This facility is disabled accessible.  Auxiliary aids and services are available for individuals with speech, vision or hearing impairments (48-hour notice is required).  Please contact the ADA Coordinator at (818) 238-5021 voice or (818) 238-5035 TDD with questions or concerns.

                                                                      6:30 P.M.

INVOCATION:          

                                     The Courts have concluded that sectarian prayer as part of City Council

                                     meetings is not permitted under the Constitution.

FLAG SALUTE:

ROLL CALL:

JOINT MEETING WITH THE CITY COUNCIL, REDEVELOPMENT AGENCY, HOUSING AUTHORITY AND YOUTH ENDOWMENT SERVICES FUND BOARD:

1.      ADOPTION OF FISCAL YEAR 2006-07 ANNUAL BUDGET, CITYWIDE FEE SCHEDULE AND APPROPRIATIONS LIMIT:

The purpose of this report is to request that the Council, Redevelopment Agency Board, Housing Authority, Parking Authority and Youth Endowment Services (YES) Fund Board adopt the Fiscal Year (FY) 2006-07 Citywide Budget, Citywide Fee Schedule and Appropriations Limit.

On May 2, 2006, staff presented a preliminary overview of the Proposed FY 2006-07 budget, along with the Five-Year Forecast.  The Proposed Budget documents were distributed on May 4, 2006 for the Council�s review prior to their annual May Goal Setting Workshop held on May 6, 2006.

Budget Study Sessions were held on May 2, May 9, May 16, May 23 and May 30, 2006.  The purpose of these sessions was to give the Council an opportunity to review each department�s budget, review proposed fee increases and make modifications to the budget.  Additionally, on June 6, 2006, the Annual Public Hearing for the Proposed Budget was held.

Notable changes made to the Proposed Budget by the Council during the study sessions and the Public Hearing affecting recurring expenditures included restoring two frozen police officer positions, adding two police cadet positions, a forensic specialist and a kennel attendant, Citywide training, and ramping up for an enhanced Burbank Bus circulator.  The Council also agreed to set aside an additional $1 million for infrastructure maintenance and repairs.

The following chart provides a Citywide snapshot of the resources and appropriations for FY 2006-07:

The changes directed by the Council at the Public Hearing on June 6, 2006 had no impact to the overall General Fund Appropriations for FY 2006-07.  Total General Fund resources are projected to be $132,600,975 and total appropriations are expected to be $132,543,984.  As always, staff will continue to provide the Council with periodic financial reports and updates throughout the fiscal year.

Recommendation:

Adoption of proposed Council resolutions entitled:

(4/5 vote required)

1.      A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2006-2007, AND MAKING APPROPRIATIONS FOR AMOUNTS BUDGETED.

2.      (4/5 vote required)

A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK DETERMINING AND ESTABLISHING THE CITY�S APPROPRIATIONS LIMIT FOR FISCAL YEAR 2006-2007.

3.      A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK ADOPTING THE BURBANK FEE RESOLUTION.

Adoption of proposed Redevelopment Agency resolution entitled:

A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2006-2007.

Adoption of proposed Housing Authority resolution entitled:

A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2006-2007.

Adoption of proposed Parking Authority resolution entitled:

A RESOLUTION OF THE PARKING AUTHORITY OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2006-2007.

Adoption of proposed Youth Endowment Services Fund Board resolution entitled:

A RESOLUTION OF THE YOUTH ENDOWMENT SERVICES FUND OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2006-2007.

JOINT MEETING WITH THE CITY COUNCIL:

2.      Property-based Business Improvement District-Magnolia Park:

In September 2004, staff presented the Magnolia Park Action Plan (Action Plan) that included the results from five survey groups, a 3,000-resident survey and input from the Magnolia Park Community Advisory Committee. The Action Plan findings recommended numerous improvements and programs such as retail leasing, parking, promotions and events, and other miscellaneous improvements. These various activities were recommended to be funded by a proposed Property-Based Business Improvement District (P-BID).

A Steering Committee (Committee) was subsequently formed to work with staff and Downtown Resources to develop the Magnolia Park Management District Plan. The Committee met monthly and numerous property owner meetings were conducted to develop a draft management plan. Three public, large-group meetings were conducted with property owners to share the draft plan and receive feedback.

A final District Plan was made available to the property owners as well as a bullet point brochure outlining the improvements in the plan. Two public meetings were held in the petition drive. In addition, a letter with the accompanying petition was sent to the property owners on two occasions. 

Property owners representing more than 50 percent of the proposed assessment have signed a petition to initiate the special assessment proceedings.

The proposed P-BID annual budget is as follows:

Parking Improvements                                                                        $ 67,500

Maintenance                                                                                         $ 57,500

Promotion, Advertising, Events and Business Recruitment            $ 55,000

Advocacy and Administration                                                             $ 65,000

Contingency Reserve                                                                           $   5,000

Total                                                                                                       $250,000

The City is being asked to consider initiating the proceedings for formation of the P-BID; therefore, there will be no fiscal impact at this time. Should the Council approve the proposed P-BID at the actual hearing, the Parking Authority would be assessed $1,807 per year for five years, or a total of $9,035 for the parking lots it owns in the District. In addition, per a license agreement with the Los Angeles Department of Water and Power (LADWP), the Parking Authority is required to pay their assessment for a property that the Parking Authority uses as a public parking lot in the amount of $ 1,518 per year or $7,590 over five years. Also, staff is in the process of working with the LADWP on leasing a second property for a public parking lot. The terms and potential partnership with the P-BID are still to be determined; however, like the other agreement with LADWP, it is anticipated that the terms will be on a �triple net basis�, thus the Parking Authority would be responsible for this assessment as well. However, the proposed transaction with the P-BID may allow this cost to be paid by the P-BID. It is estimated that the annual assessment for this property will be $4,860.

A comprehensive strategy for improvements for the Magnolia Park area will require a broad level of property and business owner support, including a dedicated funding source to be successfully implemented. The proposed P-BID offers a voice to owners and businesses, backed up with funding to support a vital retail area.

Recommendation:

Adoption of proposed Council resolution entitled:

A RESOLUTION OF INTENTION OF THE COUNCIL OF THE CITY OF BURBANK TO FORM THE MAGNOLIA PARK PROPERTY AND BUSINESS IMPROVEMENT DISTRICT PURSUANT TO THE PROPERTY AND BUSINESS IMPROVEMENT DISTRICT LAW OF 1994.

Adoption of proposed Parking Authority resolution entitled:

A RESOLUTION OF THE PARKING AUTHORITY OF THE CITY OF BURBANK AUTHORIZING THE EXECUTIVE DIRECTOR TO VOTE IN FAVOR OF A MAGNOLIA PARK PROPERTY AND BUSINESS IMPROVEMENT DISTRICT PURSUANT TO THE PROPERTY AND BUSINESS IMPROVEMENT DISTRICT LAW OF 1994.

RECESS to continue the City Council meeting.

ADJOURNMENT.