pages: CityCouncil/2018-02-20.pdf, 8
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CityCouncil | 2018-02-20 | 8 | Councilmember Ezzy Ashcraft stated she does not understand the question. Vice Mayor Vella clarified would the bond money assessment be transferable towards the 5% rent increase to the tenant. The Assistant City Attorney responded the property owners will be required to pay the fee. The Community Development Director stated the maximum rent increase is set at 5%; if rent is raised above 5%, there is a mandatory hearing in front of the Rent Review Advisory Committee (RRAC); the cost of the bond measure assessment can be passed through to tenants; the RRAC would determine the validity of the reason behind the increase if it is above 5%. Vice Mayor Vella inquired how much has been spent to date on the consultants, scientific polls and mailers. The Assistant City Manager responded under $50,000. Vice Mayor Vella inquired whether the total is for everything. The Assistant City Manager responded that she would have to research the cost; stated a poll was done in 2017 and again recently. Vice Mayor Vella inquired how many mailers were sent out. The Public Information Officer responded two mailers were sent out at $7,000 per mailer. Vice Mayor Vella inquired what the constraints are on spending the money after the bond is issued. The Public Works Director responded things change with time; stated staff will ensure that City Council has the flexibility to select projects that are consistent with the original purposes of the bond. Vice Mayor Vella inquired whether the Bond Oversight Committee is subject to the same conflict of interest regulations that govern any other board or commission. The Assistant City Attorney responded the Committee would be subject to the Form 700 conflict of interest laws. Councilmember Oddie inquired whether the $293 million is an all-encompassing list of all the infrastructure needs, to which the Public Works Director responded in the affirmative. Regular Meeting Alameda City Council 8 February 20, 2018 | CityCouncil/2018-02-20.pdf |