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From YouTube: 10-11-2016 City of Inglewood Council Meeting
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A
B
B
C
B
C
Agent,
no
council,
Dodson
I
Padilla,
hi,
Morales,
I,
Franklin,
I,
mayor
buds,
I.
C
E
C
Just
wanted
to
remind
people
that
October,
the
24th
is
the
last
day
to
register
to
vote
and
early
voting
has
started.
And
if
you
are
voting
by
mail
and
want
to
drop
your
ballot
off,
you
can
drop
it
off
in
the
City
Clerk's
office,
monday
through
friday,
from
732
530,
except
for
the
friday
that
we're
closed
Thank.
A
Thank
you
mayor
just
give
a
brief
treasurer's
report.
As
of
august
31st,
2016
and
again,
there's
copies
on
the
table
outside
for
the
city
being
up
with
the
funds
under
management
is
79,
million's,
550,
2962
dollars
and
the
gross
investment
interest.
Earnings
is
41,000
$42
66,
sir
agency
98
million
eight
hundred
twenty
six
thousand
seven
hundred
six
dollars
and
the
debt
service
goes
investment
interest.
Earnings
is
13,000,
829,
Housing,
Authority,
101,000,
371,
public
finance,
13
million
three
534
245
dollars,
and
the
total
funds
on
the
management
is
192
million.
D
A
And
again,
these
are
the
bonds
are
secured
by
lease
payments
made
by
the
city
of
mega
wood
for
use
and
occupancy
of
lease
assets
and
the
leased
assets
or
the
city
hall
emergency
operation
center,
a
police
building
the
city,
main
library
and
surface
parking.
So
that
is
good
news
and
also
I
know
that
our
2007
bonds
are
being
now
refinance
and
we
can
renegotiate
those
because
they
carry
interest
rates
from
three
or
four
three-and-a-half
to
seven
and
a
quarter
percent.
A
So
that's
going
to
be
very,
very
good
news
to
get
some
of
those
refinance
and
I
would
like
to
mention
regarding
market
news.
The
30-year
Treasury
yield
is
also
moving
higher
today
to
249
from
1.84,
and
the
30-year
note
did
dive
to
Lourdes
in
July
the
eighth
to
two
point
11,
but
it
is
now
2.98
and
also
gold
and
silver
is
also
dropping,
go
down
to
12,
57
and
silver
to
seventeen
and
a
half.
That
concludes
my
comments
in
my
report.
Thank.
D
F
E
Mayor
just
wanted
to
say
I
had
an
opportunity
last,
I
believe,
is
wednesday
night
to
attend
the
parks
and
recs
meeting,
and
we
also
recognized
a
youth
commission.
So
it
was
very
lightning
and
very
comforting
to
see
how
many
of
our
youth
are
involved
and
engaged
in
what's
happening
here
in
the
city
of
inglewood.
So
we're
we're
looking
at
very
promising
Thank
you
Thank
You.
D
To
mention
two
things:
we
had
to
be
strong,
livestream
telecast
with
the
speaker,
Nick
Buddha
check
a
young
man
that
was
born.
You
know
with
no
arms
and
no
legs
talking
about
the
impacts
and
and
self-esteem
anti-bullying.
There
were
about
five
thousand
children
present
at
the
forum
for
the
event,
and
it
was
streamed
probably
to
a
million
people
from
here
in
the
city
of
Inglewood.
D
I
never
saw
children
so
enraptured
by
anyone
that
wasn't
a
rap
star
rock
star,
and
today,
Pepe
Aguilar,
donated
about
five
thousand
dollars
with
the
musical
instruments
drew
two
children
of
promise.
Preparatory
Academy,
which
is
down
on
a
hundred
eleventh
Street,
I,
believe
of
112
off
of
crenshaw
and
Councilman
Franklin
and
counsel
and
datsun
attended
as
well.
And
that
concludes
my
report.
We're
adjourned.