City Council

Item 333: Biennial Update of the City Debt Policy.\nThis item will be considered in the afternoon session which is scheduled to begin at\n2:00 p.m.\nTotal Estimated Cost of Proposed Action and Funding Source:\nThere is no cost associated with this action.\nCouncil District(s) Affected: Citywide.\nProposed Actions:\n(R-2023-713)\nResolution adopting the biennial update of the City Debt Policy.\nCommittee Actions Taken:\nThis item was heard at the Budget & Government Efficiency Committee meeting on May\n24, 2023.\nACTION: Motion by Committee Member LaCava, second by Vice-Chair Vivian Moreno,\nto recommend Council approval of staff’s proposed actions while removing the\namendments to section 5.4.\nVOTE: 3-1; Montgomery Steppe-yea, Moreno-yea, LaCava-yea, Lee-nay.\nDepartment of Finance: Richard Eyre, (619) 236-6899\nCity Attorney Contact: Bret A. Bartolotta\nADOPTION AGENDA\nDISCUSSION, NOTICED HEARINGS: