HomeMy WebLinkAboutRDA 041409Approved June 9, 2009
CITY OF ATASCA DERO
COMMUNITY REDEVELOPMENT A GENC Y
MINUTES
Tuesday, April 14, 2009
REGULAR SESSION 6 00 P M
Chairperson O'Malley called the meeting of the Atascadero Community Redevelopment
Agency to order at 6 00 p m
ROLL CALL.
Present: Chairperson O'Malley, Vice Chairperson Kelley, Board Members
Beraud, Clay, and Fonzi
Others Present: Board Secretary Manager Marcia McClure Torgerson and
Recording Secretary Susanne Anshen
Staff Present Assistant Executive Director Jim Lewis, Community Services
Director Brady Cherry, Police Chief Jim Mulhall, Community
Development Director Warren Frace, and City Attorney Brian Pierik.
APPROVAL OF AGENDA.
MOTION By Board Member Fonzi and seconded by Board Member
Beraud to approve the agenda.
Motion passed 5.0 by a roll -call vote.
COMMUNITY FORUM None
RDA Minutes 04/14/2009
Page 1 of 3
Approved June 9, 2009
A. CONSENT CALENDAR
Request for Transfer of Marketing Agreement by Carlton Hotel Inc LLC
■ Fiscal Impact: None
■ Recommendation. Agency adopt the Draft Resolution approving the
transfer of the Marketing Agreement for downtown Atascadero and the
City of Atascadero from the Carlton Hotel Investments, LLC, to James E
Smith and Clifford Branch [Agency Counsel]
City Attorney Brian Pierik stated the applicant has asked this matter be continued to the
next meeting
There was a consensus of the Board to put this matter over to
the next meeting of the Redevelopment Agency
B PUBLIC HEARINGS None
C MANAGEMENT REPORTS
1 Update on Colony Square and Loan Guarantee Agreements
■ Fiscal Impact: If the Board decides to invest in the Project, up to $1.5
million of Redevelopment Agency funds would be pledged
■ Recommendations. Agency -
1 Receive update on the Colony Square Project; and,
2 Approve as to form the Loan Guarantee Agreement between the
Atascadero Redevelopment Agency and Mission Community Bank,
and,
3 Approve as to form the Reimbursement and Indemnification
Agreement between the Atascadero Redevelopment Agency and
James Harrison and Peter Hilf, the owners of the Colony Square
project. [Executive Director]
Assistant City Manager Jim Lewis gave the staff report. Mr Lewis and City Attorney
Brian Pierik answered questions of the Council
PUBLIC COMMENT
Len Colamarino stated this project is very important for the City and the downtown,
however, he expressed concern that the final documents may need more review to
protect the City
Chairperson O'Malley closed the Public Comment period.
RDA Minutes 04/14/2009
Page 2 of 3
Approved June 9, 2009
MOTION By Board Member Clay and seconded by Board Member
am Kelley to
1 Receive update on the Colony Square Project;
2. Approve as to form the Loan Guarantee
Agreement between the Atascadero
Redevelopment Agency and Mission Community
Bank, and
3. Approve as to form the Reimbursement and
Indemnification Agreement between the
Atascadero Redevelopment Agency and James
Harrison and Peter Hilf, the owners of the Colony
Square project; and
4 The agreements mentioned in Nos. 2 and 3 above
are in concept only with the understanding there
may be further revisions and they are not legally
binding at this point as there will be readings at
future Council meetings before final approval
Motion passed 5.0 by a roll -call vote.
BOARD ANNOUNCEMENTS AND REPORTS None
+m D ADJOURNMENT TO CITY COUNCIL MEETING
Chairperson O'Malley adjourned the meeting at 6.20 p m
MINUTES PREPARED BY
SUSANNE ANSHEN, Recording Secretary
RDA Minutes 04/14/2009
Page 3 of 3