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HomeMy WebLinkAboutRDA Minutes 2006-02-08 MINU~r:ES REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO REGULAR MI~E,TING WEDNESDAY, FEBRUARY 8, 2006 MUNICIPAL SERVICE BUILDING COMMUNITY ROOM 33 ARROYO DRIVE CALL TO ORDER 7:01 p.m. (Cassette Tape No.1) ROLL CALL Present: Boardmembers Addiego*, Gonzalez and Matsumoto, Vice Chairman Garbarino and Chaimlan F ernekes Absent: None *Boardmember Addiego arrived at 7: 16 pm AGENDA REVIEW No changes. PUBLIC COMMENTS None. CONSENT CALENDAR 1. Motion to approve the minutes of January 25, 2006 2. Motion to confinn expense claims of February 8, 2006 in the amount of$106,392.17 Motion-Garbarino/Second-Matsumoto: To approve the Consent Calendar as submitted. Unanimously approved by voice vote. ADMINISTRA TIVE BUSINESS 3. Resolution selecting Citigroup as underwriter for Redevelopment Agency bond sale Staff report presented by Finance Director Steele. Boardmember Matsumoto stated a concern that if there was a downturn in the biotech industry it may have a detrimental effect on the City's credit rating, as similarly happened with the .com industry. She further requested that an impartial person sit on an interviewing team, such as an outside finance director who is knowledgeable and will bring a balance. Motion-Matsumoto/Second-Garbarino: To approve Resolution 01-2006, approving of the selection of Citigroup to serve as underwriter of the 2006 Tax Allocation Bonds. Approved by voice vote. Absent: Boardmember Addiego. 4. Resolution authorizing execution of agreement with CST Environmental Inc. for lead and asbestos abatement at 380 Aha Vista Drive in the amount of$42,475.90 Staff report presented by CDBG Coordinator Seana O'Shaughnessy. Boardmembers discussed with Assistant Director Van Duyn the total dollar amount the dwelling has cost to date, what those expenses have h~en for, and how the Agency will recoup some of these costs. Boardmember Matsumoto verified that the City uses a checklist of items that includes lead paint and asbestos when inspecting a property for purchase. Motion-Garbarino/Second-Gonzalez: To approve Resolution No. 02-2006, authorizing the Executive Director to execute a contract with CST Environmental Inc. for $42,475.90 for lead and asbestos abatement at 380 Aha Vista Drive. Unanimously approved by voice vote. ADJOURNMENT Being no further business, Chairman Fernekes adjourned the meeting at 7:24 p.m. Submitted bY:,J /,(2 tv l a /)7. f Ct:~ syl'Z'a M. Payne, Clerk I -~ City of South San Francisco ~~~ t,seph A. Ferneke~ City of South San Francisco REGULAR REDEVELOPMENT AGENCY MEETING MINUTES FEBRUARY 8, 2006 PAGE 2