body,date,text,page,path
FinanceAndManagementCommittee,2012-09-25,"City of Oakland
Office of the City Clerk
Oakland City Hall
1 Frank H. Ogawa Plaza
Meeting Minutes
Oakland, California 94612
CITYTOF
LaTonda Simmons, City Clerk
OAKLAND
*Finance & Management Committee
Oakland City Hall, 1 Frank H. Ogawa Plaza, Oakland, California 94612
City of Oakland Website: http://www.oaklandnet.com
Tuesday, September 25, 2012
12:00 PM
Sgt. Mark Dunakin Room - 1st Floor
Roll Call / Call to Order
Councilmember Present: 4 - Chair De La Fuente, Council President Kernighan,
Member Brooks and Member Brunner
The Oakland City Council Finance and Management Committee convened at
12:03 p.m., with Councilmember Pro Tempore, Ignacio De La Fuente presiding
as Chairperson.
1
Approval of the Draft Minutes from the Committee Meeting held on September 11, 2012
A motion was made by Member Brunner, seconded by Council President
Kernighan, to *Approve as Submitted. The motion carried by the
following vote:
Votes: Councilmember Aye: Member Brooks, Council President Kernighan, Chair De
La Fuente and Member Brunner
2
Determination of Schedule of Outstanding Committee Items
A motion was made by Council President Kernighan, seconded by Member
Brooks, to *Approve with the following amendments. The motion carried
by the following vote:
Votes: Councilmember Aye: Member Brooks, Council President Kernighan, Chair De
La Fuente and Member Brunner
There were small changes to the pending list:
Item #3 - To be removed per Sabrina Landreth.
Item #4 - Sabrina Landreth will check on this item.
Item #5 - Will be removed.
Item #6 - Should be re-scheduled in Rules Committee as a Vacancy Report.
Item #9 - Should be brought to Rules Committee for scheduling.
Item #10 - Should be re-scheduled in Rules Committee on Thursday.
fmc092512
View Report.pdf
City of Oakland
Page 1
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FinanceAndManagementCommittee,2012-09-25,"*Finance & Management
Meeting Minutes
September 25, 2012
Committee
3
Subject:
State and Federal Budget Status
From:
Office Of Budget
Recommendation: Receive An Informational Report Regarding The Status Of The State and
Federal Budget Development And Its Potential Impacts On The City Of Oakland [TITLE
CHANGE]
09-0439-28
A motion was made by Council President Kernighan, seconded by Member
Brooks, that this matter be *Received and Filed. The motion carried by
the following vote:
Votes: Councilmember Aye: Member Brooks, Council President Kernighan, Chair De
La Fuente and Member Brunner
View Report.pdf
4
Subject:
Goldman Sachs Swap Agreement Termination
From:
Finance And Management Agency
Recommendation: Adopt A Resolution Of The City Council Of The City Of Oakland
Authorizing The City Administrator To Negotiate And Terminate The City's Interest Rate
Swap Agreement With Goldman Sachs & Co. To The Extent That The City Is Able To Do So
At A Below Market Value Cost And Not Later Than The End Of The Next Fiscal Year, June
30, 2013
11-0424-1
A motion was made by Council President Kernighan, seconded by Member
Brunner, that this matter be Continued to the *Finance & Management
Committee, due back on November 27, 2012. The motion carried by the
following vote:
Votes: Councilmember Aye: Member Brooks, Council President Kernighan, Chair De
La Fuente and Member Brunner
The Committee provided staff an additional 45-60 days to negotiate and
directed staff to return to the November 27, 2012 Finance and Management
Committee with the results of the negotiations.
There were 6 speakers on this item.
View Report.pdf
View Supplemental Report.pdf
City of Oakland
Page 2
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FinanceAndManagementCommittee,2012-09-25,"*Finance & Management
Meeting Minutes
September 25, 2012
Committee
5
Subject:
Debt And Swap Management Policy
From:
Finance And Management Agency
Recommendation: Adopt A Resolution Amending And Adopting The City Of Oakland's Debt
Management Policy And The Swap Policy, And Requiring Approval Of Swaps By Council On
A Case-By-Case Basis [TITLE CHANGE]
11-0583-1
A motion was made by Member Brunner, seconded by Council President
Kernighan, that this matter be *Approve the Recommendation of Staff,
and Forward to the Meeting of the Oakland City Council, due back on
October 2, 2012 as a consent item. The motion carried by the following
vote:
Votes: Councilmember Aye: Member Brooks, Council President Kernighan, Chair De
La Fuente and Member Brunner
The Committee directed staff to return to the October 16, 2012 City Council
meeting with a resolution that includes a moratorium on swap agreements.
View Report.pdf
View Supplemental Report.pdf
84063 C.M.S. pdf
City of Oakland
Page 3
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FinanceAndManagementCommittee,2012-09-25,"*Finance & Management
Meeting Minutes
September 25, 2012
Committee
6
Subject:
PEG Distribution
From:
Department Of Information Technology
Recommendation: Adopt A Resolution (1) Appropriating $ 1.6 Million For Fiscal Years
2008-2009 And 2009-2010, And Approximately $3.5 Million Total Estimated For Fiscal Years
2012-2013 Through 2016-2017, From Funds Paid By Cable And Video Franchise Holders
Comcast And AT&T, (""PEG Funds""), For The Capital Expenses Of Public, Education, And
Government (""PEG"") Cable Television Channels Operating In The City Of Oakland; (2)
Authorizing Apportionment Of Equal Shares Of The PEG Funds To PEG Channels Of The City
Of Oakland (""KTOP""), Of The Oakland Unified School District (""KDOL""), And Of The
Peralta Community College (""Peralta TV"") For Their PEG Channel Cable And Video
Television Facilities, Subject To Equal Reapportionment In Fiscal Years When There Are
Fewer Or More PEG Channels Operating In Oakland; And (3) Authorizing The City
Administrator To Execute Memoranda Of Understanding To Effectuate The Distribution Of
Said Funds
12-0036
A motion was made by Council President Kernighan, seconded by Member
Brunner, that this matter be *Approve the Recommendation of Staff, and
Forward to the Meeting of the Oakland City Council, due back on October
2, 2012 as a consent item. The motion carried by the following vote:
Votes: Councilmember Aye: Member Brooks, Council President Kernighan, Chair De
La Fuente and Member Brunner
The Committee directed staff to place this item on the pending list and schedule
the following at a future meeting of the Rules and Legislation Committee:
1. A report on PEG allocations and an allocation plan for those funds
2. A full report on KTOP operations which includes information on PEG and
staffing.
There were 6 speakers on this item.
View Report.pdf
View Supplemental Report.pdf
84050 C.M.S.pdf
City of Oakland
Page 4
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FinanceAndManagementCommittee,2012-09-25,"*Finance & Management
Meeting Minutes
September 25, 2012
Committee
7
Subject:
Municipal Identification Agreement
From:
Office Of The City Administrator
Recommendation: Adopt The Following Pieces Of Legislation:
1) A City Resolution Authorizing The City Administrator To Execute A Licensing Agreement
With SF Global To Provide Official City Of Oakland Municipal Identification And Debit Cards
To Oakland Residents; And
12-0039
A motion was made by Member Brunner, seconded by Chair De La
Fuente, that this matter be *Approve the Recommendation of Staff, and
Forward to the Meeting of the Oakland City Council, due back on October
2, 2012 as a non-consent item. The motion carried by the following vote:
Votes: Councilmember Aye: Member Brooks, Council President Kernighan, Chair De
La Fuente and Member Brunner
There were no speakers on this item.
View Report.pdf
View Supplemental Report.pdf
84056 C.M.S.pdf
2) An Ordinance Amending Ordinance No. 13078 C.M.S., The Master Fee Schedule, As
Amended, To Establish Or Modify Fees Assessed By The Office Of The City Administrator To
Establish A Municipal Identification Application Fee For Identifications Issued Pursuant To
Chapter 2.34
12-0039-2
A motion was made by Member Brunner, seconded by Chair De La
Fuente, that this matter be *Approve the Recommendation of Staff, and
Forward to the Meeting of the Oakland City Council, due back on October
2, 2012 as a non-consent item. The motion carried by the following vote:
Votes: Councilmember Aye: Member Brooks, Council President Kernighan, Chair De
La Fuente and Member Brunner
View Report.pdf
13135 C.M.S..pdf
3) An Ordinance, Amending Ordinance No. 12079. Authorizing The City Administrator To
Negotiate And Execute A Lease In The Dalziel Building For The Implementation Of The
Municipal Identification And Debit Card Program At A Reduced Monthly Rent
12 0039 1
View Report.pdf
Open Forum (TOTAL TIME AVAILABLE: 15 MINUTES)
There was one speaker during Open Forum
Adjournment
There being no futher business, and upon the motion duly made, the Oakland
City Council Finance and Management Committee adjourned the meeting at
2:00 p.m.
City of Oakland
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FinanceAndManagementCommittee,2012-09-25,"*Finance & Management
Meeting Minutes
September 25, 2012
Committee
In the event of a quorum of the City Council participates on this Committee, the meeting is
noticed as a Special Meeting of the City Council; however no final City Council action can
be taken.
NOTE:
Americans With Disabilities Act
If you need special assistance to participate in Oakland City Council and Committee meetings
please contact the Office of the City Clerk. When possible, please notify the City Clerk 48
hours prior to the meeting so we can make reasonable arrangements to ensure accessibility.
Also, in compliance with Oakland's policy for people with environmental illness or multiple
chemical sensitivities, please refrain from wearing strongly scented products to meetings.
Office of the City Clerk - Agenda Management Unit
Phone: (510) 238-6406
Fax:
(510) 238-6699
Recorded Agenda: (510) 238-2386
Telecommunications Display Device: (510)238-3254
TTD
City Clerk and Clerk of the Council
City of Oakland
Page 6
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