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HomeMy WebLinkAbout1974-08-13CITY OF PALM DESERT ADJOURNED CITY COUNCIL MEETING AUGUST 13, 1974 PALM DESERT MIDDLE SCHOOL I CALL TO ORDER The adjourned meeting of the Palm Desert City Council was called to order by Mayor Clark at 7:00 P.M. on August 13, 1974 at the Palm Desert Middle School. II. PLEDGE III. INVOCATION IV. ROLL CALL Present: Councilman CHUCK ASTON; Councilwoman JEAN BENSON; Councilman NOEL BRUSH; Councilman JIM McPHERSON; Mayor HENRY CLARK Absent: None Others Present: City Manager - Harvey L. Hurlburt City Attorney - Dave Erwin Dir. of Management Services - Bob Flesichman V. BUDGET ORIENTATION Mr. Hurlburt discussed the format of the 1974-75 budget which will be in the hands of the City Council and available to the press on Wednesday, August 14. He recommended that each Council member pay particular attention to his letter of transmittal and to each department budget. The summary of the estimated year end fund balances was presented and indicated that the estimated revenue for the fiscal year will be $1,366,850, including $219,114 in building excise fee. The total general fund revenue will be $848,600 and the esti- mated operating expenditures will be $880,735, thus expenditures exceed income by $32,135. Suggested capital improvements total $444,657 of which $160,000 will be financed entirely by the utility companies. It was moved, seconded and unanimously carried that a Study Session be held at 4:30, Monday, August 19, in the City Hall Conference Room for the purpose of going over the budget in detail. VI. DESERT SOUTHWEST GALLERY Councilman Aston and Mr. Hurlburt reported that the last offer from Desert Southwest Gallery was an asking price of $550,000 on an as -is basis, with this offer expiring August 15, 1974. After considerable discussion it appears there are several ways to finance the purchase, one, lease/purchase - this would be done either by arrangement with the seller or by setting up a separate corporation with the funds to be obtained by the sale of bonds. Some doubt was indicated as to whether redevelopment funds could be used for the purchase of the building. The Mayor requested a feasibility report be made so that an intelligent decision could be reached. In the absence of such a feasibility report, it was moved, seconded and unanimously carried that the owners of the Southwest Gallery be advised that their offer was un- acceptable in its present form. VII. ADJOURNMENT Meeting was adjourned at 8:05 P.M. ATTEST: Mary Paintet -Deputy City Clerk 2 CITY OF PALM DESERT ADJOURNED CITY COUNCIL MEETING AUGUST 13, 1974 PALM DESERT MIDDLE SCHOOL I. CALL TO ORDER The adjourned meeting of the Palm Desert City Council was called to order by Mayor Clark at 7:00 P.M. on August 13, 1974 at the Palm Desert Middle School. II. PLEDGE III. INVOCATION IV. ROLL CALL Present: Councilman CHUCK ASTON; Councilwoman JEAN BENSON' Councilman NOEL BRUSH; Councilman JIM McPHERSON; Mayor HENRY CLARK Absent: None Others Present: City Manager - Harvey L. Hurlburt City Attorney - Dave Erwin Dir. of Management Services - Bob Fleischman V. BUDGET ORIENTATION Mr. Hurlburt discussed the format of the 1974-75 budget which will be in the hands of the City Council and available to the press on Wednesday, August 14. He recommended that each Council member pay particular attention to his letter of transmittal and to each department budget. The summary of the estimated year end fund balances was presented and indicated that the estimated revenue for the fiscal year will be $1,366,850, including $210,000 in building excise fees; year end balances total $420,858, including $219,114 of building excise tax fund monies. The total general fund monies generated in 1974-75 will be $980,806 and the estimated operating and capital expenditures will be $961,735, thus General Fund income will exceed expendi- tures by $19,071. Suggested capital improvements total $444,657 of which $160,000 will be financed entirely by the utility companies. It was moved, seconded and unanimously carried that a Study Session be held at 4:30 P.M. Monday, August 19, in the City Hall Conference Room for the purpose of going over the budget in detail. VI. DESERT SOUTHWEST GALLERY Councilman Aston and Mr. Hurlburt reported that the last offer from Desert Southwest Gallery was an asking price of $550,000 on an as -is basis, with this offer expiring August 15, 1974. After considerable discussion it appears there are several ways to finance the purchase, one, lease/purchase - this would be done either by arrangement with the seller or by setting up a separate corporation with the funds to be obtained by the sale of bonds. Some doubt was indicated as to whether redevelopment funds could be used for the purchase of the building. The Mayor requested a feasibility report be made so that an intelligent decision could be reached. In the absence of such a feasibility report, it was moved and seconded that the owners of the Southwest Gallery be advised that their offer was unacceptable in its present form. Motion carried by the following vote: AYES: Benson; Brush; McPherson; Clark NOES: None ABSTAINED: Aston ATTEST: !� HENRY B. Mary Pain,er-Deputy City Clerk 2