HomeMy WebLinkAboutPCDC Minutes 11/19/1990I MINUTES OF THE
2 PETALUMA, COMMUNITY DEVELOPMENT COMMISSION
3 MONDAY NOVEMBER 19,1990
4 ROLL CALL: 4:00 p.m.
PRESENT: Commissioners Balshaw, Sobel, Davis, Woolsey, Tencer, Vice Chairman
Cavanagh, Chairman Hilligoss
ABSENT: None
PROPERTY TAX SHARE WITH COUNTY OF SONOMA
9 Executive Director John Scharer noted that the PCDC share of property tax
10 increment for the redevelopment area other than the downtown core area is 94% for
11 the City and 6% for the County until 1993-94 when the tax share will change to 54% to
12 the City and 46% to the County.
13
FUTURE FINANCING
14 It is the plan that Rainier and Flood Control financing issues will occur in 1992 and/or
15 1993. The Commissioners asked staff to advise them of the current estimated
16 individual cost of each of these major public improvements at least semianually.
17
HOUSING SET-ASIDE
18 The Commission discussed the new State mandated 20% housing set-aside regulations
19 and the Finance Director was asked to obtain legal advice on the specific application
20 of the law to the downtown redevelopment area. Staff was also asked:
21 - What uses can be earmarked for that money?
22 - Must the equivalent 20% be set-aside from 1986 to 1996?
23 - If, yes, it must be set-aside, must it be used within the downtown
24 redevelopment area?
25 - If, yes, must it be used for housing in the downtown redevelopment area?
26 - If, yes, must it be used for housing?
27 MISSION FOR DOWNTOWN REDEVELOPMENT AREA
28 The Commission asked for a refresher of the "mission" for the downtown
29 redevelopment area.
30
BUDGET -1990-91
31 The Commission began its review of the downtown redevelopment core area 1990-91
32 fiscal year budget. Due to the lateness of the afternoon, the budget was continued to
33 November 26.
PCDC November 19, 1990 Page 1 of 3
1 RESO.90-4
2 APPROVE REIMBURSEMENT AGREEMENTS:
3 GOW, VAL CAGO, LORENZ
4 Resolution 90-4 approving and authorizing execution of reimbursement agreements
5 with Clinton and Patricia Gow, Joseph Lorenz and Val-Cago, Inc., in connection with
6 North McDowell Assessment District #17.
7 These reimbursement agreements relate to the provision of low and moderate income
s housing as follows:
9 Clinton and Patricia Gow will be reimbursed twice a year by the PCDC (one -
10 half to be paid prior to each property tax delinquency date) in an amount equal
11 to 32.9% of the Assessment District 17 annual assessment for their property.
12 This represents the portion of the annual assessment relating to the acquisition
13 of right-of-way. The reimbursement will terminate upon development approval
14 (i.e., obtain site plan an architectural review for substantial development which
15 would add structures, increase existing structure square footage or otherwise
16 improve the property to accommodate a more intensive or different use than is
17 the current case for the property.
18 Joseyh Lorenz will be reimbursed twice a year by the PCDC (one-half to be
19 paid prior to each property tax delinquency date) in an amount equal to 66.6%
20 of the Assessment District 17 annual assessment for his property. The
21 reimbursement agreement will terminate at such time as the City determines
22 that the property has received approval for development.
23 Val-Cago, Inc., will be reimbursed twice a year by the PCDC (one-half to be
24 paid prior to each property tax delinquency date) in an amount equal to the
25 annual assessment levied by the City against their property for Assessment
26 District 17. The reimbursement shall terminate at the time the City determines
27 the land is no longer being used for a mobile home park.
28 The dollar equivalent of the three agreements is approximately $60,000 annually.
29 Introduced by Michael Davis seconded by Brian Sobel.
30 AYES: Balshaw. Sobel, Davis, Woolsey, Tencer, Vice Chairman
31 Cavanagh, Chairman Hilligoss
32 NOES: None
33 ABSENT: None
PCDC November 19, 1990 Page 2 of 3
1 RESO.90-5
2 MAIN STREET FUNDING
3 The Main Street organization request for $25,000 to fund project administration. The
4 Commission agreed to add a cost of living adjustment of $3,500 to the Main Street
5 effort. It was moved by Brian Sobel, seconded by Michael Davis, to adopt Resolution
6 90-5 appropriating $28,500 to Main Street and conveying the Commission's sense of
7 urgency about the Main Street project towards adoption of an historic designation of
s the old downtown area.
9 AYES: Balshaw. Sobel, Davis, Woolsey, Tencer, Vice Chairman
10 Cavanagh, Chairman Hilligoss
11 NOES: None
12 ABSENT: None
13 ADJOURN
14 The meeting was adjourned at 5:20 p.m.
15 M. Patricia Hilligoss, Chairman
16 ATTEST:
17 Patricia E. Bernard,
18 Recording Secretary
PCDC November 19, 1990 Page 3 of 3