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1995/05/01 Community Development Commission Minutes Community Development Commission of The City of Rohnert Park Minutes 1995-96 BUDGET WORK SESSION for Low/Moderate Income Housing Set-Aside Funds May 1 , 1995 Adj. Mtg. The Members of the Community Development Commission of the City of Rohnert Park met this date at approximately 6:00 p.m. for an adjourned meeting in the City Offices, 6750 Commerce Boulevard, Rohnert Park, with Chairman Eck presiding. ,ALL TO ORDER: Chairman Eck called the adjourned meeting of the Community Development Commission to order at approximately 6:00 p.m. !OLL CALL Present: (5) Commission Members Flores, Gallagher, Reilly, Spiro and Chairman Eck Absent: (0) None Staff present for all or part of the meeting: Executive Director/City Manager Netter, Assistant City Manager Leivo, and Finance Director Harrow. Press present: Bob Brownne, Reporter for Community Voice 'KNOWLEDGING EXECUTIVE DIRECTOR/SECRETARY'S REPORT: This report on the posting of the agenda was acknowledged. SCHEDULED PUBLIC APPEARANCES: Chairman Eck stated that in compliance with State Law (The Brown Act), citizens wishing to make a comment may do so at this time. OW TO MODERATE INCOME HOUSING SET-ASIDE FUNDING& FY 1995-96 BUDGET: Executive Director Netter referenced staff reports on this item and reviewed contents of(1) CDC's Total Anticipated Revenues, Expenditures and Obligations and (2) Summary of Proposed Projects. Mr. Netter responded to related Commission questions. Mayor Eck inquired about Commission Member Gallagher's possible conflict on the mortgage programs as her spouse is a mortgage broker. Commission Member Gallagher indicated no conflict. en-Profit Grou s Presentations: Chairman Eck invited comments on proposals submitted for funding consideration to non-profit groups_ Community Development Commission of the City of Rohnert Park Minutes - May 1, 1995 ( ) Adj. Mtg. Shelley Decker of First Security Loan Corporation, shared comments on marketing and advertising proposals for the First Time Homebuyer Program. She reviewed the determination of Westamerica Bank that should another contract need to be negotiated, they will not be able to offer the contract with the previously agreed upon terms and explained the resulting effect on the City of Rohnert Park's existing terms. Comments from Commission Member Gallagher and Commission Member Spiro included waiting on this proposal until the pilot program is finalized to enable evaluation of the entire program. Nick Stewart of Burbank Housing for the Gardens Apartments, reviewed flexibility with lender; possibilities of increasing the primary loan to $1.5 million; decreasing CDC request to $350,000 (from previous amount of$500,000) for an interim loan for 12 to 15 month term; and signified a federal rate of 6.8% at the time of closing. Nick Stewart of Burbank Housing for the Holiday Inn Project, shared comments in regard to receiving an extension to July 7th; reviewed financing in hand; will be very active with other cities; promotional efforts of the project with vulnerability; Jackie Spear bill to allow funds outside jurisdictions; seeking one time commitment of funds; and the operation would proceed from rentals. Morris Turner and Joseph Smooke, representing Petaluma People Services, reviewed aspects of the Rental Assistance Program. They keep an accounting of all clients; records include Rohnert Park families; and about 50% of all calls are from this area. Joseph Smooke, representing Innovative Housing, explained services. He agreed to provide additional accounting and shared comments on services provided as compared to other communities that they serve. Assistant City Manager Leivo reviewed the Sonoma County Community Development Commission Mobile Home Earthquake Resistance Bracing Program; referenced upcoming bid opening this Friday, estimated obtaining 2,000 to 3,000 grants amounting to approximately $200,000; and commented on not recommending assistance until total funds are expended. Assistant City Manager Leivo reviewed the Sonoma County Community Development Commission Rehabilitation of Owner Occupied Homes reinstated outreach program and financial aspects related to the prior program. John Hudson, 399 Bonnie Ave., referred to poor condition-of certain B Section homes and recommended an abatement program. Community Development Commission of the City of Rohnert Park Minutes - May 1, 1995 ( 3 ) Adj. Mtg. Commission comments proceeded as follows: Commission Member Spiro commented on poor condition of certain homes in the area not meeting building codes including condition of driveways and sidewalks and inquired about rehab funding possibilities. Commission Member Gallagher recommended the $350,000 Burbank Housing short term construction financing request as first priority. Commission Member Reilly agreed with discussion comments regarding the importance of Petaluma People Services' Homeless Prevention Proposal and comments to consider extending the amount to $50,000; the need to check further into the Innovative Housing Project; the need to revisit the pilot program of First Security's First Time Homebuyer Program; and supportive aspects of the Holiday Inn Project. Commission Member Flores referenced upcoming budget sessions when proposals presented tonight would be more thoroughly reviewed and considered. He commented on the positive aspects of the First Time Home Buyer Program(s) and the need to further review available funding possibilities for the Mobile Home Earthquake Bracing Program, as well as the Rehabilitation of Owner Occupied Homes Program. Commission Member Spiro referenced the Gardens Apartments Project of Burbank Housing and asked about legalities related to Article 13; agreed First Security's First Time Homebuyer Program needs work; and expressed support of Petaluma People Services' Homelessness Prevention Proposal. Mayor Eck summarized concluding comments including acknowledgment of funding assistance reduction of the Gardens Apartments Project of Burbank Housing from $500,000 to $350,000; more research needed on the Innovative Housing Project; legal concerns related to the Holiday Inn Project similar to Santa Rosa's; support to review funding possibilities for the County's Rehabilitation of Owner Occupied Homes Program; and combining efforts of the three First Time Homebuyer Programs of First Security Loan Corp., North American Mortgage Company and Linksters Financial Group/Certified Mortgage Company. JOURNMENT: There being no further business, Chairman Eck adjourned the meeting at approximately 7:31 p.m. \ /AA ty Cler City Manager hairperson oN/jh