2000-02-01 Annual APIC MinutesMINUTES OF ANNUAL ALAMEDA PUBLIC IMPROVEMENT CORPORATION MEETING
TUESDAY- - FEBRUARY 1, 2000- -7:25 P.M.
Vice Chair Daysog convened the Annual Meeting at 7:42 p.m.
ROLL CALL - Present: Board Members Daysog, DeWitt, Johnson and
Kerr - 4.
Absent: Chair Appezzato - 1.
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(00 -02) Minutes of the Annual Alameda Public Improvement
Corporation Meeting of February 2, 1999 and the Special Joint City
Council and Alameda Public Improvement Corporation Meeting of
January 18, 2000. Approved.
Board Member Kerr moved approval of the February 2, 1999 Minutes.
Board Member DeWitt seconded the motion, which carried by the
following voice vote: Ayes: Board Members Daysog, DeWitt and Kerr -
3. Abstention: Board Member Johnson - 1. Absent: Chair Appezzato
- 1.
Board Member Kerr moved approval of the January 18, 2000 Minutes.
Board Member DeWitt seconded the motion, which carried by unanimous
voice vote - 4. Absent: Chair Appezzato - 1.
AGENDA ITEM
None.
ORAL COMMUNICATIONS, NON- AGENDA
(00 -03) Richard Neveln, Alameda, requested clarification on the
relationship between the Alameda Public Improvement Corporation
(APIC) and the Community Improvement Commission (CIC); stated it
appears nothing happened during the year; inquired what the
Corporation does.
Legal Counsel Carol Korade stated the CIC is the redevelopment
agency for the City of Alameda, formed under State law; APIC is,
literally, a corporation formed for the purpose of financing and
does various financial transactions, such as bond refinancing
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February 1, 2000
issuance; there has been no activity because there has not been any
pertinent financing within the year; APIC needs to exist in the
event there are major capital improvements which need financing
issued; every corporation is required to have an annual meeting,
including APIC; the City Clerk's announcement of the meeting and
the Roll Call identify the meeting as an APIC Meeting.
BOARD COMMUNICATIONS
None.
ADJOURNMENT
There being no further business, Vice Chair Daysog adjourned the
Annual Meeting at 7:46 p.m.
Respectfully submitted,
Diane B. Felsch, CMC
Secretary, Alameda Public
Improvement Corporation
The agenda for this meeting was posted in accordance with the Brown
Act.
Annual Meeting
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February 1, 2000