CIC Resolution 07-150COMMUNITY IMPROVEMENT COMMISSION RESOLUTION NO. 07 -150
APPROVING AND ADOPTING THE OPERATING BUDGET
AND APPROPRIATING CERTAIN MONEYS FOR
THE EXPENDITURES PROVIDED IN FISCAL YEAR 2007 -2008
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, 2007, and ending June 30, 2008, attached hereto as Exhibit
A; and
WHEREAS, the budget as presented includes several major goals as
follows:
➢ Shinsei Gardens - the design, financing, and construction of thirty -
nine affordable housing units;
➢ Catellus Phase II (Alameda Landing) - environmental, financial, and
infrastructure work, including Stargell Avenue extension;
➢ Alameda Point - in cooperation with ARRA, secure conveyance and
begin the entitlement process and California Environmental Quality
Act activities;
➢ Civic Center Parking Garage, Alameda Theater Rehabilitation and
Cinema Multiplex - finalize construction and operations planning;
➢ Other public /private projects - Grand Marina housing project ,
parking study, and Park Street Streetscape Phase II;
➢ 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
IMPROVEMENT 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 2007- 2008, 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, 2008.
BE IT FURTHER 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
Community Improvement Commission (CIC)
Fiscal Year 2007 -2008
CIC -BWIP
CIC -WECIP
CIC -WECIP Housing
FISC Lease Revenue Fund
CIC -BWIP Housing
CIC -APIP
FISC - Catellus
CIC -APIP Housing
FISC - Catellus Ph II
FISC - Catel /ProLogis Ala Landing
6,507,554 46.3%
4,950,665 352%
943,438 6.7%
658,916 4.7%
438,268 3.1%
335,165 2.4%
150,861 1.1%
60,540 0.4%
0.0%
- 0.0%
$ 14,045,407 100.0%
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 on the 19th day of
June 2007, by the following vote to wit:
AYES: Commissioners Daydog, deHaan, Gilmore, Matarrese,
and Chair Johnson - 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said
Commission this 20th day of June, 2007.
Lara Weisiger, Secretary
Community Improvement
. -
Beverly Jotinso\ta, ‘,1
Community IMprqverneljt Commission
NJ
mission