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2010-12-07 Joint CC ARRA CIC Minutes MINUTES OF THE SPECIAL JOINT CITY COUNCIL, ALAMEDA REUSE AND REDEVELOPMENT AUTHORITY (ARRA) AND COMMUNITY IMPROVEMENT COMMISSION (CIC) MEETING TUESDAY- -DECEMBER 7, 2010- -6:59 P.M. Mayor/Chair Johnson convened the meeting at 7:17 p.m. Honorary Councilmember Maddie Wilson led the Pledge of Allegiance. ROLL CALL - Present: Councilmembers / Board Members / Commissioners deHaan, Gilmore, Matarrese, Tam and Mayor/Chair Johnson – 5. Absent: None. MINUTES (*10- 570 CC/ARRA/*10-80 CIC) Minutes of the Special Joint City Council and CIC Meeting, and the Special Joint City Council, Alameda Reuse and Redevelopment Authority and CIC Meeting Held on November 16, 2010. Approved. Councilmember/Board Member/Commissioner Gilmore moved approval of the minutes. Councilmember/Board Member/Commissioner Tam seconded the motion, which carried by unanimous voice vote – 5. REGULAR AGENDA ITEMS (10-81 CIC) Public Hearing to Consider Resolution No. 10-171, “Approving and Adopting the Five-Year Implementation Plan for the Alameda Point Improvement Project for Fiscal Year 2010 through Fiscal Year 2014-2015.” Adopted. The Economic Development Director gave a brief presentation. Commissioner Matarrese stated tax increment comes from leasing; the five-year horizon would depend on leases; hopefully, the significant leasing policy change should be at the top of the goals and should be reflected in Part B on page 10 of the Five-Year Implementation Plan. Commissioner Gilmore stated the Commission has talked about the concept of doing long-term leases at Alameda Point; that she requested staff come back with a report and study because she is not convinced about the feasibility; adding a leasing policy change to the top of the goals might be premature. Chair Johnson stated staff could come back with information regarding the matter. Special Joint Meeting Alameda City Council, Alameda Reuse and Redevelopment Authority, and Community Improvement Commission December 7, 2010 1 The Economic Development Director stated goals could include maximizing all assets and leasing to encourage project development which would not be as specific but would provide guidance in the Plan; the Plan is for the Alameda Point redevelopment project area, not for ARRA; setting and overlapping goals for ARRA and Alameda Point could be done in a broader way. Chair Johnson stated one policy could be for Alameda Point; the Commission needs to be specific in stating that certain assets are appropriate for long-term lease and others might need a different policy. The Deputy City Manager – Development Services stated staff would come back next year with a parallel process for long-term leasing strategies for Alameda Point; the analytical process has already started. Commissioner deHaan stated including maximized leasing, as a goal would not hurt. The Deputy City Manager – Development Services stated language could be added regarding maximizing lease revenue in accordance with the Asset Management Policy. The Economic Development Manager stated a goal could be to maximize revenues and assets to assist in development. Commissioner Gilmore stated that she is okay with something broader. Commissioner Matarrese stated that he would like to maximize value, not revenue. Commissioner Tam stated that she likes the concept of broadening the concept of maximizing lease revenues and value; deferred maintenance has a pent up need, especially for the water, sewer, and gas systems; inquired whether a concept could be incorporated regarding being more disciplined in addressing maintenance issues. The Economic Development Manager responded said issue belongs in the ARRA budget. Commissioner Tam stated maximizing revenues; lease revenues in particular, would result in competition in other markets. Commissioner Matarrese stated he chose the term “value” because tax increment comes from the value assessed on improvements made, not rent revenue. Commissioner Matarrese moved adoption of the resolution with the change. Commissioner deHaan seconded the motion, which carried by unanimous voice vote – Special Joint Meeting Alameda City Council, Alameda Reuse and Redevelopment Authority, and Community Improvement Commission December 7, 2010 2 5. ADJOURNMENT There being no further business, Mayor/Chair Johnson adjourned the meeting at 7:34 p.m. Respectfully submitted, Lara Weisiger, City Clerk Secretary, CIC The agenda for this meeting was posted in accordance with the Brown Act. Special Joint Meeting Alameda City Council, Alameda Reuse and Redevelopment Authority, and Community Improvement Commission December 7, 2010 3