20230315 Business and Industry Commission Minutes (Special)MINUTES
VERNON BUSINESS AND INDUSTRY COMMISSION
SPECIAL MEETING
THURSDAY, MARCH 15, 2023
COUNCIL CHAMBER, 4305 SANTA FE AVENUE
CALL TO ORDER
Chair Sachdeva called the meeting to order at 3:34 p.m.
FLAG SALUTE
Chair Sachdeva led the Flag Salute.
ROLL CALL
PRESENT:
Duncan Sachdeva, Chair
Hector Morfin, Vice Chair
Cathy Browne, Commissioner
Thomas Condon, Commissioner
Douglas Williams, Commissioner
ABSENT:
Jack Cline, Commissioner
Crystal Larios, Commissioner
STAFF PRESENT:
Zaynah Moussa, City Attorney
Lisa Pope, City Clerk
Scott Williams, Finance Director
APPROVAL OF THE AGENDA
By acclamation, the Commission approved the agenda.
PUBLIC COMMENT
None.
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RECESS
Chair Sachdeva recessed the meeting at 3:37 p.m. The meeting reconvened at 4:16
p.m. with all Commissioners present except Commissioners Cline and Larios.
PRESENTATIONS
1. Sales and Property Tax Revenue Update
Recommendation: No action required by Business and Industry Commission. This is a
presentation only.
Finance Director Williams presented the staff report.
In response to Commission questions, Finance Director Williams provided the
estimated revenue from the Sales Tax and Property Tax; discussed the portion of
property tax received by the City, impacts to real estate values and interest rates from
the pandemic, current reserves, road repair street maintenance amount, and the City’s
sales tax revenue share.
The Commissioners expressed a desire to assist the City in its efforts to secure
additional property tax revenues, considering the inequity of distribution of sales and
property tax revenues.
CONSENT CALENDAR
MOTION
Commissioner Condon moved and Commissioner Browne seconded a motion to
approve the Consent Calendar. The question was called and the motion carried 5-0,
Commissioners Cline and Larios absent.
The Consent Calendar consisted of the following item:
3. Approval of Minutes
Recommendation: Approve the July 14, 2022 Special Business and Industry
Commission meeting minutes.
NEW BUSINESS
3. General Fee Schedule Update for Fiscal Year 2023-24
Finance Director Williams presented the staff report.
MOTION
Vice Chair Morfin moved and Commissioner Condon seconded a motion to receive and
file the proposed general fee schedule that will be presented to Council for adoption on
April 4, 2023. The question was called and the motion carried 5-0, Commissioners Cline
and Larios absent.
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ORAL REPORTS
4. Brief Reports, Announcements, or Directives to Staff
None.
ADJOURNMENT
With no further business, Commissioner Sachdeva adjourned the meeting at 4:55 p.m.
________________________
DUNCAN SACHDEVA, Chair
ATTEST:
_________________________
LISA POPE, Secretary
(seal)
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