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HomeMy WebLinkAboutRDA Minutes 102610 Special MeetingApproved December 14, 2010 CITY OF ATASCADERO COMMUNITY REDEVELOPMENT AGENCY SPECIAL MEETING ACTION MINUTES Tuesday, October 26, 2010 600PM City Hall Council Chambers 6907 EI Camino Real Atascadero, California REGULAR SESSION — CALL TO ORDER 6 00 P M Chairperson Kelley called the meeting to order at 6 02 p m ROLL CALL. Present: Board Members Beraud, O'Malley, Fonzi, Vice Chairperson Clay and Chairperson Kelley Others Present: Board Secretary Marcia McClure Torgerson Staff Present: Executive Director Wade McKinney, Assistant Executive Director Jim Lewis, Police Chief Jim Mulhall, Fire Chief Kurt Stone, Community Services Director Brady Cherry, Administrative Services Director Rachelle Rickard, and City Attorney Brian Pierik. RDA Action Special Meeting Minutes of 10/26/10 Page 1 of 3 Approved December 14, 2010 APPROVAL OF AGENDA. Roll Call MOTION By Board Member Fonzi and seconded by Board Member O'Malley to approve the agenda. Motion passed 5.0 by a roll -call vote. COMMUNITY FORUM None A. CONSENT CALENDAR 1 Community Redevelopment Agency Special Meetinq Draft Action Minutes — September 14, 2010 ■ Board Secretary Recommendation. Board approve Community Redevelopment Agency Special Meeting Draft Action Minutes of September 14, 2010 [Board Secretary] MOTION By Board Member Fonzi and seconded by Board Member Beraud to approve the Consent Calendar Motion passed 5:0 by a roll -call vote. B. PUBLIC HEARINGS None. C MANAGEMENT REPORTS Proposed Expansion to Local Business Stimulus Program for Restaurants -- Short Term Loans and Microloans ■ Fiscal Impact: Up to $1,000,000 of Redevelopment Agency funds would be invested in this program The program would seek to see a return of this entire principal with some interest income ■ Recommendations. Agency Board 1 Approve in concept expanding the Restaurant Stimulus Program to include offering short-term loans to restaurateurs renovating or constructing restaurants in the downtown zone and to promote existing microloan programs, and, 2. Direct the Executive Director to design a loan program and all related documentation for Agency Board review and approval Assistant Executive Director Jim Lewis gave the staff report and answered questions from the Council PUBLIC COMMENT None RDA Action Special Meeting Minutes of 10/26/10 Page 2 of 3 Approved December 14, 2010 MOTION By Board Member O'Malley and seconded by Board Member Fonzi to 1 Approve in concept expanding the Restaurant Stimulus Program to include offering short-term loans to restaurateurs renovating or constructing restaurants in the downtown zone and to promote existing microloan programs, and, 2. Direct the Executive Director to design a loan program and all related documentation for Agency Board review and approval Motion passed 5.0 by a roll -call vote. BOARD ANNOUNCEMENTS AND REPORTS None D ADJOURNMENT TO CITY COUNCIL MEETING Chairperson Kelley adjourned the meeting at 6 18 p m MINUTES PREPARED BY ) VAA &14— W ' M`�V­ _)6� vs, Marcia McClure Torgerson, C M C City Clerk / Board Secretary RDA Action Special Meeting Minutes of 10/26/10 Page 3 of 3