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Redevelopment Agency (Agency) $3,000,000.00 to finance various downtown <br />improvements. The motion passed by a unanimous voice vote. (405) <br />RD MINUTE ORDER 05 -01 <br />MINUTE ORDER 0543 <br />M/S Howard /Foust to adjourn the Redevelopment Agency meeting. The motion passed <br />by a unanimous voice vote. <br />S. Water Financing Plan — 2004 Update <br />PWS Director Ingram stated that this item was an extension of the December 13, <br />2004 meeting where discussion and various aspects of the financing plan for the <br />recycled water project. This is the first of several actions to be taken over the <br />next several months. He stated that since the documents were transmitted to <br />Council and posted on the City website on January 7, no questions have been <br />received by staff from the public. <br />Council Member stated that a request was made from the public to offer lower <br />rates for recycled water and higher rates for others as a matter of philosophy. <br />PWS Ingram stated that some items will be coming back to Council through the <br />Council subcommittee. A PowerPoint presentation was used to highlight the <br />most important aspects of the four separate items related to approval of the <br />water financing plan, the authorization to issue water revenue plans, approval to <br />reimburse costs pertaining to artificial playfields, and the approval that the SBSA <br />commission may proceed with awarding contract for construction of facilities on <br />that site. <br />Council Members made various comments regarding policies related to seniors <br />and disabled residents, requesting incentives for use be considered, and <br />consideration of an appeal process. <br />Public Comment: <br />Rudy Luca stated that in 2003 or earlier, he asked who would be paying for <br />increased water rates to support various developments being considered. He <br />stated that he thinks we need to curb building and asked that staff study this <br />issue. <br />Mark McLaren, on the community recycled water task force, stated his surprise <br />at the increase in costs. He stated that the deliberations of the task force <br />specifically eliminated several possibilities due to costs. Now that the projected <br />cost is $74 million to $84 million, the equation has changed. He asked that the <br />Council step back and revisit some of the options. <br />CITY COUNCIL, REDEVELOPMENT AGENCY, AND JANUARY 24, 2005 <br />PUBLIC FINANCING AUTHORITY JOINT MEETING MINUTES PAGE 6 <br />MINUTES Book No, 60 <br />Page No. 387 <br />