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1993/05/11 Community Development Agency Minutes COMvUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK MINUTES May 11, 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 9:47 p.m. in the City Offices, 6750 Commerce Boulevard, Rohnert Park, with Chairperson Hollingsworth presiding. ra11 to Order-Chairperson Hollingsworth called the meeting of the Community Development Agency of the City of Rohnert Park to order at approximately 9:47 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. (City Attorney Flitner was absent due to attendance at City Attorneys' conference in San Diego. ) approval Upon motion by Agency Member Spiro, seconded by Agency Member of Reilly, the minutes of April 27, 1993 were unanimously approved Minutes as submitted. approval Upon motion by Agency Member Gallagher, seconded by Agency of Member Spiro, the bills presented per attached list in the amount of Bills $188,655.76 were unanimously approved. kcknowledging The Executive Director/Secretary's report on the posting ?xe.Dir./Sec.Report of the agenda was acknowledged. ..hscheduled Chairperson Hollingsworth stated that in compliance with State Law, Public (The Brown Act) , anyone in the audience who wished to make a comment kppearances may do so at this time. No one responded. over Apartments ribbon cutting in June or July - Executive Director Netter reviewed contents of staff memo provided to Agency inquiring about Agency interest to have a joint ribbon cutting ceremony for Tower apartments. Agency agreed it would be more appropriate for Burbank Housing to invite Agency Members to the ceremony, in either June or July. bank Housing Development Corp. regarding affordable housing proposal on Santa Alicia Drive (Faith Presbyterian Church property) - Executive Director Netter said copies were provided to Council of memorandum letter with relative attachments from Burbank Housing regarding the referenced affordable housing proposal . Executive Director Netter, Assistant to the City Manager Leivo, and Nick Stewart, Housing Development Specialist for Burbank Housing Development Corporation shared details pertaining to contents of the referenced material and responded to various Agency questions explaining tonight ' s request for Agency consideration of the proposed separate note in the amount of $60,000 with an accompanying Assignment Agreement for the rights of Burbank Housing to purchase the property. COMMUNITY DEVELOPMENT AGENCY/CITY OF ROHNERT PARK MINUTES (2) May 11, 1993 Following discussion, during which concerns were expressed related to Burbank Housing' s progress in securing the financing and the possibility of the Community Development Agency being left without a project after expending $60,000. It was the consensus of the Agency to have Burbank Housing check to see if the $60,000 could be advanced from CDBG and, if not, then bring the item back to the Agency for further consideration. Resolution A RESOLUTION OF THE COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF No.93-02 ROHNERT PARK AUTHORIZING AND APPROVING A LOAN FROM THE LOW AND MODERATE INCOME HOUSING SET ASIDE FUNDS TO PAY FOR FIFTY PERCENT (50°a) OF THE $538,700.65 EXTRACTED BY THE STATE FROM THE COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK Executive Director Netter explained the resolution for consideration and responded to Agency questions regarding same. In response to Agency Member Gallagher's comment for the record regarding Executive Director's instructions for the referenced check to be prepered prior to Agency approval of same, Mr. Netter explained the mechanics of procedures with a hold on the check until receipt of Agency approval because for the need for efficiency in timing not to incur penalties. The check had to be submitted by May 10, 1993. If the loan was not approved, the check would still be processed but the funds would come entirely from the CDA projects account and not from the housing set aside funds, therefore, it became merely a bookkeeping issue. Mr. Netter further explained that if this action is not approved by the Agency, then the referenced amount would have to come directly out of the City's General Fund. Upon motion by Councilmember Spiro , seconded by Chairperson Hollingsworth, reading of Resolution No. 93-02 was waived and said resolution was adopted by the following roll call vote: AYES: (4) Agency Members Eck, Reilly, Spiro, and Chairperson Hollingsworth NOES: (1) Agency Member Gallagher ABSENT: (0) None Unscheduled Public Chairperson Hollingsworth asked if anyone in the audience wished to Appearances make an appearance at this time. No one responded. Adjournment Chairperson Hollingsworth adjourned the meeting at approximately 10:05 p.m. (f De Se et Chairperson jh