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1986-05-20 Regular CIC Minutes56 REGULAR MEETING OF THE COMMUNITY IMPROVEMENT COMMISSION OF THE CITY OF ALAMEDA HELD TUESDAY MAY 20, 1986 The meeting convened at 7:25 p.m. with Chairman Diament presiding. The Pledge of Allegiance was led by Commissioner Lucas. Reverend Robert Keller, Twin Towers Methodist Church gave the invocation. ROLL CALL Present: Absent: Commissioners Corica, Hanna, Lucas, Monsef and President Diament - 5. None. MINUTES The minutes of the regular Commission meeting held April 15, 1986, and the minutes of the Annual Meeting of May 6, 1986, were approved as submitted on a motion by Commissioner Monsef, seconded by Commissioner Lucas, and carried by unanimous voice vote - 5. RESOLUTIONS 86 -32 Resolution No. 86 -29 "Approving partial assignment from Alameda Marina Village Associates and Alameda Marina Center Associates to Alameda Home Builders for the Affordable Housing Agreement." Adopted. Fred Scullin, 1120 Chestnut Street, expressed his concern regarding the absence of an agreement with or letter from Alameda Home Builders showing that they accept the duties and responsibilities being assigned. A discussion followed during which it was noted that the parties were a part of the same entity and each handles certain areas of responsibility, and that the set -aside fund for use in implementing the Housing Plan approved by the Commission is being held and it is expected that the matter must come back before the Commission for decision on how those funds are to be spent. Councilmember Corica (1) noted that the second paragraph stated that any transfer or assignments without consent of the CIC leaves AMVA and AMCA accountable to CIC but if CIC approves the transfer then AMVA and AMCA are no longer accountable, and (2) inquired, regarding the statement that the CIC would not unreasonably withhold approval, who would determine whether it is reasonable or unreasonable. The City Attorney responded (1) that it is common in real estate practice to make transfers and assignments according to expertise in a particular area, and (2) that the Court would determine reasonableness, if necessary. 57 Councilmember Hanna noted that partial assignment has already been made. Councilmember Lucas noted that Vintage is the managing partner of all of the entities involved. Councilmember Lucas moved for approval of the Councilmember Hanna seconded the motion and it was unanimous voice vote - 5. There being no further business to come before the the meeting was adjourned at 7:40 p.m. assignment, carried by Commission, Respectfully submitted, Patricia Calbreat Acting Secretary