HomeMy WebLinkAboutRDA Minutes 121410Elm
Tuesday, December 14, 2040,
6:00 P.M.
Uity Hall Council Chamr-
.. i
e6907 El Camino Real
Atascadero, California
11
I I F I I! E III I I I F III I I !I I III III I IT �11
Present: Board Members B&raud, O'Malley, Fonzi, and Vice Chairperson
Clay
Executive Director TTade McrUnney, Assistant Executive Director
itarf Present:
Jim Lewis, Police Chief Jim Mulhall, Community Development
Director Warren Frace, Administrative Services Director Rachelle
Rickard, and City Attorney Brian Pierik.
MOTION: By Board Member Fonzi and seconded by Board Member
O'Malley to approve the agenda.
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The following citizens spoke during Community Forum: Vern Haynes, and John
Sidders.
1. Community Redevelopment Agency Special Meeting Draft Action
Minutes — October 26, 2010
Board Secretary Recommenit Board approve Community
Redevelopment Agency Special Meeting Draft Action Minutes of October
26, 2010. [Board Secretary]
2. Communit ol2ment Ac
I chedule y Redevel jency of Ataseadero 2011
Fiscal Impact: 1"one.
Recommendation: Agency Board approve Community Redevelopmerrt
#.
meeting schedule for 2011. [Executive Director]
MOTION: By Board Member Fonzi and seconded by Board Member
B6raud to approve the Consent Calendar.
Moticr. passed 4:0 by a roll -call vote.
Y
B. PUBLIC HEARINGS: None.
1. Revisions to Restaurant Stimulus Program — Loan Assistance
• Fiscal Impact: Up to $1 million of budgeted Redevelopment Agency funds
could be pledged.
• Recommendations: Agency Board:
1 Approve the components of, and criteria for, the Restaurant Loan
Assistance Program, and;
2. Approve as to form the Loan Assistance Agreement between the
AtascVii" ro Redevelopment Agency and participating banks, and;
3. Approve as to form the Reimbursement and Indemnification
Agreement between the Atascadero Redevelopment Agency and
participants of the Restaurant Loan Assistance Program, and;
It. horize he Executive Director to execute -�W,11 (:1Y1t;tV111t=11Lc, VVILI , no
r"Nutl I I Ll I L_ U LIV L-11 I L L
single agreement to exceed $500,000, and;
5, Appropriate $1,000,000 frorn Redevelopment Agency funds to fund
it guarantees for inlis program,
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Elm
Assistant Executive Director Jim Lewis gave the staff report and answered questions
from the Board.
The following citizens spoke on this item: John Sidders, Jack Doris, Glen Covert, Steve
Martin, Joe Heaslet, John Joshan, Len Colamarino, and Natalie Doris.
MOT101111: By Council Member B6raud to approve staff's recommendation;
there was no second.
M*TION: By Board Member O'Malley and seconded by Board Member
Fonzi to:
1. Approve the components of, and criteria for, the Restaurant
Loan Assistance Program, expanding the Program to the
entire #_ #, Area, and;
2. Approve as to form the Loan Assistance Agreement
between the Atascadero Redevelopment Agency and
participating banks, and;
3. Approve as to form the Reimbursement and
Indemnification Agreement between the Atascadero
Redevelopment Agency and participants of the Restaurant
Loan Assistance Program, and;
4. Authorize the Executive Director to execute such
agreements with no single agreement to exceed $500,000,
and;
5Appropriate $1,000,000 from Redevelopment Agency funds
to fund loan guarantees for this program.
Motion passed 4:0 by a roll -call vote.
2. Fiscal Year 2009-2010 Audit
• Fiscal Impact: None.
• Recommendations: Agency Board review and accept the financial audit
for the period ended June 30, 2010. [Executive Director]
Board Treasurer Rachelle Rickard gave the staff report and answered questions from
tWe CoLTicil.
11X^11I M
BC) - -1 seconded by 'oar' Member
MW 1 Ivill: y Board I"Wernber FonzI anu U U W ID U IV[ W
136raud to review and accept the financial audit for the period
ended J u ne 30, 2010.
Motion passed 4:0 by a roii-caii vote.
IT
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Marcia McII Tarrson, C.Q.C.
City Cierk 11 Board Secretary
WY
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