HomeMy WebLinkAboutPCDC Minutes 02/21/1995MINUTES
OF A
PETALUMA COMMUNITY DEVELOPMENT COMMISSION
MEETING
TUESDAY, FEBRUARY 21, 1995
ROLL CALL:
Present: Maguire, Shea, Barlas, Stompe, Hamilton, Vice Chairman Read, Chairman
Hilligoss
Absent: None
MINUTES:
The minutes of the December 19 meeting were approved as submitted.
RESO. 95-01
APPROVING ALLOCATION ZELL SITE
Resolution 95-01 approving the allocation of $63,900 from the Site Acquisition Reserve of
the Housing Fund to complete the purchase of the Zell site for affordable housing. The Zell
site is on Payran Street across from old Lucky Store and adjacent to the railroad track. This
land has reduced been reduced in price by $300,000 over the last three years. Arnold
Sternberg of Burbank Housing addressed the Council about the purchase. It is Burbank's
intention to hold the land for a year or two prior to building affordable housing on it. The
sources of funds are PCDC $644,400 and Community Development Block Grant funds
$103,750. This leaves the need for the $63,900 as noted above and as stated in the resolution.
Introduced by Carole Barlas, seconded by Matt Maguire.
Ayes: Shea, Maguire, Barlas, Stompe, Hamilton, Vice Chairman Read, Chairman Hilligoss
Noes: None
Absent: None
ADJOURN 3:10 p.m.
" W16 t14
ATTEST: M. Patricia Hilligoss, Chairman
tricia E. Bernard, Recording Secretary
PCDC Meeting Tuesday, February 21, 1995 Page 1 of 1 page
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