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HomeMy WebLinkAboutCC_2018-02-27_Minutes Special MeetingMINUTES - MORRO BAY CITY COUNCIL SPECIAL MEETING — FEBRUARY 27, 2018 VETERANS MEMORIAL HALL 209 SURF STREET — 4:00 P.M. PRESENT: Jamie Irons Robert Davis John Headding Matt Makowetski Marlys McPherson STAFF: Scott Collins Joseph Pannone Dana Swanson Jennifer Callaway Rob Livick Scot Graham Gregory Allen Steve Knuckles Eric Endersby AGENDA NO: A-3 MEETING DATE: March 13, 2018 Mayor Council Member Council Member Council Member Council Member City Manager City Attorney City Clerk Finance Director Public Works Director Community Development Director Police Chief Fire Chief Harbor Director ESTABLISH A QUORUM AND CALL TO ORDER The meeting was called to order at 4:00 p.m, with all members present. PUBLIC COMMENT FOR ITEMS ON THE AGENDA The Mayor opened the public comment period for items on the agenda; seeing none, the public comment period was closed. SPECIAL MEETING AGENDA ITEM: I. Ten -Year Financial Forecast Study Session https://youtu.be/zDLrHO-Ncl?t=19s Finance Director Callaway presented the staff report and responded to Council inquiries. (The presentation can be found here.) During discussion, the Council requested the General Fund Emergency Reserve ("GFER"), Risk Management Fund, and Tourism Business Improvement District ("TBID") policies be brought for discussion during budget workshops. The need to aggressively begin planning for economic diversification is imperative to be financially viable in the future. The Council also stressed the importance of engaging the public to ensure the community understands the City's financial realities. The Mayor reopened public comment period for items on the agenda. Joan Solu, Morro Bay, urged the Council to not spend $50,000 on an economic plan, but to dust off several existing plans the City has and gather local professionals to work as a team to analyze that information and develop an action plan. The public comment period was closed. No formal action was taken by the City Council. ADJOURNMENT The meeting adjourned at 5:34 p.m. Recorded b CMS 0 Dana Swanson, City Clerk