2005-02-01 Joint CC CIC ARRA MinutesMINUTES OF THE SPECIAL JOINT CITY COUNCIL,
COMMUNITY IMPROVEMENT COMMISSION AND
ALAMEDA REUSE AND REDEVELOPMENT AUTHORITY MEETING
TUESDAY- -FEBRUARY 1, 2005- -7:27 P.M.
Mayor/Chair Johnson convened the Special Meeting at 8:05 p.m.
ROLL CALL – Present: Councilmembers/Commissioners/Board Members
Daysog, deHaan, Gilmore, Matarrese, and
Mayor/Chair Johnson – 5.
Absent: None.
AGENDA ITEMS
JOINT ACTION:
(05-046CC/05-005CIC) Recommendation to accept the Quarterly
Financial Report and approve mid-year budget adjustments.
The Interim City Manager/Executive Director stated that the report
shows the revenues and expenditures for the first six months of the
Fiscal Year and recommended adjustments.
The Finance Director stated the report provides a snapshot view;
matters could get better or worse; the amended budget has a $4.8
million deficit; a report on closing the deficit would be presented
at the February 15 City Council Meeting; 45% of the estimated
revenues have been received; expenditures are at 43.5% of budget;
the estimated fund balance is based on estimated revenues and
appropriations.
Councilmember/Commissioner/Board Member Daysog inquired how much of
the projected $13.4 million fund balance is designated, to which
the Finance Director responded approximately $8.5 million.
Councilmember/Commissioner/Board Member Matarrese inquired whether
there would be a budget adjustment due to the 43.5% run rate.
The Interim City Manager/Executive Director responded that a budget
adjustment would be made that would equal the estimated overrun of
$4.8 million.
Mayor/Chair Johnson stated the budget situation is a very serious
problem.
Councilmember/Commissioner/Board Member Daysog moved acceptance of
the staff recommendation.
Special Joint Meeting Alameda City Council, Community
Improvement Commission and Alameda Reuse and Redevelopment Authority
February 1, 2005
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Councilmember/Commissioner/Board Member Matarrese seconded the
motion, which carried by unanimous voice vote – 5.
COMMUNITY IMPROVEMENT COMMISSION ACTION:
(05-006CIC) Resolution #05-133, “Approving and Authorizing
Execution of an Assigment and Assumption Agreement and First
Amendment to Exclusive Negotiation Agreement between MovieTECS,
Inc. and the Community Improvement Commission of the City of
Alameda.” (2305 Central Avenue, Video Maniacs) Adopted.
Lars Hanson, President of the Park Street Business Association
(PSBA), stated that PSBA supports the resolution; adoption of the
resolution would be the first step toward restoring the historic
Alameda theatre.
Duane Watson encouraged building the parking structure.
Debbie George, Alameda, urged adoption of the resolution.
Robb Ratto, PSBA, thanked the Council for taking a historic step in
moving forward with the parking structure, the restoration of the
Alameda theatre, and the new theatre complex.
Commissioner Matarrese moved adoption of the Resolution.
Commissioner deHaan seconded the motion.
Under discussion, Commissioner deHaan stated that the theatre
project has been a long time coming.
Chair Johnson stated that many people still do not believe that the
theatre project is moving forward; affirmative steps need to be
taken to let people know that the theatre is going to reopen.
On the call for the question, the motion carried by unanimous voice
vote – 5.
ADJOURNMENT
There being no further business, Mayor/Chair Johnson adjourned the
special meeting at 8:20 p.m.
Respectfully submitted,
Lara Weisiger, City Clerk
Secretary, Community Improvement
Commission
Agenda for meeting was posted in accordance with the Brown Act.
Special Joint Meeting Alameda City Council, Community
Improvement Commission and Alameda Reuse and Redevelopment Authority
February 1, 2005
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