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1993/02/09 Community Development Agency Minutes 4 COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK MINUTES February 9, 1993 The Members of the Community Development Agency of the City of Rohnert Park met this date immediately after the City Council meeting at approximately 9:34 p.m. in the City Offices, 6750 Commerce Boulevard, Rohnert Park, with Chairperson Hollingsworth presiding. Call to Order Chairperson Hollingsworth called the meeting of the Community Development Agency of the City of Rohnert Park to order at approximately 9:34 p.m. Roll Call Present: (5) Agency Members Eck, Gallagher, Reilly, Spiro and Chairperson Hollingsworth Absent: (0) None Staff present for all or part of the meeting: Executive Director/City Manager Netter, City Engineer Brust, and Assistant to the City Manager Leivo. Approval of Minutes Upon motion by Agency Member Spiro, seconded by Agency Member Reilly, the minutes of January 26, 1993 were unanimously approved as submitted. Approval of Bills Upon motion by Agency Member Gallagher, seconded by Agency Member Spiro , the bills presented per attached list in the amount of S89,492 . 01 were unanimously approved. Acknowledging The Executive Director/Secretary's report on the posting Exe.Dir./Sec.Report of the agenda was acknowledged. Unscheduled Public Chairperson Hollingsworth stated that in compliance with Appearances State Law, (The Brown Act) , anyone in the audience who wished to make a comment may do so at this time. No one responded. SB 617 and SB 844 Executive Director Netter referred to staff report and Resolution No. 93-01 drafted by staff to authorize and approve a loan from the Low and Moderate Income Housing Set Aside Funds to pay for 50% of the $538,700 . 65 extracted by the State from the Agency. Executive Director Netter also passed out and reviewed with Agency Members reports on the Total Project Funds available and Total Housing Set-aside Funds available. Executive Director Netter indicated that the Housing Set-aside account had a balance of approximately $1.3 million and that the project fund account was estimated to carry a $250,000 deficit after spending all committed funds. COMMUNITY DEVELOPMENT AGENCY/CITY OF ROHNERT PARK MINUTES (2) February 9, 1993 Discussion followed during which Agency Member Gallagher stated she has a problem with taking out of the housing funds and would like to see the loan come from some other account if at all possible. Agency Member Eck stated it seemed to him that the money is being borrowed to, in a sense, protect the Expressway. Nbre discussion followed after which the Council concurred to defer this matter until the last meeting in April . 1992 Grand Jury Report - Agency Members concurred to approve the response to the Grand Jury. '`tischeduled Public Chairperson Hollingsworth asked if anyone in the audience Appearances wished to make an appearance at this time . No one responded. Adjournment There being no further business, Chairperson Hollings- worth adjourned the meeting at approximately 9:45 p.m. 9 .. . ;LA( Deputy Secretary Chairperson