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1996-06-18 Special CIC Minutes226 MINUTES OF SPECIAL MEETING OF COMMUNITY IMPROVEMENT COMMISSION JUNE 18, 1996 The meeting was convened at 7:32 pm., with Chair Appezzato presiding. Pastor Robert Broekema, First Christian Reform Church, gave the invocation. ROLL CALL - PRESENT: ABSENT: Commissioners Arnerich, DeWitt, Lucas, Mannix and Chair Appezzato - 5. None. Don Roberts, Alameda, requested to speak at this time, and stated that, as a citizen, he was issuing the following Proclamation: Whereas, the Times Star has vacated its building in Alameda, and is now at the Oakland Tribune Building; Whereas, Barbara Stevenson has faithfully served the readers of the City of Alameda for 45 years; and Whereas, she was not allowed to continue to work out of her home, but instead retire from the Alameda Times Star. Therefore, I, Don Roberts, a citizen of the City of Alameda, hereby proclaim that the City Council of the City of Alameda should rename Times Way to Barbara Stevenson Way. MINUTES (96-13) Minutes of the Special Community Improvement Commission Meeting of May 21, 1996. Approved. Commissioner Lucas moved approval of the Minutes. Commissioner Mannix seconded the motion, which carried by unanimous voice vote - 5. REPORTS AND RECOMMENDATIONS (96-14) Report from the Community Development Director regarding approval of budget for Fiscal Year 1996-97. Accepted. Ed Clark, President, West Alameda Business Association, thanked the Commission and Community Development Department for supporting west Alameda. Lynne Fitzsimmons, President, Park Street Business Association, stated that the Association should be more involved in the budget process. Chair Appezzato stated that the request was reasonable. Special Meeting, Community Improvement Commission June 18, 1996 2 '7 The Community Development Director stated that the budget process needs to be looked at for next year, and business associations deserve an opportunity to understand and participate in the total budgetary process. Commissioner Mannix inquired what the time frame was for loan repayment, and what the definition and implication were of the term: revenue deficit. The Community Development Director responded that tax increment funds are received slowly; the Cooperation Agreement states that the Commission will pay back everything borrowed from the City at 129,T interest; Commission has agreed to pay the City for indirect costs; and loans are repaid as soon as reasonably possible. The Community Development Director further stated that deficit of revenue allows collection of tax increments to repay for investments in project areas, and expenditures are judged as investments and returns. Chair Appezzato stated that whenever monies from the General Fund are discussed, staff should provide a balance sheet and keep the Commission/City Council apprised of redevelopment balances and deficits. In response to Chair Appezzato's inquiry regarding the Alameda Theater Project, the Community Development Director stated that there was no signed agreement or deposit of funds; however, there was an informal agreement. Commissioner Lucas moved the staff recommendation that the Commission approve the budget for FY 1996-97 as shown in Attachment 1 of the Report. Commissioner Mannix seconded the motion, which carried by unanimous voice vote - 5. ADJOURNMENT Chair Appezzato adjourned the meeting at 8:00 p.m. Respectfully submitted, 4gL D ANE B. FELSCH, CMC Secretary The agenda for this meeting was posted in advance in accordance with the Brown Act. Special Meeting, Community Improvement Commission June 18, 1996