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<br /> <br /> <br />To: Honorable Mayor Adams and City Council <br /> <br />From: Julie Feier, City Manager <br /> <br />Date: December 28, 2007 <br /> <br />Subject: Weekly Update <br /> <br />Citizens Financial Advisory Task Force (CFATF) <br />The has been working with City <br />staff since June of 2007. The culmination of their meetings is included in the attached <br />report. The report will also be available online. Several areas were reviewed to <br />increase efficiencies, reduce subsidies, identify target areas for reduction and generate <br />revenue. The committee members reviewed a substantial amount of information in a <br />short period and we are grateful for their expertise and time. Task Force members <br />included Ed McCarthy, Larry Nolan, Carl Kuebler, Larry Self, Stacy Clay and John <br />Solodar as Chairperson. Their work will be of tremendous assistance as we head into <br />the ’09 Fiscal Year. The appointees were asked to provide feedback to the City <br />Manager on a number of difficult topics and their advice has been invaluable, thank you <br />again to the Task Force Members, Deputy City Manager Janet Watson, and <br />Department Directors for assisting with background and recommendations for the <br />group. <br /> <br />At our request, Director of Community Relations and Local Government Affairs for <br />WU’s <br />Washington University, Cheryl Adelstein, prepared a document outlining <br />partnerships with University City <br /> and the University City School District. Please find <br />a copy of the report attached. I have also included a general overview of their property <br />assessment data. <br /> <br />The Community Development Department prepared a development RFP for the <br />Delmar and I-170 known as Wyncrest <br />property at . The document is still under review <br />by the Community Development Director and the owners, Bentall. The owners have <br />expressed an interest in proceeding with a development and we are awaiting feedback <br />from them. In the interim, please review and provide any feedback regarding the <br />document by January 11. <br /> <br />Olive Blvd. & I-170 <br />The poor weather over the last few days caused delay in the <br />Intersection opening planned last week. Here is the revised schedule as of this <br />afternoon from Millstone Bangert: <br /> <br />