City Council Trying To Bridge Financial Gap

There isn't much on the agenda for the Larkspur City Council's first meeting since the Nov. 8 election. There is one historic item, however.

Jon and Carol Knorpp will receive special recognition from the City for their extraordinary efforts to preserve their 115-year old home on Walnut Avenue. This is only the third Historic Preservation Award to be bestowed by the city, and the first for a private residence.

The first two awards were given out last year to the owners of the Lark Theater and the owner of the downtown commercial space at 465 Magnolia Ave.

The City Council will also consider using nearly $3.26 million from the Bon Air Bridge fund to pay for California Public Employees' Retirement System side funds. Many cities, including Larkspur, are trying to find ways to fulfill their requirements to CALPERS while maintaining a balanced budget, which by all accounts hasn't been an easy task.

Mayor Larry Chu says the payment to the CALPERS side funds would save the city $1.1 million over the next 10 years.