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08-0805_CRA_Minutes_Regular MeetingMINUTES August 5, 2008 SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY REGULAR MEETING CLOSED SESSION (610.85): None RECESS UNTIL 6:30 P.M. BUSINESS SESSION Chairman Nielsen called the Regular Meeting of the Community Redevelopment Agency Board of Directors to order at 10:32 p.m. ROLL CALL DIRECTORS PRESENT: Sam Allevato, Joe Soto, Dr. Londres Uso, Vice Chairman Tom Hribar, and Chairman Mark Nielsen DIRECTORS ABSENT: None ANNOUNCEMENT OF CLOSED SESSION ACTIONS - None CONSENT CALENDAR Board Action: Moved by Director Soto, seconded by Vice -Chair Hribar, and carried unanimously, to approve items 1 through 4 as recommended by staff. 1. MINUTES OF THE REGULAR MEETING OF JULY 15, 2008 - COMMUNITY REDEVELOPMENT AGENCY, APPROVED AS SUBMITTED 2. ACCOUNTS PAYABLE WARRANTS DATED JULY 17, 2008 IN THE TOTAL AMOUNT OF $63,505.62 RECEIVED AND FILED (300.30) 3. CASH BALANCES BY FUND — MAY 31, 2008 RECEIVED AND FILED (330.50) 4. REPORT OF INVESTMENTS — MONTH ENDING MAY 31, 2008 RECEIVED AND FILED (350.30) PUBLIC HEARINGS: None BOARD ACTIONS: 1 08-05-2008 ALLOCATION OF THE 2008 TAX EXEMPT SERIES A TAX ALLOCATION BOND PROCEEDS APPROVED (340.40) Douglas Dumhart, Economic Development Manager, summarized the staff report, recommending Board action to allocate funds to the FY 2008-2009 fagade improvement program and provide funding to supplement Capital Improvement Program 111 (Del Obispo/Camino Capistrano Intersection improvements) in order to extend beautification past the intersection area. Board Action: Moved by Vice Chair Hribar, seconded by Director Soto, and carried unanimously to allocate the following funds from the 2008 Tax Allocation Bond Series -A: $140,000 to Capital Improvement Project No. 111 - Del Obispo/Camino Capistrano Intersection improvements to extend beautification beyond the intersection; and $150,000 to the FY 2008-09 Fagade Improvement Program. Board Action: Moved by Director Soto, seconded by Vice -Chair Hribar, and carried unanimously to defer consideration of additional 2008 Tax Allocation Bond Series -A Tax -Exempt proceeds, pending further discussion with staff by the Board Chair and Vice -Chair to prepare recommendations. 2. HABITAT FOR HUMANITY — CALLE ROLANDO AFFORDABLE HOUSING DEVELOPMENT: $335,342.00 GRANT FOR EXTRAORDINARY DEVELOPMENT EXPENSES AND 0% INTEREST LOAN OF $631,174 APPROVED CITY COUNCIL PRIORITY NO. 7A (600.40) Laura Stokes, Housing Coordinator, summarized the staff report. Public Comment: Mark, Kordano, Executive Director of Habitat for Humanity of Orange County discussed the project current financial status and indicated Calle Rolando street improvements were much more extensive and costly than anticipated. Linda Shepard, Chief Financial Officer, Habitat for Humanity or Orange County, reviewed the financial operations and status of the organization. Board of Directors' discussion included: Calle Rolando street improvements Desire for earlier notification of anticipated overruns Board Action: Moved by Vice -Chair Hribar, seconded by Director Soto, and carried 4-1, with Director Allevato opposed, to approve a $335,342 grant for extraordinary development expenses and a 0% interest loan of $631,174 in development fees to be repaid by Habitat for Humanity on a per unit basis at the 2 08-05-2008 time of building permit issuance; and staff directed to write an affordable housing funding agreement to memorialize the additional assistance. ROLL CALL Aye: Directors: Soto, Uso, Hribar, and Chair Nielsen No: Directors: Allevato Abstain: Director: None ADJOURNMENT There being no further business, Chairman Nielsen adjourned the meeting at 11:22 p.m. to Tuesday, August 19, 2008 at 5:30 p.m. for Closed Session, and 6:30 p.m. for the public Business Session in the City Council Chamber. Respectfully submitted, , CITY CLERK ppr ved. August 19, 2008 A EST: MARK NIELSEN, CHAIRMAN 1 3 08-05-2008 NOTICE OF SPECIAL MEETING SAN JUAN CAPISTRANO CITY COUNCIL The City of San Juan Capistrano, California, hereby gives notice that a Special Meeting of the City of San Juan Capistrano City Council will be held on Tuesday, August 5, 2008 at 6:15 p.m., in the City Council Chamber, 32400 Paseo Adelanto, San Juan Capistrano, California. ret R. Monahan, City Clerk : July 31, 2008 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF SAN JUAN CAPISTRANO ) I hereby certify that a copy of the Notice of Special Meeting of the San Juan Capistrano City Council, to be held on Tuesday, August 5, 2008 at 6:15 p.m. was mailed and/or sent via fax transmittal, or personally delivered not less than twenty-four hours before the meeting. Joe Soto, Mayor Mark Nielsen, Mayor pro tem Sam Ailevato, Council Member Tom Hribar, Council Member Dr. Londres Uso, Council Member The Register Capistrano Valley News Capistrano Dispatch Capistrano Independent News Los Angeles Times I declare underpe y of perjury that the foregoing is true and correct. v ar aret R. Monahan, City Clerk it of San Juan Capistrano Date: July 31, 2008