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<br />Minutes - City of San Leandro City Council, <br />San Leandro Economic Development Agency, <br />San Leandro Housing Finance Corporation, <br />San Leandro Parking Authority, <br />San Leandro Public Financing Authority, and <br />San Leandro Redevelopment Agency Joint Meeting - June 17,2002 <br /> <br />Page II <br /> <br />Seth Hudson, Development Project Specialist, gave a staff report regarding the <br />OPA. <br /> <br />City Council discussion ensued regarding acceptance of the sunounding <br />community. <br /> <br />Renee Smith, owner of the property, addressed the Council indicating that the <br />sunounding community is very supportive ofihe use. <br /> <br />Staff elariiled if amendments were made to the Owner Participation Agreement, the <br />issue would go to the Redevelopment Advisory Committee or back to the <br />Redevelopment Agency for approval, if warranted. <br /> <br />The following Resolution was then introduced: <br /> <br />Resolution No. 2002-12, Resolution of the Redevelopment Agency orthe City <br />of San Leandro Approving an Owner Participation Agreement (OPA) Between <br />the San Leandro Redevelopment Agency and Renee Smith (Ennuye <br />Entertainment Association) for Development of Property Located in the West <br />San Leandro/MacArthur Boulevard Redevelopment Project Area, Located at <br />200 MacArthur Boulevard, Assessor's Parcel Number 076-03 I 4~0 14-00, for <br />Purchase and Rehabilitation of an Existing Commercial Building (provides <br />Agency funding for the purchase and rehabilitation of commercial property to <br />be developed as a recording studio). (2888) <br /> <br />M/S/C Loeffler and Badger. Ayes: 6; Noes: 0; Absent: Mayor Young <br /> <br />G. Matter of Adoption of City Manager's Proposed Budget, 2002-2003 Fiscal Year <br />(including the San Leandro Redevelopment Agency, San Leandro Economic <br />Development Agency, San Leandro Housing Finance Corporation, San Leandro <br />Parking Authority, and San Leandro Public Financing Authority). (1963) <br /> <br />City Manager Jcnnanis introduced Ed Schilling, Assistant City Manager, who went <br />over the proposed changes to the budget since it was first presented on May 20, <br />2002. <br /> <br />Council Member Loealer commented on his support for the use of reserves to <br />promote loan programs for employees to live in San Leandro. <br /> <br />Council Member Santos added he hopes the anticipated additional revenues from <br />the Utility Users Tax would come before the Finance Committee for discussion on <br />how they might be used. <br />