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FISCAL IMPACT REPORT

Beverly Hills City Council
February 8, 2022

Document
FISCAL IMPACT REPORT
Meeting
February 8, 2022
Body
Beverly Hills City Council
Original file
190 KB
Text extracted from the city's file for reading and search. Open the original on beverlyhills.granicus.com. That file is the official record.

Consent
Agenda Item
Number
Expenditures Revenues
Stated Fiscal Impact
D-1 No New Fiscal Impact
D-2 No New Fiscal Impact
D-3 No New Fiscal Impact
D-4 No New Fiscal Impact
D-5 No New Fiscal Impact
D-6 No New Fiscal Impact
D-7
Accept ordinance to update the City's 2010
campaign disclosure regulations. No material
fiscal impact.

D-8
Approval of the resolutions to amend the
water capacity and water supply fees for the
comprehensive schedule of taxes, fees, and
charges. Fees are collected and used as part
of the Water Enterprise fund.

D-9
Continue to authorize resolution to continue
virtual meetings during the COVID-19
pandemic declared emergency. No new fiscal
impact.

D-10
Adopt a resolution declaring a drought and
promoting water efficiency through increased
education and enforcement of water
conservation measures. No fiscal impact.

D-11
Approve support on the proposal at the
California Public Utilities Commission
regarding changes to the State’s Net Energy
Metering Program. No fiscal impact.

D-12 20,000 $
Approval of amendment to the Agreement
with Rodeo Drive, Inc. and a $20,000
purchase order for a contract total not exceed
amount of $178,332. Budgeted expenditure.

D-13 50,000 $
Approval for a $50,000 appropriation to
expand CVB scope of work, a $50,000
change order for a $3,480,990 total not to
exceed amount, and authorize City Manager
to sign amendment.

City of Beverly Hills
Consent Agenda Fiscal Impact Report
February 8, 2022
Consent
Agenda Item
Number
Expenditures Revenues
Stated Fiscal Impact
City of Beverly Hills
Consent Agenda Fiscal Impact Report
February 8, 2022
D-14 583,133 $ 15,157,723 $
Approve amendment to lease at 331 Foothill
Road. The lease is expected to generate
$15,157,722.83 in revenues and commission
fees of $583,133.21. Funding for the first
installment is a budgeted expenditure and
staff will budget for remaining installments in
the annual budget process.

D-15 2,536,222 $
Approve amendments to agreements for
armed uniformed security services, a
$1,719,180.54 Covered 6 change purchase
order for a total not to exceed amount of
$4,414,872.50, a $817,041.87 Nastec change
purchase order for a total not to exceed
amount of $2,912,549.71, and a
$1,793,743.56 appropriation.

D-16 90,000 $
Approve the installation of a Class II Bike
Lane. The estimated cost is between $80,000
to $90,000. Budgeted expenditure.

Total $ 15,157,723 3,279,356 $

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