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Minutes

Financial Performance and Budget Committee
August 12, 2022

Document
Minutes
Meeting
August 12, 2022
Body
Financial Performance and Budget Committee
Original file
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Text extracted from the city's file for reading and search. Open the original on riversideca.legistar.com. That file is the official record.

FINANCIAL PERFORMANCE AND

BUDGET COMMITTEE

MINUTES

CITY OF

RIVERSIDE
City of Arts & Innovation FRIDAY, AUGUST 12, 2022, 1 P.M.

PUBLIC COMMENT IN PERSON/TELEPHONE

ART PICK COUNCIL CHAMBER
3900 MAIN STREET
PRESENT: Chair Hemenway, Vice Chair Cervantes, and Member Fierro ABSENT: None
STAFF PRESENT: Carmen Soto, Matthew Taylor, Jonathan Marks, Ben Hathaway, Miguel Lujano, Chris Christopoulos, Kristie Thomas, and Mitch Mason Chair Hemenway convened the meeting at 1:00 p.m.

ORAL COMMUNICATIONS FROM THE AUDIENCE
Jennifer Gamble spoke on creating more historic districts and requested that the Committee review the need for a Historic Preservation Officer and the revenue from increased Mills Act applications.

REQUEST FOR PROPOSAL 2188 BY OUTFRONT MEDIA FOR CITYWIDE OUTDOOR DIGITAL

MEDIA SIGNAGE PROGRAM AND BILLBOARD ADVERTISING TO GENERATE REVENUE FROM

CITY-OWNED PROPERTY
Following discussion, it was moved by Member Fierro and seconded by Member Cervantes to direct staff to (1) prepare Request for Proposal (RFP) that updates the scope of services to ensure (a) a comprehensive sign program (b) replace "or with "and" for proposal to read "Freeways and Arterial signs" (c) descriptive language to encourage respondents to choose highly likely successful locations (d) application process for declassification eligibility or justification (e) plans to respond to neighborhood concerns and opposition and (f) State mandates on advertising; (2) explore the possibility of bifurcating signs; (3) eliminate identified locations not viable and less likely to succeed; (4) provide map of recommended locations; and (5) return to Committee with proposed RFP for review. The motion carried unanimously.

BUSINESS TAX DISCOVERY PROGRAM
Following discussion, it was moved by Member Fierro and seconded by Vice Chair Cervantes to (1) receive an update on the current status of the City's Business Tax Discovery program and overall compliance rate; (2) recommend the City Council approve and implement the amnesty program Option 3 - Collect Back Taxes, no Penalties; (3) recommend to the City Council to direct staff to implement standard procedures for all new discoveries following the amnesty program timeframe in FC-19

FINANCIAL PERFORMANCE AND

BUDGET COMMITTEE

MINUTES

CITY OF

RIVERSIDE
City of Arts & Innovation FRIDAY, AUGUST 12, 2022, 1 P.M.

PUBLIC COMMENT IN PERSON/TELEPHONE

ART PICK COUNCIL CHAMBER
3900 MAIN STREET
compliance with the Riverside Municipal Code, including assessment of penalties and back taxes; and (4) direct staff to return to the Financial Performance and Budget Committee in one year to provide an update on the outcome of the amnesty and discovery program and report on the resulting revenue enhancements. The motion carried unanimously.

ITEMS FOR FUTURE COMMITTEE CONSIDERATION
Member Fierro requested a report on the creation of historic districts made during Public Comment. Chair Hemenway requested a study on what opportunities may be lost by not being able to create more historic districts.

The meeting adjourned at 2:17 p.m.

Respectfully submitted,
Capo

CARMEN SOTO
Deputy City Clerk
FC-20

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