Loading...
HomeMy WebLinkAbout2015-12-14 FEDTCITY OF SANTA ANA CITY COUNCIL COMMITTEE ON FINANCE, ECONOMIC DEVELOPMENT, & TECHNOLOGY SPECIAL MEETING MINUTES DECEMBER 14, 2015 CALL TO ORDER: City Hall 20 Civic Center Plaza, Room 1600 Santa Ana, CA 5:34 p.m. ATTENDANCE: Council Committee members: Michele Martinez, Chairperson Vincent Sarmiento, Vice -Chairperson Vacant, Committee Member #3 MEMBERS ABSENT STAFF PRESENT: GUESTS PRESENT: PUBLIC COMMENTS None AGENDA DISCUSSION ITEMS None Francisco Gutierrez, FMSA Sergio Vidal, FMSA Teresa Ramirez, FMSA Bich Ta, FMSA Sarah Ro, FMSA Robert Cortez, CMO Kelly Reenders, CDA Marc Morley, CDA Victor Negrete, CDA Jorge Garcia, CMO Rochelle Mils, Innovative Hsg Opportunities; Peter Katz, Com - Link 1. Approval of Minutes from the November 9, 2015 Regular Meeting. MOTION: Sarmiento SECOND: Martinez VOTE: AYES: Martinez, Sarmiento (2) NOES: None (0) ABSENT: None (0) December 14, 2015 1 Finance, Economic Development, & Technology Minutes 2. Discussion on Inclusionary Housing Fund Policy (Strategic Plan No. 5, 3b) - (CDA) Kelly Reenders, Executive Director of Community Development Agency, provided presentation on Inclusionary Housing Funds Procedures. Housing Opportunity Ordinance establishes separate fund administered by Executive Director to implement purposes of the Inclusionary Housing Fund consistent with requirements of the Housing Opportunity Ordinance and any adopted budget of the City. Option One: Request for Proposal (RFP) from qualified firms for projects. Option Two: Developer Initiated Request for In -Lieu Payment. Vice -Chairperson Sarmiento: Recommends amendment to Option Two process: Change the term to 30 days prior to council taking position on adoption of original underlying project. That would be more true to the process, help it to be clear, and would retain council intent. Chairperson Martinez has been on vacation and did not have a chance to review documents. Not comfortable moving forward on anything. Will review inclusionary item in more detail and will email questions to Kelly Reenders and have conversation with City Manager. Chairperson Martinez accepts friendly amendment. Vice -Chairperson Sarmiento moves item forward. So moved, by Chairperson Martinez. 3. Discussion on Placemaking Program Recommendations (Strategic Plan No. 3, 4a) - (CDA) Victor Negrete, Downtown Development Liaison, reviewed three process options presented at November 9, 2015 on how to implement program: 1) Traditional Budget Process; 2) Participatory Budgeting; 3) Hybrid of matching grant program / crowd funding. Since then has met with staff, Latino Health Access (LHA), and City of Long Beach to discuss program experiences. Long Beach program took 10 months to complete with double funding allowance and expenses. LHA has sent email to City with their recommendations on Placemaking Program. Chairperson Martinez does not want process made too complicated. Would like to see $1,000 to $1,500 projects that show immediate results that will engage community and benefit the local residents. Small creative projects that will be noticed and there is ownership with participation of residents and schools. Get back to committee with information and ideas on use of limited funds to get going without being too complicated. December 14, 2015 1 Finance, Economic Development, & Technology Minutes Vice -Chairperson Sarmiento would like staff to present simple basic path to take with limited funds. Possibly a display of traveling monuments from artists in Mexico, in certain area would be a good intro to placemaking for community. 4. Update on Fiscal Year 2014-2015 Audit (Strategic Plan No. 4, 1c) — (FMSA) Francisco Gutierrez, Executive Director, stated FY 2014-15 Comprehensive Annual Financial Report (CAFR) has been completed. He available for any questions or additional information needed from this complicated report. This report shows the City's current position. Sergio Vidal, Assistant Director of Finance, provided power point presentation with audit results, financial statement results, and pension/OPEB (Other Post Employment Benefits) liabilities. Kathy Lai, CPA from Macias Gini O'Connell, provided power point presentation on audit responsibilities, deliverables, and required communications. Unmodified audit opinion is best opinion, there were no findings. New change for investments is Super National Coupon which City may consider for next report, currently not applicable. Single audit on federal grants (CDBG, Section 8, Housing Opportunity, Workforce Investment, & Homeland Security) to be completed by January 2016. With regard to pensions, Council should encourage management team to work with actuaries to assure City management assumptions are used on estimates in reports. Upcoming accounting and auditing standards were also reviewed and discussed. Chairperson Martinez thankful for all the hard work and is looking for long term stability for City. Internal and external controls very important; keep process in place to continue improvements. Audit reports help educate so sound decisions can be made. Vice -chair Sarmiento would also like us to scrutinize effectively and be careful and judicious in the way we review. Executive Director Francisco Gutierrez appreciates comments and reviews them regularly with staff. ITEMS MOVED TO NEXT COMMITTEE MEETING None PUBLIC COMMENTS: None December 14, 2015 1 Finance, Economic Development, & Technology Minutes STAFF MEMBER COMMENTS: Executive Director Francisco Gutierrez: acknowledgement to retiring Accounting Manager, Bich Ta, for 36 years of service to City and is responsible for many of the awards received. COMMITTEE MEMBER COMMENTS: Item to agendize: ProcureAmerica — what are savings? Changes, savings, what do we do with dollar savings? Adjournment — 7:33 p.m. Next regularly scheduled meeting is Monday, January 11, 2016. Teresa Ramirez, CAP4M Recording/Secreta r , CDA c December 14, 2015 1 Finance, Economic Development, & Technology Minutes