CIC Resolution 06-145COMMUNITY IMPROVEMENT COMMISSION
RESOLUTION NO. U6-145
APPROVING AND ADOPTING THE OPERATING BUDGET
AND APPROPRIATING CERTAIN MONEYS FOR
THE EXPENDITURES PROVIDED IN FISCAL YEAR 2006-2007
WHEREAS, there has been submitted to and filed with this
Commission at this meeting, a budget representing a financial plan for conducting
the affairs of the Community Improvement Commission for the City of Alameda for
the fiscal year beginning July 1, 2006 and ending June 30, 2007 attached hereto
as Exhibit A, and
WHEREAS, the budget as presented includes several major goals
as follows:
> Tinker Avenue Extension — planning, design engineering, rights-of-
way acquisition, financing and construction planning;
> Bayport and Bayport Affordable Housing — backbone infrastructure,
community park and building, and the design, financing and
construction of thirty-nine affordable housing units;
> Re-entitlement of Catellus Phase II (Alameda Landing) —
environmental, financial and entitlement work needed to shift from
retail/office to residential and retail/office development;
> Alameda Point — in cooperation with ARRA, to secure conveyance
and begin the entitlement process and CEQA activities;
> Civic Center Parking Garage, Alameda Theater Rehabilitation and
Cinema Multiplex — finalize financing and begin construction;
> Other public/private projects — Bridgeside Shopping Center,
Alameda Towne Centre, Ballena Marina Pier and Housing, Grand
Marina housing project, parking study and Park Street Streetscape
Phase II; and
> Business retention — relationships with employers and commercial
brokers; and
WHEREAS, the Authority has considered this spending plan.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY
I MPROVMENET COMMISSION that said budget as submitted to this Commission
at this meeting, and each and every part thereof, be, and the same is hereby
approved and adopted as the Operating Budget for the Community Improvement
Commission of the City of Alameda for the fiscal year 2006- 2007, and that the
expenditure of the various sums of money therein provided to be spent for salaries
and wages, maintenance and operation, and capital outlay listed in detail are
hereby approved and authorized in total as the appropriations for the fiscal year
ending June 30, 2007; and
FURTHER, BE IT RESOLVED THAT, the Commission hereby
determines that pursuant to California Health & Safety Code 33334.3 (Low and
moderate income housing fund) the planning and administrative expenses
incurred are necessary for the production, improvement or preservation of low-
and-moderate income housing.
Budget Profile 2006 -08
Community Improvement Commission
Fiscal Year 2006 -2007
AWL
Theatre Project/Parking Garage $ 27,831,000 51.5%
FISC - Catellus 6,906,525 12.8%
CIC-BWIP 5,583,791 10.3%
CIC -WECIP 5,123,112 9.5%
Debt Svc 2003 CIC Tax Alloc Bd 2,729,859 5.1%
CIC - Housing In -Lieu Fee 1,402,391 2.6%
FISC - Catellus Ph II 1,132,800 2.1%
CIC - WECIP Housing 1,116,197 2.1%
Debt Svc -CIC Sub Bond 741 ,636 1.4%
CIC -BW IP Housing 601,247 1,1%
CIC -BWIP Hsg 2002 Bond Proceeds 433,016 0.8%
CIC -AP1P 315,599 0.6%
CIC -APIP Housing 95,973 0.2%
$ 54,013,146 100.0%
EXHIBIT A
I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly
adopted and passed by the Community Improvement Commission of the City of Alameda in a
Special Joint Meeting of the City Council, Alameda Reuse and Redevelopment Authority, and the
Community Improvement Commission held on the 5th day of July, 2006, by the following vote to
wit:
AYES: Commissioners deHaan, Gilmore, Matarrese, and
Chair Johnson - 4.
NOES: None.
ABSENT: None.
ABSTENTIONS: Commissioner Daysog - 1.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said
Commission this 6th day of July, 2006.
eeverly Johnso
Community
Commission
a\
Lara Weisiger, Secret
Community Improve ' Commission