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| Item 8. Congratulations City! The city is hiring an Economic Development Manager |
Open Session - Consent Calendar (pass through, limited comment)
4. Authorization to advertise sealed bids for the collection system rehabilitation and replacements bids, 2014-15, phase 1, report.
5. Approve the two year agreement for the Pacifica weekend shuttle agreement program funding: SMCTA $105,450 (75%) Measure A Funds, City $15,150, Recology of the Coast $15,000, Hotel Business Improvement District (BID) $5,000, report.
6. Resolution adopting administrative purchasing policy, resolution. Administrative purchasing policy, (Attachment 1).
Special presentations - Proclamation: Chief Jim Tasa
Consideration
7. Resolution authorizing issuance and sale of Wastewater Revenue Refunding Bonds, $925,000,000 loan, 5.02% interest, report/resolution.
8. Approve a new economic development division within the City Managers Office, including a new Economic Development Manager position to "attract new business, retain existing businesses base, expansion strategies to help existing businesses evolve and grow". Expected activities, pages 2,3. report/resolution, and job description.
9. FY 2014/15 City communications plan committee goals, 6 months progress report, report.
Adjourn. Note: photograph from My-Health-Site.com.
Posted by Kathy Meeh
Posted by Kathy Meeh
26 comments:
Wow that's really great news. This should have happened a log time ago but better now than never.
Let me guess, Sue Digre will vote against it.
Glad they dumped the idea of an economic development coordinator in favor of a higher-level position. The coordinator position is a paper-shuffling greeter. Tinfow is smart to recommend spending the extra $3333 per month (above the budgeted coordinator salary) to hire an experienced manager.
$100-125K base plus benies. Council could go through that much on crap. In a week. And since they've waited 6 mnths to fill the lower position, they've "saved" enough to cover the increase. Funny how that works, but good job Tinfow. Now get that Beach Blvd prop sold.
There should be rewards based on performance. This could be the most important position in the city but unless they have an incentive to perform they may not.
We do want to fill the job, right? With an experienced, respected professional. Not a shoe salesman. The incentive is continued employment, salary increases and promotion.
Why don't they reach out to Victor Spano about the Economic Development person job.
This is what he did and worked with many national and local companies and brought in a lot of money to Daly City.
Local guy lives in town and won't take the money and run 2 years down the line.
In other unreported Pacifica News:
See's Candy is opening right next to Starbucks.
Maybe Warren Buffett can buy the rest of Pacifica, and clean it up a bit.
848 That would be quite a leap up for him from his coordinator job in DC. Sounds like Tinfow wants a mgmt level person who's done the job before. Plenty of assts, associates and experienced mngrs out there.
Nuts and chews, nuts and chews. Nothing says Pacifica like nuts and chews. Must be one of See's holiday locations. They had one in Kimco's Westlake last year. This is not See's kind of place for a regular store. Enjoy it!
Finally; In 2006 I went before The City Council an advocated strongly for an Economic development director and the staff that that position would need to be effective. The title Economic Development Manager implies that there will be staff members (new or existing)for this department head to manage.
The refinancing of the sewer bond on the face of it seems like a good idea but I have one question. Are we just borrowing what we currently owe at a lower interest rate and paying off the old debt,or are we adding to our debt by borrowing more then what is currently owed?
Tom 1134, Item 8, thanks you are correct! The title is "Economic Development Manager", a step up from "Economic Development Coordinator". (I have changed that on the article picture title.) This will be a new division within the City Manager's office.
Tom, you always ask the best questions.
Are we taking cash out on that refi? Buying the municipal equivalent of a big screen tv or a boat? The CM should spell it out. Kind of like a special disclaimer because this is Pacifica and you can't trust city hall.
Tom @ 11:34: I'm hoping that the job of the Economic Development Manager will be to manage economic development, not to manage staff.
Tom
Do you know when you refinance too many times and you run out of equity or your credit is bad and you can't pull out no more money.
You just sold your house back to the bank.
Another kick the can down the road manoeuvre by city hall. They are getting desparate now.
Why would someone with a city with development come to work for Pacifica, who is very anti development. This is another election year stunt by Mary Ann and Company. Oh you want to see nothing get done wait for Karen to be Mayor. Btw Karen how you doing on rebuilding Palmetto???
That was your crown jewel running for city council. Please don't tell me you didn't know the city didn't have any money.
104 Does this city look like it's run by people who know anything? Apparently, you feel personally betrayed by Ms. Ervin, but she's probably the least offensive of the five. Least impact/least offensive.
Stop the Dissing of Karen, because it's TRICK OR TREAT time! I see the timing as odd and even a little ominous. I'm talking about the flash announcement of a whole Economic Development Division just a few days before the election. First, the timing is totally Pacifica-style because had it been done a month ago, Digre and O'neill could have scored big political points off it. But as it is just a few days before Nov. 4th....As it's near Halloween time, I just feel in my aged bones there is something dark and scary and spookie and slightly wicked behind this move. Someones on Council and City Hall feels the earth will move soon and wants to prepare. I can feel it! How Weak the Mortal Frame!
Re: 1:04's comment. Yes, something to that. Didn't the
Assistant City Manager favored to be anointed one pass on Pacifica?. Maybe they won't be able to attract a star ED Manager for the same reason the ACM top doggie passed on our shanty town.
Me thinks Maybe Fix and Riptide are frightening these out of town people off! They don't want to be subject to the meat grinders that these are and can be. It shows you gotta be tough to be in Pacifica! Weaklings and wankers get blown away like fiddle sticks in a sandstorm!
Economic Development Manager job description from the city council agenda, 10/27/14, item 8, added to the article.
Quick! Someone let Machiavelli 201 out of the Giant Pumpkin now!
It's a one person dept, but it sure sounds good. It is odd it wasn't announced earlier. O'Neill could have really worked it, but so could Spano, Ruchames and Dyer. Even Digre and Keener could have embraced it, carefully. There are so many possible explanations for the timing.
If the experience portion of this job application included life experience I would apply.
30+ years of running a successful business. Seven years as a Planning Commissioner. 12 years on other committees. An in-depth understanding of Pacifica and it's needs and potential.
Of course I'd never get the job.
Kathy, that photo is not up to your usual standards. No way are those pretty people Pacificans. Think Walking Dead, tweekers, stoners, snarling seniors, keep it real.
Tom, think about it. Would you want the job? Working for the couple of political hacks running the show. You can't wash off that stuff.
Item 7? Where do I get me one of those $925mil loans at 5%?
1009 Holy cow! They actually typed out all the zeros and everything and published it. Shades of the old Ritzma attention to financial details. Her reports were error-ridden and we're not talking just typos. Nope, we're not buying a small Central American country, the correct loan amount is 9.25 million. Better now?
A bankruptcy judge today approved the city of Stockton’s plan for repaying creditors, a plan to keeps pensions intact despite the objections of a disgruntled investment firm.
U.S. Bankruptcy Judge Christopher Klein approved the city’s plan during a two hour hearing in U.S. Bankruptcy Court in Sacramento, rejecting the complaints from San Mateo-based Franklin Templeton Investment over how it is being treated. Franklin, which is getting repaid about 12 cents on the dollar over some bond debts, had argued its treatment was unfair in light of the city’s refusal to reduce pension contributions to CalPERS.
On Oct. 1, in a precedent setting decision, Klein ruled that the city could reject or “impair” its pension plans, a decision that sent reverberations through the retirement and financial worlds. But today he approved a Stockton plan that doesn’t touch pensions, enabling CalPERS and pro-pension union advocates to breathe a little more easily.
“It makes the (Oct. 1) ruling less significant,” said CalPERS General Counsel Matthew Jacobs, though he added: “It still exists.”
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Jacobs said CalPERS, which has steadfastly fought to keep pensions untouched, would consider its legal options with regard to the earlier ruling.
Pension reform advocates were disappointed with the judge’s approval of the city’s plan, saying they doubt Stockton will be able to operate without taking an axe to its $29 million-a-year obligation to CalPERS.
“They’re betting on rosy assumptions,” said Dan Pellissier, a pension reform advocate in Sacramento.
City officials, however, were thrilled with today’s decision, which they said will enable the city to move forward after years of financial crisis. The city filed for Chapter 9 bankruptcy in June 2012.
“We are on a more stable financial footing,” said City Manager Kurt Wilson. He added that police officers and other city employees have been leaving Stockton, in part because of uncertainty over their pensions and the city’s financial troubles. He believes the exodus will now stop.
“That’s going to be a very big help for us,” Wilson said.
In his ruling, Klein noted that employees have already agreed to pay cuts and other concessions, and that retirees were stripped of their medical plans. If the city were to reduce its pensions to free up cash for Franklin Templeton, workers and retirees would be “the real victims,” the judge said.
The Stockton case has been shaping up as a major test of the ironclad nature of public employee pensions in California. Klein acknowledged that his earlier ruling has “undermined” some of that assurance.
Stockton officials said if the city reduced its payments to CalPERS, it would trigger a complicated mechanism that would result in an estimated 60 percent reduction in pension benefits to current retirees and employees. That would have sent even more employees headed to the exits, city officials said. As it is, the city has about 100 fewer police officers than it did before filing for bankruptcy, Wilson said.
“It would be no simple task to go back and redo the pensions,” the judge said. James Johnston, a lawyer for Franklin Templeton, said the firm is “disappointed” in the ruling and will consider its options.
Call The Bee’s Dale Kasler, (916) 321-1066. Follow him on Twitter @dakasler.
Read more here: http://www.sacbee.com/news/business/article3474893.html#storylink=cpy
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