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HomeMy WebLinkAboutMinutes 10-27-20 Regular MeetingI:Ih11TES OF THE CITY COUNCIL OF THE CITY OF DOWNEY REGULAR MEETING OCTOBER 27, 2020 The City Council of the City of Downey held a Regular City Council Meeting on October 22 2020, at 6:38 p.m., in the Council Chamber of the Downey City Hall, 11111 Brookshire Avenu Downey, California, with Mayor Pacheco presiding. i WAg-J=uTk werew Am I kyj M, I• Blanca Pacheco Mayor Claudia M. Frometa Mayor Pro Tern Sean Ashton Council Member (teleconference) Rick Rodriguez Council Member Alex Saab Council Member ALSO PRESENT: Gilbert Livas, City Manager John Oskoui, Assistant City Manager Yvette M. Abich Garcia, City Attorney Vaniah De Rojas, Assistant to the City Manager Dean Milligan, Chief of Police Mark Gillaspie, Fire Chief Aldo E. Schindler, Community Development Director Anil Gandhy, Finance Director Delfino Consunji, Public Works Director James McQueen, Human Resources Director Jason Chacon, Recreation Manager Alicia Duarte, CIVIC, City Clerk The Invocation was delivered by Council Member Rodriguez. The Pledge of Allegiance was I by Michael Calvert, Executive Director of the Downey Chamber of Commerce. i • 1. Mayor Pro Tern Frometa presented a Certificate of Appointment to Irma Saavedra, Library Advisory Board, District 4. 2. Mayor Pacheco presented a Certificate of Appointment to Michael Murray, Independent Citizens' Oversight Board, District 1. 3. Presentation to the City of Downey from Ben Sandoval, Administrator, Southeast Los Angeles County Workforce Development Board. CITY COUNCIL MEMBER ANNOUNCEMENTS; REQUESTS FOR FUTURE AGENDA ITEMS; CONFERENCE/MEETING REPORTS City Council Minutes Regular Meeting - October 27, 2020 0 OEM$ 0 1 0 6 15601,10 K14 IL01 9 11 R2 to] W*� Le I h 4 Le I a rc 1 1-0, Council Member Ashton welcomed the audience to the meeting. He mentioned Day Lig Saving takes place Sunday and reminded the audience to set their clocks back one -hour. i5ncouraged those planning to partake in trick -or -treating to practice social distancing protocols. announced the Mobile Vote Center will open October 31, 2020 at the Metro's Green Line Station Lakewood Blvd. I Council Member Rodriguez welcomed the audience to the meeting. He reported attending the grand reopening ceremony for the 99 Cents Only Store located at Stewart and Gray Rd. and Paramount Blvd. He stated the number of COVID-19 cases is rising and encouraged the public to follow safe health protocols. Mayor Pacheco welcomed the audience participating in the meeting. She reported attending the grand reopening ceremony for the 99 Cents Only Store and the virtual ASPIRE Afterschool Program. She commented regarding how well the students navigate through the ZOOM session. She announced upcoming events: Candy Crawl event, virtual Spooky Science event, drive in movie night at Downey Adult School, and a virtual Dia de los Muertos event. She reminded the audience to vote and provided the Vote -By -Mail Drop Box and Vote Center locations. She encouraged the audience to continue to follow safe health protocols. She requested additional Police presence in the neighborhood of the Hully Gully on weekends. She asked staff to address red light traffic signal violations at the intersection of Stewart and Gray Rd. and Brookshire Ave. • 10[s] NDA PUBLIC COMMENT Mayor Pacheco asked City Clerk Duarte if there was anyone on the teleconference line w would like to comment on Non -Agenda items. Mayor Pacheco asked City Clerk Duarte if any writt public comments were received regarding Non -Agenda items. I Armando Herman, resident, commented regarding COVID-19, following safe health practice and public officials. I Lee Squire, resident, commented regarding following safe health practices and Veteran's Day event. ��141 ills WQ Members Rodriguez and Saab for the improvements they brought to the City and their years of service to the community. Lou P. Cruz, non-resident, submitted written comments regarding rent control and the Statewide rent control ordinance providing caps on annual rent increases by 8%. City Council Minutes Regular Meeting - October 27, 2020 2 Brian Medina, non-resident, submitted written comments regarding TreePeople's L.A. Irba77 Soils online survey. Tanya Moreno, resident, submitted written comments regarding the 1-605 Corridor Improvement Project's impact on the Downey community. Tiame Osekby, non-resident, submitted written comments regarding the November 3, 2020 Election and in opposition of Measure 16. Mike Ray, resident, submitted written comments regarding the illegal activities of the patrons at the Hully Gully Dance Club and the surrounding neighborhood. Vera Robles DeWitt, President of the Water Replenishment District, submitted written comments regarding measures the Water Replenishment District has implemented to ensure Downey residents have access to safe high quality water, protecting groundwater basins, and replenishing groundwater supplies to ensure the basins maintain healthy water levels. She introduced the Wind Initiative, an advanced water treatment facility that creates a resilient water future for the region. Mayor Pacheco asked City Clerk Duarte if there were any written comments received regarding Consent Calendar items. Mayor Pacheco asked City Clerk Duarte if there was anyone on the teleconference line who would like to comment on Consent Calendar items. 6.1 L• MW I I zo- V014-1;N $I M" A-16 0 q It was moved by Council Member Saab, seconded by Mayor Pro Tern Frometa and carried 5-0 to approve the remainder of the Consent Calendar with Mayor Pro Tern Pacheco abstaining from Item No. 9. 310i� ripl 11, 2. WARRANTS ISSUED: Warrant Nos. 346985 — 347296 EFT Nos. 10191 — 10218; Payroll Wi Nos. 30004040 — 30004044; and, Manual Wire Nos. 2061 — 2064, in the total amount of $5,310,980.96: Finance. i 3. ACCEPTED WORK FOR WELL NO. 10 REHABILITATION; APPROVED FINAL CONTRACT AMOUNT OF $152,914; AND, AUTHORIZED THE DIRECTOR OF PUBLIC WORKS/CITY ENGINEER TO FILE NOTICE OF COMPLETION (MISCELLANEOUS PROJECT NO. 336): Public Works. 4. ACCEPTED WORK FOR WELL NO. 5 REHABILITATION; APPROVED FINAL CONTRACT AMOUNT OF $135,944; AND, AUTHORIZED THE DIRECTOR OF PUBLIC WORKS/CITY ENGINEER TO FILE NOTICE OF COMPLETION (MISCELLANEOUS PROJECT NO. 337): Public Works. City Council Minutes Regular Meeting — October 27, 2020 3 contribution of CalPERS reportable compensation; in 2013 the Governor created a new tier and thi� City also created a second -tier retirement formula, Public Employee's Pension Reform; and, in June, 2020 third party actuary was engaged to review the City's pension plan to provide options. Payments 2re projected to increase approximately 39% over the next 10 years causing the debt to becom�,! unsustainable. He provided a brief overview of the Pension Obligation Bond, primary risks and actual historical interest rate and market trends, bond objectives and estimated annual gross $54.6 million c,avings, and various stress test scenarios. City Manager Livas stated the stress test was not forecasted merely on current market conditions rather various interest rates were compared and scenarios were conducted even if CalPERS doesn't achieve their forecast of 7%, if only 4% is achieved the City would still save over the course of CalPERS lifetime. The purpose of conducting the stress tests is to provide Council assurance even with a probability of the inherent risk would still leave the probability of 80% present value savings. Council Member Saab inquired what has been the lowest percentage for CalPERS. Direct" Gandhy confirmed CalPERS fell as low as . 11 % for one year with a high of 20%; however, the test w based on a 23 year term. He stated even under distress scenarios, the City will be in a mo advantageous position with a Pension Obligation Bond than without one. Mayor Pro Tern Frometa thanked Director Gandhy for the presentation and stated given the potential financial uncertainty an estimated savings of $55 million over the proposed time period would be ideal for the City. Mayor Pacheco asked City Clerk Duarte if there was anyone on the teleconference line wfr* would like to comment on Item No. 10. Mayor Pacheco asked City Clerk Duarte if there were a written comments received on Item No. 10. Mayor Pacheco asked if there was anyone present w would like to comment on Item No. 10. Lee Squire, resident, commented regarding the Pension Obligation Bonds and setting aside bonds in a Section 115 trust, and the City property sales. Brian Heyman, resident, thanked Director Gandhy for an excellent presentation. He commented in support of issuing the Taxable Pension Obligation Bond, Series 2021. It was moved by Mayor Pro Tem Frometa, seconded by Council Member Saab and carried 5-0 to introduce an ordinance of the City Council of the City of Downey authorizing the issuance and sale of its Taxable Pension Obligation Bonds, Series 2021, in an aggregate amount not to exceed $150,000,000, to refund a portion of the City's obligation to the California Public Employees' Retirement System, and authorizing the execution and delivery of a First Supplemental Trust Agreement, a Bond Purchase Agreement and a continuing Disclosure Certificate and the preparation of an official statement and other matters related thereto It was moved by Mayor Pro Tern Frometa, seconded by Council Member Ashton and carried 5- 0 to authorized the City Manager, the Assistant City Manager, and/or the Finance Director to execute the following documents, and any other related documents, necessary to issue the Taxable Pension Obligation Bonds, Series 2021, provided the principal amount does not exceed $150 million: a. First Supplemental Trust Agreement b. Preliminary Official Statement (contains Appendix F) C. Bond Purchase Agreement the continuing Disclosure Certificate at City Council Minutes GUNNF41H lfiayor Pacheco adjourned the Regular City Council Meeting at 8:00 p.m. in memory of Sergeant Harry Cohen, Riverside Sherriff Department, who died while on duty; Cesar Arboleas, longtime Downey resident; Robert Pacheco, longtime Downey resident; and, the lives lost due to COVI 11 cLALJbIA-M. FROMEI-A City Clerk Mayor City Council Minutes Regular Meeting — October 27, 2020 6