Commission of the Program Design april 14th and not to exceed rates on the 17th so thats just some of the activities well be peru have the timeline a lot of other things happening but those restraining order the things were highlighting for your thank you very much. Before you leave the podium any other questions or comments i have a question and this just sort of going back in history for me im going to question the value of buying power contracts 10 years and out which if i understood you correctly is what youre saying youre looking for 10 year 10 Million Contract that is something that i will reserve for comments later and ill be happy to talk about it. Just if we are trying to establish a set price for a longer period of time if you enter into a purchase power agreement if you know how much the power costs for a long term you minimize your risk because youre in the to the market or in the realm of power prices so i think that is what you want to do but not put too much of the power
Agreeing asking the board of supervisors and mayor for authority specifically to standardize contracts much like others participant in the electrical market the western contractor the edison and master agreement that folks in the industry r0u7b9 use what theyre making tracks we have the power pool limited theres amount contract we are looking for the standard forms of contract to be able to be used for our power purchasing for dollars amazes greater than 10 million and duration up to 20 years those are changes to our Current Authority we current im sure youre aware of have to come to the commission and the board of supervisors when any k345ush8g go obligation involves 10 million or 10 years or more with those changes well be able to go out to the marketplace make the procurement decisions that likewise allows us to make xhmdz commitments that have a positive effect on the overhead costs because we can negotiate agreements with a fixed portion of portfolio Going Forward and have the opp
Any announcements . Questions great, thank you at all did first item. Call to order of roll call. Well done a role of sorts of on to item 2. Approval the loovks approval of the minutes for the special meeting colleagues you have the note any questions or comments changes seeing no comments open up for Public Comment on our minutes any Public Comment on this item . And seeing none, Public Comment is closed and if we could have. So i move approval of the minutes. Second by commissioner crews and well need to roll call vote well take that without objection. Okay. Well ago ton to we need a change of order of anything item 3. Item 3 consideration and approval of the final lafco budget for 20152016. Jason fried executive officer the budget is a relatively the same as presented in the budget of last month one small change as discussed at the meeting were going to be changing the process to reinforce the city clerk well be making i paying for it as needed basis this not to exceed rates and als
Well done a role of sorts of on to item 2. Approval the loovks approval of the minutes for the special meeting colleagues you have the note any questions or comments changes seeing no comments open up for Public Comment on our minutes any Public Comment on this item . And seeing none, Public Comment is closed and if we could have. So i move approval of the minutes. Second by commissioner crews and well need to roll call vote well take that without objection. Okay. Well ago ton to we need a change of order of anything item 3. Item 3 consideration and approval of the final lafco budget for 20152016. Jason fried executive officer the budget is a relatively the same as presented in the budget of last month one small change as discussed at the meeting were going to be changing the process to reinforce the city clerk well be making i paying for it as needed basis this not to exceed rates and also weve done an celebrate in determining how much time for the clerk time and how much time to be s
7 and a half million renovation is part of the clean and safe Neighbors Park Fund which was on the ballot four years ago and look at how that Public Investment has transformed our neighborhood. The playground is unique in that it serves a number of age groups, unlike many of the other properties, it serves small children with the childrens play grounds and clubhouses that has basketball courts, it has an outdoor soccer field and so there were a lot of people that came to the table that had their wish list and we did our best to make sure that we kind of divided up spaces and made sure that we kept the old features of the playground but we were able to enhance all of those features. The playground and the soccer field and the tennis fields and it is such a key part of this neighborhood. We want kids to be here. We want families to be here and we want people to have athletic opportunities. We are given a real responsibility to insure that the publics money is used appropriately and that