CC Min 1995-07-15 Spec - Laserfiche WebLink

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Redevelopment Agency Executive Director Church distributed a handout and presented the staff report describing the objectives and powers of the Agency, financing projects with Sequoia Station as an example, accomplishments including Wyndham Place, current, proposed and ongoing programs, economic development strategies, and a 5-year projection of activity for the Redwood City Redevelopment Agency. Director Church described the bond issue budget, staffing, the Redwood City School District, and three main funding criteria (blight, increased revenues and creating new jobs.) Director Church asked for Council policy direction on several projects, and Councilwoman La Berge added another one, the proposed San Mateo County Historical Museum to be located in downtown Redwood City at the County Court House. Council, City Manager, City Attorney and staff discussed all the projects thoroughly with many opinions and suggestions expressed. In response to questions and comments, Director Church and Vice Mayor Hartnett again explained the goals and objectives of redevelopment in a City, and the legal mandate to borrow money and draw down on those funds to remove blight, increase revenue, create new jobs, prohibit discrimination, expand decent housing and employment, and maintain economic vitality. CONSENSUS: It was determined by the Mayor that it was the consensus of the Council to include in the Redevelopment Agency proposed 1995/96 FY Budget the $500,000 for Rolison Road acquisition, $55,00 for an Auto Center/Cluster Planning project, $200,000 for an anchor program (not limited to a retail anchor, and the Agency will receive more specifics before making a final decision), but not include $80,000 for schools, which Council felt did not belong in this category. MINUTE ORDER NO. BD95-02 PUBLIC COMMENT Dr. Earl Walker, Principal of Sequoia High School, asked Council to add the School's request for $130,500 for improvements to Carrington Hall based on its value to the community. Donald Grelow, Assistant Superintendent of the Sequoia Union High School District, spoke about the good relationship with the Redevelopment Agency they have enjoyed over the years, the many projects the Agency has assisted with such as painting Sequoia High School, and the need for improving Carrington Hall. - MINUTE BOOK NO. 53 Page No. 250 Adjourned Special Council Meeting Budget Study Session Minutes July 15,1995 Page 6