Minutes

City Council Chambers, 
Basement Level
Tenth Street Place, 1010 Tenth Street, Modesto, California
 

MINUTES

City of Modesto
Special Redevelopment Agency Meeting
Tenth Street Place
Chambers, Basement Level
1010 Tenth Street
Modesto, California

Tuesday, April 22, 2008 at 5:30 p.m.

Roll Call: Present: Agency Members Hawn, Keating, Lopez, Marsh, O’Bryant, Olsen, Chairperson Ridenour
Absent: None

Clerk’s Announcements: Item B Removed from Consent

CONSENT ITEMS – ROLL CALL VOTE REQUIRED: Items # A and # B

CONSENT ITEMS
An item may be removed from consent and discussed at the request of an audience member or Agency Member.

CONSENT
A. Consider approving the minutes of the special Redevelopment Agency meeting of
April 8, 2008.
• Motion approving recommended.
Clerk; Stephanie Lopez, 577-5397, slopez@modestogov.com

ACTION: By Motion (Hawn/Marsh;unan) approving the minutes of the special Redevelopment Agency meeting of April 8, 2008.

REMOVED FROM CONSENT
B. Consider authorization to enter into negotiations of an Owner Participation Agreement with the Housing Authority of Stanislaus County for the Acquisition of Palm Valley Apartments.
• Resolution authorizing the Interim Executive Director, or his designee, to negotiate with the Housing Authority of Stanislaus County to produce a draft Owner Participation Agreement (OPA) for future review by the Redevelopment Agency for the acquisition of Palm Valley Apartments; including rehabilitation costs related to security gating and accessibility recommended.
• Resolution amending the Fiscal Year 07-08 Redevelopment Agency Capital Improvement Program to: 1) reduce expenditures in project 9060-140-K743 Archway Commons by $830,000; 2) increase the Fund 9060 Fund Balance by $830,000, and 3) appropriate $830,000 to CIP project 9060-140-K745, Palm Valley. Of this amount, $825,000 will be appropriated in object 6030, Land/ROW Acquisition for acquisition by the Housing Authority of Stanislaus County and $5,000 will be appropriated in object 6041, City Forces, for staff time spent on the project recommended.
Parks, Recreation & Neighborhoods; Barbara Kauss, 577-5417, bkauss@modestogov.com

ACTION: Resolution 09-2008 (Hawn/Marsh;unan) authorizing the Interim Executive Director, or his designee, to negotiate with the Housing Authority of Stanislaus County to produce a draft Owner Participation Agreement (OPA) for future review by the Redevelopment Agency for the acquisition of Palm Valley Apartments; including rehabilitation costs related to security gating and accessibility.

ACTION: Resolution 10-2008 (Hawn/Marsh;unan) amending the Fiscal Year 07-08 Redevelopment Agency Capital Improvement Program to: 1) reduce expenditures in project 9060-140-K743 Archway Commons by $830,000; 2) increase the Fund 9060 Fund Balance by $830,000, and 3) appropriate $830,000 to CIP project 9060-140-K745, Palm Valley. Of this amount, $825,000 will be appropriated in object 6030, Land/ROW Acquisition for acquisition by the Housing Authority of Stanislaus County and $5,000 will be appropriated in object 6041, City Forces, for staff time spent on the project.

PUBLIC COMMENT PERIOD
Three minute time limit per speaker

None.

ADJOURNMENT

This meeting adjourned at 7:45 p.m.