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1994/12/13 Community Development Agency Minutes COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK MINUTES December 13, 1994 The Members of the Community Development Agency of the City of Rohnert park met this date at approximately 8: 35 p.m. in the City Offices , 6750 Commerce Boulevard, Rohnert Park, with Chairman Eck presiding. Call to Order Chairman Eck called the meeting of the Community Development Agency of the City of Rohnert Park to order at approximately 8: 35 p.m. Roll Call Present: ( 5) Agency Members Flores, Gallagher, Reilly, Spiro, and Chairman Eck Absent: ( 0) None Temporary Youth Committee: Representative Jennifer Mello Staff present for all or part of the meeting: Executive Director/City Manager Netter, City Attorney Flitner, Assistant Executive Director Leivo, Director of Public Works/City Engineer Brust, and Finance Director/Treasurer Harrow. Approval of Upon motion by Agency Member Reilly, seconded by Agency Minutes Member Spiro, the minutes of December 6, 1994 were unanimously approved as submitted. Approval of Bills Upon motion by Agency Member Reilly, seconded by Agency Member Gallagher, the bills presented per the attached list in the amount of $79,464. 50 were unanimously approved. Acknowledging the The Executive Director/Secretary' s report on the posting of Exec . Dir./Sec. the agenda was acknowledged. Report Unscheduled Public Chairman Eck stated that in compliance with State Law (The Appearances Brown Act) , anyone in the audience who wished to make a comment may do so at this time. 1 Community Development Agency of the December 13 , 1994 City of Rohnert Park Harold Green, 745 Lincoln Avenue, Rohnert Park, referred to Measure K that was recently turned down by the Rohnert Park electorate and opined that every low rent housing project proposed for construction in Rohnert Park should be presented to the voters . Housing Implemen- Executive Director Netter referred to the Community tation Plan for Redevelopment Law Reform Act of 1993 (AB 1290) and its AB 1290 requirement that a public hearing must be held prior to the adoption of a low and moderate income housing plan. He called the Agency Members ' attention to a draft change/update which sets out a proposed budget (projects and expenditures ) for the years 1994-1995, 1995- 1996, 1996-1997 , 1997-1998, and 1998-1999. He explained that this chart depicts a five year plan and how the Agency's set-aside housing funds are proposed to be spent. Assistant Executive Director Leivo explained how the funds could be applied towards the mobile home parks purchase program. He clarified uses of Community Development Agency funds relative to low-income housing needs. He stated that Community Development Agency funds can be used to benefit households with earnings of 80% of the median income or less . Discussion followed. Public Hearing Chairman Eck opened the public hearing on the proposed Housing Implementation Plan for AB 1290_ John Hudson, 399 Bonnie Avenue, Rohnert Park , read from a newspaper article and inferred that he thinks that staff's comments are misrepresenting the law and that practicing the law should be left to the City Attorney. He stated that since Measure K was defeated by the electorate in the November 8, 1994 election, he feels the Agency is out of line in proposing low-income housing projects , that these type projects always end up in the "A" and "B" sections of town, that low-income rental housing causes blight in the neighborhoods, and that he is opposed to the Plan. He added that he feels the Agency Members are not conducting business properly and that they should all resign. There being no one else desiring to speak , Chairman Eck closed the public hearing. Discussion followed. Agency Member Spiro wanted to clarify the fact that there are several rental properties near her on Davis Circle and also in the "G" section neighborhood. She also stated that the Agency is living up to its obligations . 2 Community Development Agency December 13 , 1994 of the City of Rohnert Park Agency Member Gallagher stated that she is pleased that Rohnert Park believes in providing homes for single parent families , and commented that some of the statements made by John Hudson were blatant lies . Chairman Eck questioned if the Agency should adopt the Plan subject to holding The Gardens project for review. Assistant Executive Director explained that this project is already proceeding and was begun before Measure K was defeated in the November election. Agency Member Reilly commented that the Agency is not ignoring Article 34 or the defeated Measure K. Further discussion followed. Upon motion by Agency Member Spiro, seconded by Agency Member Reilly, and unanimously approved, the Housing Implementation Plan for AB 1290 was approved as amended by the draft 5 year plan . Component Unit Executive Director Netter informed that Ernest Gini of Financial State- Macias & Company, the City' s external auditors, would be ments for Fiscal happy to answer any questions the Agency Members may have Year Ended relative to the financial statements submitted for the June 30, 1994 Agency. Agency Member Flores referred to page 10 of the report regarding the loan from the City to the Agency and questioned if this is a liability that accrues interest. Executive Director Netter explained that interest is paid on the loan but not on the principal . Finance Director Harrow explained how the principal would be paid. Further discussion followed. Upon motion by Agency Member Flores, seconded by Agency Member Gallagher, and unanimously approved, the Component Unit Financial Statements for Fiscal Year Ended June 30, 1994 were formally accepted and approved. FNMA Change Executive Director Netter stated that this was an informational item relative to Fannie Mae underwriting procedures to be implemented January 1 , 1995 that would add the value of credit to income instead of subracting it from the principal and interest payments, which would threaten the viability of Mortgage Credit Certificates (MCC) programs and suggested that, if the Agency so desires , a letter over the Mayor's signature be sent to the Federal National Mortgage Association requesting that this procedure be eliminated. Discussion followed. 3 Community Development Agency December 13 , 1994 of the City of Rohnert Park Upon motion by Agency Member Gallagher, seconded by Agency Member Spiro, and unanimously approved, staff was directed to prepare a letter for the Mayor ' s signature to the Federal National Mortgage Association objecting to the new Fannie Mae underwriting procedures . Adjournment There being no further business , Chairman Eck adjourned the meeting at approximately 9: 03 p.m. ACAA-4..A.:\A—A.104Eki, Deputy Secretary Chairman lr 4