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1993/05/25 Community Development Agency Minutes COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK MINUTES May 25, 1993 The Members of the Community Development Agency of the City of Rohnert Park met this date during the City Council meeting at approximately 5 :50 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 5:50 p.m. Roll Call Present: (3) Agency Members Gallagher, Reilly, and Chairperson Hollingsworth Absent: (2) Agency Member Eck (personal family medical needs) Agency Mlember Spiro (out of town on business) Staff present for all or part of the meeting : Executive Director/City Manager Netter, City Attorney Flitner, Assistant to the City Manager Leivo, Director of Public Works/City Engineer Brost, Planning Director Skanchy and Finance Director Harrow. ypproval Upon motion by Agency Mlember Reilly, seconded by Agency Member of Gallagher, the minutes of Miay 11, 1993 were unanimously approved Minutes as submitted. approval Upon motion by Agency Meitber Reilly, seconded by Agency of Member Gallagher, the bills presented per attached list in the Bills amount of 5613,400.53 were unanimously approved. •cknowledging The Executive Director/Secretary's report on the posting e.Dir./Sec.Report of the agenda was acknowledged. cheduled Chairperson Hollingsworth stated that in compliance with State Public Law, (The Brown Act) , anyone in the audience who wished to make a ••-arances comment may do so at this time. - Executive Director Netter said Bill Madison of Jones, Hall , Hill & White was present at this meeting to make comments following CDA action items. -solution A RESOLUTION OF THE COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF •.93-03 RC -QVERT PARK REPEALING RESOLUTION NO. 92-11 AND APPROVING TWO PROMISSORY NOTES BETWEEN BURBANK HOUSING DEVELOPMENT CORPORATION OR SUCCESSOR AND THE COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNE T PARK AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE THE PROMISSORY NOTES AND AN ASSIGNMENT AGREEMENT Executive Director Netter referenced copies provided to Agency of staff report pertaining to this item and explained the resolution as reviewed in the Council Meeting Memo. Executive Director Netter and Nick Stewart, representative of Burbank Housing, responded to various Agency questions regarding same. Executive Director Netter recommended adoption of this resolution. Upon motion by Agency Member Gallagher, seconded by Agency Member Reilly, and unanimously approved, reading of Resolution No. 93-03 was waived and said resolution was adopted. COMMUNITY DEVELOPMENT AGENCY/CITY OF RCHNERT PARK MINUTES (2) May 25, 1993 New Tax Allocation Bond Proposal - Executive Director Netter referenced copies provided to Council of memorandum dated May 25, 1993 from Finance Director Harrow regarding new tax allocation bonds for Agency review and consideration. He reviewed contents therein and responded to various Agency questions regarding same. Bill Madison, representative of Jones, Hall , Hill & White also reviewed details of the above-referenced memo and responded to further Agency questions pertaining to the mechanics of such bond issues. Discussion followed during which Agency concluded the need for further review of this proposal when all Agency Members are present to participate in the decision. Staff was directed to prepare a list of potential capital projects for which the proposed funds can be used to enable further Agency evaluation and consideration of this new tax allocation bond proposal . Uhschedu l ed Public Chairperson Hollingsworth asked if anyone in the audience wished Appearances to make an appearance at this time. Nick Stewart, representative of Burbank Housing Development Corporation, expressed appreciation to Agency for approving above-reviewed Resolution No. 93-03. He distributed copies to Agency of Burbank Housing's report to the Board of Supervisors dated May 18, 1993 regarding County CDBG (Community Development Block Grant ) Activities '92-93 (copy attached to original set of these minutes) . Adjournment There being no further business, Chairperson Hollingsworth adjourned the meeting at approximately 6:05 p.m. De y S etary Chairperson jh P3 Report to the Board of Supervisors Burbank Housing Development Corporation County CDBG Activities 1992-93 May 18, 1993 1 . Completed construction, sold and financed 30 townhomes at Hillview Oaks planned development, Petaluma. 2 . Completed construction and financing of seven townhomes at Bridgeway P .D. , Cotati . Sales pending. 3 . Construction nearing completion, 31 rentals at Sea Ranch . First units expected June 1 . 4 . Construction nearing completion, 50 rental units at Tower Apts . , Rohnert Park. First units available July 1 . 5 . Completed purchase, financing and permitting for 48 rental units at Forest Winds , Windsor. Construction starts June 1 . 6 . Construction nearing completion on Bodega Ave. Townhomes , Sebastopol . Ten very low and low income units sold; six moderate income homes pending sale. 7 . Completed purchase of Tall Trees property, Petaluma, 140 units , rental and/or sales . Permitting in process . 8 . Completed purchase of Starr Rd. property, Windsor, 28 townhome sales . Final design review 5/20 . Construction to start Spring, 11994; completion Jan. -Feb. , 1995 . 9 . Completed purchase of School House Ridge property, Geyserville; 24 townhome sales . All entitlements and financing in hand. Construction starts this summer, 1993 . 10 . Purchase agreement executed, Green Valley property, Graton; 14 townhome, sales units . Entitlement processing started. 11 . Purchase agreement executed, Bodega Ave. Southside, Sebastopol; 28 townhomes, sale or rental pending financing availability. Entitlement processing to start June 1 . 12 . Purchase agreement executed, St . Alicia Way, Rohnert Park; 20-25 rental units . Preliminary discussions with R.P . Community Redevelopment Agency encouraging. 13 . Purchase agreement executed, Zell property, Petaluma, 70-80 sales/rental units decision pending availability of permanent financing. Title problems being cleared. 14 . Purchase agreement executed, Harvest Grove, Healdsburg, 44 permanent, non-seasonal, farmworker family units . City Planning Commission approved EIR, general plan amendment, prezoning and annexation. Final action, City Council June 1 . 15 . Mobile Home Park Activities: Working with resident organizations in two parks on purchase and conversion to resident ownership. Resident survey and feasibility study on one completed; purchase offer made and rejected; on hold pending counter offer. On second park, resident survey completed; feasibility study in progress; willing park owner-seller awaiting residents ' offer. Development of new park(s ) has thus far proved not to be feasible given non-availability of land and price; zoning problems and lack of infrastructure. acs\suprcdbg.rpt