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1996-11-19 Special CIC Minutes24o MINUTES OF THE SPECIAL MEETING OF THE COMMUNITY IMPROVEMENT COMMISSION NOVEMBER 19, 1996 The meeting convened at 7:38 p.m. with Chair Appezzato presiding. ROLL CALL - PRESENT: ABSENT: Commissioners Arnerich, DeWitt, Lucas, and Chair Appezzato - 4. None. MINUTES (96-28) Minutes of the Special Community Improvement Commission Meetings of August 20, 1996 and November 4, 1996. Approved Commissioner Lucas moved approval of the Minutes. Commissioner DeWitt seconded the motion, which carried by unanimous voice vote - 4. CONSENT CALENDAR Commissioner Lucas moved approval of the Consent Calendar. Commissioner DeWitt seconded the motion, which carried by unanimous voice vote - 4. (96-29) Status Report from the Community Development Director on the Acquisition of Property at 1629 Park Street and Activities related to 1210 Lincoln Avenue. Accepted. REGULAR AGENDA (96-30) Public Hearing to consider authorization to enter into the proposed Development and Disposition Agreement with the Riding Company (Riding/Davidson - Alameda Limited Liability Company) for the sale and development of certain real property at the Drive-In Site. Accepted. Chair Appezzato opened the public portion of the Hearing. Commissioner Lucas moved the recommendation. Special Meeting Community Improvement Commission November 19, 1996 241 Commissioner DeWitt seconded the motion. Under discussion, Commissioner DeWitt requested clarification on the amount of monies being set aside for low-income housing. The Interim Executive Director Robert Wonder responded that the $2,000,450 construction cost and the net operating revenues would support a $2 million loan; and the difference of $366,000 divided by 106 units equates to the $3,455, per unit, in-lieu fee. Commissioner DeWitt stated that he received letter suggesting that the monies be set aside in a "silent second fund," and he would like staff to respond. The Interim Executive Director stated that the Community Development Department is working with the Board of Realtors on developing home ownership opportunities and will report back on the concept articulated in the letter. Commissioner Arnerich stated that the term "silent second fund" should not be used in government. Commissioner Lucas stated that Southern Pacific Railroad Company is unwilling to process two Easement Quitclaims for the Riding Company; that said Easements are not used by the Railroad; and that staff should write a letter, for the Mayor's signature, to the President of Southern Pacific regarding the matter. Commissioner Lucas stated that the motion should include her request for the letter to Southern Pacific. Commissioner Arnerich agreed to the amendment. Councilmember-elect Barbara Kerr stated that the term "silent second" is a standard term used by people who do not require down payments from low-income people at the time of purchase, and it does not refer to any underhanded dealings. Commissioner Arnerich thanked Ms. Kerr for the clarification. On the call for the question, the motion, amended to include a letter to Southern Pacific Railroad Company, was carried by unanimous voice vote - 4. Special Meeting Community Improvement Commission November 19, 19% 2 ADJOURNMENT There being no further business before the Commission, Chair Appezzato adjourned the meeting at 7:49 p.m. Respectfully submitted, DIANE B. B. FELSC CMC Secretary The agenda for this meeting was posted in advance in accordance with the Brown Act. Special Meeting Community Improvement Commission November 19, 1996