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1986-07-15 Regular CIC Minutes59 REGULAR MEETING OF THE COMMUNITY IMPROVEMENT COMMISSION OF THE CITY OF ALAMEDA HELD TUESDAY JULY 15, -1986 The meeting convened at 7:25 p.m. with Chairman Diament presiding. The Pledge of Allegiance was led by Commissioner Hanna. Reverend Su Schlagel, First Christian Church, gave the invocation. ROLL CALL Present: Commissioners Corica, Hanna, Lucas, Monsef and Chairman Diament - 5. Absent: MINUTES The minutes 1986, were Commissioner vote: Ayes: - 4. Noes: 1. None. of the Adjourned Regular Commission meeting held June 24, approved as submitted on a motion by Commissioner Lucas. Monsef seconded the motion which carried by the following Commissioners Corica, Lucas, Monsef and Chairman Diament None. Absent: None. Abstentions: Commissioner Hanna RESOLUTIONS 86 -33 Resolution No. 86 -30 "Approving a loan from the City of Alameda to finance Commission activities and authorizing the Executive Director to execute Agreement to repay funds to the City of Alameda." Adopted. After brief Council discussion regarding interest rates, financial obligations, and budget terminology (concerning reimbursements for services rendered by the City to agencies), Commissioner Hanna made a motion to approve the resolution. Commissioner Monsef seconded the motion, which carried by unanimous voice vote - 5. 86 -34 Resolution No. 86 -31 "Approving and adopting a budget for the Fiscal Year 1986 -87." Adopted. Commissioner Monsef made a motion to adopt the resolution subject to the Council's approval of the 1986 -87 Budget to be addressed under the Regular Council Agenda for July 15, 1986. Commissioner Corica seconded the motion which carried by unanimous voice vote - 5.