AgdaPkt 2010-11-22 clsd and regular

Browse Search

- 6.1 D REPORT � To the Honorable Mayor and City Council From the Ci Mana er November 22, 2010 Subject Amendment of By-laws for the Home Improvement Loan Committee Recommendation Approve, by motion, the proposed amendment to Sections 2.1 and 2.4 of Article II Membership of the Home Improvement Loan Committee By-laws to (1) reduce the size of the committee from nine to five members and eliminate non-voting members; and (2) to stagger terms of office and extend the term of office to four-years. Background The Home Improvement Loan Committee (HILC) was created by the City Council in 1977 and Council appointed a five-member panel of citizens to review loan applications, approve loan applications, and recommend policy and program design changes as appropriate. Since that time, City Council approved the initial By-laws for the HILC as well as subsequent amendments to the By-laws that have provided for a nine-member committee. The current By-laws of the HILC include the following membership composition: • One City staff member (non-voting); • One City Council member (non-voting); • One Housing and Human Concerns Committee (HHCC) member; • One General Contractor who lives or operates a business in the City; • One Manager or executive of a bank, savings and loan association or financial institution in the City; • One Official from a Title Company in the City; • One Licensed appraiser; and • Two citizens at large. The current By-laws state that voting members, with the exception of the HHCC member are appointed directly by the City Council, the HHCC member is appointed by the HHCC from its active membership and the City Council member is appointed by the Mayor. Voting members are appointed for three-year terms (staggered). Terms of office for nan-voting members are unfixed and at the discretion of the City Council. Currently, there are four vacancies on the HILC, including two voting and two non- voting members of the restricted membership categories, with approximately 50% of the voting members meeting the areas of expertise. In an endeavor to meet the City's strategic efforts to reduce costs due to budget constraints, and to resolve the challenge to consistently obtain a quorum with ongoing vacancies and increase efficacy, staff in consultation with the HILC recommends that Article II, Section 2.1, Membership of the By-laws be amended to reduce from nine to five members with the following criteria: