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2014-10-21 Joint CC SACIC MinutesJoint Meeting Alameda City Council and Successor Agency to the Community Improvement Commission October 21, 2014 MINUTES OF THE SPECIAL JOINT CITY COUNCIL AND SUCCESSOR AGENCY TO THE COMMUNITY IMPROVEMENT COMMISSION (SACIC) MEETING TUESDAY- -OCTOBER 21, 2014- -6:59 P.M. Mayor/Chair Gilmore convened the meeting at 7:41 p.m. Roll Call - Present: Councilmembers/Agency Members Chen, Daysog, Ezzy Ashcraft, Tam and Mayor/Chair Gilmore – 5. Absent: None. Oral Communications None. Consent Calendar Mayor/Chair Gilmore announced that the Amendment to an Agreement regarding expenditure of Excess Bond Proceeds [paragraph no. 14-454 CC/14-013 SACIC] was removed from the Consent Calendar for discussion. Councilmember/Agency Member Daysog moved approval of the consent calendar. Councilmember/Agency Member Tam seconded the motion which carried by unanimous voice vote – 5. [Items so enacted or adopted are indicated by an asterisk preceding the paragraph number.] (*14-453 CC/14-011 SACIC) Minutes of the Special Joint City Council and Successor Agency to the Community Improvement Commission Meeting Held on September 16, 2014. Approved. (*14-012 SACIC) Recommendation to Approve a Fifth Amendment to the Agreement with Keyser Marston Associates, Inc. for Financial Services through June 30, 2015, and Adding $50,000, for a Total Budget Amount of $199,000. Accepted. (14-454 CC/14-013 SACIC) Recommendation to Authorize the City Manager to Execute an Amendment to an Agreement between the Successor Agency and the City of Alameda Regarding Expenditure of Excess Bond Proceeds. Vice Mayor Ezzy Ashcraft inquired how unexpended redevelopment bond proceeds would be allocated between the Emergency Operations Center (EOC) and Fire Station 3. The Community Development Director responded the EOC and Fire Station 3 were Joint Meeting Alameda City Council and Successor Agency to the Community Improvement Commission October 21, 2014 given as examples of projects that could be eligible to be funded by the excess bond proceeds; stated it would be up to the Council to budget the funds once the funds are received in the next Recognized Obligation Payment Schedule (ROPS) period which is in January, 2015; allocation of the funds would go through the standard budget process and staff would return to Council with specific recommendations about expenditures; the amendment is solely to encumber the funds and enter into an agreement in order to transfer the funds from the SACIC to the Council. The Assistant City Manager noted the funds require Stated Department of Finance approval before returning to Council for approval. Vice Mayor Ezzy Ashcraft inquired whether the decision about funding will return to the Council before the scheduled groundbreaking of the EOC, to which the Community Development Director responded in the affirmative. In response to Councilmember Daysog’s inquiry, the Community Development Director stated the unexpended bond proceeds are restricted and can only be spent within the merged project area and for capital projects contemplated in the official statement for the original bonds. Vice Mayor/Agency Member Ezzy Ashcraft moved approval of the staff recommendation. Councilmember/Agency Daysog seconded the motion, which carried by unanimous voice vote – 5. (*14-455 CC/14-014 SACIC) Recommendation to Authorize the City Manager to Execute an Agreement Regarding Reinstatement of a Loan between the City of Alameda and the Successor Agency to the Community Improvement Commission of the City of Alameda. Accepted. Adjournment There being no further business, Mayor/Chair Gilmore adjourned the meeting at 7:47 p.m. Respectfully submitted, Lara Weisiger, City Clerk Secretary, SACIC The agenda for this meeting was posted in accordance with the Sunshine Ordinance.