CC - 02-28-95APPROVED
MINUTES OF THE REGULAR MEETING BY
ROSEMEAD CITY COUNCIL
FEBRUARY 28, 1995
The regular meeting of the Rosemead City Council was called to order by Mayor
Bruesch at 8:00 p.m. in the Council Chambers of the City Hall, 8838 E. Valley Boulevard,
Rosemead, California.
The Pledge to the Flag was led by Councilmember Vasquez
The Invocation was delivered by Pastor Dennis Alexander of the Church of the
Nazarene
ROLL CALL OF OFFICERS:
Present: Councilmembers Clark, Imperial, Vasquez, Mayor Pro Tern Taylor, and
Mayor Bruesch
Absent: None
APPROVAL OF MINUTES: JANUARY 24, 1995 - REGULAR MEETING
MOTION BY MAYOR PRO TEM TAYLOR, SECOND BY COUNCILMEMBER IMPERIAL
that the Minutes of the Regular Meeting of January 24, 1995, be approved as submitted.
Vote resulted:
Yes: Clark, Taylor
No: None
Absent: None
Abstain: None
Bruesch, Vasquez, Imperial
The Mayor declared said motion duly carried and so ordered.
PRESENTATIONS: - None
1. ORAL COMMUNICATIONS FROM THE AUDIENCE
John Rauth, 4528 Bartlett, Rosemead, expressed his concern over reading in the
newspaper that the City lost $3 million in bad investments and that any bond investment
objective should be toward capital preservation.
Frank Tripepi, City Manager explained that the Council is also concerned about
investing tax payers' dollars, especially those in long term bonds which are subject to interest
rate fluctuation. Mr. Tripepi stated that the Council requested that alternate vehicles be
looked into that are safer. Further, the City did not lose $3 million, but directed the Treasurer
to sell the bonds and purchase a guaranteed investment contract (GIC) with a yield, over 4
years that exceeds what the original portfolio investments were. Mr. Tripepi explained further
that the Agency took an initial loss upon divesting the bonds; however, interest rates had
gone up enough to make up the difference lost in the initial investment. Mr. Tripepi stated
that the Agency has directed the Treasurer to no longer invest in long term bonds.
-districts
Mayor Pro Tern Taylor explained that there are over 180 schooW-and-m ritcipalities that
have lost money in a similar situation and, fortunately, Rosemead will be able to make up the
difference in four years plus an additional $3 million in interest.
Juan Nunez, 2702 Del Mar, Rosemead, requested a copy of the auditor's report. Mr.
Nunez asked about the Rosemead Chamber of Commerce's proposed business assessment
district and whether the Council has to approve the assessment or not.
Mr. Tripepi confirmed that any assessment involving the City will come before the
Council.
CITY O R9S 11IEAD
DATE
CC 2-28-95
Page #1
i
Councilmember Clark stressed that the Council keeps watch on and opposses any
taxes imposed on people during their meetings in Sacramento and Washington, DC.
II. PUBLIC HEARINGS
III. LEGISLATIVE
A. RESOLUTION NO. 95-11 - CLAIMS & DEMANDS
The following resolution was presented to the Council for adoption:
RESOLUTION NO. 95-11
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD
ALLOWING CERTAIN CLAIMS AND DEMANDS IN THE SUM OF $629,411.82
NUMBERED 12156 THROUGH 12274
Councilmember Imperial requested an explanation for Checks No. 12245 and 12203
on Page 7.
Mayor Bruesch requested an explanation on Check No. 12129 and an update on the
graffiti removal costs over the year.
MOTION BY COUNCILMEMBER IMPERIAL, SECOND BY COUNCILMEMBER CLARK that
Resolution No. 95-11 be adopted. Vote resulted:
Yes:
Clark, Taylor, Bruesch, Imperial, Vasquez
No:
None
Absent:
None
Abstain:
None
The Mayor declared said motion duly carried and so ordered.
IV. CONSENT CALENDAR (CC-F AND CC-H REMOVED FOR DISCUSSION)
CC-A ACCEPTANCE OF BIDS AND AWARD OF CONTRACT - ASPHALT
CONCRETE OVERLAY AND STREET LIGHTING IMPROVEMENTS ON
VARIOUS CITY STREETS - CDGB NO..94/95 - P99102
CC-B 1995 4TH OF JULY/CITY ANNIVERSARY CELEBRATION
CC-C AUTHORIZATION TO ATTEND LEAGUE OF CALIFORNIA CITIES
PLANNERS INSTITUTE, MONTEREY, MARCH 22-24,1995
CC-D INSTALL PROTECTED LEFT-TURN PHASING ON WALNUT GROVE
AVENUE AT MARSHALL STREET
CC-E INSTALL 69-FEET OF RED CURB AT 2751-55 N. DEL MAR AVENUE
CC-G AUTHORIZATION TO ATTEND CITY CLERKS ASSOCIATION OF
CALIFORNIA ANNUAL INSTITUTE - VISALIA, APRIL 26-28,1995
MOTION BY MAYOR PRO TEM TAYLOR, SECOND BY COUNCILMEMBER VASQUEZ
that the foregoing items on the Consent Calendar be approved. Vote resulted:
Yes:
Clark, Taylor, Bruesch, Vasquez, Imperial
No:
None
Absent:
None
Abstain:
None
The Mayor declared said motion duly carried and so ordered.
CC 2-28-95
Page #2
6 s
CC-F INSTALL 40-FEET OF RED CURB AT 1050-1096 WALNUT GROVE
AVENUE (PARK VIEW CONDOMINIUMS)
Councilmember Clark asked about the "No Overnight Parking" on Landisview.
Mayor Bruesch responded that that was due to the parking concerns of the residents
about the condominiums being built there in the late 1970's. Mr. Bruesch stated that it was
requested and required by the residents that a "No Overnight Parking" restriction be included
in the approval to check the overflow parking problem that may affect that area.
MOTION BY COUNCILMEMBER TAYLOR, SECOND BY COUNCILMEMBER CLARK, that
the Council approve of installation of forty (40) feet of red curb at 1050-96 Walnut Grove
Avenue. Vote resulted:
Yes:
Clark, Taylor, Bruesch, Vasquez, Imperial
No:
None
Absent:
None
Abstain:
None
The Mayor declared said motion duly carried and so ordered.
CC-H WESTBOUND LEFT TURNS INTO SHOPPING CENTER ON THE
SOUTHEAST CORNER OF GARVEY AVENUE AND RIVER
AVENUE/ROSEMEAD PLACE
Mayor Pro Tem Taylor suggested combining the flexible delineators on Garvey Avenue
east of River as shown in Exhibit B, and install a "No Left Turn" sign for exiting traffic from
the parking lot.
Councilmember Clark noted that Traffic Commissioner Alarcon felt that the delineators
would detract from the beautification that was done on Garvey Avenue. Ms. Clark suggested
installing the "No Left Turn" sign and monitor that intersection.
MOTION BY MAYOR PRO TEM TAYLOR, SECOND BY COUNCILMEMBER IMPERIAL
that Council approve installing flexible delineators on Garvey Avenue and installing a "No Left
Turn" sign on exiting the parking lot onto Garvey Avenue. Vote resulted:
Yes: Taylor, Imperial
No: Clark, Bruesch, Vasquez
Absent: None
Abstain: None
Motion failed.
MOTION BY COUNCILMEMBER CLARK, SECOND BY COUNCILMEMBER VASQUEZ
that the Council approve installation of "No Left Turn" signs as shown on Exhibit C,
Alternative 2, monitor the location for three months and report back to Council at the May 23,
1995 meeting. Vote resulted:
Yes:
Clark, Taylor, Bruesch, Vasquez
No:
Imperial
Absent:
None
Abstain:
None
The Mayor declared said motion duly carried and so ordered.
Councilmember Imperial asked who would be monitoring that location.
Mr. Tripepi responded that the Sheriff's Traffic Units would and Council will receive
a copy of every citation issued at that location.
CC 2-28-95
Page #3
V. MATTERS FOR DISCUSSION AND ACTION - NONE
VI. STATUS REPORTS - NONE
VII. MATTERS FROM OFFICIALS
A. MAYOR PRO TEM TAYLOR
1. Inquired about the status of the financial committee. Mr. Tripepi responded
that that information is still being compiled and hopefully will be available at the next meeting.
VIII. ORAL COMMUNICATIONS FROM THE AUDIENCE
Juan Nunez, 2702 Del Mar Avenue, Rosemead, asked about the concrete surrounding
the manholes on Garvey east of Walnut Grove.
IX. ADJOURNMENT
There being no further action at this time, the meeting was adjourned at 8:35 p.m.
The next regular meeting is scheduled for March 14, 1995, at 8:00 p.m.
Respectfully Submitted:
City Clerk
APPROVED:
e
42yfr
CC 2-28-95
Page #4