HomeMy WebLinkAbout05-12-1987 City Council Minutes SARATOGA CITY COUNCIL
MINUTES
TIME: Tuesday, May 12, 1987 - 7:30 p.m.
PLACE: Community Center, 19655 Allendale Avenue
TYPE: Adjourned Regular Meeting
Joint City Council-Finance ~-~.-:ttee M~eting
Present: Councilmembers Anderson, Meyles, Peterson and Mayor Hlava
Finance CohmltteeMembers D3ve DeCarion, Cbristie Jameson, Bob Weiss
CityManager Peacock
Finance Director Shriver
The meetingwas called to order at 7:40 p.m.
1. Review of Development Proposals
There was significant discussion regarding the designs proposed for development
of the City property at Cox Avenue and Saratoga-Sunnyvale Road. Proposals were
submitted by the following developers: Barry Swenson, Schneider for
Imwalle/Stegner & Eldred Kunkel Associates, Lyang Associates for Trico
Development Co.,Hulberg, Gilbeau and Hirschman, the Hudson Companies and _-
Rodriquez Associates for Biagini Properties.
The Counci'l adjourned to closed session with the Committee to discuss the
financial offers made by the various developors at 8:20 p.m.
The CoLmcil reconvened from closed session at 9:25 p.m. and directed the City
Manager to begin preliminary negotiations with Hulberg,' Gilbeau and Hirschman
based on their proposal. The Council requested that the number of townhomes be
reduced from a proposed 13 to no more than 10 with a total square footage of no
more than 25,000 square feet. The Finance Committee was asked to evaluate the
pros and cons of a sale contract for the commercial portion of the project. It
was agreed that the 60-day time period for negotiation of the agreement for
development would start following agreement in concept over the modified
proposal. If negotiations are not successful, another developer will be
chosen.
2. Role and Function of the Finance Advisory C~nnittee
It was agreed to amend Resolution No. 1101.2 by deleting review of the City's
annual audits and annual budgets. It was suggested that the role of the
Committee was to assist the Council on an ad hoc basis in such areas as
choosing the city's independent auditor, providing advice on general financial
management and plarming, on facilities development and planning, on resource
development and such other related areas of the Commttee's expertise as the
Council may assign. The Council directed that an appropriate amendment to
Resolution No. 1101.2 be prepared for Council action at its next regular
meeting.
There being no further business, the maetingwas adjourned at 9:45 p.m.
Respectfully sul~nitted,
eacock