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HomeMy WebLinkAboutPCDC Minutes 04/16/20011 City of Petaluma, California 2 Minutes of a 3 Petaluma Community Development Commission Meeting 4 5 6 Regular Meeting 7 Monday, April 16, 2001 8 Council Chambers 9 10 The Petaluma Community Development Commission met on this date at 3:00 p.m. in 11 the Council Chambers. 12 13 ROLL CALL 14 15 PRESENT: Vice Chair Cader-Thompson; Commissioners Healy, Maguire, Moynihan, 16 O'Brien; Chair Thompson; Commissioner Torliatt 17 18 ABSENT: None 19 20 PUBLIC COMMENT 21 22 None 23 24 COMMISSION COMMENTS 25 26 None 27 28 AGENDA CHANGES. ADDITIONS. AND DELETIONS 29 30 None 31 32 MINUTES 33 34 May 15, June 5, 26, 2000 35 36 MOTION: Commissioner Maguire moved, seconded by Vice Chair Cader- 37 Thompson, to approve the minutes as submitted. 38 MOTION 39 PASSED: 5/0/2 (Commissioners Moynihan and O'Brien abstaining) 40 41 UNFINISHED BUSINESS 42 43 1. Approval of Extension of Project Completion Date for Lok Marina Hotel. 44 (Marangella/Stouder) 45 Minutes of a City of Petaluma, California PCDC Meeting Monday, April 16, 2001 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 MOTION: Commissioner Maguire moved, seconded by Vice Mayor Cader- Thompson to Adopt Resolution 2001 - 03 Approving Amendment To The Owner Participation Agreement By And Between The PCDC and The Lok Petaluma Marina Hotel, Company, LLC. MOTION PASSED: 7/0 NEW BUSINESS 2. Discussion and Possible Action of PCDC Mid -Year Financial Forecast and Budget Adjustments. (Marangella) Chair Thompson announced his recusal from this item due to a potential conflict of interest; he had several insurance clients within the boundaries of the redevelopment agency. Commissioner Maguire announced that he would recuse himself from participating in discussion and action on a line item within the document due to the proximity of his property to line item 5469, Neighborhood Revitalization, listed on page 19 of the packet materials under Community Revitalization Programs. Commissioner Torliatt announced her recusal from participating in discussion and action on the mid -year financial forecast and budget adjustments for PCDC as she had represented a client in a lease transaction with an owner of property within the boundaries of the CBD district and thought it might constitute a conflict of interest. City Attorney Rudnansky suggested that the Commission vote on the line item on which. Commissioner Maguire had recused himself; thereafter, Commissioner Maguire could participate. Vice Chair Cader-Thompson agreed, stating that Mr. Marangella would make his presentation, after which a vote would be taken on that item. Director of Economic Development and Redevelopment Paul Marangella provided background information and highlights of the PCDC Mid -Year Forecast and Budget Adjustments. 41 Commissioner Moynihan noted that he did not see a real reason to move this 42 budget forward. He preferred to defer the discussion until after the 43 Commission/Council had the opportunity to address the Central Petaluma 44 Specific Plan (CPSP) scheduled for the evening session. He wanted to table the 45 item. Minutes of a City of Petaluma, California PCDC Meeting Monday, April 16, 2001 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 Commissioner O'Brien announced his recusal from participating in discussion and action on line items 8530, Auto Plaza Project and 8609, Assessment District 19, Auto Plaza within the document, page 15, Economic Revitalization, due to the proximity of his place of employment, noting it might constitute a conflict of interest. Commissioner Moynihan expressed confusion about whether the vote was to make amendments to the existing budget, or the long-term, or Five -Year Plan, which he thought would involve a different resolution. Mr. Marangella replied that this item involved amending the changes to the adopted budget for this year. In the next item the Five -Year Implementation Plan as part of the CBD Plan Amendment Process. MOTION: Commissioner Healy moved, seconded by O'Brien, to approve line item 5469 without changes. MOTION PASSED: 3/1/3 (Commissioner Moynihan voting "no"; Chair Thompson, Commissioners Maguire and Torliatt recused) MOTION: Commissioner Maguire moved, seconded by Healy, to approve line items 8530 and 8609 without changes. MOTION PASSED: 3/1/3 (Commissioner Moynihan voting "no"; Chair Thompson, Commissioners O'Brien and Torliatt recused) MOTION: Commissioner Maguire moved, seconded by O'Brien, to approve line item the loan from PCD to the CBD. MOTION PASSED: 3/1/3 (Commissioner Moynihan voting "no"; Chair Thompson, Commissioners Healy and Torliatt recused) Commissioner Moynihan asked if the inter -fund loan had been documented. Mr. Marangella replied that the loan was reflected on the budget sheet the Commission had before them. The Finance Department would make the adjustments to the budget as the amendments were approved, and would track the loan over the ten-year period. MOTION: Commissioner Maguire moved, seconded by O'Brien, to approve the remainder of the budget Minutes of a City of Petaluma, California PCDC Meeting Monday, April 16, 2001 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Commissioner Moynihan asked for clarification on reserves. Discussion ensued. MOTION PASSED: 4/1/2 (Commissioner Moynihan voting "no"; Chair Thompson and Commissioner Torliatt recused) MOTION TO ADJOURN The meeting was adjourned at 3:35 p.m. ATTEST: Beverly J. Kline, Recording Secretary Minutes of a City of Petaluma, California PCDC Meeting Monday, April 16, 2001 E. Clark Thompson, Chair Page 4