HomeMy WebLinkAboutRDA Agenda 01-14-11 Special MeetingNOTICE OF A SPECIAL MEETING
am COMMUNITY REDEVELOPMENT
AGENCY OF ATASCADERO
Friday, January 14, 2011
530pm
City of Atascadero City Hall
6907 EI Camino Real, Conference Room #4
Atascadero, California
CONTRACTING SERVICES WITH THE CITY
OF ATASCADERO AND BUDGET ADJUSTMENTS
ROLL CALL.
1 Mid Year Budget Adjustments and Appropriations
■ Recommendations Agency Board
1 Adopt Draft Resolution amending the 2010-2011 fiscal year budget;
and,
2 Appropriate funds for Blight Elimination Projects and for Contract
Services for Blight Elimination and Economic Growth for future fiscal
years as Staff has recommended below-
Project
elow•
Fiscal Year
Pro ect
Total
Contract'SeMces for
Blight Reduction and
Economic Growth
Blight Ellmination
Projects :
2011-2012
$
774,680
$
705,000
$
1,479,680
2012-2013
$
782,530
$
1,032,000
$
1,814,530
2013-2014
$
798,810
$
45,000
$
843,810
2014-2015
$
801,700
$
1,020,000
$
1,821,700
2015-2016
$
813,880
$
45,000
$
858,880
2016-2017
$
816,540
$
1,020,000
$
1,836,540
2017-2018
$
833,040
$
25,000
$
858,040
$ 5,621,180 $ 3,892,000 $ 9,513,180
Fiscal Impact:
0 $445,970 decrease in Redevelopment Agency General Fund revenues
and $2,962,260 increase in Redevelopment Agency General Fund
expenditures for fiscal year 2010-2011
• $14,400,280 increase in Redevelopment Agency 2010 Financing Project
Fund revenues and $14,400,280 increase in Redevelopment Agency 2010
Financing Project Fund expenditures for fiscal year 2010-2011
• $2,145,970 increase in revenues for Redevelopment Agency 2010
Financing Debt Service Fund and $741,310 increase in expenditures for
Redevelopment Agency 2010 Financing Debt Service Fund for fiscal year
2010-2011
• $5,383,800 increase in expenditures for Low/Moderate Income Housing
Fund for fiscal year 2010-2011
• $1,479,680 increase in expenditures
General Fund in fiscal year 2011-2012
• $1,814,530 increase in expenditures
General Fund in fiscal year 2012-2013
• $843,810 increase in expenditures
General Fund in fiscal year 2013-2014
• $1,821,700 increase in expenditures
General Fund in fiscal year 2014-2015
• $858,880 increase in expenditures
General Fund in fiscal year 2015-2016
• $1,836,540 increase in expenditures
General Fund in fiscal year 2016-2017
• $858,040 increase in expenditures
General Fund in fiscal year 2017-2018
[Executive Director]
for the
Redevelopment
Agency
for the
Redevelopment
Agency
for the
Redevelopment
Agency
for the
Redevelopment
Agency
for the
Redevelopment
Agency
for the
Redevelopment
Agency
for the Redevelopment Agency
2. Historic City Hall Project Contract and Loan Agreement
■ Recommendations Agency Board
1 Adopt the Draft Resolution irrevocably allocating funds for completion of
the City of Atascadero's Historic City Hall Project; and,
2 Authorize the Executive Director to execute a Financing Contract with the
City of Atascadero for the Historic City Hall Project; and,
3 Authorize the Executive Director to execute a Loan Agreement with the
City of Atascadero for the Historic City Hall Project.
■ Fiscal Impact: Expenditure of $13,000,000 in budgeted 2010 Financing
Project Funds Loan of $10,000,000 in Redevelopment Agency General
funds and 2010 Financing Project funds [Executive Director]
3. Blight Elimination Projects Contract
■ Recommendations. Agency Board
1 Adopt Draft Resolution irrevocably allocating funds for completion of the
Agency Identified Blight Elimination Projects, and,
2 Authorize the Executive director to execute a Change Order to the City of
Atascadero for the Financing Agreement dated December 9, 2009 for the
Zoo Wall Improvement Project in the amount of $180,000, and,
3 Authorize the Executive Director to execute a Financing Contract with the
City of Atascadero for the Agency Identified Blight Elimination Projects
■ Fiscal Impact: Expenditure of $8,176,820 in budgeted Redevelopment
Agency General funds and 2010 Financing Project funds [Executive Director]
4 Affordable Housing Contract
■ Recommendations. Agency Board
1 Adopt the Draft Resolution irrevocably allocating funds for the production
of 24 affordable housing units, and,
2 Authorize the Executive Director to execute a Financing Contract with the
City of Atascadero for the production of 24 affordable housing units
■ Fiscal Impact:, Expenditure of $5,383,800 in Low/Moderate Income Housing
funds [Executive Director]
5 Contract Service for Blight Reduction and Economic Growth
■ Recommendations. Agency Board
1 Adopt the Draft Resolution irrevocably allocating funds for Contract
Services for Blight Reduction and Economic Growth, and,
2 Authorize the Executive Director to execute a Financing Contract with the
City of Atascadero for contract services for blight reduction and economic
growth
■ Fiscal Impact: Expenditure of $5,621,180 in Redevelopment Agency General
funds. [Executive Director]
ADJOURNMENT
The Community Redevelopment Agency will adjourn to the next Regular Session
STATE OF CALIFORNIA )
COUNTY OF SAN LUIS OBISPO )
CITY OF ATASCADERO )
MARCIA MCCLURE TORGERSON, C M.0 , being fully sworn, deposes, and says: That she is the duly
elected City Clerk of the City of Atascadero and that on Thursday January 13, 2011 she caused the above
Notice to be posted on the doors of the City's Administration Building, 6907 EI Camino Real in Atascadero
California.
--
MARCIA MCCLURE TORGERSON, C
City Clerk
City of Atascadero