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HomeMy WebLinkAboutRA Minutes 2001-02-20SRRA MINUTES (Regular) 02/20/2001 Page 1 IN THE COUNCIL CHAMBER OF THE CITY OF SAN RAFAEL, TUESDAY, FEBRUARY 20, 2001 AT 7:30 PM Regular Meeting: San Rafael Redevelopment Agency Present: Albert J. Boro, Chairman Cyr N. Miller, Vice -Chair Barbara Heller, Member Gary O. Phillips, Member Absent: Paul M. Cohen, Member Also Present: Ken Nordhoff, Assistant Executive Director Gus Guinan, Assistant Agency Attorney Jeanne M. Leoncini, Agency Secretary ORAL COMMUNICATIONS OF AN URGENCY NATURE: 7:50 PM None. CONSENT CALENDAR: Member Phillips moved and Member Miller seconded, to approve the following Consent Calendar item: ITEM RECOMMENDED ACTION Approval of Minutes of Regular Meeting of Monday, Approved as submitted. February 5, 2001 (AS) AYES: MEMBERS: Heller, Miller, Phillips and Chairman Boro NOES: MEMBERS: None ABSENT: MEMBERS: Cohen AGENCY CONSIDERATION 2. RESOLUTION APPROVING EXPENDITURE OF $20,000 FROM THE CANAL HOUSING IMPROVEMENT PROGRAM TO ASSIST BRIDGE IN THE PURCHASE OF 55 FAIRFAX STREET (RA) — FILE — R-438 x R-173 Stephanie Lovette, Senior Development Specialist, stated this was the acquisition of 55 Fairfax Street by BRIDGE Housing and she was requesting $20,000 to be paid towards the deposit. She noted it was a wonderful unit, in good condition, and would be the second purchase by BRIDGE. They are in the process of conducting inspections; therefore, the total cost of the rehabilitation is not yet known. Member Heller expressed pleasure that another property was found and hopefully another would be underway this year. Member Miller stated he had occasion to visit in # 65, which allowed him the opportunity to view #55, and reported it was an excellent property in a great location. From the outside, he noted, it appeared to be in good shape, with not a lot of renovation needed, and complimented staff on finding it. Member Miller moved and Member Heller seconded, to adopt the Resolution. SRRA MINUTES (Regular) 02/20/2001 Page 1 SRRA MINUTES (Regular) 02/20/2001 Page 2 RESOLUTION NO. 2001-3 — RESOLUTION AUTHORIZING THE EXPENDITURE OF $20,000 FROM CANAL AREA HOUSING IMPROVEMENT PROGRAM TO ASSIST IN THE PURCHASE AND REHABILITATION OF 55 FAIRFAX STREET AYES: MEMBERS: Heller, Miller, Phillips and Chairman Boro NOES: MEMBERS: None ABSENT: MEMBERS: Cohen 3. RESOLUTION APPROVING EXECUTION OF A $120,000 GRANT AGREEMENT WITH CANAL COMMUNITY ALLIANCE FOR THE PURCHASE OF 165 NOVATO STREET (RA) — FILE — R-439 x R-173 Stephanie Lovette, Senior Development Specialist stated that the City's agreement with BRIDGE Housing is to look for apartment buildings over 10 units and reported that the Canal Community Alliance (CCA) was finding some buildings under 10 units. CCA is acquiring another condominium consisting of four units, making them a property holder in the Canal of 8 units; these four units will be Section 8 units. Ms. Lovette stated that Tom Wilson was present this evening to answer questions. The grant is $120,000 from the Redevelopment Agency to the Canal Community Alliance to assist with the purchase. The other grantor is the Marin Community Foundation. Member Heller stated this was excellent and inquired of Mr. Wilson if all the funding was in place. Mr. Wilson stated that the conventional mortgage had been approved and the Marin Community Foundation had made a verbal commitment and were definitely interested. She inquired if Mr. Wilson managed the units himself. Responding, Mr. Wilson stated that, as there were 15 fourplexes, there is an association which hires a management company; the management fee is part of the expenses. Ms. Lovette stated that the Agency would not fund this until closing, so if for some reason Marin Community Foundation is unable to complete the financing, the Agency's money is not at risk. Member Heller said she had noted this from the staff report. Member Phillips moved and Member Miller seconded, to adopt the Resolution. RESOLUTION NO. 2001-4 — RESOLUTION APPROVING EXECUTION OF A ONE HUNDRED AND TWENTY THOUSAND DOLLAR ($120,000) GRANT AGREEMENT WITH CANAL COMMUNITY ALLIANCE FOR THE PURCHASE OF 165 NOVATO STREET (VILLA MARINI) AYES: MEMBERS: NOES: MEMBERS: ABSENT: MEMBERS: AGENCY MEMBER REPORTS: 4. None Heller, Miller, Phillips and Chairman Boro None Cohen There being no further business, the San Rafael Redevelopment Agency meeting was adjourned at 8:05 PM. JEANNE M. LEONCINI, Agency Secretary SRRA MINUTES (Regular) 02/20/2001 Page 2