HomeMy WebLinkAbout11/12/2013 - Study Session - City CouncilCOSTA MESA CITY COUNCIL
MINUTES OF THE REGULAR STUDY SESSION MEETING
November 12, 2013
The meeting was called to order by Mayor Pro Tem Mensinger at 4:50 p.m. in Conference
Room 1A, Costa Mesa City Hall, 77 Fair Drive, Costa Mesa, California.
ROLL CALL (00:00:29)
Present: Mayor Pro Tem Mensinger, Council Member Leece, and Council Member Genis
Absent: Mayor Righeimer and Council Member Monahan
Officials Present: City CEO Thomas R. Hatch
City Attorney Thomas Duarte
City Clerk Brenda Green
Public Services Director Ernesto Munoz
Interim Finance Director Steve Dunivent
PUBLIC COMMENTS (00:00:40)
Jeff Arthur, Costa Mesa, stated a CaIPERS actuary will be speaking at the Pension Oversight
Committee meeting on November 20th, and spoke on surplus funds, and unfunded pension
liabilities.
REGULAR ITEM
1. CAPITAL IMPROVEMENT PROGRAM UPDATE/SURPLUS FUNDS DISCUSSION
CEO Hatch provided clarification on the budgeted monies for the unfunded pension liability and
unfunded medical liability funds (00:02:20).
CEO Hatch presented an overview on the Capital Improvement Program and the FY 2012-13
surplus; and on one time costs and reoccurring costs. (00:07:00)
Steve Dunivent, Interim Finance Director, provided an analysis of the 2012-2013 surplus funds.
(00:17:10)
CEO Hatch and Public Services Director Munoz reviewed the recommended uses of the surplus
funds. (00:29:06)
Discussion ensued on the Coolidge Ave and Fillmore improvements, the Council Chambers
upgrades, sidewalk repairs, tree planting, and the Park Master Plan. (00:35:07)
Council Member Genis spoke on building the reserves, long term financial stability, paying into
the fire side fund and to be cautious about spending all of the surplus. (00:48:00)
Mayor Pro Tem Mensinger spoke on the 16 million emergency fund, agreed with funding the
infrastructure improvements, requested an analysis of reoccurring costs, supports the upgrades
to the Council Chambers, and recommends caution with spending the surplus. (00:50:11)
Minutes — Regular Study Session Meeting — November 12, 2013 - Page 1
1
1
CEO Hatch spoke to the reserves. (00:53:50)
Council Member Leece spoke in support of a plan to address the unfunded pension liability, the
fire side fund, and a plan to replenish reserves. (00:56:45)
COUNCIL MEMBERS' REPORTS, COMMENTS, AND SUGGESTIONS - None
The meeting was adjoWed at 5:57 p.m.
MA
ATTEST
U
CITY-CLERK
Minutes — Regular Study Session Meeting — November 12, 2013 - Page 2