Tuesday, May 21, 2013

The council approved hiring law firm Cotchett, Pitre & McCarthy to file a civil lawsuit on a contingent-fee basis, meaning the firm only gets paid if the city wins or settles. The decision passed 5-2, with Myrick and Rogers voting no, though the city has not disclosed the lawsuit's target or claims.

The council voted down a contract with Bay Area Fireworks for a July 3rd fireworks show at Marina Bay Park. No contract amount was specified in the agenda materials for the failed proposal.

The council approved a formal position supporting a campaign to remove commercial properties from Proposition 13, which currently limits property tax increases to 2% annually. The measure passed 4-2, with Bates and Boozé voting no and Myrick abstaining.

The council approved refinancing up to $45 million in city bonds to reduce interest costs, similar to refinancing a mortgage when rates drop. The refinancing could lower the city's annual debt payments and free up money for other services.

The council approved 24 routine items on consent, including a $175,000 contract to replace North Richmond Ballfield lighting, $89,421 for license plate readers, and accepting a $413,000 grant for the Dornan Drive Tunnel Project.