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Minutes 2011-03-08 SP ACTION MINUTES SPECIAL MEETING OF THE CITY COUNCIUREDEVELOPMENT AGENCY TUESDAY, MARCH 8, 2011 COUNCIL CHAMBERS, 215 EAST BRANCH STREET ARROYO GRANDE, CALIFORNIA 1. CALL TO ORDER Mayor Ferrara called the Special City Council /Redevelopment Agency meeting to order at 6:34 p.m. 2. ROLL CALL City Council /RDA: Council /Board Member Tim Brown, Council /Board Member Jim Guthrie, Council /Board Member Joe Costello, Mayor Pro Tem/Vice Chair Caren Ray, and Mayor /Chair Tony Ferrara were present. City Staff Present: City Manager /Executive Director Steven Adams, City Attorney Tim Carmel, and City Clerk/Agency Secretary Kelly Wetmore. 3. FLAG SALUTE Mayor Ferrara led the Flag Salute. 4. PUBLIC COMMENT No public comments were received. 5. CONSIDERATION OF RESOLUTIONS APPROVING A FUNDING AGREEMENT FOR LE POINT STREET IMPROVEMENTS AND PARKING LOT EXPANSION PROJECT, PW 2011- 02 ICOUNCIURDAj City Manager /Executive Director Adams presented the staff report and recommended that the Council /RDA Board: 1) Adopt a Resolution of the Arroyo Grande Redevelopment Agency approving a Funding Agreement by and between the Agency and the City of Arroyo Grande, and making the findings required by Health & Safety Code Section 33445, for Agency funding of the Le Point Street Improvements and Parking Lot Expansion Project, PW 2011 -02; 2) Adopt a Resolution of the City Council of the City of Arroyo Grande approving a Funding Agreement by and between the City of Arroyo Grande and the Arroyo Grande Redevelopment Agency, and making the findings required by Health & Safety Code Section 33445, for Agency funding of the Le Point Street Improvements and Parking Lot Expansion Project, PW 2011 -02; and 3) Authorize the Mayor to execute the Funding Agreement contingent upon the award of the construction contract for the Le Point Street Improvements and Parking Lot Expansion Project. Action: Board Member Costello moved, and Vice Chair Ray seconded the motion to adopt a Resolution as follows: "A RESOLUTION OF THE ARROYO GRANDE REDEVELOPMENT AGENCY APPROVING AN AFFORDABLE HOUSING AND LOAN AGREEMENT FOR THE DEVELOPMENT OF AN AFFORDABLE HOUSING RENTAL PROJECT AND FINDING THAT THE AGENCY'S EXPENDITURE OF LOW AND MODERATE INCOME HOUSING FUNDS OUTSIDE THE BOUNDARIES OF THE ARROYO GRANDE REDEVELOPMENT PROJECT AREA BENEFITS THE PROJECT AREA ". The motion passed on the following roll -call vote: Action Minutes: City Council/Redevelopment Agency Special Meeting Page 2 Tuesday, March 8, 2011 AYES: Costello, Ray, Guthrie, Brown, Ferrara NOES: None ABSENT: None Action: Council Member Costello moved, and Mayor Pro Tem Ray seconded the motion to adopt a Resolution as follows: "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE APPROVING A FUNDING AGREEMENT BY AND BETWEEN THE CITY AND THE ARROYO GRANDE REDEVELOPMENT AGENCY, AND MAKING THE FINDINGS REQUIRED BY HEALTH & SAFETY CODE SECTION 33445, FOR AGENCY FUNDING OF THE LE POINT STREET IMPROVEMENTS AND PARKING LOT EXPANSION PROJECT, PW 2011 -02 ". The motion passed on the following roll -call vote: AYES: Costello, Ray, Guthrie, Brown, Ferrara ._NOES: None ABSENT: None .6. ADJOURNMENT -Mayor /Chair Ferrara adjoumed the special meeting at 6:49 p.m. \ i 4142 Tony ayor /Chair ATTEST: ar /// M 1441,01 Kelly We ore/ ity Clerk/Agency Secretary (Approved at CC Mtg 3 -a2- a (