MINUTES OF THE SPORTS AND OPEN SPACE AUTHORITY OF
THE CITY OF SANTA CLARA FOR MEETING
HELD ON TUESDAY EVENING, JANUARY 25, 2011

 

 

     The Sports and Open Space Authority of the City of Santa Clara met at 8:21 pm, on the above-mentioned date, for the regular scheduled meeting in the City Hall Council Chambers.

 

 

 

     Present:  Authority Members Lisa M. Gillmor, Will Kennedy, Patrick Kolstad, Patricia M. Mahan, Jamie McLeod and Kevin Moore and Chairperson Jamie L. Matthews.

 

 

 

     MOTION was made by Kennedy, seconded and unanimously carried, that, per the Director of Finance, SOSA’s memo (01/13/11), the Authority set the following 2011 dates during the regular scheduled Council/Agency/Authority meetings for the proposed 2011-12 Annual Budgets: May 10 - Joint Study Session to review significant capital improvement projects; May 17 - Joint Study Session to review the proposed Five Year Financial Plan and Capital Improvement Project Budget; May 24 - Joint Study Session to review the proposed 2011-12 Operating Budget; June 14 - Public Hearing to consider the approval of the Fiscal Year 2011-12 Annual Budgets, including the Redevelopment Agency, Sports & Open Space Authority, Community Development Block Grant (CDBG), Federal Home Program and Municipal Fee Schedule.

 

 

 

     MOTION was made by Kennedy, seconded and unanimously carried, that, per the Director of Finance, SOSA’s memo (01/11/11), the Authority accept the Outstanding Debt Schedule as of December 31, 2010 for the City of Santa Clara, its Agencies and Corporations including the City's share of various Joint Power Agency debt.

 

 

 

     MOTION was made by Kennedy, seconded and unanimously carried, that, per the Director of Finance, SOSA’s memo (01/11/11), the Authority approve the Annual Investment Policy Statement for the City of Santa Clara, its Agencies and Corporations.

 

 

 

     MOTION was made by Kennedy, seconded and unanimously carried, that there being no further business, the meeting was adjourned at 8:23 pm to Tuesday evening, February 8, 2011 at 7:00 pm for the regular scheduled meeting in the City Hall Council Chambers.

 

 

 ATTEST:  ________________________

             Secretary

 

 

 

APPROVE: ________________________

            Chairperson