CC Min 2008-08-25 Joint City Council, HHHCC and Redevelopment

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what the sticking points might be around that moving forward. Ms. Ekas stated that the density caps are making certain corridors no longer viable options. The Vice Mayor asked for clarification on the 15% affordability rating. Ms. Ekas stated in the redevelopment area, it says 15% across the area and not project-by-project. She stated they have been asking for this project by project at this point. The Vice Mayor stated there should be more discussion in this area, and also discussed using the rehabilitation loans in some of the older multifamily housing unit areas. She also spoke to the step-up program for all income levels, in everybody moving up, and the ability to help others to move in. Staff ended by providing further information on the 21 Elements, including statistical data on the various jurisdictions in San Mateo County that have ordinances, inclusionary policies or neither. In closing, Mayor Foust asked for more information on the report from the subcommittee and information on the best, least restrictive and most effective policies to create all levels of housing for the community. The Council sought data to further investigate a"balanced and flexible" approach. Similarly, Council asked for further community outreach amongst those who might not have a voice. Staff stated they are using three different methods of outreach to be as encompassing as possible to achieve participation and dialogue across the board. Mayor Foust stated there would likely be a subsequent Study Session. There was consensus to have the Mayor and Vice Mayor discuss an approach that is a short term stop and gap with certain timelines. The Mayor thanked all those present and especially the HHCC members. (Break approximately at 9:00 PM) Regular City Council Meeting resumes ------------------------------------------------------------------------------------------------------------------------ F. Finance Agreement between South Bayside System Authority (SBSA) and Redwood City. (304) Marilyn Harang, Public Works Superintendent, provided the staff report. Dan Child, General Manager for SBSA gave a presentation (on file). He spoke to repairs that are needed and gave an overview of the ongoing work that will be done with the CIP (Capital Improvement Project) funding. Vice Mayor asked if there would be a plan in place to build the reserve back up after the improvements, and staff confirmed. The Vice Mayor also asked for more community outreach to keep the community informed. Mr. Child said that SBSA has budgeted for various ways to reach out to the community. (Council Member8ain leaves the dais). Recommendation: Authorize by resolution the signing of the Financing Agreement between South Bayside System Authority (SBSA) and City of Redwood City by the Mayor to implement the existing provisions of the Joint Powers Agreement with respect to the issuance and repayment of bonds. JOINT CITY COUNCILIHOUSING AND HUMAN CONCERNS COMMITTEE, AND AUGUST 25, 2008 REDEVELOPMENT AGENCY BOARD MEETING MINUTES PAGE 8 MINUTE BOOK NO. 62 Page No. 213