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COUNCIL COMMUNICATION
AGENDA TITLE: Discussion And Possible Action Related To Obtaining The Additional Opinion Of
The PCE/TCE (Environmental Abatement Program) Matter
MEETING DATE: October 1, 2003
PREPARED BY: City Clerk
RECOMMENDED ACTION: That Council further discuss the parameters and formulation of
specific questions to be addressed in the additional opinion of the
Environmental Abatement Program, as well as the process that
Council would like undertaken to select the individual or firm to provide the opinion; and take appropriate
action, if desired.
BACKGROUND INFORMATION: At the City Council meeting of September 17, 2003, by a 3-2 vote,
Council adopted a motion to officially seek a professional evaluation /
additional opinion on the following matters related to the
Environmental Abatement Program:
1. Financial agreement (with Lehman Brothers, Inc.); evaluation to include possible ramifications to the
City of various scenarios that could occur;
2. Determine other potential options and strategies that the City could pursue in regard to the PCE/TCE
litigation; and
3. Valuation of the City's current strategy.
Also during the meeting of September 17, Council Member Hansen suggested, with the concurrence of
Mayor Hitchcock, that a future meeting be scheduled to further develop and refine questions that Council
would like answered as part of the additional opinion. Pursuant to this request, the matter now appears
before Council for discussion and possible direction.
FUNDING:
SJB/J,mp
None required.
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Susan J. Blacksto
City Clerk
APPROVED:
H. Dixon Flynn -- City Manager