HomeMy WebLinkAbout2009-02-18 AgendaSSW POR
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AGENDA
MEETING DATE: Wednesday, February 18, 2009
TIME: 8:00-9:00 A.M. Please arrive 5 min. prior
PLACE: City of Newport Beach Council
Chambers
ROLL CALL AND INTRODUCTIONS
To assist with attendance there will be a sign in sheet at the podium, Please check off your
name on arrival or before departing.
MEMBER UPDATES AND ANNOUNCEMENTS
DISCUSSION ITEMS
1. Approval of Minutes of January 21, 2009 (Attachment).
2. Banning Ranch Presentations
a. Christopher Bunyan, Banning Ranch Conservancy
b. Mike Mohler, Brooks Street
3. EQAC Representative's Report
ITEMS FOR A FUTURE AGENDA
PUBLIC COMMENTS
ADJOURNMENT
NEXT EXECUTIVE COMMITTEE MEETING: Wednesday, March, 4 2009
8:00 A.M. — NEWPORT BEACH CHAMBER OF COMMERCE
NEXT REGULAR MEETING: Wednesday, March 18, 2009
8:00-9:00 A.M. — CITY COUNCIL CHAMBERS
Any writings or documents provided to a majority of the Economic Development Committee regarding any item on
this agenda will be made available for public inspection in the Planning Department located at 3300 Newport Blvd.,
Newport Beach, CA 92663 during normal business hours.
DRAFT MINUTES 1-21-09
Minutes of the Economic Development Committee held at the City Council Chambers, City of
Newport Beach, on Wednesday, January 21, 2009.
Members Present:
E
Mike Henn, Chairman
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CITY OF NEWPORT BEACH
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ECONOMIC DEVELOPMENT COMMITTEE
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Jennifer Gonzalez
DRAFT MINUTES 1-21-09
Minutes of the Economic Development Committee held at the City Council Chambers, City of
Newport Beach, on Wednesday, January 21, 2009.
Members Present:
E
Mike Henn, Chairman
X
Sheri Drewry
X
Keith Curry, Council Member
X
Jennifer Gonzalez
X
Steve Rosansky, Council Member
X
John Hyatt
X
Robert Hawkins, Planning Commissioner
X
Lloyd Ikerd
X
Mike McNamara, Vice Chairman
X
Brion Jeannette
X
Fred Ameri
X
Debra Legan
X
Craig Batley
E
Richard Luehrs
X
Seymour Beek
X
Scott Palmer
X
Jeffrey Cole
E
John Robinson
E
Steven Coyne
A
Gregg Schwenk
X
Gary DiSano
X
Gary Sherwin
X
Jim Donnell
X
Gay Wassail -Kelly
X
Kenneth Drellishak
Staff Representatives:
x
Sharon Wood, Assistant City Manager
X
Dennis Danner, Administrative Services
Director/Treasurer
x
Leigh De Santis, Economic Development
X
Glen Everroad, Revenue Manager
Administrator
x
Katie Bowden, Economic Development
Coordinator
Guests Present:
Roy Freeman, Resident
Mr. Bill Kelly. Resident
Loretta Walker, CVB
Roll Call and Introductions:
Mike McNamara called the meeting to order at 8:05 am and began self introductions of the
assembled members, staff and guests.
UPDATES AND ANNOUNCEMENTS
■ Mr. Gary DiSano announced that as of January 22 he would be President of the
Tournament of Roses. His theme choice for the January 2010 Parade is "2010 A Cut
EDC MINUTES 1-21-09.doc
Above the Rest". He also reminded the group that next year the football teams and
media would be using two Newport Beach hotels: the Newport Marriott for the media
and the Fairmont for one of the two teams. The other team will be at the Westin in
Costa Mesa.
■ Mr. Lloyd Ikerd announced that he was leading the effort to restore a 1951 Ford as a
Newport Beach Police car. The cost of the vehicle and restoration will be $10,550.
The goal is to complete the project by March 2009. He was seeking donations from
any person or business that might like to participate. The restored car will be used for
ceremonial events and the DARE Program.
■ Mrs. Sheri Drewry reminded the group that Restaurant Week was in progress and that
they had today and tomorrow to take advantage of the special prix fixed meals. She
added some of the restaurants were finding so popular that they plan to run the menus
for another week; among those are the Ritz and Five Crowns.
DISCUSSION ITEMS
1. Minutes of November 19, 2008.
Motion:
Gary DiSano
Second:
Craig Batley
Vote:
Unanimous
2. Presentation by Dennis Danner, Administrative Services Director/Treasurer on
the City's financial Status
The City has a General Fund Reserve Balance of $79 million. This is a $10 million
dollar increase over last year. In the current year sales tax receipts are down $3.5
million and investment earnings are down 30-40%. To adjust the current budget to the
lower receipts the City Council and City Manager have instituted a hiring freeze (the
City Manager can approve essential hiring), $2.2 million in Capital Improvement
Projects have been deferred and City Departments have been instructed to reduce
spending by 1 % for this fiscal year. These measures balance this year's budget.
The City has begun the process of developing the 2009/2010 Budget. Revenue
assumptions will be lower — 2% for property tax instead of 4% (historic actuals have
been 8%). City Departments are being instructed to reduce budgets by 2%. The
hiring freeze will continue and the new Capital Improvement Projects will be reduced
to $3M from $5M. In order to maintain a $3.5M contribution to the Facilities
Replacement Reserve in 2009-2010, $1.5M will be transferred from the Appropriations
Reserve. The City is financially sound.
The unknowns that could cause further adjustment to the City's budget are the length
and depth of the recession and the as yet unknown actions the State of California may
take. In the past the State has withheld funds from the cities to keep from cutting its
budgets.
EDC MINUTES 1-21-09.doc
3. Presentation by Gary Sherwin, CVB on a proposal to form a Tourism BID and a
Discussion regarding a Newport Beach Special Event Advisory Committee were
deferred until February 18, 2009.
Motion:
Jim Donnell
Second:
Seymour Beek
Vote:
Unanimous
3. EQAC Representative's Report
The Marina Park draft EIR review by EQAC has been delayed until February 2009.
ITEMS FOR A FUTURE AGENDA
Presentation by Gary Sherwin, CVB on a proposal to form a Tourism BID and
Discussion regarding the creation of a Newport Beach Special Event Advisory Committee
Jim Donnell suggested another budget update in six months.
PUBLIC COMMENTS
There were none.
ADJOURNMENT
Vice Chairman McNamara called for the meeting to be adjourned at 9:02 am.
EDC MINUTES 1-21-09.doc