Santa Rosa plans to refinance about $35 million in pension bonds in an effort to control costs and prevent the city credit rating from slipping further.
By locking in historically low interest rates and spending about $4 million to pay down debt, the city expects to save about $870,000 in today’s dollars over the next 12 years, according to Chief Financial Officer Lawrence Chiu.
Sonoma County’s two largest cities appeared headed down divergent energy paths Tuesday, with Santa Rosa vowing to move swiftly toward a decision on whether to join the Sonoma Clean Power Authority the day after Petaluma delayed a decision until at least September.
Santa Rosa is rolling out a web page and mobile phone application called MySantaRosa that make it easier for residents to point out a problem, get answers to common questions or simply make helpful suggestions to City Hall.
Petaluma’s city leaders Monday night dug into the structure and risks of the planned Sonoma Clean Power Authority, an alternative to utility giant PG&E promised to bring a greener product to county residents.
With four cities down and four to go, Sonoma County officials this week enter the second half of their roadshow to convince cities to take part in the county’s planned public power agency.
The presentations are intended to tout benefits and answer questions about the effort to displace Pacific Gas and Electric Co. with an alternative that offers a higher share of energy from renewable sources.
Healdsburg soon will reap extra revenue from a half-cent sales tax increase approved by voters. But how should that million bucks or so be spent? The answer from a survey of residents was overwhelmingly clear: fix the streets.
Santa Rosa’s City Council is planning to tackle some thorny issues in the next two years, including the annexation of Roseland, requiring labor agreements on public projects and relaxing the city’s medicinal marijuana ordinance.
The state political watchdog agency Thursday fined two recently retired Santa Rosa parks and recreation department officials for accepting thousands of dollars in free golf rounds, lessons and merchandise discounts from the operator of the city-owned Bennett Valley Golf Club.
Windsor on Wednesday became the first city to join the Sonoma Clean Power Authority, created as an alternative to PG&E to provide a greener product at competitive, if not cheaper rates.
A new Sonoma organization describing itself as a broad citizens group opposed to a voter initiative to cap hotel development is getting its seed money from the developer whose controversial project could be blocked by the proposed ballot measure.