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Council Approves Budget, Selects Downtown Designer

Budget, downtown architect approved, victims mourned

by Brian Simon

An $86.3 million budget, reflecting a slight decrease in revenue, was unanimously adopted by the El Segundo City Council Tuesday night. Revenues for 2001/01 fiscal year are expected to decline due to a decrease utility user tax revenue from heavy industrial natural gas users because gas prices have declined. The city also anticipates a decrease in hotel occupancy taxes. Area hotels are reporting sharp drops in business because of last week’s terrorist attacks

Mayor Mike Gordon described the $7.5 million for capital improvements are an investment in El Segundo’s core and quality of life. He noted that the capital improvements funds for park upgrades, sewer pumps, traffic signal work on Sepulveda Boulevard, sidewalk improvements and the Community Center design were all culled from business development revenues.

Tuesday night, the council also approved the architectural firm of Lawrence R. Moss and Associates for the Downtown Specific Plan improvements. Its bid price was $370,880, or roughly 10 percent of the Downtown Plan’s estimated $3.7 million cost.

In other action: