pages: CityCouncil/2014-07-29.pdf, 10
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CityCouncil | 2014-07-29 | 10 | The City Attorney responded staff would have to come back to Council to actually authorize the sale of the property; stated the action tonight authorizes staff to look for a potential buyer; noted all actions are City Council actions, except the CAFA resolution. Vice Mayor/Authority Member Ezzy Ashcraft requested an explanation of a lease/leaseback and what would be put up for collateral. The Finance Director responded a bond requires voter approval; stated a lease does not require a vote; Certificates of Participation (COPs) are leases; CAFA leases the facility back to the City; the City would be entering into a lease with I Bank; any available assets could be considered collateral and the City would identify another Fire Station as collateral. Councilmember/Authority Member Tam stated the need for a seismically safe fire station has been discussed for years; great effort has been made to seek funding, include a sales tax measure that needed a supermajority vote and did not pass, and grant funding; inquired why the City was not successful in in obtaining grant funding. The Fire Chief responded there are no construction grants available for this type of project; seismic remodeling grants were available in the past, but no longer exist. Councilmember/Authority Member Tam inquired whether the same is true for the Emergency Operation Center (EOC), to which the Fire Chief responded in the affirmative. Councilmember/Authority Member Tam inquired whether State grants were no longer available because of the recession, to which the Fire Chief responded in the affirmative; stated State and Federal Emergency Management Agency (FEMA) grants dried up around 2010. Stated Station 3 protects some of Alameda's most expensive real estate and responds to every structure fire and full response in the City; the engine is not used only for the safety of citizens, but is also used for the safety of the Firefighters; response time is delayed compared to other stations; urged approval: Jeff DelBono, Alameda Firefighters. Vice Mayor/Authority Member Ezzy Ashcraft stated all citizens are seen as equal; that she was hoping the sale price of the existing station would have been higher; a new station is a necessity. Councilmember/Authority Member Daysog stated the residents of Alameda deserve a modern fire station; that he supports the project. Councilmember/Authority Member Chen stated that he is prepared to make a motion. Joint Meeting Alameda City Council and City of Alameda Financing Authority July 29, 2014 | CityCouncil/2014-07-29.pdf |