03/20/1967 - Laserfiche WebLink

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9. .Report of.City.. Treasurer. Mr. Arthur. S. Alter, Treasurer„ answered. questions relative to the February Finan- cial Report. The City Manager pointed out an error (typographical) in the amount of the total budget on page 4. This error was corrected on the file copy of the report. The Treasurer discussed the Reserve Fund, explaining the reasons for the decrease in the amount. He pointed out the necessity of the Budget reflecting more accurate- ly the expenditures and revenues. 10. Report'. of City Manager. Mr. Morse read letter of March y, 1967 from Robert C. Stephens, City Manager of the City of Campbell, relative to Assembly Bill 140, passed in the1965Legislature, said bill authorizing the County Treasurer, at the direction of the Board of Supervisors, to pay a General Law City costs and penalties on delinquent taxes. A draft of a resolution was forwarded for consideration. The Manager stated the resolution would be presented under RESOLUTIONS. Relative to the Employees' Retirement System, the Manager stated he had received the Actuarial Study from the State Retirement System which the Council had ordered. He advised the Council that the next step is the adoption of a resolution of intent. (� The Mayor instructed the Manager to obtain the resolution draft from the State. J Resolution No. 21930, of. the City of Campbell, expressing the Council's opinion on the proposal of the County Public Works Department for,financing-Phase.II of the Santa Clara County Expressway System. The plan would call for a TER DOLLAR ($10.00) Use Tax for users, rather than a bond election. The proposed plan was discussed. Mr. Morse was instructed to schedule the Resolution for consideration at the next meeting. Comments relative to the proposed surtax were heard from the Mayor and Councilman Aiken. It was pointed out that the vote of the Council would be only to support. or to. oppose the legislation to be voted on by the State Legislature. Mr. Morse reported the first issue of his report will be published in the Town ,Crier on March 29, 1967. The Manager announced he would like to attend a Seminar at University of Santa Clara. He stated he is not requesting the Town to pay the expense, but would like .approval to have time off to attend. The Council, concurring, granted the request. PRESENTATIONS FROM THE FLOOR! 1. Mr. Walter A. Benson, requested clarification, from the City Manager, of his state- ment that 'This Town will be sewered within ten (10) years." Mayor Henley commented relative to a Staff member being questioned during a Council Meeting, but stated he would allow Mr. Morse to answer Mr. Benson's question. UMr. Morse confirmed the statement"that in his opinion there will be sewers in Los Altos Hills within five to ten years; that this opinion is based upon the present trend of the regulations imposed by the State Water quality Board and the County Health Department; that the regulations will become even more -strict --within the next -5-