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2014-03-18 Special CC SACIC MinutesMINUTES OF THE SPECIAL JOINT CITY COUNCIL AND SUCCESSOR AGENCY TO THE COMMUNITY IMPROVEMENT COMMISSION (SACIC) MEETING TUESDAY- -MARCH 18, 2014- -7:01 P.M. Mayor/Chair Gilmore convened the meeting at 11:17 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 Audit [paragraph no. [14-103 CC/14-005 SACIC] was removed from the Consent Calendar for discussion. Councilmember/Agency Member Chen moved approval of remainder of the Consent Calendar. Vice Mayor/Agency Member Ezzy Ashcraft seconded the motion, which carried by unanimous voice vote – 5. [Items so enacted or adopted are indicated by an asterisk preceding the paragraph number.] (*14-003 SACIC) Minutes of the Special Joint City Council and Successor Agency of the Community Improvement Commission (SACIC) Meeting of March 4, 2013. Approved. (*14- 004 SACIC) Recommendation to Authorize the City Manager to Negotiate and Execute an Agreement with Catellus Alameda Retail LLC to Provide Funding for Construction of a Cross-Walk at Stargell Avenue and Webster Street in an Amount not to Exceed $258,000; Accepted; and (*14-102 CC/14-004 A SACIC) Recommendation to Authorize the City Manager to Negotiate and Execute an Agreement Regarding Expenditure of Excess Bond Proceeds between the City of Alameda and the Successor Agency to the Community Improvement Commission. Accepted. (*14-103 CC/14-005 SACIC) Recommendation to Accept the Fiscal Year 2012-13 Audited Financial Statements and Compliance Reports. The Finance Director gave a brief report. Joint Alameda City Council and Successor Agency to the Community Improvement Commission March 18, 2014 Commended staff for the audit report: Kevin Kearney, City Auditor. Agenda Item (14-104 CC/14-006 SACIC) Recommendation to Accept the Second Quarter Financial Report for the Period Ending December 31, 2013 and Approve Mid-Year Budget Adjustments to the Fiscal Year 2013-14 Budget. The Finance Director gave a brief presentation. Mayor Gilmore inquired whether the City received 25% of the un-used funds the Successor Agency funds, which went to the County. The Finance Director responded in the affirmative; stated every six months the City submits budget obligations to the Successor Agency Board; the Board receives about $6 to $7 million; remaining fund not used for obligations are returned to the 1% County pool; after the Educational Revenue Augmentation Fund (ERAF) payment, the City’s net is approximately 25%. Mayor Gilmore inquired why the State is not trying to take the remaining funds. The Finance Director stated part of the 1% funds go toward ERAF, which is less money the State has to spend for the schools. The City Manager added the funds count against the State’s Proposition 98 amount. Councilmember Daysog inquired whether the return of $1 million would reoccur annually, to which the Finance Director responded in the negative; stated some amount every six months will be received which will be evaluated for the mid-cycle update. Councilmember Daysog moved approval of the staff recommendation. Councilmember Tam seconded the motion which carried by unanimous voice vote – 5. Adjournment (14-105 CC) There being no further business, Mayor/Chair Gilmore adjourned the meeting at 11:32 p.m. in memory of Ray Gaul. Respectfully submitted, Lara Weisiger, City Clerk Secretary, SACIC The agenda for this meeting was posted in accordance with the Sunshine Ordinance. Joint Alameda City Council and Successor Agency to the Community Improvement Commission March 18, 2014