HomeMy WebLinkAboutSPJT Minutes 1995-09-05SRRA/SRCC MINUTES (Spec. Jt.) 9/5/95 Page 1
IN THE COUNCIL CHAMBER OF THE CITY OF SAN RAFAEL, TUESDAY, SEPTEMBER 5, 1995,
AT 8:20 PM
Special Joint Public Hearing Present: Albert J.Boro, Mayor/Chairman
San Rafael City Council/ Paul Cohen,Councilmember/Member
San Rafael Redevelopment Agency Barbara Heller,
Councilmember/Member
Gary Phillips, Councilmember/Member
David Zappetini. Councilmember/Member
Absent: None
Others Present: Pamela Nicolai, City Manager/Executive Director
Gary Ragghianti, City Attorney/Agency Attorney
Jeanne Leoncini, City Clerk/Agency Secretary
SPECIAL JOINT PUBLIC HEARING - CITY COUNCIL AND THE REDEVELOPMENT AGENCY TO
CONSIDER A SECOND AMENDMENT TO FISCAL AGREEMENT BETWEEN COUNTY OF MARIN, CITY
OF SAN RAFAEL, SAN RAFAEL ELEMENTARY AND HIGH SCHOOL DISTRICTS, MARIN COMMUNITY
COLLEGE DISTRICT AND SAN RAFAEL REDEVELOPMENT AGENCY (REDEVELOPMENT III) AND TO
CONSIDER THE ADOPTION OF RESOLUTIONS AUTHORIZING AND APPROVING (1) THE SALE AND
ISSUANCE OF TAX ALLOCATION BONDS BY THE REDEVELOPMENT AGENCY (2) CERTAIN OTHER
MATTERS NECESSARILY RELATED THERETO (RA)
- File R-5 x R-6 x R-7 x (SRCC) 4-16-7
Mayor Boro called to order a Special Joint Public Hearing of the San Rafael
Redevelopment Agency and the San Rafael City Council. Mayor Boro stated he was
pleased to announce the City and the County of Marin have been able to conclude
successful agreement to the extension of our redevelopment effort, and called
on Redevelopment Assistant Executive Director Jake Ours to outline the issues.
Mr. Ours reported that for the past six months the City had been participating
in intense negotiations in an effort to gain approval for Redevelopment III, which
is the third round of redevelopment funding and includes several significant
projects. The final meeting with the County of Marin was held two weeks ago,
and it has been agreed that the County of Marin will be a partner with the City
of San Rafael in this venture, and will contribute to the funding. Mr. Ours
reported the City had also had extensive negotiations with the schools, noting
his report lists a number of projects of benefit to the school systems, which
in turn will benefit the entire City. Mr. Ours stated the Redevelopment Agency
was very pleased the City was able to reach an agreement with the many different
and diverse groups, each with their different constituencies. He stated the
proposed Resolutions would authorize the issuance of the bonds and allow the Agency
to proceed with the redevelopment projects. Mr. Ours explained that as this was
a joint meeting, the City Council and Redevelopment Agency would alternate in
taking action on the proposed Resolutions.
Mayor Boro asked if the Councilmembers/Members of the Agency had any questions
on the activities that had led to the Resolutions being presented.
Councilmember Zappetini, noting the Agency was going to sell the bonds for
$9,500,000, asked when Redevelopment was sunsetting, and what the plan would be
after these projects were completed? Mr. Ours responded the actual Agency would
continue after the time that the funding had been depleted, noting the year 2017
was the sunset date in the Redevelopment Plan. He stated this would mean the
Agency would have funds for approximately five to seven years of operation. At
the end of that time there would not be an active Redevelopment Agency, and the
City would go into an inactive role involved in such things as paying debt service.
He stated there would still be activity, but the City would not be able to go
out and begin a project with its own capital. The City would still have the
authority that the Agency has, and could still act as an Agency, but would not
have the funding. Mr. Ours stated there would still be tax increments available,
and in the years to come the City may find other ways to go forward with new programs,
perhaps by convincing the County and other taxing agencies to become involved.
Mr. Ours noted there did not seem to be much support for the Agency to go forward
after Redevelopment III, so there was no formal plan established for the Agency
after this project is completed.
Councilmember Cohen stated that at the priority setting meeting held by the Council
last spring, the Councilmembers had talked about amounts significantly higher
than this, and from an Agency perspective, they would have liked to achieve those
higher numbers. He noted, however, there are a number of players in this type
of decision, such as the County and the School Districts, all of whom are impacted
by this. He stated that because of the current fiscal position of all the public
agencies, this was the highest number we were able to get, balancing the benefits
SRRA/SRCC MINUTES (Spec. Jt.) 9/5/95 Page 1
SRRA/SRCC MINUTES (Spec. Jt.) 9/5/95 Page 2
of having an active, well funded Redevelopment Agency in San Rafael against the
loss of day-to-day revenue. Mr. Cohen stated he felt there would still be
opportunity in the future, noting he was hopeful that perhaps within a couple
of years from now, if the economy continues to turn around, or if some sense is
restored to local agency financing, people might be able to look once again at
the long-term benefits of having a capital improvement program, which is what
the Redevelopment Agency has really been for the City of San Rafael. Mr. Cohen
stated he would like to see the Council and Redevelopment Agency proceed and pass
the recommended Resolutions.
Mayor Boro stated we have had quite a long struggle with the Board of Supervisors
during the initial discussions. He noted, however, we were able to prove that
during the past twenty
years we had increased the value in the Redevelopment Area by $9,000,000, and
the County had realized an approximate $3,000,000 benefit from that in property
tax. Mayor Boro stated the County is paying to support this, but noted he was
especially pleased that the entire Board of Supervisors, representing all of Marin
County, voted unanimously to support this. He felt we had shown, as an Agency,
that we have been prudent, and that we have come through, not only with projects
but with housing as well, with over 300 units in this Agency territory. He stated
he was very pleased this has happened, and certainly supports the motions being
presented.
Mayor/Chairman Boro declared the Special Joint Public Hearing opened, and noted
the Agency Attorney, Mr. Lee Rosenthal, was present to answer any questions
regarding legalities.
There being no questions or comments, Mayor/Chairman Boro closed the Special Joint
Public Hearing.
0-113Iwo40w4wKe1f1k,["0OF
1. TO CONSIDER RESOLUTION APPROVING SECOND AMENDMENT TO FISCAL AGREEMENT AND
AUTHORIZING CITY MANAGER TO EXECUTE SECOND AMENDMENT TO FISCAL AGREEMENT
ON BEHALF OF THE CITY.
Councilmember Cohen moved and Councilmember Zappetini seconded, to adopt the
resolution approving the second amendment to the fiscal agreement and
authorizing the City Manager to execute the second amendment to the fiscal
agreement on behalf of the City.
Under discussion, Mr. Cohen stated there was a modification to the language that
he wanted to correct for the record. He noted in the text of the agreement
a line has been omitted from page two of the document entitled "Second
Amendment to Fiscal Agreement." Mr. Cohen recited the text as it should
read correctly: "Paragraph 4 of the Original Agreement shall be amended
to add the following: 'The Agency shall use the proceeds of tax allocation
bonds issued after July 1, 1995, and secured by the tax increment funds
received pursuant to subparagraph 2 (a) above (as amended by the Second
Amendment) for the projects and purposes set forth in Exhibit B which is
attached to the Second Amendment. The Parties recognize that the dollar
amounts set forth in the attached Exhibit D with respect to each specific
project or purpose are estimates and that the Agency may spend more or less
than the amounts set forth in Exhibit D for a particular project or purpose."
Councilmember Cohen moved the resolution be adopted with that correction. Mayor
Boro stated the correction had been made an amendment to the motion and
accepted by the second to the motion, and asked for the roll call.
RESOLUTION NO. 9439 - RESOLUTION APPROVING SECOND AMENDMENT TO FISCAL
AGREEMENT AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE SECOND AMENDMENT
TO FISCAL AGREEMENT ON BEHALF OF THE CITY (As Amended)
AYES: COUNCILMEMBERS: Cohen, Heller, Phillips, Zappetini & Mayor Boro
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
SAN RAFAEL REDEVELOPMENT AGENCY:
1. TO CONSIDER RESOLUTION APPROVING SECOND AMENDMENT TO FISCAL AGREEMENT AND
AUTHORIZING EXECUTIVE DIRECTOR TO EXECUTE SECOND AMENDMENT TO FISCAL
AGREEMENT ON BEHALF OF THE CITY.
Member Cohen moved and Member Zappetini seconded, to adopt the resolution approving
SRRA/SRCC MINUTES (Spec. Jt.) 9/5/95 Page 2
SRRA/SRCC MINUTES (Spec. Jt.) 9/5/95 Page 3
the second amendment to the fiscal agreement and authorizing the Executive
Director to execute the second amendment to the fiscal agreement on behalf
of the Agency, with the same correction previously noted to the second
amendment to the fiscal agreement.
RESOLUTION NO. 95-24 - RESOLUTION APPROVING SECOND AMENDMENT TO FISCAL
AGREEMENT AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE THE SECOND
AMENDMENT TO FISCAL AGREEMENT ON BEHALF OF THE AGENCY (As Amended)
AYES: MEMBERS: Cohen,
NOES: MEMBERS: None
ABSENT: MEMBERS: None
SAN RAPART. rTTY r0TTNrTT.
Heller, Phillips, Zappetini & Chairman Boro
2. TO CONSIDER RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL APPROVING
THE ISSUANCE OF SALE OF NOT TO EXCEED $9, 500, 000 AGGREGATE PRINCIPAL AMOUNT
OF SAN RAFAEL REDEVELOPMENT AGENCY CENTRAL SAN RAFAEL REDEVELOPMENT PROJECT
TAX ALLOCATION BONDS, SERIES 1995.
Councilmember Cohen moved and Councilmember Phillips seconded, to adopt a
resolution approving the issuance and sale of not to exceed $9,500,000
aggregate principal amount of San Rafael Redevelopment Agency Central San
Rafael Redevelopment Project Tax Allocation Bonds, Series 1995.
RESOLUTION NO. 9440 - RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL
APPROVING THE ISSUANCE AND SALE OF NOT TO EXCEED $9,500,000 AGGREGATE
PRINCIPAL AMOUNT OF SAN RAFAEL REDEVELOPMENT AGENCY CENTRAL SAN RAFAEL
REDEVELOPMENT PROJECT TAX ALLOCATION BONDS, SERIES 1995
AYES: COUNCILMEMBERS: Cohen, Heller, Phillips, Zappetini & Mayor Boro
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
SAN RAFAEL REDEVELOPMENT AGENCY:
2. TO CONSIDER A RESOLUTION APPROVING PUBLIC IMPROVEMENTS AGREEMENT WITH THE
COUNTY OF MARIN AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE PUBLIC
IMPROVEMENTS AGREEMENT WITH THE COUNTY OF MARIN ON BEHALF OF THE AGENCY.
Member Cohen moved and Member Zappetini seconded, to adopt a resolution approving
public improvements agreement with the County of Marin and authorizing the
Executive Director to execute public improvements agreement with the County
of Marin on behalf
of the Agency.
RESOLUTION NO. 95-25 - RESOLUTION APPROVING PUBLIC IMPROVEMENTS AGREEMENT
WITH THE COUNTY OF MARIN AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE
PUBLIC IMPROVEMENTS AGREEMENT WITH THE COUNTY ON BEHALF OF THE AGENCY
AYES: MEMBERS: Cohen, Heller, Phillips, Zappetini & Chairman Boro
NOES: MEMBERS: None
ABSENT: MEMBERS: None
3. TO CONSIDER A RESOLUTION APPROVING PUBLIC IMPROVEMENTS AGREEMENT WITH THE
SAN RAFAEL ELEMENTARY SCHOOL DISTRICT, SAN RAFAEL HIGH SCHOOL DISTRICT,
AND MARIN COMMUNITY COLLEGE DISTRICT AND AUTHORIZING THE EXECUTIVE DIRECTOR
TO EXECUTE PUBLIC IMPROVEMENTS AGREEMENT WITH SAID DISTRICTS ON BEHALF OF
THE AGENCY.
Member Cohen moved and Member Zappetini seconded, to adopt a resolution approving
public improvements agreement with the San Rafael Elementary School District,
San Rafael High School District and the Marin County Community College
District and authorizing the Executive Director to execute public
improvements agreement with said districts on behalf of the Agency.
SRRA/SRCC MINUTES (Spec. Jt.) 9/5/95 Page 3
SRRA/SRCC MINUTES (Spec. Jt.) 9/5/95 Page 4
RESOLUTION NO. 95-26 - RESOLUTION APPROVING PUBLIC IMPROVEMENTS AGREEMENT
WITH SAN RAFAEL ELEMENTARY SCHOOL DISTRICT, SAN RAFAEL HIGH SCHOOL DISTRICT,
AND MARIN COMMUNITY COLLEGE DISTRICT AND AUTHORIZING THE EXECUTIVE DIRECTOR
TO EXECUTE PUBLIC IMPROVEMENTS AGREEMENT WITH SAID DISTRICTS ON BEHALF OF
THE AGENCY
AYES: MEMBERS: Cohen, Heller, Phillips, Zappetini & Chairman Boro
NOES: MEMBERS: None
ABSENT: MEMBERS: None
4. TO CONSIDER SECOND SUPPLEMENTAL RESOLUTION AUTHORIZING THE ISSUANCE OF NOT
TO EXCEED $9,500,000 PRINCIPAL AMOUNT OF CENTRAL SAN RAFAEL REDEVELOPMENT
PROJECT TAX ALLOCATION BONDS, SERIES 1995.
Member Cohen moved and Member Heller seconded, to adopt a resolution approving
a second supplemental resolution authorizing issuance of not to exceed
$9,500,000 principal amount of Central San Rafael Redevelopment Project
Tax Allocation Bonds, Series 1995.
RESOLUTION NO. 95-27 - SECOND SUPPLEMENTAL RESOLUTION AUTHORIZING THE
ISSUANCE OF NOT TO EXCEED $9,500,000 PRINCIPAL AMOUNT OF CENTRAL SAN RAFAEL
REDEVELOPMENT PROJECT TAX ALLOCATION BONDS, SERIES 1995
AYES: MEMBERS: Cohen, Heller, Phillips, Zappetini & Chairman Boro
NOES: MEMBERS: None
ABSENT: MEMBERS: None
There being no further business, the Public Hearing was adjourned at 8:30 PM.
JEANNE M. LEONCINI, City Clerk
APPROVED THIS DAY OF 1995
MAYOR OF THE CITY OF SAN RAFAEL
SRRA/SRCC MINUTES (Spec. Jt.) 9/5/95 Page 4
SRRA/SRCC MINUTES (Spec. Jt.) 9/5/95 Page 5
SRRA/SRCC MINUTES (Spec. Jt.) 9/5/95 Page 5