HomeMy WebLinkAboutMinutes 011411 (2)Approved March 22, 2011
SPECIAL MEETING
r` COMMUNITY REDEVELOPMENT
AGENCY OF ATASCADERO
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"M
Friday, January 14, 2011
5:30 p.m.
City of Atascadero City Hall
6907 EI Camino Real, Conference Room #4
Atascadero, California
ACTION MINUTES
Chairperson Fonzi called the meeting to order at 5:30 p.m.
ROLL CALL:
Present: Board Members Sturtevant, O'Malley, Kelley, Vice Chairperson
Clay and Chairperson Fonzi
Staff Present: Assistant Executive Director Jim Lewis, Board Treasurer Rachelle
Rickard, and Board Secretary Marcia McClure Torgerson.
Atascadero Redevelopment Agency Special Meeting Minutes
January 14, 2011
Page 1 of 6
Approved March 22, 2011
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:
$ 5,621,180 $ 3,892,000 $ 9,513,180
■ Fiscal Impact:
$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 for the Redevelopment Agency
General Fund in fiscal year 2011-2012
$1,814,530 increase in expenditures for the Redevelopment Agency
General Fund in fiscal year 2012-2013
• $843,810 increase in expenditures for the Redevelopment Agency
General Fund in fiscal year 2013-2014
$1,821,700 increase in expenditures for the Redevelopment Agency
General Fund in fiscal year 2014-2015
Atascadero Redevelopment Agency Special Meeting Minutes
January 14, 2011
Page 2 of 6
Pro"ect
GQntract Sdrvices for
Blighf Reductlan and
Blight Elimination
Fiscal Year
Ea noml Growth
Projects '
'-'rotal
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:
$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 for the Redevelopment Agency
General Fund in fiscal year 2011-2012
$1,814,530 increase in expenditures for the Redevelopment Agency
General Fund in fiscal year 2012-2013
• $843,810 increase in expenditures for the Redevelopment Agency
General Fund in fiscal year 2013-2014
$1,821,700 increase in expenditures for the Redevelopment Agency
General Fund in fiscal year 2014-2015
Atascadero Redevelopment Agency Special Meeting Minutes
January 14, 2011
Page 2 of 6
Approved March 22, 2011
• $858,880 increase in expenditures for the Redevelopment Agency
General Fund in fiscal year 2015-2016
• $1,836,540 increase in expenditures for the Redevelopment Agency
General Fund in fiscal year 2016-2017
• $858,040 increase in expenditures for the Redevelopment Agency
General Fund in fiscal year 2017-2018
[Executive Director]
Board Treasurer Rachelle Rickard gave the staff report and answered questions from
the Board.
PUBLIC COMMENT: None
MOTION: By Vice Chairperson Kelley and seconded by Board Member
Sturtevant to:
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:
$ 5,621,180 $ 3,892,000 $ 9,513,180
Motion passed 5.0 by a roll -call vote. (Resolution No. RA 2011-
001)
Atascadero Redevelopment Agency Special Meeting Minutes
January 14, 2011
Page 3 of 6
Prc�`act
Contract Services for
Blighf ted6d0n and
E3110ht Elimination
Fiscal Year`
Economic Gr6wth
Pro' jests
Total
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
Motion passed 5.0 by a roll -call vote. (Resolution No. RA 2011-
001)
Atascadero Redevelopment Agency Special Meeting Minutes
January 14, 2011
Page 3 of 6
Approved March 22, 2011
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]
Board Treasurer Rachelle Rickard gave the staff report and answered questions from
the Board.
PUBLIC COMMENT: None
MOTION: By Board Member O'Malley and seconded by Board Member
Clay to:
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.
Motion passed 5:0 by a roll -call vote. (#1: Resolution No. RA
2011-002, #2: Contract No. RA 001-2011, #3: Contract No. RA
002-2011)
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]
Atascadero Redevelopment Agency Special Meeting Minutes
January 14, 2011
Page 4 of 6
Approved March 22, 2011
Board Treasurer Rachelle Rickard gave the staff report and answered questions from
the Board.
PUBLIC COMMENT: None
MOTION: By Board Member Sturtevant and seconded by Vice
Chairperson Kelley to
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.
Motion passed 5:0 by a roll -call vote. (#1: Resolution No. RA
2011-003, #3: Contract No. RA 003-2011)
4. Affordable Housinci 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]
Board Treasurer Rachelle Rickard gave the staff report and answered questions from
the Board.
PUBLIC COMMENT: None
MOTION: By Board Member Clay and seconded by Vice Chairperson
Kelley to:
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.
Motion passed 5:0 by a roll -call vote. (#1: Resolution No. RA
2011-004, #2: Contract No. RA 004-2011)
Atascadero Redevelopment Agency Special Meeting Minutes
January 14, 2011
Page 5 of 6
Approved March 22, 2011
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]
Board Treasurer Rachelle Rickard gave the staff report and answered questions from
the Board.
PUBLIC COMMENT: None
MOTION: By Board Member O'Malley and seconded by Board Member
Sturtevant to:
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.
Motion passed 5:0 by a roll -call vote. (#1: Resolution No. RA
2011-005, #2: Contract No. RA 005-2011)
ADJOURNMENT:
Chairperson Fonzi adjourned the meeting at 5:50 p.m.
MINUTES PREPARED BY:
Marcia McClure Torgerson, C.M.C.
City Clerk / Board Secretary
Atascadero Redevelopment Agency Special Meeting Minutes
January 14, 2011
Page 6 of 6