Finance Management Subcommittee 08.15.25

GO AHEAD, MARION. ALL RIGHT, THANK YOU VERY MUCH, AND THANK YOU FOR JOINING US THIS AFTERNOON FOR THE FINANCE SUBCOMMITTEE MEETING. UH, TODAY IS FRIDAY, AUGUST 15TH. UH, BEFORE WE START, ARE THERE ANY PUBLIC COMMENTS? THANK YOU, MR. OLSON. ALL RIGHT, WITH NO PUBLIC COMMENTS, WE'LL GO AHEAD AND MOVE ON TO. GRANTS UPDATE FROM RECREATION DEPARTMENT, GO AHEAD AND PULL THAT. UM, ON THE SECOND PAGE OF YOUR AGENDA PACKET IS A MEMORANDUM THAT INCLUDES, UH, A GRANTS UPDATE FOR THE RECREATION DEPARTMENT. THESE GRANTS COVER. BASICALLY BETWEEN THE PAST FISCAL YEAR THROUGH. UH, SOME OF THEM 2027. UM, SO SOME OF THEM ARE LOCAL, SOME OF THEM ARE A LITTLE HIGHER OR HIGHER UP. UM, SOME OF THEM ARE STATE. SO STARTING AT THE TOP, WE HAVE THE KELLER CANYON MITIGATION FUND. UM, THAT'S A 2-YEAR REIMBURSABLE GRANT. UM, FROM THAT PROGRAM, WE GOT 136,750, BASICALLY ON ALMOST ALL OF OUR GRANTS, UM, OUR CONTRIBUTION IS NOT FINANCIAL, IT'S MORE FACILITY THAN REALLY RUNNING THAT PROGRAM. UM, WE LIKE TO GO AFTER THESE GRANTS BECAUSE IT HELPS US OFFSET THE COST TO THE COMMUNITY SO THAT THEIR COSTS ARE NOT AS HIGH AS THEY NEED TO BE, AND IT MAKES IT MORE AFFORDABLE. UM, SO WITH THAT, WITH THE KELLER CANYON, UH, WE WERE ABLE TO FUND TINY TOTS PROGRAMS. THE PITTSBURGH SUMMER YOUTH CORPS, EMPOWERMENT IN MOTION, YOUTH IN GOVERNMENT, SENIOR CENTER ACTIVITIES, EVENTS, AND NEWSLETTERS. UM, JUST SOME NUMBERS TO KIND OF MAKE THAT MORE REAL. WITH THE TINY TOTS PROGRAMS, THAT'S AGES 3 TO 5. CURRENTLY, WE ARE TAKING REGISTRATION… NO, WE JUST CLOSED REGISTRATION FOR OUR, UH, TOUCHDOWN TYPES. UH, WE CURRENTLY HAVE 60 PARTICIPANTS IN THAT. UH, FOR THE JUNIOR SLUGGERS, UH, AND SLUGGERS, THAT'S THE BASEBALL. WE HAVE 70 PARTICIPANTS, AND THEN OUR SOCCER ONE, THE TINY KICKERS, WE HAD 96. UM, SO AGAIN, THAT'S 2 YEARS. THIS WAS… THAT WAS ONLY THE FIRST YEAR WE'RE GOING INTO OUR SECOND YEAR. FOR PSYCH, UH, WHICH IS THE SUMMER YOUTH CORPS, WHERE THEY GO OUT AND THEY GET JOB, UH, WORK EXPERIENCE FOR REAL-LIFE WORK EXPERIENCE. UM, FOR AGES 11 TO 15, WE HAVE 35 PARTICIPANTS IN OUR LAST COHORT. EMPOWERMENT IN MOTION IS THE WOMEN'S PROGRAM THAT WORKS ON SELF-DEFENSE, UM, AND PERSONAL DEVELOPMENT. UM, AND A LOT OF MENTAL HEALTH ISSUES AS WELL, UM, THAT'S FOR AGES 11 PLUS. WE HAVE 43 PARTICIPANTS, YOUTH AND GOVERNMENT, WHICH I BELIEVE WE HAVE THEM COME TO SPEAK WITH YOU GUYS AT THE END OF THE, UH, THEIR, THEIR SESSION. UM, THAT'S HIGH SCHOOL AGE. WE HAD 12 PARTICIPANTS. TWILIGHT HOOPS, AGES 14 TO 26, UH, MALES. 93 PARTICIPANTS. UH, SHE GOT GAME, ACTUALLY, I THINK I JUST WENT INTO SOME OTHER GRANTS. LET ME STOP THERE. UM, THE SENIOR PROGRAMS THAT ARE FUNDED, THOUGH, ARE ART THERAPY, MEDICAL WORKSHOPS, SIT AND BE FIT, SENIOR MASSAGES, AND SENIOR YOGA. THE LOS MADONNAIS HEALTHCARE AREA, UM, FUNDED US, AND WE WERE AWARDED $100,000 JUST FOR THE TWILIGHT HOOPS, UM, PROGRAM. SO, THAT LAST ONE, THAT'S WHAT I WAS SAYING, WE HAD 23 PARTICIPANTS. WE DIDN'T USE AS MUCH FUNDING AS WE NEEDED TO, BECAUSE WE HAD SO MUCH COMMUNITY SUPPORT THAT A LOT OF THE SPEAKERS THAT CAME IN ACTUALLY DONATED THEIR TIME, AND SOME OF THEM EVEN DONATED AND PAID FOR THE FOOD THAT WE WOULD NORMALLY BE PAYING FOR. SO WE TOOK. WHAT WAS REMAINING FOR THAT YEAR'S SPENDING, AND WE ACTUALLY DID A FEMALE VERSION OF IT CALLED SHE GOT GAMED. UH, FOR WOMEN AGES 14 TO 26, AND WE HAVE 40 PARTICIPANTS IN THAT. UM… MOVING ON TO THE OTHER LAS RODANAS, $54,000, UM, FOR SENIOR PROGRAMS. UM, AND THAT'S, AGAIN, SOME OF THOSE OTHER PROGRAMS, BUT BASICALLY, IT'S A WAY THAT WHENEVER YOU SEE A FREE PROGRAM AT THE SENIOR CENTER. THAT TYPICALLY MEANS IT IS FUNDED BY A GRANT IN SOME FORM OR FASHION. UM, MY BROTHER'S KEEPER IS PENDING RIGHT NOW. THAT IS THE COMMUNITY CAPACITY GRANT THAT IS FROM THE OBAMA FOUNDATION, SO WE'VE BEEN, UH, NOTIFIED… PRETTY MUCH CONFIDENT WE HAVE THIS, WE'RE AT THE FINAL STAGES WHERE THEY'VE EVEN ASKED FOR OUR FINANCIAL, UM, UM, OUR AUDITED FINANCIALS, SO WE WERE PRETTY CONFIDENT THAT WE'LL HAVE THAT. AND THAT'S BASICALLY TO REALLY BUILD ON WHAT OUR COMMUNITY IS ALREADY DOING. TO GET TO COMPLETE, UH, POST-SECONDARY EDUCATION AND TRAINING, SO THAT WE ACTUALLY HIT THAT MILESTONE NUMBER FOUR OF MY BROTHER'S KEEPER INITIATIVE. UM, SO WE'RE HOPING TO HEAR BACK ON THAT. PROBABLY BY NEXT MONTH, IN SEPTEMBER, AND THEN WE'VE GOT PLANS TO REALLY START PUSHING THAT FORWARD. THAT FUNDING IS GOING TO BE USED, A PORTION OF IT, UM, TO FUND EXISTING ORGANIZATIONS THAT ARE ALREADY IN ALIGNMENT WITH WHAT WE'RE LOOKING FOR AND DOING, AND THEN SOME OF IT WILL BE FOR, UM, SCHOLARSHIPS, AND THEN A SMALL PORTION WILL BE TO CONTINUE OUR EFFORTS AS WELL. UM, WE'RE CURRENTLY AWAITING A $120,000 CONTRACT, UM, TO COME OVER SO WE CAN BRING IT BEFORE COUNCIL TO RECEIVE IT. FROM BHSD, UH, FOR ORGANIZATIONAL CAPACITY BUILDING. THIS ONE IS, UM, WE'RE REALLY EXCITED ABOUT BECAUSE. THIS IS GOING TO TAKE US, UM, INTO WHAT I CALL A NEW LEVEL OF PROVIDING PROGRAMMING, BECAUSE WE'LL BE ABLE TO HIT A DEMOGRAPHIC THAT WE HAVE NEVER BEEN ABLE TO HIT PRIOR TO MOVING INTO THE MARINA CENTER, WHICH IS THE, UM. ADULTS WITH DISABILITIES. SO, UH, WE'VE REALLY KIND OF FOUND A NICHE IN WORKING WITH THEM, AND THE GROUPS, THEIR DAY GROUPS, UM, AND SO THEY'RE DOING COMPETITIVE LEAGUES, AND EVERY DAY THEY ASK, WHEN IS LIVE FOOTBALL? AND I SAY IT'S COMING. SO, UM, SO FAR WITH THE ADAPTIVE ADULTS, WE'VE DONE, UM, BLACK FOOTBALL. WE DID BASKETBALL, I BELIEVE, UM, AND RIGHT NOW THEY'RE DOING PICKLEBALL. AND WHAT WAS SUPPOSED TO BE A TEACHING LEAGUE OF PICKLEBALL HAS NOW BECOME A COMPETITIVE LEAGUE OF PICKLEBALL, SO THEY HAVE THEIR PENNIES, THEY GO OUT THERE. THEY ARE ALL IN. UM, YOU SHOULD SEE THEM ON THURSDAYS FROM, UH. FROM 11 TO 1. UM, AND I THINK THERE'S PROBABLY ABOUT 40 IN THAT LEAGUE. UM, SO IT'S A LEAGUE THAT'S CONTINUING TO GROW, AND THIS FUNDING IS GOING TO HELP US WITH OUR PROGRAMMING. UM, PART OF IT INCLUDES PURCHASING A PORTABLE LIFT FOR BUCHANAN POOL, SO THAT WAY WE CAN ACTUALLY DO ADAPTIVE, UH, PROGRAMMING IN THE POOL, SO THAT THEY CAN DO SOME OF THOSE PROGRAMS. UM, BUT THEN ALSO, WE'LL BE ABLE TO REPLACE, UM, SOME OLD APPLIANCES AT THE SENIOR CENTER. UM, THAT HELPS FALL IN LINE WITH, UH, OUR EMERGENCY OPERATIONS, UH, SO THAT WAY, IF IN FACT WE DO HAVE ANOTHER EMERGENCY SITUATION WHERE WE HAVE TO TURN THAT INTO A SHELTER. WE'LL BE ABLE TO PROVIDE FOOD AND SO FORTH FOR THE COMMUNITY. UM… AND THEN… A VOLUNTEER MANAGEMENT PROGRAM, AND I KNOW THAT'S SOMETHING THAT PEOPLE HAVE MENTIONED A LOT OF, SO WE'RE WORKING ON. KIND OF FINDING FUNDING TO HELP US AND DO THOSE THINGS. SO, WE KNOW THAT WE WERE AWARDED $120,000. WE KNOW THAT THE CONTRACT IS COMPLETE ON THEIR END, IT JUST HASN'T BEEN RELEASED TO US. SO EVERY WEEK, WE'RE FOLLOWING UP SAYING, WHERE'S THE CONTRACT? SO AS SOON AS WE GET THAT IN OUR HANDS, WE'LL BRING THAT TO YOU. UM, MY GOAL WOULD BE TO DO THAT AS A CONSIDERATION ITEM, JUST SO THAT WE CAN MAKE SURE THAT WE REALLY. UM, SPRINGFORCE PROGRAMS, UH, BEFORE THE POOL COUNCIL. UM… THE LAST ONE IS THE WATER SAFETY GRANT. WE'VE BEEN GETTING THIS ONE FOR YEARS. THEY DID INCREASE IT THIS YEAR. WE USED TO GET $3,500. THIS YEAR, WE GOT 4,000 OR $4,300, UH, EACH YEAR FOR 3 YEARS. THAT, UM, PROVIDES 25 CAMPERS AT NO COST, UM, A ONE-WEEK ADVENTURE CAMP THAT IS HELD AT BUCHANAN POOL. THEY DO SOME NATURE STUFF, THEY LEARN WATER SAFETY, AND THEN THE LAST DAY, THEY'RE BUSSED DOWN TO, UM, DEL VALLE. WHERE THEY ALSO LEARN SOME, UH, SAFETY ON MORE REGIONAL LEVEL. UM, WE HAD, AGAIN, WE HAVE 50 PARTICIPANTS IN THAT ONE. UM… THE LAST THING IS NOT NECESSARILY A GRANT, BUT ONE THAT I WANTED TO BRING TO YOUR ATTENTION IS WE HAVE A PHILANTHROPIC GROUP CALLED ROSSI HOLDS HAND, A NON-PROFIT OUT OF DANVILLE, THAT ACTUALLY REACHED OUT TO US LAST YEAR. THEY PROVIDE US $3,000 A YEAR, UM, TO PROVIDE ACTIVITY SCHOLARSHIPS TO OUR COMMUNITY. UM, AND THAT'S FOR ANY. RECREATION PROGRAM THAT ANY. BODY WANTS TO. IT'S NOT BASED ON ANYTHING. WELL, WE DO BASE IT ON, UH, NEED. UH, THEY DO HAVE TO SHOW US CERTAIN THINGS. WE BASE IT ON NEED, BUT IT'S FOR ANYONE IN THE FAMILY, SO IT'S NOT A CERTAIN AMOUNT FOR THE FAMILY, IT'S PER INDIVIDUAL. THE ONLY PROGRAMS THEY CAN'T USE IT FOR ARE THE ONES THAT HAVE OTHER SCHOLARSHIPS, BUT IF THEY'RE IN THE AQUATIC SCHOLARSHIP PROGRAM, THEY ALSO CAN USE ROSSLY FOR, SAY, FLAG FOOTBALL, OR AN AFTER-SCHOOL PROGRAM, OR ANYTHING LIKE THAT. UM, SO THEY'VE BEEN A GREAT PARTNER WITH US. THEY JUST DROPPED OFF ANOTHER CHECK. UM, AND THE ONE BEAUTIFUL THING ABOUT THAT ORGANIZATION IS, IS THEY JUST SAID, HEY, WHEN YOU SPEND ALL THAT, CALL US AND WE'LL BRING YOU SOME MORE. UM, ADDITIONALLY, THEY WANT TO FUND AN OUTDOOR FITNESS, UH. CIRCUIT, UM, DOWN AT THE MARINA, SO WE'RE WORKING ON THAT, UM, TRYING TO FINALIZE WHAT IT WOULD LOOK LIKE AND THE FUNDING. WELL, THEY ARE THE FUNDING. BUT MAKING SURE WE'RE ALL ON THE SAME PAGE, AND THEN WE BRING THAT BEFORE YOU, AS WELL, TO THE COUNCIL. REMEMBER, WE HAD A SIMILAR OPPORTUNITY, MAYBE LIKE 6, 7 YEARS AGO, SO GLAD THAT THAT CAME BACK TO WORK ON SOMETHING LIKE THAT. THE DIFFERENCE WITH THIS ONE AND THAT ONE WAS, THAT ONE WAS, WE'RE GONNA GIVE YOU THIS MUCH MONEY, I THINK IT WAS $10,000, AND YOU'VE GOT TO FUND THE OTHER $100,000. THESE FOLKS ARE GOING TO FUND IT ALL. SO, BASICALLY, WE'RE SAYING, HERE'S THE… SO THE LOCATION THAT WE'RE LOOKING AT IS, UM. DOWN AT THE MARINA, WHEN YOU FIRST PULL INTO THE FIRST PARKING LOT, AND THERE'S THAT GRASS AREA RIGHT NEXT TO, UM, WHERE THE BOCCE PORTS ARE. SO THAT, THAT STRIP OF GRASS, UM, IS PART OF THE CITY, NOT THE, UH, THE HOA THAT'S THERE. UM, SO, OF COURSE, I MEAN, I LIKE TO THINK BIG. I'M LIKE, WE'LL TAKE IT ALL OUT, WE'LL LEVEL IT DOWN, WE'LL DO THIS, AND THEN WHEN I BROUGHT HILARIA OUT, HE GOES, YEAH. THAT'S GONNA COST THIS. AND I SAID, OKAY, WELL, HOW DO WE PULL THIS BACK AND WORK WITHIN THIS? SO, WHAT WE'RE LOOKING AT DOING IS MAYBE CUTTING OUT AND CREATING A SMALLER SPACE, AND MAYBE ANOTHER SMALLER SPACE ON EACH SIDE, AND THEN BUILDING IT IN THERE, SO… ANY QUESTIONS OR COMMENTS FROM THE SUBJECT? SO, ALWAYS EXCITING TO SEE BRAND OPPORTUNITIES. I WAS GONNA… I ASKED. I KNOW IN, UH, PRIOR NEWS. DIRECTLY INFORM MY PARENTS FOR MY COMPANION CARD, AND WE'RE TRYING TO DO THE STAKE. OF A, UM… I KNOW WE HAVE ONE COMING TO COUNCIL ABOUT THE PREMIER FIELDS, POTENTIALLY, BUT ARE THERE OTHER OPPORTUNITIES FOR, LIKE, PARKS AND IMPROVEMENTS, OR, LIKE… YES, UM, AND WE DO EVALUATE ALL OF THOSE. UM, OUR BIGGEST CHALLENGE IS, IT'S… IT'S KIND OF A… IT'S… YOU KNOW, WE'RE… WE'RE NO LONGER THE DEMOGRAPHIC THAT IS, UH. IN NEED AS MUCH. UM, SO OUR PARKS RATIO IS EXTREMELY HIGH. WE HAVE A LARGE NUMBER OF PARKS FOR 1,000, AND THEN OUR DEMOGRAPHICS, THE FINANCIAL DEMOGRAPHICS, HOUSEHOLD INCOME. IS NOT MEETING. UM, BUT WE ARE ALWAYS EVALUATING AND SEEING WHAT WE CAN DO, BECAUSE WE ARE STILL WANTING TO, UM. DEFINITELY PUT BUCHANAN BACK ON, YOU KNOW, A GRAND SPECTRUM AND SEE HOW WE CAN UTILIZE FUNDS TO HELP BUILD THAT. WE ACTUALLY JUST EVALUATED ONE, UM, THE LAND. NO ONE ELSE CALLED LAND, UH, LAND, WATER, LCW. LAND, WATER CONSERVATION FUND. YEAH. SO, WE WERE LOOKING AT THAT ONE, UM, IN ORDER TO HELP US REDO, UH, AROUND THE POND, BUT IT WOULDN'T HAVE BEEN A COMPETITIVE ENOUGH GRANT, AND SO WE COULD HAVE SUBMITTED IT. BUT WHEN YOU REALLY LOOK AT IT, WE WOULDN'T HAVE GOTTEN IT. BUT THE PROP 68, ONE THAT WE DID APPLY FOR, UM, ORIGINALLY THAT YOU'RE REFERRING TO, THAT ONE IS COMING BACK OUT IN THE, I THINK, IN THE WINTER, EARLY WINTER, LIKE, JANUARY, FEBRUARY OF NEXT YEAR, SO WE'RE GOING TO REEVALUATE THAT, SEE IF WE CAN QUALIFY. AND THEN WE'LL BE SUBMITTING THAT AGAIN. QUESTIONS? ADAM TREASURE, MAKE COMMENTS OR QUESTIONS? ALL RIGHT. OH, AND THEN I DID PUT THIS ONE IN FRONT OF YOU. THIS IS JUST THE LMC AND JUST SHOWING YOU WITH OUR SWIM LESSONS, OVER 400, UM, SWIM LESSONS WERE PROVIDED. WHO'S GONNA PAY FOR THEM? YES, THANK YOU. ALL RIGHT, I AGREE WITH THAT. NO MORE QUESTIONS OR COMMENTS. WE ARE MOVING DOWN, JUST TO AN UPDATE ON ARPA, JOURNAL FUND SURPLUS, AND MURDERM. SO, UH, WE'VE INCREASED IN OUR SPENDING ON ARPA, THAT'S JUST BECAUSE. THE CITYWIDE, WE'VE MADE PROGRESS ON THE CITYWIDE STORM DRAIN TRASH CAPTURE DEVICE PROJECT. UH, WE'VE, UM… HAD A PAYMENT, AN INCENTIVE PAYMENT FOR HOME TO SUITES. CITY PARK RESTROOMS CONSTRUCTION IS COMPLETE, WHICH WILL BE GOING BEFORE THE CITY COUNCIL FOR, UH. APPROVAL IS COMPLETE, AND THEN THE ERP. THE HOME 2 SUITES AND THE STORM GRAND CAPTURE HAS BEEN FULLY FUNDED. AND FULLY EXPENSED, AND SO THAT LEAVES US WITH A BALANCE OF $7,909,660 LEFT IN ARPA, WHICH IS 43% TO BE SPENT BY THE END OF NEXT YEAR. UH, NO CHANGE, UH, FOR GENERAL… I'M SORRY, FOR MEASURE M. THE HIGHLIGHTED IN GREEN UNDER CURRENT YEAR COLUMN, THOSE ARE THE MONIES THAT THE CITY COUNCIL ALLOCATED LAST MONTH. AND SO WE'RE JUST SHOWING WHERE THEY ENDED UP. UH, SO, FOR EXAMPLE, FOR PUBLIC WORKS FOR, UM. ROADS WILL BE INCREASED THEIR ALLOCATION FROM 750 BY ANOTHER 500, SO IT'S NOW 1.25 MILLION. WE HAD ADDITIONAL FUNDS GO TO, UM, CENTRAL HARBOR PARK SECURITY CAMERAS. UH, ADDITIONAL TO LIGHTING AND LANDSCAPING, AND THEN THE REMAINING BALANCE WAS ALSO PUT INTO ROADS. AND THEN FOR GENERAL FUND SURPLUS, THERE ARE NO CHANGES SINCE LAST MONTH. COMMENTS OR QUESTIONS ON THIS SEARCH? ALL RIGHT. MOVING ON TO THE… THE CONTINUATION OF OUR DISCUSSION WITH THE FISCAL SUSTAINABILITY. AND, UH, RESERVE BUS ORDINANCE, SO, UM, THE SUBCOMMITTEE ASKED WHAT THE STATUS OF OUR PROPERTIES ARE, SO THIS IS A… AN OVERVIEW OF THAT. THANK YOU. SO, THE SECTION OF THE ORGANS THAT TALKS ABOUT, UM. THE, YOU KNOW, WHEN WE EVALUATE THE PROPERTY. SO BASICALLY, WE ARE ALLOWED… WE'RE REQUIRED TO HAVE 30% OF OUR RESERVE, OR 30% OF OUR OPERATING BUDGET AND RESERVES, 10% OF THAT CAN BE PROPERTY. SO, IT SAYS THAT, UH, WE MAY… IT MAY… WE MAY HOLD IT IN REAL PROPERTY, BUT THE VALUE OF IT HAS TO BE AT LEAST 100… 125% OF THE DOLLAR AMOUNT OF THE PROPERTY. SO, FOR EXAMPLE, IF. IF OUR… WELL, YOU'LL SEE THE CALCULATIONS AT THE END, BUT BASICALLY, IF OUR GENERAL FUND RESERVES IS $30 MILLION. 10% OF THAT IS $10 MILLION. THAT MEANS WE SHOULD HAVE. UH, 125% OF THAT WORTH IN, IN, UH, PROPERTY. SO I'LL SHOW YOU THE CALCULATIONS WHEN WE GO OVER IT. NEXT SLIDE, PLEASE. SO, IN LOOKING AT OUR ASSET LIST. WE PRETTY MUCH CAN CATEGORIZE THE ASSET LIST UNDER THESE CATEGORIES, SO ROADS. SO, IF YOU LOOK AT. THE PARTICULAR APN RIGHT THERE, IT'S A ROAD, OR WE HAVE, LIKE, LANDSCAPING NEXT TO THE ROAD. WELL, WE CAN'T SELL THAT, BECAUSE IT'S A ROBE. UM, THE NEXT OTHER CATEGORIES ARE PUBLIC FACILITIES. THESE ARE LIKE THE CITY HALL, MARINA CENTER, SENIOR CENTER. COULD WE SELL THAT? YEAH, HIGHLY LIKELY NO, THOUGH, BUT IF YOU REALLY HAVE TO, COULD YOU, LIKE A MARINA CENTER? MAYBE, BUT YOU'RE ALL… YOU'RE TALKING ABOUT CATASTROPHIC NEED. UM, SO WE WON'T EVEN LOOK AT THAT FOR… AS A… AS AN ASSET. THEN WE HAVE PARKS. SO, WE HAVE QUITE A BIT OF PARKS. AS A MATTER OF FACT, IN LOOKING AT OUR LANDSCAPE MANAGEMENT. UH, PLAN. WE HAVE 115 ACRES OF PARKS, WHICH DOES NOT INCLUDE PREMIER FIELDS. SO, COULD WE SELL THAT AGAIN? SURE, BUT HIGHLY LIKELY NOT, BECAUSE WE WANT TO KEEP OUR PARKS. UH, THEN WE HAVE PROPERTIES THAT ARE IN THE TRUST LAND. SO IN THIS PARTICULAR PICTURE, WE WERE LOOKING AT THE AREA WHERE THE FORMER ART SHACK AND VAPE SHOP CURRENTLY IS. IT'S FLAT, IT'S BUILDABLE, BUT IF YOU LOOK AT THE DARK BLUE LINE THAT RUNS ACROSS IT, THAT'S TRUST LANDS. WE CAN ENTER INTO A LONG LEASE AGREEMENT, BUT WE CAN'T DISPOSE OF THE PROPERTY. SO NOW WE FIND WE ARE UNDER THE LAST CATEGORY, OUR VACANT LANDS AND PROPERTIES. SO THESE WE CAN DISPOSE IN CASE WE NEED TO, AND I'LL SHOW YOU WHAT THE VALUES OF THOSE ARE. NEXT SLIDE, PLEASE. SO THESE ARE, UH, VACANT LANDS, SO WE HAVE THE NORTHWEST CORNER OF, UH, BLISS AND HARBOR. SO THAT'S PART OF THE BLISS AREA. UH, WE ALSO HAVE A PROPERTY, A SMALL PARCEL IN THE NEIGHBORHOOD WHERE. IT'S, UH, WEST OF CUMBERLAND, AVALON IS THE STREET. WE HAVE THERE, UH. WE HAVE, UH, 75 BLISS, WHICH IS VACANT. WE HAVE 3 OR 4 PARCELS AT THE END OF HARBOR ON THE NORTH SIDE OF 3RD STREET. THOSE ARE OUR ONLY VACANT LAND THAT WE HAVE. NOW, WHEN WE SOLD THE CIVIC AVENUE PROPERTY DIRECTLY NORTH OF US, THAT WAS $10 A SQUARE FOOT. WHEN WE SOLD OUR. PROPERTIES ON HARPER STREET, THAT'S $9 A SQUARE FOOT. WHEN WE SOLD, UH… THE HOTEL SITE. IT WAS PROBABLY ABOUT CLOSER TO $16 A SQUARE FOOT, SO JUST TO BE CONSERVATIVE, I PUT A $10 VALUE JUST TO SEE WHAT THAT WOULD LOOK LIKE. IN TERMS OF DOLLARS. SO, BASED ON THE VACANT LAND. LOOKING AT $10 A SQUARE FOOT, THE VALUE WOULD BE ALMOST $2.8 MILLION. THAT'S JUST VACANT LAND. GO TO THE NEXT SLIDE, PLEASE. THANK YOU. NO, THIS IS PARKING LOT. THERE ARE COMMUNITIES WHO HAVE SOLD THEIR PARKING LOT IF THEY NEEDED THE MONEY, COULD WE SELL OUR PARKING LOT? SURE, BUT I DON'T KNOW WHAT THAT VALUE IS. SO, BUT I DID PUT DOWN ALL THE PARKING LOTS, MOST OF IT IS, UH, IN OLD TOWN. OTHER PARKING LOTS THAT WE HAVE ARE CONNECTED TO A FACILITY, FOR EXAMPLE. WE HAVE A BIG PARKING LOT NEXT TO THE CENTRAL PARK. WE HAVE A BIG PARKING LOT NEXT TO THE MARINA CENTER. BUT THESE ARE PARKING LOTS THAT. COULD YOU SELL IT? SURE, BUT DO YOU REALLY WANT TO? I MEAN, PROBABLY NOT. NEXT SLIDE, PLEASE. AND THE TOTAL… ACREAGE THAT WE HAVE FOR THESE, UH… PARKING IS ABOUT, UH, 4.12 ACRES. NEXT SLIDE, PLEASE. NOW, WE HAVE FOUR FACILITIES, THOUGH. THAT, UH, HAVE STRUCTURES ON IT. SO, 2101 RAILROAD, WHICH IS THE OLD, OLD WINTER, UH, SITE. YES, THAT HAS A… THAT HAS A VALUE. UH, WE OWN THE FIRE STATION THAT'S NEXT TO, UM. UH, SMALL RURAL PARK WHERE FUTURE BUILD UP CURRENTLY OPERATES OUR PROGRAM. UH, WE HAVE THE CALIFORNIA THEATER AND THE CUMBERLAND SURGES ACCESS, WHICH IS DIRECTLY BEHIND IT. IT'S NOT UNUSUAL FOR THEATERS TO BE SOLD AND PURCHASED IN CASE OF NEED. UH, THE REASON WE DON'T HAVE VALUES FOR THIS IS BECAUSE IT COSTS 6,000… ABOUT $6,000 PER APPRAISAL PER PROPERTY. I JUST… UNLESS THE SUBCOMMITTEE REALLY WANTS ME TO GO GET A VALUE, I DIDN'T PURSUE. GETTING ONE. NEXT SLIDE, PLEASE. SO THIS… THIS IS WHERE THE NUMBER CRUNCHING COMES. SO, IF YOU RECALL, WHEN WE ADOPTED THE BUDGET, THE REQUIRED AMOUNT WE NEEDED, BASED ON OUR OPERATING BUDGET, TO HAVE IN OUR RESERVE IS $18 MILLION. $724,056. 10% OF THAT IS ONE POINT… ALMOST 1.9 MILLION. 125% OF THAT IS 2.3 MILLION. BASED ON THE VACANT LAND ALONE, WE HAVE 2.77 MILLION. SO WE HAVE ENOUGH. TO BE ABLE TO USE PROPERTY. AS OUR 10% TO COVER. AND SO THIS WILL BE PART OF THE LARGER CONVERSATION THAT WE'RE PUTTING TOGETHER. THE ONLY ITEM LEFT TO DISCUSS. IS, YOU KNOW, OUR INNER… OUR INNER SERV… OUR INNER SERVICE FUNDS THAT WE WERE… WE'RE CURRENTLY, UM. DOING RECONCILIATION ON AS PART OF OUR YEAR END, SO I'LL BE BRINGING THAT BEFORE THE SUBCOMMITTEE. UH, PROBABLY… WE CLOSE OUR BOOKS NEXT MONTH. SO PROBABLY IN OCTOBER, AND THEN WE CAN HAVE A LARGER DISCUSSION, OR WE CAN HAVE A LARGER DISCUSSION THEN IN PREPARATION FOR A BIGGER DISCUSSION FOR CITY COUNCIL. OPEN TO QUESTIONS. NO, I APPRECIATE YOU DOING THIS WORK SO QUICK. I'M NOT LOOKING AT THE CODE. DO WE HAVE TO SPECIFY WHICH OF WHICH PROPERTIES WE'RE USING? PRODUCT AND PURSUE? IT SAYS DESIGNATED. UH, IT SAYS, REAL PROPERTY OWNED AND DESIGNATED BY THE CITY. I CAN… WHEN DONNA RETURNS, I CAN ASK HER EXACTLY FOR WHAT THAT MEANS, BUT I'M GUESSING. THAT WE WOULD HAVE TO IDENTIFY IT. UH-HUH. I DEFINITELY URGE YOU WITH THE COST FOR APPRAISAL FOR EACH, BUT IF. THEY'RE THE ONES THAT WERE DESIGNATED. WELL, WE CAN TAKE A SAMPLE. SO, WHEN WE WERE… IN THE MIDDLE OF DISPOSITION OF OUR RDA PROPERTY, WE HAD 633 PROPERTY, SO WE TOOK A SAMPLE. IF WE HAVE AN IDEA OF. LET'S SAY ONE PROPERTY IN THIS LOCATION, ONE PROPERTY IN THIS LOCATION, WE CAN GET AN IDEA OF WHAT THE VALUE IS. BECAUSE YOU'RE RIGHT. THAT MANY TIMES THAT MANY, IT GETS PRETTY EXPENSIVE. YEAH, FOR, UH… WE'RE GONNA DESIGNATE PROPERTY. IT'D BE GOOD TO MAYBE GET SOME AERIAL. SCREENSHOTS OF THAT. OKAY. SURE. AND THEN… WELL, LET'S START THERE. OKAY. AND THEN WE CAN GO TO THE ONES WITH THE BUILDINGS ON THEM. AND NARROWED DOWN THE LIST SO WE'RE NOT SPENDING AS MUCH ON APPRAISALS. OKAY. YEAH, BECAUSE WE'D HAVE ENOUGH WITH THE LAND. I MEAN, I JUST WANT TO MAKE SURE THE VACANT LAND MAKES SENSE, RIGHT? LIKE, IF WE'RE… WE'RE SAYING IN A BUY, WE'LL SELL THIS LAND, BUT IT'S LIKE… TALKED AT A COURSE SOMEWHERE WHERE THE LIKELIHOOD OF SOMEBODY BUYING IT IS VERY LOW, THEN I THINK THAT ACTUALLY PETS THE PURPOSE, BECAUSE. YOU KNOW, IN A PINCH, WE NEED TO SELL, LIKE, MAKE SOME MONEY TO FUND, RIGHT? SO, I DON'T WANT TO… JUST TAKE CREDIT FOR SOMETHING THAT. IS GOING TO BE DIFFICULT TO SOLVE. I MEAN, I THINK IF… AND LOOK… BECAUSE I'VE SEEN THE AERIALS, AND I WILL GET YOU AERIALS. BUT IF YOU LOOK AT THE LIST OF VACANT LANDS, THE ONLY TWO THAT ARE. ARE SOMEWHAT FUNKY. FOR LACK OF A BETTER DESCRIPTION, ARE THE 357 AVALON. IT'S A… IT'S A SMALL LOT IN THE MIDDLE OF THE NEIGHBORHOOD, BUT COULD SOMEBODY BUILD SOMETHING SMALL ON IT? SURE. AND THEN THE OTHER ONE IS, UH, THERE'S THIS PROPERTY ALONG BUCHANAN THAT'S BEHIND A FENCE. AND IT'S SHAPED FUNNY, BUT… IT LOOKS LIKE, AT LEAST FROM THE AERIAL, AND IF YOU DROP DOWN TO THE STREET, IT LOOKS LIKE IT'S BUILDABLE, BUT NOT SURE. BUT FOR SURE, THE TWO… THE PROPERTY ON BLISS, YES. THE PROPERTIES ALONG 3RD STREET, YES. 75 LIST, YES. SO, THOSE ARE DEFINITE, UH, BUILDABLE LAND. SO WHAT I'LL DO IS I'LL GIVE YOU AERIALS SO YOU CAN SEE THEM FOR NEXT TIME, AND WE CAN PICK PROPERTIES THAT WE CAN GET VALUES OFF. ANY OTHER QUESTIONS OR COMMENTS FROM THE SUBCOMMITTEE? JUST TO GET ON THE TIMELINE, SO… I'LL WORK INTO THIS. YEAH, SO… UH, ON THE TIMELINE ON THIS ONE, SO… WITH THIS REQUEST, WE'LL DISCUSS IT AT THE NEXT SUBCOMMITTEE. CONCURRENTLY, FINANCE IS STILL WORKING ON THE YEAR I CLOSE, WHICH I'M THINKING THEY'RE GOING TO BE CLOSED. THEY HAVE TO BE CLOSED BY THE MIDDLE OF. SEPTEMBER, SEPTEMBER 15TH, GOT OUR SUBCOMMITTEE MEETING. IS RIGHT AROUND THAT TIME, OR, LIKE, MAYBE THE WEEK AFTER. THAT'S NOT ENOUGH TIME TO GET ALL OF THE NUMBERS IN. SO WE WILL DISCUSS WHAT THE INTERFUND, UM. THE SERVICE, UH. FUND BALANCES ARE, SO TO MAKE SURE THAT THOSE NUMBERS ARE… HAVE BEEN RECONCILED, AND WE CAN SEE WHAT THE SUBCOMMITTEE IS GOING TO RECOMMEND, WHETHER TO MOVE MONIES AROUND TO FILL SOME OF THE GAPS. AND THEN YOU CAN LET ME KNOW HOW YOU WANT TO PROCEED. TAKING IT TO THE FULL SUB… TO THE FULL CITY COUNCIL. SOMETIME AFTER OCTOBER, SO NOVEMBER AT THE EARLIEST. IT'S A LITTLE BIT OF MUSIC. MADAM CHAIR, ON THE HARBOR IN CALIFORNIA. YES. OH. I NEED TO INTERRUPT SOMETHING TO REHABILITATE IT. I KNOW IT WAS A GAS STATION. I KNOW IT PROPERTIES CONTAMINATED. BUT IS THAT US DOING MY DIVERSE BEING WRITTEN? OUR PROPERTY IS ON THE NORTH. WEST CORNER, AND IT'S BEEN USED AS A STAGE. IT WAS ORIGINALLY ACQUIRED AS A… AS A WAY TO RELIEVE SOME OF THE TRAFFIC ON HARBOR. IT WAS SUPPOSED TO BE A RIGHT TURN LANE, BUT WE'VE BEEN USING IT AS A… AS A… LANDING SITE FOR SOME OF THE CONSTRUCTION THAT'S GOING ON, AT LEAST IT WAS BEING USED AS A LANDING SITE. LONG TERM, IT'S GOING TO BE A STORMWATER RESIN. YEAH. NO, CORRECT, YEAH, OKAY. BUT THAT'S GOT A BIT MORE RIGHT NOW. STORMWATER BASIN. YEAH. I DON'T KNOW IF YOU'VE HEARD, DID YOU HEAR JORDAN? ANY OTHER QUESTIONS? COMMENTS? ALL RIGHT, UM… LET'S SAY I ALREADY KIND OF TALKED ABOUT OUR BUDGET PROCESS, BUT… SO, UH… AGAIN, WE ARE WORKING TO DO A YEAR-END CLOSE. THE GOAL IS TO, UM… HOW ABOUT AUDIT HAPPENED IN OCTOBER. WITH OUR FINANCIAL STATEMENTS GOING TO THE CITY COUNCIL IN DECEMBER. UM, ANY SUBCOMMITTEE? COMMENTS, OR REPORTS? I'M JUST GONNA ASK, UM… A POTENTIAL ITEM FOR NEXT SUBCOMMITTEE MEETING. IF WE COULD LOOK AT UPDATING THE MUNICIPAL CODE REGARDING THE CITY COUNCIL DESIGNATION FOR SALARIES. AND SO, SPECIFICALLY. JUST LOOKING AT IT, THE GOVERNMENT CODE THAT'S CITED IS OUTDATED. BECAUSE I HAD TO CHANGE THE STATE LAW. UM, AND THEN ALSO, IT STATES THAT OUR POPULATION IS 50,000. AND THE WHOLE THING IS BASED ON POPULATION OF… OF THE CITY ZONE. THEY HAVE TO REVIEW THAT. I WAS JUST PRETTY STRAIGHTFORWARD AS… I GUESS I'M LOOKING AT CITY COUNCIL SUMMARY. OKAY. ANYTHING ELSE? YEAH, AND I'M SUPPORTIVE OF SEEING THAT AS THE NEXT, UH… OKAY. WE WILL WORK ON IT. ALL RIGHT, WITH THAT… THANK YOU FOR COMING. FOR THE SUBCOMMITTEE, BUT… DO YOU HAVE, LIKE, 5 MINUTES? YEAH.