HomeMy WebLinkAboutRDA Minutes 2003-01-08MINUTES
REDEVELOPMENT AGENCY
OF THE
CITY OF SOUTH SAN FRANCISCO
REGULAR MEETING
JANUARY 8, 2003
MUNICIPAL SERVICE BUILDING
COMMUNITY ROOM
33 ARROYO DRIVE
CALLTO ORDER
7:00 p.m.
(Cassette Tape No. 1)
ROLL CALL Present:
Boardmembers Femekes, Garbadno, and
Green, Vice Chair Matsumoto and Chairman
Gonzalez
Absent: None
AGENDA REVIEW
City Manager Wilson informed Council that an additional staff report for Item No. 3 has been
distributed to Council.
PUBLIC COMMENTS None
CONSENT CALENDAR
1. Motion to approve the minutes of the December 11, 2002 regular meeting
2. Motion to confirm expense claims of January 8, 2003 in the amount of $726,088.65
Motion-Matsumoto/Second-Femekes: To approve the Consent Calendar as submitted.
Unanimously approved by voice vote.
ADMINISTRATIVE
o
Resolution approving loan agreements between the City of South San Francisco and the
Redevelopment Agency, allocating funds between agency accounts, appropriating funds
for repayment of obligations and approving an amendment to the Redevelopment Agency
Budget (No. 03-13) to reflect appropriations
Staff report presented by Agency Assistant Director Van Duyn. Staff requested that $3.6
million be pledged to the General Fund and left uncommitted at this time. Executive
Director Wilson stated that the money would not be committed until it is prudent and the
fiscal situation at the State level is resolved.
In response to a question by Boardmember Green, Director Van Duyn explained that the
source of revenue for the 20% low-to-moderate income fund comes from tax increment
money and the 20% level is set by the State. He further explained that when General
Fund money is loaned to the Redevelopment Agency it is paid back at a 6% interest rate.
Boardmember Matsumoto questioned the number of Willow Garden units owned by the
Agency and staff responded that the Agency currently owns seven fourplexes, but
seventeen fourplexes is the overall program objective. In response to further questions
raised, Director Van Duyn explained that staff is requesting that the 20% low-to-
moderate fund be encumbered to the Willow Garden "project specific" to insure that the
entire contract with Mid-Peninsula be completed. Staff indicated that this action does
not guarantee that the money is protected from the State.
Prior to the adoption of the resolutions, Agency Counsel Mattas noted corrections to
resolution, modifying language that the payment of $1,600,000 be amended to reflect
$3,600,000.
Motion-Femekes/Second-Garbarino: To approve Resolution No. 1-2003, with
corrections as noted above, approving loan agreements between the City of South San
Francisco and Redevelopment Agency, appropriating funds for repayment of obligations
and approving budget amendment 03-13. Unanimously approved by voice vote.
(note: A second motion was taken by the Agency on the adoption ora resolution that was
later determined by Agency Counsel Mattis to be not necessary.)
CLOSED SESSION
(Recess: 7:28 pm - 8:36 pm)
Pursuant to Government Code Section 54956.8 real property negotiations related to 178-
190 Airport Boulevard and 480 North Canal Street; Agency Negotiator: Redevelopment
Agency Assistant Director Van Duyn
Time entered into Closed Session:
Time reconvened into Open Session:
Report from Closed Session:
8:36 p.m.
9:30 p.m., all Boardmembers present.
Direction given, no action taken.
ADJOURNMENT
Motion-Femekes/Second-Green: To adjourn the meeting at 9:30 p.m. Unanimously approved
by voice vote.
Submitted by:
Sylbla M. Payne,
City of South San Francisco
Approved: //ff
Pedro Gonzalez, C-?dairmafi
City of South San Francisco
The entries of this Redevelopment Agency meeting show the action taken by the Board to dispose of an item. Oral
communications, arguments, and comments are recorded on tape. The tape and documents related to the items are on file
in the Office of the City Clerk and are available for inspection, review and copying.
REGULAR REDEVELOPMENT AGENCY MEETING JANUARY 8, 2003
MINUTES PAGE 2