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HomeMy WebLinkAboutRDA Agenda Packet 061207CITY OF ATASCADERO COMMUNITY REDEVELOPMENT AGENCY AGENDA Tuesday, June 12, 2007 6:30 P.M. City Hall Council Chambers 6907 EI Camino Real Atascadero, California REGULAR SESSION: 6:30 P.M. ROLL CALL: Chairperson O'Malley Vice Chairperson Beraud Board Member Brennler Board Member Clay Board Member Luna APPROVAL OF AGENDA: Roll Call COMMUNITY FORUM: (This portion of the meeting is reserved for persons wanting to address the Board on any matter not on this agenda and over which the Board has jurisdiction. Speakers are limited to five minutes. Please state your name and address for the record before making your presentation. The Board may take action to direct the staff to place a matter of business on a future agenda. A maximum of 30 minutes will be allowed for Community Forum, unless changed by the Board.) BOARD ANNOUNCEMENTS AND REPORTS: (On their own initiative, the Board Members may make a brief announcement or a brief report on their own activities. Board Members may ask a question for clarification, make a referral to staff or take action to have staff place a matter of business on a future agenda. The Board may take action on items listed on the Agenda.) A. CONSENT CALENDAR: 1. Community Redevelopment Agency Minutes — April 24, 2UU7 • Board Secretary Recommendation: Board approve the Community Redevelopment Agency minutes of April 24, 2007. [Board Secretary] B. MANAGEMENT REPORTS: 1. Operating Budget 2007 - 2009 • Fiscal Impact: Total expenditures for all funds in 2007-2008 are $3,723,660. Total expenditures for all funds in 2008-2009 are $10,952,270. • Recommendation: Board approve Draft Resolution adopting budgets for the 2007-2008 and 2008-2009 fiscal years and delegating to the Executive Director authority to implement same. [Executive Director] C. EXECUTIVE DIRECTOR REPORT: Wade McKinney, Executive Director D. ADJOURNMENT 2 ITEM NUMBER: RA A- 1 DATE: 06/12/07 CITY OFATASCADERO COMMUNITY REDEVELOPMENT AGENCY DRAFT MINUTES Tuesday, April 24, 2007, 6:30 P.M. REGULAR SESSION: 6:30 P.M. Chairperson O'Malley called the meeting to order at 6:30 p.m. ROLL CALL: Present: Board Members Brennler, Clay, Luna, Beraud, and Chairperson O'Malley Absent: None Others Present: Board Secretary Marcia McClure Torgerson, Recording Secretary Grace Pucci Staff Present: Executive Director Wade McKinney, Assistant Executive Director Jim Lewis, Board Treasurer Rachelle Rickard, Fire Chief Kurt Stone, Police Lt. John Hough, and City Attorney Patrick Enright. 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 Draft Minutes 04/24/07 Page 1 of 2 3 BOARD ANNOUNCEMENTS AND REPORTS: None A. CONSENT CALENDAR: 1. Community Redevelopment Agency Minutes — March 27, 2007 • Board Secretary Recommendation: Board approve the Community Redevelopment Agency minutes of March 27, 2007. [Board Secretary] MOTION: By Board Member Luna and seconded by Vice Chairperson B6raud to approve Item #A-1 Motion passed 5:0 by a voice vote. B. EXECUTIVE DIRECTOR REPORT: Wade McKinney, Executive Director None C. ADJOURNMENT Chairperson O'Malley adjourned the meeting at 6:32 p.m. MINUTES PREPARED BY: Grace Pucci, Recording Secretary RDA Draft Minutes 04/24/07 Page 2 of 2 N Commun t A-gency of Atascadero Staff Report - Executive Director's Office Operating Budget 2007-2009 RECOMMENDATION: ITEM NUMBER: RA B-1 DATE: 06/12/07 Board approve Draft Resolution adopting budgets for the 2007-2008 and 2008-2009 fiscal years and delegating to the Executive Director authority to implement same. DISCUSSION: Attached is the two-year Draft Operating Budget for Fiscal Years 2007-2009. The Agency is now eight years old and began receiving tax increment revenues in 2000-2001. The general increment is growing steadily and is expected to exceed $2.5 million in fiscal year 2007-2008. As the Agency has matured, it continues to concentrate on downtown revitalization, and is gaining momentum and tackling more significant issues. The infrastructure and capacity are now in place to move at a stronger pace toward implementing the Redevelopment Plan. The Agency implemented financing in 2004 that has provided the necessary capital to build the priority projects established by the Board. This includes long-time community projects like the Lewis Avenue Bridge, the Colony Park Community Center, and the Historic City Hall Rehabilitation. Funds are designated in this budget to implement various projects. This two-year budget is an exciting step in the process of revitalizing the downtown and improving the Redevelopment Project Area. Significant progress is being made on several different fronts in the Project Area. The Board of Directors is committed to the improvement of the Area, and now that many of the planning studies have been completed, the recommendations can be implemented. This budget represents "action" toward realization of the redevelopment goals as directed by the Board. Wade G. McKinney Executive Director 117 DRAFT RESOLUTION RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO ADOPTING BUDGETS FOR THE 2007-2008 AND 2008-2009 FISCAL YEARS AND DELEGATING TO THE EXECUTIVE DIRECTOR AUTHORITY TO IMPLEMENT SAME WHEREAS, the 2007-2008 and 2008-2009 fiscal budgets of the Community Redevelopment Agency of Atascadero have been submitted to the Board and have now been considered and are in final form and substance satisfactory to this Board. NOW, THEREFORE, BE IT RESOLVED, by the Community Redevelopment Agency of Atascadero Board SECTION 1. The fiscal budgets for the Community Redevelopment Agency of Atascadero for the fiscal years 2007-2008 and 2008-2009, set forth the budget totals, and hereby incorporated by references as though here fully set forth, are hereby adopted in the form on file with the Agency Secretary. SECTION 2. All encumbrances as of June 30 of each year as represented by outstanding purchase orders, and approved capital projects, are hereby authorized to be carried forward into the next fiscal year budget. SECTION 3. The Executive Director is hereby authorized to take all necessary actions to implement the provisions of said budgets as adopted on this date, including: adjustments to the budgets for unanticipated expenditures offset by revenues, budget transfers within and between departments and any other adjustments approved by the Board prior to the adoption of this resolution. PASSED AND ADOPTED at a regular meeting of the Community Redevelopment Agency of Atascadero Board held on the 12'" day of June, 2007. COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO By: Tom O'Malley, Chairperson ATTEST: Marcia McClure Torgerson, Board Secretary