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Committee advances routine items: employee fundraising resolution and bond reallocation; asks follow-up on fiscal impacts
Summary
The subcommittee advanced a resolution designating agencies for the 2011 joint fundraising drive and forwarded an ordinance to de‑appropriate and reappropriate roughly $15.48 million from market‑rate bond proceeds to a below‑market seismic safety loan program; the committee sought clarifications about property tax and administrative costs.
At the start of the meeting, Chair Carmen Hsu read housekeeping items and the clerk confirmed that items acted upon by the committee will appear on the Board of Supervisors agenda on March 22, 2011.
Item 1: Joan Lubomirski (Office of the City Administrator) briefed the subcommittee on a resolution designating agencies eligible to participate in the 2011 joint fundraising drive for city officers and…
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