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HomeMy WebLinkAbout08.27.2020 Finance Committee Minutes CITY OF SARATOGA ACTION MINUTES COUNCIL FINANCE COMMITTEE AUGUST 27, 2020 TIME 1:00 p.m. LOCATION Linda Callon Administration Conference Room Saratoga City Hall 13777 Fruitvale Avenue Saratoga, CA 95070 PRESENT Council Members: Miller, Bernald ALSO PRESENT Staff Members: Lindsay, Furey, Jaw, Bothelio, G. Scott, T. Scott, Salindong, Alvarez 1. APPROVAL OF PRIOR FINANCE COMMITTEE MEETING MINUTES A. July 23, 2020 Meeting Minutes – approved 2. ORAL & WRITTEN COMMUNICATIONS A. None 3. OLD BUSINESS A. None 4. NEW BUSINESS A. Electric Vehicle Charging Station Review • Action Item – Finance Committee recommends staff prepare an Electric Vehicle Charging Station policy consistent with the actions recommended in the draft Climate Action Plan and bring to Council with Climate Action Plan report in November 2020. B. CARES Act Funding • Action Item – Staff to submit the first CARES Act report to the State with approved Financial Assistance amounts, and the remainder assigned to City costs for now pending future direction from Council. • Action Item - Staff to bring Business License six month extension program plan to City Council for consideration. C. CalPERS Assessed Valuation Reports • Action Item – none. Finance Committee recommends City stays the course with the $1 million per year payment. D. Next Finance Committee meeting date • Scheduled for September 24, 2020 at 1:00 pm 5. ADJOURNMENT