pages: CityCouncil/2012-01-17.pdf, 7
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CityCouncil | 2012-01-17 | 7 | the Housing Development and Programs Manager responded the School District housing fund is in 204.1. Commissioner Bonta inquired how much is in fund, to which the Housing Development and Programs Manager responded approximately $4 million. The Housing Development and Programs Manager stated the funds would go into the Auditor-Controller's new Redevelopment Trust Fund if the Oversight Board found that the obligation would not be enforceable; funds would be distributed in the following order: 1) pass through agreements; 2) bond obligations; 3) enforceable obligations; and 4) successor agency administrative costs; anything left would be distributed to tax entities. Commissioner Tam moved adoption of the resolution with authorization for the Executive Director to add additional enforceable obligation payments to the schedule prior to January 31st. The City Attorney stated the following would be added to Section 1: "The Community Improvement Commission further delegates authority to the Executive Director to amend Exhibit A as necessary to add any additional enforceable obligations discovered subsequent to the effective date of this resolution and to correct any clerical error that may be necessary". In response to Commissioner Bonta's inquiry, the Executive Director stated January 31st would not be included in the resolution in case the date changes. Commissioner Tam moved adoption of the resolution with additional language as outlined by the City Attorney. Commissioner deHaan seconded the motion. Under discussion, the Executive Director stated the Chief Operating Officer was on a call with cities that have similar base reuse issues; the cities are working together to get a seat at the table when changes come down to ensure that the former Naval Air Station has a separate financing mechanism. On the call for the question, the motion carried by unanimous voice vote - 4. [Absent: Chair Gilmore - 1.] COUNCIL COMMUNICATIONS (12-029 CC) Consideration of Mayor's Nominations for Appointment to the Planning Board. Acting Mayor Bonta announced Mayor Gilmore's nominations to the Planning Board are Special Joint Meeting Alameda City Council and Community 4 Improvement Commission January 17, 2012 | CityCouncil/2012-01-17.pdf |