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Minutes 76-06-02MINUTES OF AN ADJOURNED REGULAR MEETING OF THE CYPRESS CITY COUNCIL HELD June 2, 1976 The adjourned regular meeting of the Cypress City Council was called to order at 4:35 p.m. on Wednesday, June 2, 1976 in the Administrative Conference Room, 5275 Orange Avenue, Cypress, California, Mayor Alice MacLain presiding. PRESENT: ABSENT: Councilmen Harvey, Hudson, Sonju and MacLain Councilman Lacayo The City Council held general discussion regarding the format of the program budget and requested the Finance Department to prepare additional information regarding the cost of maintaining the City buildings and to summarize the expenditures by department and functions in addition to the specific programs which are outlined in the preliminary budget document. The Council also suggested that the revenues and expenditures be identified on a pie chart diagram. The Council further requested a copy of the City equip- ment inventory. The Council proceeded to review the Recreation and Park District programs and concurred in the recommendation of the Recreation and Park Commission to fund the capital projects from the General Fund of the District, leaving the remaining funds from the Park Bond issue for the projects which have been identified as Park Bond projects. The City Council was advised that the payment of the Park Bond principal and interest for 1976-77 would require a 13 cent tax rate which is two cents lower than the tax rate required in 1975-76. The City Council continued discussion on the Planning, Building, Public Works and Capital Improvement portions of the preliminary budget. In each of these budgets, the Council was advised that the former funds from the CETA program would be available and would be inserted in the appropriate programs in the final budget document. This action will reduce the amount of General Fund monies required for personnel costs and will increase the estimated budget reserve. ADJOURNMENT: It was moved by Councilman Hudson, seconded by Councilwoman Sonju and unanimously carried to adjourn the meeting at 10:45 p.m. to Thursday, June 3 at 4:30 p.m. in the Administrative Conference Room. MAYOR OF ~HE CITY OF CYPRESS ATTEST: CITY CLERK OF THE CITY OF CYPRESS