Monday, April 29, 2013

Briefings, Finances, Pensions, Celebrations, Cops and Cars

I thought this was going to be an easy week, hoping for a reduced schedule so I can whip this darn cold.  Ah, but it is not to be.

First, The City of Costa Mesa finally released another CEO E-Briefing from Tom Hatch, HERE.  Here's a list of what's on it.  Go to the link above for details:

Tuesday, April 30th, there will be a special City Council Meeting in council chambers beginning at 4:30.  You can read the agenda HERE.  It looks like this one is going to be a closed session, from which they typically don't return to report out, but you just never know.

Before that meeting starts, though, the Financial Advisory Committee will meet in Conference Room 1A beginning at 3:30.  The agenda for that one is HERE.  Of note is council member Sandra Genis' Wendy Leece's request to review Business License Fees.  The public is welcome at these meetings.  Since several members are also associated with the Mesa Water District, which is exploring ways to modify their investment policies to include higher-risk investments, and since our committee is exploring using a middle-man to handle some of our investments, these meetings may be enlightening.

Wednesday, May 1, 2013, the brand new Pension Advisory Committee meets, also in Conference Room 1A, but at 4:30.  The announcement is HERE, but no agenda is available now. NOTE: Agenda now available HERE.  I suspect they will elect officers and begin to chart a course for the future.  Perhaps they will discuss the recent announcement by Cal PERS that it has approved employer rate hikes of 50% over the next few years, HERE.  They might also discuss recent announcements like the one HERE, in which the San Jose City Council discovered it cannot afford to bail out of CalPERS for current and former council persons - too costly.  And, they will certainly discuss the announcement last week that CalPERS investments have surpassed prior record highs, HERE.  Should be an interesting launch for this group.

Thursday, May 2, 2013, at 5:30 in the Emergency Operations Center (EOC) adjacent to the Police Station, the 60th Anniversary Celebration Committee will meet again to discuss the fine-tuning of their plans for the launch weekend.  You can read the agenda HERE.  Vice Chair Melinda Lowery will be in charge of this one.

Also on Thursday and overlapping with that meeting is the Tip-A-Cop event at the Claim Jumper at South Coast Plaza.  From 5-9 p.m. the meals at that fine restaurant will be served by members of the CMPD and all tips provided to them will go to the Special Olympics.  And, no, boys and girls.. it doesn't mean you get to push a cop over - as in a popular pastime back in Jim Righeimer country - cow tipping.

Friday, May 3rd, is the latest installment of the First Friday Roadshow - the classic and hot rod show in the City Hall parking lot beginning at 6:00 p.m.  As usual, there will be lots of great classic cars, music and food via a food truck - and it's free (the show, not the food).


And, last but not least, Sunday, May 5th, is the Orange County Marathon!  Go HERE to their website for all the information, start times, road closures, etc.  This should be a very fun event and the weather report calls for a warm weekend, so stay hydrated, folks.

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Anonymous hysteriasweepsCM said...

water district has already invested in the more risky stuff. watch out. they bought fdic backed CD's!! they are really going wild over there. something must be done before they break the bank by investing in such exotic things as these CD's, federally backed. tell your neighbors, call them and let them know you can't sleep because of worrying about this. this is gericault's money we are talking about so is special. his share may not be as large as , say, the water money paid by Nordstrom, or all of SCP or the airport, but it is part of the portfolio. His 96 cents must be protected.

4/30/2013 07:14:00 AM  
Anonymous waterwatcher in HB said...

stay hydrated? have you seen your water rates lately? it costs a penny for 2 1/2 gallons!! back in my day it was free. now yu say water guys are on finance committee? i watch these crooks. they will have the city "saving money for infrastructure" or some other kooky thing before you know it. the infrastructure is there already in case you don't know. idiots.

4/30/2013 07:30:00 AM  
Blogger kwahlf said...

Geoff, thanks for the info on a very busy week in our city. We are looking forward to the OC Marathon this Sunday.
I hope you feel much better soon and get rid of that cold! Claritin-D 12 hr. tablets( take one early in the AM)
are your friends.

5/01/2013 10:04:00 AM  

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