Redevelopment Agency Minutes

FEBRUARY 18, 2003


A regular meeting of the Burbank Redevelopment Agency was held in the City of Burbank Council Chamber, 275 East Olive Avenue, on the above date.  The meeting was called to order at 6:44 p.m. by Mr. Laurell, Chairman.

 

Invocation

The invocation was given by Chaplain Jon Arnold, St. Joseph Medical Center.

 

 

Flag

Salute

The pledge of allegiance to the flag was led by Bud Ovrom, City Manager.

 

 

 

ROLL CALL

Present- -

Absent - - - - - -

Also Present - -

Members Golonski, Murphy, Ramos, Vander Borght and Laurell.

Members None.

Mr. Ovrom, City Manager; Ms. Alvord, Assistant City Manager; Mr. Barlow, City Attorney; Mrs. Georgino, Assistant Executive Director; and, Mrs. Campos, Secretary.

 

 

8:24 P.M.

Meeting

Continued

Following a Council public hearing, a report and the combined oral communications, the Council and Agency held a joint meeting.

 

 

 

8:24 P.M.

Jt. Mtg. w/Council

RA 41

Blue Ribbon Task

Force on

Affordable

Housing

Recommendations

Mrs. Georgino, Community Development Director, expressed appreciation to members of the Blue Ribbon Task Force on Affordable Housing (Task Force), and stated the Task Force would be presenting a summary of their findings, including recommendations to address the community�s affordable housing needs.  She noted the passing of Eric Levinson, who was an active member of the Task Force, and introduced Gay Maund, Past Chair Person and Member of the Burbank Senior Board and the Community Development and Goals Committee; and Yasmine Wolfe, Past President of the Burbank Board of Realtors.

 

Ms. Maund reported in December 2001, the Council approved the 2001 Housing Profile which identified a growing affordable housing crisis in the community. As an outgrowth of this study, the Council directed the Redevelopment Agency to form a Task Force to explore creative solutions to address critical housing needs. She noted the Task Force�s finding that affordable housing was a concern for residents at all income levels with the concept of affordability applying to single persons and large families, owners and renters, the young and the elderly, as well as individuals who spend 30 percent or more of their income on housing costs.  She identified the make-up of the 16-member Task Force, reflecting a cross section of individuals including renters and home-owners, senior citizens, disabled, local realtors, developers, apartment owners, the Burbank Unified School District, members of the Planning Board, Landlord-Tenant Commission, Council on Disabilities, Senior Board and the Fair Housing Council. She noted Council Member Ramos chaired the Task Force and Council Member Golonski was a member of the Task Force.

 

She added over a six-month period, the Task Force focused on gathering information about the community�s housing needs, resources and current housing activities, and involved several field trips to the community.  Several brainstorming sessions were also held on overall housing objectives and on developing consensus as to the most effective housing programs.

 

Ms. Wolfe addressed the Task Force�s challenge of developing ways to maintain and improve the affordable housing stock in Burbank, noting the recommendations are visionary and set a high standard for Burbank. She noted the major housing crisis in Southern California with most renters paying over 50 percent of their incomes on housing, cited the benefits of affordable housing and presented a videotape summarizing the findings of the Task Force.

 

Mrs. Georgino, noted the Task Force�s efforts to provide the Council with a multi-faceted approach to address the community housing issues as well as a tool-kit with possible options to explore. She also acknowledged staff�s efforts, including the efforts of Duane Solomon and Barbara Lazar, Community Development Department, Karen Warner, Consultant, former Redevelopment Manager Susan Evans, and the Public Information Office on the production of the video presentation. 

 

The Council Members expressed appreciation to the Task Force Members, noting the service of Mrs. Ramos, as Committee Chair, and Mr. Golonski, and staff�s efforts.

 

Mr. Golonski requested that staff bring back to the Council a report on inclusionary housing.

 

 

City Council

Reso. Adopted

City Council Resolution No. 26,434 Accepting the Blue Ribbon Task Force�s Recommendations on Affordable Housing Objectives and Programs was adopted.

 

 

Motion

It was moved by Mrs. Ramos and seconded by Ms. Murphy that �the following resolution be passed and adopted:�

 

 

RA 41

Accepting Blue

Ribbon Task Force

Recommendations

on Affordable

Housing

RESOLUTION NO. R-2056:

A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK ACCEPTING THE BLUE RIBBON TASK FORCE�S RECOMMENDATIONS ON AFFORDABLE HOUSING OBJECTIVES AND PROGRAMS.

 

 

 

Adopted

The resolution was passed by the following vote:

 

Ayes:      Members Golonski, Murphy, Ramos, Vander Borght and

              Laurell.

Noes:      Members None.

Absent:   Members None.

 

 

9:15 P.M.

Recess

The Agency recessed at this time to allow the Council to hold a closed session.  The Agency reconvened at 9:46 with Mrs. Ramos absent.

 

 

9:46 P.M.

Jt. Mtg. w/Council

Housing, Parking

& YES Fund Board

RA 42-2

2003 Investment

Policy

Ms. Anderson, City Treasurer, presented the re-written 2003 investment report which was submitted for a certification award to the Municipal Treasurer�s Association of the United States and Canada.  She stated the 2002 report was presented and did not attain certification.  She noted a few changes including the decreased liquidity amount based on the appropriations of the current budget, the removal of repurchase agreements as permitted investments since these types of investments have not been made since 1994, and the addition of a new broker-dealer who has been working with the department for a year.

 

 

Motion

It was moved by Ms. Murphy and seconded by Mr. Golonski that �the 2003 Investment Policy be approved.�

 

 

Carried

The motion was carried by the following vote:

 

Ayes:      Members Golonski, Murphy, Vander Borght and Laurell.

Noes:      Members None.

Absent:   Member Ramos.

 

 

Jt. Mtg. w/Council

Housing, Parking

& YES Fund Board

RA 42-2

Treasurer�s Report

Ms. Anderson presented a historical perspective of the Dow Jones Industrial Average with the help of a visual aid and noted the fluctuating investment rates. She noted there have not been any major changes in the portfolio with earnings at approximately 3.5 percent and the liquidity account earning at approximately 2.205 percent. She noted the earnings for the portfolio in January 2003 were still the same while the liquidity account dropped.

 

The Council noted and filed the report.

 

 

Motion

It was moved by Ms. Murphy and seconded by Mr. Golonski that �the following item on the consent calendar be approved as recommended:�

 

 

Minutes

Approved

The minutes for the regular meetings of November 19, November 26 and December 10, 2002 were approved as submitted.

 

 

Adopted

The consent calendar was adopted by the following vote:

 

Ayes:      Members Golonski, Murphy, Vander Borght and Laurell.

Noes:      Members None.

Absent:   Member Ramos.

 

 

9:15 P.M.

Recess

The Agency recessed at this time to convene to closed session and permit the Youth Endowment Services Fund Board and City Council to continue their meetings. The Agency reconvened at 11:01 p.m. for public comment with the same members present.

 

 

11:06 P.M.

Adjournment

There being no further business to come before the Agency, the meeting was adjourned at 11:06 p.m.

 

 

 

 

                                                                         s/Margarita Campos              

                                                                                      Secretary

 

  

APPROVED MAY 27, 2003

 

 

       s/Stacey Murphy            

             Chairperson

 

 

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