HomeMy WebLinkAboutRDA Minutes 1993-07-14 Chairwoman Roberta Cerri Teglia M I N U T E S
Boardmembers:
Jack Drago Redevelopment Agency
Joseph A. Fernekes
John R. Penna Municipal Services Building
Robert Yee
Community Room
July 14, 1993
AGENDA ACTION TAKEN
CALL TO ORDER: (Cassette No. 1) 7:14 p.m. Chairwoman Teglia presiding.
ROLL CALL: Boardmembers present: Drago, Fernekes, Penna,
Yee, and Teglia.
Boardmembers absent: None.
AGENDA REVIEW AGENDA REVIEW
Interim Executive Director Martel stated there were
changes to the Agenda.
CONSENT CALENDAR CONSENT CALENDAR
1. Motion to approve Minutes of the Regular Meeting of Approved.
6/9/93.
_. Motion to confirm expense claims of 7/14/93. Approved in the amount of $47,834.64.
3. Resolution granting spending authority through Au-
gust 1993 to allow for budget development.
A RESOLUTION APPROVING INTERIM FUND- RESOLUTION NO. 17-93
lNG FOR FISCAL YEAR 1993-1994 FOR THE
REDEVELOPMENT AGENCY OF THE CITY OF
SOUTH SAN FRANCISCO AND ADOPTING COR-
RESPONDING APPROPRIATIONS
M/S Yee/Fernekes - To approve the Consent Calen-
dar.
Carried by unanimous voice vote.
ADMINISTRATIVE BUSINESS ADMINISTRATIVE BUSINESS
4. Resolution approving Fiscal Agreement with the Chairwoman Teglia stated that she would preside,
South San Francisco Unified School District for the Boardmember Drago will vote, and she and Board-
El Camino Corridor Redevelopment Plan. zS'6tO.~ member Penna will not participate on the item.
A RESOLUTION AUTHORIZING EXECUTION OF Coordinator of Economic & Community Develop-
A FISCAL AGREEMENT WITH THE SOUTH SAN ment McCue stated that the agreement before the
FRANCISCO UNIFIED SCHOOL DISTRICT Agency was the result of renegotiations with the
7/14/93
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AGENDA ACTION TAKEN
ADMINISTRATIVE BUSINESS ADMINISTRATIVE BUSINESS
Resolution - Continued. School District which included annual payments of
$50,000 or 33 % of net tax increment for a maxi-
mum of twenty years. She stated that the payments
would begin in the fiscal year after the transit
agreement with BART is signed and go until the
target fiscal year which is when the Agency received
a net tax increment of $3.76 million, etc.
She stated that together the 2% and 5% payments
would provide the School District with an estimated
$2.1 million over the 40 year life of the plan. She
stated that the $50,000 annual payment would pro-
vide at the most $1 million, again over the life of
the 40 year plan.
Boardmember Yee questioned what the recommen-
dation was from the Subcommittee.
Vice Chairman Fernekes stated that it was to ap-
prove the agreement.
Boardmember Drago stated that the agreement an-
swered the two concerns on cost and funds not being
taken from the Downtown Revitalization Project.
He stated that he had wanted better documentation
of the projected students, however, they had signed
the agreement.
M/S Fernekes/Drago - To adopt the Resolution.
RESOLUTION NO. 18-93
Carried by majority roll call vote, Boardmember
Penna and Chairwoman Teglia did not participate
and were considered absent.
GOOD AND WELFARE GOOD AND WELFARE
No one chose to speak.
CLOSED SESSION CLOSED SESSION
5. Closed Session for the purpose of the discussion of The Agency chose not to hold a Closed session.
personnel matters, labor relations, property negotia-
tions and litigation.
M/S Penna/Fernekes - To adjourn the meeting.
Carried by unanimous voice vote.
7/14/93
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AGENDA ACTION TAKEN
24 1
ADJOURNMENT: ] Time of adjournment was 7:27 p.m.
~ESPECTFULLY SUBMITTED, APPROVED.
Barbara A. Battaya, CI Te man
Redevelopment Agency Redevelopment Age'ffcy
City of South San Francisco City of South San Francisco
The entries of this Agency meeting show the action taken by the Redevelopment Agency 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.
7/14/93
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