Loading...
HomeMy WebLinkAboutAgenda Bill 06/25/2001 (7)12 JUN 2 5 2001 FY 20.01-02 Petaluma Community Development Commission Final Budget Adjustments The following adjustments-have occurred since the submittal of the FY 2001-02 PCDC Proposed Budget and are presented for your consideration. 1. General Plan: Economic Element • Augment PCDC Funding for Economic Element of General Plan: Based on the City Council's recent discussions concerning the revision to the General Plan, it is recommended that $95,000 be reduced from account 902-5119 Economic Development Promotion and added to an additional appropriation of $32,000 in account 902-9990 General Plan Update as follows: 4 902-5119 Economic Development Promotion: $305,000 Petaluma Visitors Bureau - $300,000 Economic Development- $ 5,000 Subtotal: $305,000 902-9990 General Plan Update: $127,000 Economic Element: +$1 00,000 2. Administrative Expenses • Adjustments to administrative expenses are required as follows: CBD Project Area Fund 901-8505 Project Administration: $78,000 Information Services: +$2,750 General Services: +$1,400 Subtotal: +$4,150 40- Petaluma,California 6/22/01 PCD Project Area.F.und • 902-8505 Project Administration: $168,550 Information Services: +$2700 General.Services: +$1,150 Subtotal: +$3,850 Low&:Moderate Income Housing Fund 903-5401 Housing Projects Management: $260,275 Indirect Overhead: -$20,000 Audit Fee: +$3,825 Information Services:+$5,050 General Services: +$1,400 Subtotal: -$ 9,725 903-8539 Indirect Overhead: $34,000 Indirect Overhead: +$34,000 Transfer-In From Housing In-Lieu Fund: $1,129,518 Additional'Transfer-In'Needed In Fund 903 to offset $24,275 In Final,Budget Adjustments: +$24,275 3. Fingings &.Funding`for Polly Klaas Center: • Attached are the City Council and PCDC Resolutions necessary to making findings for the expenditure of CBD Project Area funds outside the project area. CBD Project Area Fund: 901-9013 Polly Klaas Center Renovations: $50,000 902-9013 Klaas Center Renovations: -$50,000 PCD Project Area Fund: Increase Loan to CBD1Project Area Fund: $50,000 Petaluma,California 6/22/01 4. General Line.Item for Circulation Improvements: • • Amend the Circulation & Parking portion of the Five-Year Financial Forecast, deleting reference to specific line-items for FY 2004=05, through FY 2006-07 and adding a "placeholder" called "Circulation Improvements" for a total of$10,000,000. 5. Keller Street Garage Parking Revenue: a Retain or amend the estimated parking revenue for the first year of pay-parking in the garage based upon the PCDC's desired.revenue strategy as follows: Option I:; Aggressive Goal Strategy Set rates to recover full cost of security, maintenance and a portion of capital improvements. Intended Result: Appropriation: $128,000 Revenue: ($158,000) Net Cost: ($ .30,000) Option II: High Goal Strategy Set rates to recover full cost of security and maintenance. Intended Result: Appropriation:. $128,000 Revenue: :($128,000) Net Cost: ($ 0) Option III: Moderate Goal Strategy (Proposed) Set rates to recover a portion of the cost of security and maintenance. Intended Result: Appropriation: $128,000 Revenue: ($100,000) Net Cost: $ 28,000 Petaluma,California 6/22/01 Option IV: More Moderate Goal Strategy Set rates to recover the cost of security only. • Intended Result: Appropriation: $128,000 Revenue: ($ 78,000) Net Cost: $ 50,000 Option V: Free Parking No charge for parking. Intended Result: Appropriation: $128,000 Revenue: ($ 0) Net Cost: $128,000 6. Petaluma River Dredging: O Consider and exhaust all legal, administrative, and legislative remedies with the Federal government by October 1, 2001 in order to secure $2.5 million in funding for dredging: • Consider the feasibility of establishing an assessment ID district to finance the dredging. 7. Petaluma Visitor's Program Funding: o Funding for the PVP should be reflected as a Transfer-Out to the TOT Fund rather than as an expenditure in the PCD Project Area Fund. • Petaluma,California 6/22/01 • RESOLUTION NO. 2001- • PETALUMA COMMUNITY DEVELOPMENT COMMISSION A RESOLUTION OF THE PETALUMA COMMUNITY DEVELOPMENT COMMISSION REQUESTING AUTHORIZATION FROM THE CITY COUNCIL OF THE CITY OF PETALUMA TO USE.REDEVELOPMENT FUNDS FOR.THE POLLY KLAAS CENTER RENOVATION PROGRAM WHEREAS, Community Redevelopment Law authorizes the use of redevelopment funds for improvements outside of the redevelopment project area with the consent of the legislative body and compliance with the California Environmental Quality Act ("CEQA"); and, WHEREAS, pursuant to Health and Safety Code Section 33445, before a legislative body may grant such consent to a redevelopment agency, it must make the following findings: (i) the improvements are of benefit to the project area or the immediate neighborhood in which the project is located, (ii) the payment of funds will assist in the elimination of one or more blighting conditions inside of the projectarea, and (iii) no other reasonable means of financing the improvements are available to the community; and, WHEREAS, the Petaluma Community Development Commission (the "PCDC") proposes to expend redevelopment funds to undertake the Polly Klaas Center Renovation Program (the "Project") as defined in the Central Business District Implementation Plan, incorporated herein by this reference, to make improvements to the Polly Klass Center which is adjacent to, but outside of the Central Business District Project Area(the "Project Area"); and, WHEREAS, pursuant to Section 15301 of the CEQA Guidelines, the Community Development Department of the City has determined that the Project qualifies as a Class 1 Categorical Exemption. NOW, THEREFORE, THE PETALUMA COMMUNITY DEVELOPMENT COMMISSION DOES RESOLVE AS FOLLOWS: Section 1. To seek authorization from the City Council to expend redevelopment funds for the Polly Klaas Center.Renovation Program as set forth in the.Implementation Plan for the Central Business District. • 1 Adopted this day of , 2001 by the following vote: • Commissioner Aye No Absent Thompson Cader-Thompson Healy Maguire • Moynihan O'Brien Torliatt E. Clark Thompson, Chairman ATTEST: Beverly J. Kline;Recording Secretary 1:\WPD\MNRSW\347\005\Resolutions\Heahh&Safety PCDC 062 Iekt.doc • • 2 RESOLUTION NO. 2001- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PETALUMA MAKING HEALTH AND SAFETY CODE SECTION 33445 FINDINGS, AUTHORIZING THE USE OF PETALUMA COMMUNITY DEVELOPMENT COMMISSION FUNDS FOR THE POLLY KLAAS CENTER RENOVATION PROGRAM WHEREAS, Community Redevelopment Law authorizes the use of redevelopment funds for improvements outside of the redevelopment project:area with the consent of the legislative body and compliance with the California Environmental Quality Act ("CEQA"); and, WHEREAS, before a,legislatiye body may grant such consent to a redevelopment agency, it must make the following findings: (i) the improvements are of benefit to the project area or the immediate neighborhood in which the project is located, (ii) the payment of funds will assist in the elimination of one or more blighting conditions inside of the project area, and (iii) no other reasonable'means of financing the improvements are available to the community; and, WHEREAS, the Petaluma Community Development Commission(the "PCDC") proposes to expend redevelopment funds to undertake the Polly Klaas Center Renovation Program (the "Project") as defined'in the Central Business District Implementation Plan, incorporated herein by this reference; and, WHEREAS, the Polly Klaas Center(the "Center") is located adjacent to, but outside, the Central Business District,Project Area the.Project will benefit the Project Area, and the immediate neighborhood in the following ways: (i) by furthering the preservation of un- reinforced masonry buildings within the Downtown Area for their unique character and historical perspective; (ii) by increasing and strengthening existing commercial and retail uses in the Downtown Area in that people will be drawn to the area to attend and . participate in activities held at the Center; (iii)by making the.Center safe for Project Area residents and people from the immediate neighborhood to attend and participate in Center activities; (iv) by increasing the property values of those in the Project Area in that the renovation and use of the Center will make the Project Area a desirable place to live and work ; (v) by making the.Center accessible and safe for the disabled population; and (vi) by making the Center safe.for'the citizens within the Project Area and the immediate neighborhood in the event of an earthquake:or other natural disaster; and, WHEREAS, the payment of PCDC funds for the Project will assist in the elimination of physical blight:bycorrecting structural deficiencies that could prove to be unsafe and hazardous in the event of a.major earthquake, and by installing facilities for the disabled that will make the building accessible and safe for that population; and, WHEREAS, the payment of PCDC funds will assist in the elimination of economic blight by rehabilitating an obsolete and deteriorating building that can.economically • 1 accommodate and readily adapt to modern commercial uses, positively impact the value of the Project Area and immediate neighborhood,,and by better utilization of the Center • by the community; and, WHEREAS, no other-reasonable means of financing the Project is available to the community in that the only other possible source of funding the Project is through use of the City's General Fund that is pledged for the provision of essential City services for the residents of the City such as police and fire services; and WHEREAS,rpursuant.to Section 15301 of the CEQA Guidelines, the Community Development Department of the City has determined-that the Project qualifies for a Class 1 Categorical Exemption; and, WHEREAS,pursuant to Community Redevelopment Law, the City Council held a duly noticed public hearing on,June 25,'2001, taking public testimony and making the above findings:regarding expending redevelopment funds for the Project. NOW THEREFORE, BE,IT RESOLVED,THAT THE CITY COUNCIL OF THE CITY OF PETALUMA, CALIFORNIA, DOES AS FOLLOWS: Section 1. The above recitals are true and correct. Section 2. The City Council hereby finds and determines that pursuant to'Health and Safety Code;Section 33445: • (a) The proposed funding of the Project by the PCDC is of benefit,to'the Project Area and the immediate neighborhood adjacent to the Project' Area. (b) The payment of redevelopment funds for said Project-will assist in the"eliminationtof physical and economic blight inside the Project Area. (c) No other reasonable means of financing the Project is available to the community. Section 3. The City Council hereby grants authority to the PCDC to expend redevelopment funds to,complete the'Polly Klaas Center Renovation Program as set forth in the Implementation Plan for the Central Business District Redevelopment Plan based. on the findings recited above. Section 4. The PCDC has complied with the California-Environmental Quality Act, ("CEQA") by the Community Development Department's determination that the,Project qualifies as a Class 1 Categorical Exemption as defined by Section 15301 of the CEQA Guidelines. Section 5. The Project is provided for in the Central Business District Redevelopment Plan. • 2 • • I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of Petaluma at a regular meeting held on June 25, 2001, by the following vote: AYES: • NOES: ABSTAIN: ABSENT: ATTEST: City Clerk 1:\WPD\MNRS W\347\005\ResolutionsU1ealth At Safety CC 0621 ekt.doc • • 3