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1993/09/28 Community Development Agency Minutes COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK MINUTES September 28, 1993 The Members of the Community Development Agency of the City of Rohnert Park met this date during the City Council meeting at approximately 9:02 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 9:02 p.m. Roll Call Present: (5) Agency Members Eck, Gallagher, Reilly, and Chairperson Hollingsworth Absent: (1) Agency Member Spiro (due to a death in the family) Staff present for all or part of the meeting : Executive Director/City Manager Netter, Assistant to the City Manager Leivo, Director of Public Works/City Engineer Brust and Finance Director Harrow and City Attorney Flitner. Approval Upon motion by Agency Member Reilly, seconded by Agency Member of Gallagher, the minutes of September 14, 1993 were unanimously Minutes approved as submitted. Approval Upon motion by Agency Member Reilly, seconded by Agency of Member Gallagher, the bills presented per attached list in the Bills amount of $14,014.52 were unanimously approved. Acknowledging Exe.Dir./Sec. The Executive Director/Secretary's report on the posting of the Report agenda was acknowledged. Unscheduled Chairperson Hollingsworth stated that in compliance with State Public Law, (The Brown Act) , anyone in the audience who wished to make a Appearances comment may do so at this time. No one responded. CDA Bond issue to transfer City/CDA loan to bond indebtedness: Executive Director Netter explained the updated staff report of September 21, 1993 regarding consideration of the new tax allocation bonds. As previously directed by the Agency, a public hearing was duly noticed and scheduled at this time to receive input regarding the possibilities of the bond issue and funding priorities. Mr. Netter reviewed options regarding the need to set priorities for such bond proceeds or consider Reserve Account funds for new capital projects when/if sufficient tax increments come into the Redevelopment Agency. He pointed out the importance of noting that the City's general fund would lose $358,000 in interest income per year if this bond issue is completed. COMMUNITY DEVELOPMENT AGENCY/CITY OF ROI-INERT PARK MINUTES (2) September 28, 1993 Discussion followed during which Agency Members reviewed varied opinions especially related to the funding needs of proceeding with the Rohnert Park Expressway overpass improvements and whether or not it would be saving money in the long run to proceed with the bond issue versus waiting for state or federal funds that may or may not become available because of economic conditions . Executive Director Netter and Finance Director Harrow responded to numerous Agency questions regarding possible funding alternatives for specific capital projects. Public Chairman Hollingsworth opened the public hearing at approximately Hearing 9:24 p.m. There being no one desiring to speak, the public hearing was closed. Further Agency discussion concluded in Agency Member Eck withdrawing his second for the purpose of discussion to Agency Fiber Gallagher's motion to proceed with the bond issue to enable Expressway overpass improvements. Agency agreed to table this item for two weeks and directed staff to prepare a report for further Agency consideration of other alternatives for funding specific capital projects. Com unity Support Network (CSN) presentation re. support home on Snyder Lane: Mork Krug, Executive Director of Community Support Network, shared contents of his letter dated August 11, 1993 requesting the City to consider increasing the tentative funding set-aside funding amount for the proposed group home from $25,000 to $75,000 in order to give CSN greater leverage with additional funders to assist with the total project cost of approximately $350,000. Discussion concluded in a motion by Agency Member Eck, Seconded by Agency Member Reilly, and unanimously approved, directing staff to work with the CSN applicant to obtain more details about the project including a site acquisition regarding the preliminary concept of neighborhood relationships with the intent of the City being that it would provide seed funding in the approximate amount of $25,000. This item will be reviewed further by the Agency following results of direction herein. thschedu l ed Public Chairperson Hollingsworth asked if anyone in the audience wished Appearances to make an appearance at this time. No one responded. Adjournment There being no further business, Chairperson Hollingsworth adjourned the meeting at approximately 9:52 p.m. )474- De Sec tart' Chairperson jh