related to the Repair of Cavendish Lane.
“Cavendish Lane is a street which extends west from Park Boulevard and is located immediately south of Trestle Glen Road. It is approximately 1/10th of a mile in length, ending in a cul-de-sac. Cavendish Lane and its right-of-way are located within, owned, and maintained by the City of Oakland. The cul-de-sac is located at the extreme west end of the street and serves four homes located within the city of Piedmont. The only access to these four Piedmont homes is via Cavendish Lane.”
a. Reimbursement and Indemnification Agreement with the City of Oakland
b. Agreement with Coastland Civil Engineers for Project Specific Engineering
11/19/18 – Consideration of FY 2017-18 Year-End Appropriations and Carryforwards Street paving
11/19/18 – Consideration of FY 2017-18 Year End Fund Transfers
“In FY 2017-18, conservative budgeting combined with favorable revenue trends resulted in net income of approximately $3.5 million in the General Fund. Specific revenue categories that exceeded budget and accounted for the majority of net revenue include real property transfer tax (+ $1,045 K); secured property tax (+ $484 K); supplemental property tax (+294 K); mutual aid revenue for wildfire assistance (+$480 K); and recreation revenue (+ $232 K).”
