HomeMy WebLinkAboutPCDC Minutes 03/01/1993REGULAR MEETING
PETALUMA COMMUNITY DEVELOPMENT COMMISSION
ROLL CALL: 3:00 p.m.
PRESENT:
ABSENT:
MINUTES
MONDAY, MARCH 1, 1993
Nelson, Read, Shea, Hamilton, Chairman Hilligoss
Barlas, Vice Chairman Sobel (They were attending the Sonoma
County Transportation Authority meeting in Santa Rosa)
The minutes of the February 1, 1993, meeting were approved as submitted.
1992 GRAND JURY REPORT
APPROVAL OF RESPONSE
The 1992 Grand Jury questions of all the redevelopment agencies in the county related to
accounting standards, Low and Moderate Income Housing Fund listings and the suggestion
that agencies consider maximizing expenditures.
In the case of the Petaluma Redevelopment Agency, all accounting is accomplished in
accordance with "generally accepted accounting principles", with the national "Governmental
Accounting Standards Board" and with State Law. The Low and Moderate Income Housing
Fund is listed clearly in accordance with established reporting standards, as noted in the
previous sentence. Regarding maximizing expenditures, the City's substantial affordable
housing program allocates almost all of the available funds designated for housing projects.
The letter was approved by the following motion. Introduced by Nancy Read, seconded by
Lori Shea.
AYES: Nelson, Read, Shea, Hamilton, Chairman Hilligoss
ABSENT: Barlas, Vice Chairman Sobel (They were attending the Sonoma
County Transportation Authority meeting in Santa Rosa)
ADTJOURN
The meeting was adjourned at 3:15 p.m.
Patricia Hilligoss, Chairman
Patricia E. Bernard, Recording Secretary
PCDC Meeting Monday, March 1, 1993 Page 1