CCMIN011993 - Laserfiche WebLink

63 It was moved by Ms. Scribner, seconded by Ms. Mohr, that Ordinance No. 1586 be introduced, to be read by title only and waiving further reading thereof, amending the Pleasanton Municipal Code to: (1) create incentives for property owners to retain and upgrade unreinforced masonry buildings; and (2) create an incentive for Downtown property owners to allow public use of privately- owned, off-street parking; and to adopt Resolution No. 93-10, amending the Master Fee schedule to exempt unreinforced masonry buildings from fees and charges. The vote was as follows: AYES: Councilmembers - Mohr, Pico, Scribner, and Mayor Tarver NOES: None ABSENT: None ABSTAIN: None Item 6e Adjustment to Sewer Rates and Charges (SR 93:11) Susan Rossi, Director of Finance, presented the staff report. Ms. Mohr expressed support for the replacement program. Ms. Rossi indicated there was a separate expansion fund and replacement fund. New construction would come from the expansion fund. If the pipe were oversized, a portion would come from the replacement fund. Mr. Pico asked about accruals for long range replacement. Was there a table showing the long range model? Steve Cusenza, Deputy Director of Utilities, indicated.the replacement and improvement project was part of the CIP procedures. Those schedules will be in the budget document. Ms. Rossi indicated a long range study is being done and should be available within a couple of days, which shows the fifty year model. She discussed the details of phasing in the fund and the impacts on the rate schedule. It will take approximately twenty years to fully fund the reserve account. Mr. Tarver asked what the likelihood of a cash flow problem, i.e. repairs are needed and there is not enough in the fund to do it. Ms. Rossi indicated in the short term there is no problem. Craig Lawson, consultant, indicated if the rates are not increased at this time, it will take approximately forty years to fully fund the reserve account. 01/19/93