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that Bernal Community Park Phase 2 is not included in this CIP but assured the Council that the project is fully funded. Mr. Bocian reviewed several of the various CIP reserves. He discussed CIPR, which is a general capital reserve funded primarily through General Fund and public facilities fee revenues that the Council can use to approve projects throughout the year. The CIPR opens with a reserve fund balance of approximately $1.6 million and is projected to increase by $14 million over the next 4 years. As these monies come in over the next several years, staff and the Council will be able to discuss how to program it to help address any of the projects not included in this CIP. He discussed the Civic Center Project Reserve, which has a fund balance of $1.9 million. He explained that task force level work is about to begin on the project and staff does not anticipate any additional funding during the current CIP. Lastly, he discussed the Community Park Improvement and Acquisition Reserve. The beginning balance of $1.6 million is expected to increase by $10.5 in anticipated in -lieu park dedication fees and, as with the CIPR, staff will return with specific projects for the Council's consideration as these funds materialize. Mr. Bocian reminded the Council of Mr. Fialho's earlier comments regarding the Auf der Mauer development revenues, noting that there is no need to program those funds at this time but that the Council had specifically requested the opportunity to contemplate that as part of this CIP. Councilmember Narum said she would like to wait until the Auf der Mauer funds are closer to materializing so that the programming can be better aligned with the community's then current needs. Vice Mayor Brown concurred. Councilmember Olson concurred as well and said he still felt strongly that the intent of these funds was to be directed towards lower- income housing. Councilmember Pentin agreed. He said he voted "no" on the previous appropriation because he believed the entire fund should be used for lower- income housing. He said he feels the same today but acknowledged that that may change based on the community's needs in the next several years. Mr. Fialho reported that Mr. Bocian would officially retire in 2 weeks. He thanked him for his many hard years of work in preparing CIPs which, coupled with Ms. Olson's preparation of the draft Budget, have positioned the city to be very successful over the next 2 years. 27. Second reading and adoption of Ordinance No. 2117 authorizing an amendment to the contract between the California Public Employees' Retirement System and the City of Pleasanton to include Section 20516 (Employees Sharing Additional Cost) of .5% for classic fire members Mr. Fialho stated that this is the second reading of a Consent Calendar item at the last meeting. The MOU amendment requires classic fire personnel to pick up an additional 0.5% or the CaIPERS employer rate in order to help finance their long -term pension benefits. As required by law, the second reading and approval of the amendment must occur in open session. MOTION: It was m/s by Narum /Olson to waive second reading and adopt Ordinance No. 2117 authorizing an amendment to the contract between the California Public Employees' Retirement System and the City of Pleasanton to include Section 20516 (Employees Sharing Additional Cost) of .5% for classic fire members. Motion passed by the following vote: AYES: Councilmembers Brown, Narum, Olson, Pentin, Mayor Thorne NOES: None ABSENT: None City Council Minutes Page 15 of 18 June 2, 2015