HomeMy WebLinkAboutE-1 - Minutes Adjourned Regular Meeting and Special City Council, April 26, 2021CITY OF AZUSA
MINUTES OF THE ADJOURNED REGULAR MEETING
AND SPECIAL CITY COUNCIL MEETING OF
THE CITY COUNCIL
MONDAY, APRIL 26, 2021 – 6:30 P.M.
The City Council of the City of Azusa, met in Special Session at the above date and time in the Azusa Light and Water
Conference Room located at 729 N. Azusa Avenue, Azusa, California, 91702. Meeting was held via video conference
only.
REGULAR SESSION
Mayor Gonzales called the meeting to order at 7:30 P.M., following Utility Board.
ROLL CALL: Roll call was taken by City Clerk Cornejo.
PRESENT: COUNCILMEMBERS: GONZALES, MACIAS, ALVAREZ, AVILA, MENDEZ
ABSENT: COUNCILMEMBERS: NONE
ALSO PRESENT
Elected Officials: City Clerk Cornejo.
Staff Members: City Manager Gonzalez, City Attorney Martinez, Director of Utilities Robledo, Deputy City Manager De
Anda-Scaia, and Chief Deputy City Clerk Garcia.
PUBLIC COMMENT
None.
SCHEDULED ITEMS
INTRODUCE FIRST READING OF AN ORDINANCE TO REPEAL SECTION 78-40 OF THE AZUSA MUNICIPAL
CODE RELATED TO THE RATE STABILIZATION RESERVE FOR STRANDED INVESTMENT AND ADOPT A
RESOLUTION DIRECTING THE TRANSFER OF FUNDS TO THE ELECTRIC FUND UNRESTRICTED RESERVE
Director of Utilities Robledo presented the Staff Report describing the general reserve fund, revenue reduction, a large
lump sum payment made to CalPERS, and the benefits of combining the general reserve and restricted reserve funds.
Discussion ensued regarding details about revenue fund amounts and rate action, the possible outcomes of choosing not to
redirect the stranded investment reserve funds, the lack of need for a stranded investment reserve fund, Council control
over the spending of funds, and whether the stranded investment fund served its purpose.
Councilmember Mendez offered Resolution No. 2021-C18 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA, DIRECTING THE
DIRECTOR OF ADMINISTRATIVE SERVICES TO TRANSFER ALL MONIES FROM THE RATE
STABILIZATION FUND RESERVE FOR STRANDED INVESTMENT TO THE ELECTRIC FUND
UNRESTRICTED RESERVE
Moved by Councilmember Mendez, seconded by Mayor Pro-Tem Avila, and carried by the following vote of the Council
to make a finding that events have overtaken the purpose of maintaining the Rate Stabilization Reserve Fund for Stranded
Investment within the Electric Fund; and Adopt Resolution No. 2021-C18 directing the Director of Administrative
Services to transfer all monies from the Rate Stabilization Fund Reserve for Stranded Investment to the Electric Fund
Unrestricted Reserve.
AYES: COUNCILMEMBERS: GONZALES, ALVAREZ, AVILA, MENDEZ
NOES: COUNCILMEMBERS: MACIAS
CONSENT ITEM
E-1
APPROVED
CITY COUNCIL
05/03/2021
Mayor Pro-Tem Avila offered Proposed Ordinance NO. 2021-C02 entitled:
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA, REPEALING SECTION 78-
40 OF THE AZUSA MUNICIPAL CODE RELATING TO A RESERVE FOR STRANDED INVESTMENT WITHIN
THE ELECTRIC FUND
Moved by Mayor Pro-Tem Avila, seconded by Councilmember Alvarez, and carried by the following vote of the Council
to waive further reading, read by title only, and introduce Ordinance No. 20201-02, repealing section 78-40 of the Azusa
Municipal Code relating to Reserve for Stranded Investment within the Electric Fund.
CLOSED SESSION
The City Council recessed into Closed Session at 8:00 P.M. to discuss the following:
PUBLIC EMPLOYEE PERFORMANCE EVALUATION Pursuant to California Government Code, Section
54057
Title: City Manager
Title: City Attorney
CLOSED SESSION REPORT
The City Council reconvened at 9:11 P.M.; City Attorney Martinez announced that there was no reportable action.
ADJOURNMENT
The meeting was adjourned by consensus of the City Council.
TIME OF ADJOURNMENT: 9:11 P.M.
__________________________________________
CITY CLERK
PAGE TWO – 4/26/2021