Page 44 - Turlock News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Affecting Holiday Travel. Reporter city crews in pittsburg working to repair a broken water pipe that burst overnight. Well tell you how long this work will take and how many neighbors will be without Running Water. And major delays for caltrain because of an incident near the palo alto station. Mornings on 2 starts now. Well, good morning. Im dave clark. Im tori campbell. Its tuesday, november 20th. Happening now a strike at the port of oakland is disrupting delivery operations. Port workers have also walked off the job at Oakland International airport. We have Team Coverage for you this morn...

Aids is going to lose. Aids is going to lose. Reporter a woman riding her bike along this street in berkeley is shot to death overnight. Well tell you what Berkeley Police are doing this morning to try to track down her killer. Four people are wounded in latenight gunfire near oaklands lake merritt. We have new information on the condition of the victim. Its another stormy morning commute in the bay area. Heavy traffic in richmond and berkeley. What you need to know before you hit the highway. Reporter and the latest storm is hitting the bay area as we speak. Well tell you how businesses, resi...

So, the bonds have an outstanding appropriation authorization in place of a little over 800 million, 821 million. Now, no bonds have been issued against this authority as of yet and, so, this transaction would use up about half of that half of that authorization. Of course, our Capital Planning committee as well as our commission has approved this item. In terms of what well spend the money on, we have commercial Paper Program in place, about 300 million of authorization. Well refund outstanding commercial paper with this transaction. We have three main areas of spending in our capital program...

Still have oversight over it. Can you explain that a bit . Yeah, i think we would recommend that those funds be held on the controllers reserve and we work with the controller to provide reports to the board on expenditures of funds in excess of 100,000 so that it can be done in effect an administrative matter but still reported to the board in a way the board feels like it has full knowledge and ability to control it if there is something going awry. Why dont we go to the budget Analyst Report. [speaker not understood] reported under the proposed ordinance, the initial mitigation agreement be...

100,000 to the budget and finance committee for the same purpose over and over again, that might earn be the best and highest use of our time. Not the puc has come up with alternatives to make sure we still have oversight over it. Can you explain that a bit . Yeah, i think we would recommend that those funds be held on the controllers reserve and we work with the controller to provide reports to the board on expenditures of funds in excess of 100,000 so that it can be done in effect an administrative matter but still reported to the board in a way the board feels like it has full knowledge and...