HomeMy WebLinkAboutRDA Minutes 101204En
Approved November 9, 2004
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CITY OF . TASCADERO
COMMUNITY REDEVELOPMENT AGENCY
MINUTES
TUESDAY, October 12, 2004
6:30 P.M.
Chairperson O'Malley called the meeting to order at 6:31 p.m.
ROLL CALL:
Present: Board Members Clay, Luna, Scalise Pacas and Chairperson
O'Malley
Absent: None
Others Present: Board Secretary Marcia McClure Torgerson, Recording Secretary,
Grace Pucci
Staff Present: Executive Director Wade McKinney, Assistant City Manager Jim
Lewis, Board Treasurer Rachelle Rickard, Public Works Director
Steve Kahn, Community Development Director Warren Frace,
Police Chief John Couch, Fire Chief Kurt Stone, Deputy Community;
Development Director Steve McHarris, Deputy Public Works
Director Geoff English, Redevelopment Specialist Marty Tracey,
and Interim City Attorney Tom Gibson.
APPROVAL OF AGENDA:
MOTION: By Board Member Luna and seconded by Board Member Clay,
to approve the agenda.
Motion passed 5:0 by a roll -call vote.
COMMUNITY FORUM:
None
RDA Minutes 10/12/04
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BOARD ANNOUNCEMENTS AND REPORTS:
None
A. CONSENT CALENDAR:
1. Community Redevelopment Agency Minutes — September 14, 2004
■ Board Secretary recommendation: Board approve the Community
Redevelopment Agency minutes of September 14, 2004. [Board
Secretary]
MOTION: By Board Member Luna and seconded by Board Member
Scalise to approve Item #A-1.
Motion passed 5:0 by a voice vote.
B. MANAGEMENT:
1. Bond Finance Team
■ Fiscal Impact: Costs are included in the financing.
■ Staff Recommendation: Board Authorize City Manager to execute
agreements with Piper Jaffray and Quint & Thimming for financial and
legal assistance for a Redevelopment Agency Tax Increment Bond.
[Executive Director]
Executive Director Wade McKinney gave the staff report and answered questions of the
Board.
Mark Curran, Piper Jaffray, reported on his findings and answered questions of the
Board.
MOTION: By Board Member Luna and seconded by Board Member Clay
to authorize the City Manager to execute agreements with
Piper Jaffray and Quint & Thimming for financial and 6egal
assistance for a Redevelopment Agency Tax Increment Bond.
Motion passed 5:0 by a roll -call vote. (Agreement loos. RA001-
2004 and RA004-2004)
Chairperson O'Malley recessed the hearing at 6:40 p.m.
Chairperson O'Malley called the meeting back to order at 1:24 p.m
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2. Purchase of Parcel 3 of Parcel Map 85-225 (Generally known as
Creekside Lanes)
■ Fiscal Impact: Expense in the amount of $1,300,000.
■ Staff Recommendation: Agency Board approve Resolution approving
Purchase Agreement with Creekside Parcel Associates for the purchase
of Parcel 3 of Parcel Map 85-225 (generally known as Creekside Lanes)
for the purchase price of $1,300,000, and authorize the purchase to be
included in the upcoming Agency financing. [Executive Director]
Vice Chairperson Pacas stepped down from consideration of this item as she is
employed within 500 feet of the site. (Exhibit A)
MOTION: By Board Member Scalise and seconded by Board Member
Clay to authorize the purchase.
Motion passed 3:1 by a roll -call vote. (Luna opposed)
(Resolution No. RA2004-002)
C. EXECUTIVE DIRECTOR REPORT: Wade McKinney, Executive Director
None
D. ADJOURNMENT
Chairperson O'Malley adjourned the meeting at 1:25 a.m.
MEETING RECORDED AND MINUTES PREPARED BY:
Grace Pucci, Recording Secretary
The following exhibit is available for review in the City Clerk's office:
Exhibit A — Vice Chairperson Pacas, Statement of Abstention
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