RDA Min 1992-10-19 - Laserfiche WebLink

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__00- - - -~- - __0- - - -- ---. -- -- REPORT: Redevelopment Agency Director, October 13, 1992 Redevelopment Agency Director Church presented the staff report and described the request for an additional amount of $145,000 for 811 Whipple Avenue to cover the costs of demolition and site clearance, fixture and equipment costs and relocation expenses and selection of developer, leaving a balance of $1,957,000 for housing from the bond issue; and the request for $22,070.64 to be allocated from the Agency Housing Fund (Fund 806) to assist the Shelter Network of San Mateo County with Redwood Family House to cover a shortfall from last year created when HUD refused to reimburse them for some operating expenses. Sue Christiansen, Finance Officer of Shelter Network, described the expansion of services created to qualify for the HUD grant, and its subsequent limitations on reimbursement of operations expenses; their fund raising activities; and the amount of money raised and spent in Redwood City. In response to Directors questions, Director Church described CDBG funding and the $22,070.64 from the $1.4 million capital allocation. Director Church advised that Redevelopment Counsel Hildebrand has stated there is precedent for this type of expenditure. Director Murray voiced his support for the project, but expressed his concern at a nibbling away of funds that are needed for bigger projects, and stated he did not support a policy of dipping into these funds, but preferred using CDBG funds instead. Director Murray stated these funds should be used for affordable housing units in Redwood City. Director Church described funding from tax increment housing fund, the 806 Fund, and described staff's efforts to not use these funds for operational costs. Directors Claire and Bury described the purpose of the housing fund was to provide shelter and this expenditure was not in conflict with that goal. Mayor la Berge advised Shelter Network that the City would be interested in working with them on their fund raising activities. TITLE READ. MIS: BURY/BUCHAN RESOLUTION NO. RD 92-22 AMENDING BUDGET OF THE REDEVELOPMENT AGENCY OF THE CITY OF REDWOOD CITY FOR THE FISCAL YEAR 1992/1993 ADOPTED BY UNANIMOUS ROll CAll VOTE. ------------------------------------------------------------------------------ Redevelopment Agency Minutes October 19, 1992 Page 2 MINUTE BOOK NO.1 Page No. 100