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HomeMy WebLinkAbout2008-03-17 City Council Agenda Packet 1 03/17/08 Agenda posted according to PAMC Section 2.04.070. A binder containing supporting materials is available in the Council Chambers on the Friday preceding the meeting. Special Meeting March 17, 2008 COUNCIL CONFERENCE ROOM - 6:00 PM ROLL CALL 1. Joint Meeting with Senator Joe Simitian Concerning State and Local Issues POTENTIAL TOPICS FOR DISCUSSION COUNCIL CHAMBERS - 7:00 PM CLOSED SESSION 7:00 – 7:30 PM 2. CONFERENCE WITH LABOR NEGOTIATOR Agency Negotiator: City Manager and his designees pursuant to Merit Rules and Regulations (Frank Benest, Russ Carlsen, Darrell Murray, Sandra Blanch, Lalo Perez, Nick Marinaro, David Ramberg, Emily Harrison) Employee Organization: Palo Alto Fire Chiefs’ Association Authority: Government Code Section 54957.6(a) SPECIAL ORDERS OF THE DAY 3. Commending the Outstanding Public Service of Chris Ewert, Joe Manning, Frank Scioscia and Glenn Rawlinson As Co-Chairs of The Local Organizing Committee and All Volunteers and Sponsors for Palo Alto/Stanford Prologue of 2008 Amgen Tour Of California PROCLAMATION 03/17/08 2 4. RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO EXPRESSING APPRECIATION TO SANDRA HIRSH FOR OUTSTANDING PUBLIC SERVICE AS A MEMBER OF THE LIBRARY ADVISORY COMMISSION RESOLUTION 5. RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO EXPRESSING APPRECIATION TO LENORE JONES FOR OUTSTANDING PUBLIC SERVICE AS A MEMBER OF THE LIBRARY ADVISORY COMMISSION RESOLUTION ORAL COMMUNICATIONS Members of the public may speak to any item not on the agenda; three minutes per speaker. Council reserves the right to limit the duration or Oral Communications. APPROVAL OF MINUTES January 22, 2008 February 4, 2008 CONSENT CALENDAR Items will be voted on in one motion unless removed from the calendar by two Council Members. 6. Approval of an Application for Membership in the Link+ Resource Sharing Library Consortium and Authorization to Participate in a Twenty-Four Month Pilot Project in a Total Amount Not to Exceed $220,000, with the Friends of the Palo Alto Library Contributing Up to $110,000 CMR:166:08 ATTACHMENT 7. Temporary Appointment of Robert Peterson to the Architectural Review Board for the Interim Term of March 20, 2008 through June 19, 2008 REPORT AGENDA CHANGES, ADDITIONS, AND DELETIONS HEARINGS REQUIRED BY LAW: Applications and/or appellants may have up to ten minutes at the outset of the public discussion to make their remarks and put up to three minutes for concluding remarks after other members of the public have spoken. OTHER AGENDA ITEMS: Public comments or testimony on agenda items other than Oral Communications shall be limited to a maximum of five minutes per speaker unless additional time is granted by the presiding officer. The presiding officer may reduce the allowed time to less than five minutes if necessary to accommodate a larger number of speakers. UNFINISHED BUSINESS 03/17/08 3 PUBLIC HEARINGS REPORTS OF COMMITTEES AND COMMISSIONS 8. Policy and Services Committee Recommendations for Approval of Updated Below Market Rate (BMR) Program CMR:173:08 ATTACHMENT ORDINANCES AND RESOLUTIONS REPORTS OF OFFICIAL 9. Adoption of Council “Top 4” Priorities and Milestones for 2008: Civic Engagement; Climate Protection; Library Plan/Public Safety Building; and Economic Health CMR:163:08 ATTACHMENT COUNCIL MATTERS 10. Proposal to Assign Staff to Review Potential Changes to the Process for the Architecture Review Board (ARB) Review of Large Projects REPORT FOR ITEMS 10 & 11 11. Proposal to Assign Staff to Review the Pros and Cons of Requiring Public vs. Private Streets (including clearance for refuse hauling) The meeting will adjourn and reconvene as the Public Improvement Corporation AGENDA CMR:162:08 ATTACHMENT COUNCIL COMMENTS, ANNOUNCEMENTS, AND REPORTS FROM CONFERENCES Members of the public may not speak to the item(s). CLOSED SESSION This item may occur during the recess or after the Regular Meeting. Public Comments: Members of the public may speak to the Closed Session item(s); three minutes per speaker. 12. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Authority: Government Code Section 54956.8 Property: 100 El Camino Real, APN 120-31-009 03/17/08 4 City Negotiators: Amy Bartell; F. Gale Connor; Valerie Fong Negotiating Parties: Carol Dillon of Bingham McCutchen LLP for the Board of Trustees of the Leland Stanford Junior University Subject of Potential Negotiations: Price and Terms of Payment ADJOURNMENT Persons with disabilities who require auxiliary aids or services in using City facilities, services, or programs or who would like information on the City’s compliance with the Americans with Disabilities Act (ADA) of 1990, may contact 650-329-2550 (Voice) 24 hours in advance. CMR:166:08 Page 1 of 4 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: LIBRARY DATE: MARCH 17, 2008 CMR:166:08 SUBJECT: APPROVAL OF APPLICATION FOR MEMBERSHIP IN THE LINK+ RESOURCE SHARING LIBRARY CONSORTIUM AND AUTHORIZATION TO PARTICIPATE IN A TWENTY-FOUR MONTH PILOT PROJECT IN A TOTAL AMOUNT NOT TO EXCEED $220,000, WITH THE FRIENDS OF THE PALO ALTO LIBRARY CONTRIBUTING UP TO $110,000 RECOMMENDATIONS Staff recommends that Council authorize the City Manager or his designee to apply for membership in the LINK+ resource sharing library consortium and participate in a twenty-four month pilot project totaling up to $220,000 that will allow customers of the Palo Alto City Library (Library) to borrow books from other member libraries. BACKGROUND LINK+ is a consortium of academic and public libraries in California and Nevada that maintains a unified catalog of the holdings of the member libraries for the purpose of facilitating borrowing across the system. In contrast to traditional interlibrary loan service, library users who have access to LINK+ initiate their own requests through the online catalog, and the books are delivered via a contracted courier to the customers’ local libraries within a few days. There is no charge to an individual to request or borrow a book through the LINK+ system. Currently, there are 50 member libraries – 12 public and 38 academic. Local public libraries that participate in LINK+ include San Francisco, Berkeley, San Jose, Mountain View, and Sunnyvale. Bay Area LINK+ academic libraries include San Jose State, San Francisco State, and Santa Clara University. LINK+ is a service frequently requested by Palo Alto residents who have used it at other libraries. In recognition of this, the Library Advisory Commission (LAC) recommended in the Library Services Model Analysis and Recommendations (LSMAR) report that Palo Alto join LINK+ or a similar resource sharing system to provide access to a wider range of books. Additionally, the Friends of the Palo Alto Library (Friends) have strongly supported the Library’s participation in LINK+. 6 CMR:166:08 Page 2 of 4 Staff completed a LINK+ feasibility study (Attachment A) and presented it to the LAC in June 2007. Based on the cost for Palo Alto to offer LINK+ service, the unknown impact on library staff workload, and the City’s budget challenges, staff recommended entering into a two-year pilot project. A two-year pilot project will enable staff to assess the benefits and costs of the service without committing the City’s General Fund to an ongoing service. It will also allow staff to better gauge the impacts on other services now provided or recommended in the LSMAR report. The Board of the Friends of the Palo Alto Library has agreed to commit up to $110,000 to partner with the City in funding the cost of a pilot project (Attachment B). DISCUSSION Joining the LINK+ system will provide four major benefits to the City’s library customers: • Access to millions of books not owned in the Palo Alto City Library • No charge to the person who borrows an item • Direct and quick delivery between member libraries • Ability for customers to place their own requests through a web catalog The LINK+ resource sharing system uses the INN-Reach product of Innovative Interfaces, Inc. (Innovative), a company headquartered in Emeryville, California that provides technology products and services to libraries. There are other library consortia around the county that use the INN-Reach product to facilitate resource sharing among their members. The INN-Reach software provides the capability to build a single database from the records of many libraries and allows patrons to easily request items not available in their libraries using an online catalog. The LINK+ system is managed by staff at Innovative at the direction and with the financial contributions of its members. Non-member institutions may apply for membership in LINK+ at any time by submitting a letter of intent, signed by the City Manager or designee, to join the consortium. Applications are reviewed and voted on by the Executive Committee of LINK+ and if approved, taken to the membership for the final approval. Staff has obtained a price quote from Innovative to join LINK+ (Attachment C). Innovative has estimated that the earliest date for the start of the implementation for Palo Alto is fall 2008, with service available to the public beginning in January 2009. Following a minimum participation period of twelve months, members may withdraw from LINK+ at any time upon written notification. Currently, all the libraries participating in LINK+ are using the same Innovative software to operate their local catalogs and manage their bibliographic and patron databases. This enables a seamless interface with the INN-Reach resource sharing software, streamlining use of LINK+ for the library customers. However, Palo Alto uses software from SirsiDynix to manage its library systems. As a non-Innovative library, Palo Alto would incur additional expense for the direct consortial borrowing (DCB) software and server needed to manage the transactions between the INN-Reach system and the SirsiDynix system. While the server would be hosted and managed at Innovative’s offices, this requirement adds $30,000 annually to the cost of providing LINK+ service to Palo Alto customers. This is not a cost that can be recovered by charging for use of the service since the LINK+ consortium does not permit this practice. CMR:166:08 Page 3 of 4 As a non-Innovative library, Palo Alto’s experience with LINK+ would be different from that of other libraries in the consortium. Library customers searching for books not available in Palo Alto will need to rekey their searches in the LINK+ catalog. The borrowing records for LINK+ items cannot be combined into customers’ records on Palo Alto’s SirsiDynix system, requiring library users to keep track of two separate accounts. Because the INN-Reach software cannot be fully integrated with the SirsiDynix system, Palo Alto staff will need to process loans to other libraries on both systems. This means that each LINK+ transaction will require more staff time in Palo Alto than at other LINK+ libraries. The Library currently offers traditional interlibrary loan service (ILL) at a charge of $7.50 per item. Staff conducts the search for a library owning the requested item, places the request, and handles the receipt and return of the item. In the LINK+ system, the customer conducts the search against the joint holdings of the member libraries and submits the loan request through the online catalog. Staff has estimated that about one third of the items borrowed through interlibrary loan would be available through LINK+, thereby reducing the staff workload now spend on the current ILL service. However, since the LINK+ service is limited to the loan of books and some governmental documents, it would be necessary to continue ILL service to obtain the other types of materials now requested, such as microfilm and periodical articles. A significant portion of the cost of LINK+ service is associated with the loan of books to other libraries in the consortium. Many LINK+ public libraries have loaned as many or more books from their collections as their customers have requested from other libraries. A commitment of member libraries is to provide adequate staffing to meet the system’s goal of a 24-hour turnaround to fill loans. The Library will also be responsible for contracted courier service charges to deliver books to other member libraries. This cost, estimated at approximately $16,000 for a year, is based on the weight and number of items shipped. Loans made through the LINK+ system qualify for the State Library’s Transaction Based Reimbursement Program that authorizes the payment of $5.29 per eligible transaction to the lending library. However, the total appropriation for this program has been cut and, in the last several years, the funding has not been sufficient to reimburse all participants at the approved rate. While the City will not receive full reimbursement for loaning library materials to other libraries through the LINK+ system, many libraries report that this reimbursement covers the majority of the LINK+ delivery charges. This is one of the many items that will be evaluated during the two-year pilot program. RESOURCE IMPACT Staff has estimated the total cost for a 24-month pilot project will be in the range of $200,000 - $220,000. The Friends has agreed to fund up to $110,000 of this total. Depending on the number of books loaned to other libraries and the State Library’s funding formula for its transaction based reimbursement program, potential revenue over the length of the pilot is estimated to range from $20,000 to $45,000. Since the proposed pilot will be conducted from January 2009 through December 2010, the City’s share of the cost of the two-year pilot will be spread over three fiscal years beginning with FY 2008-09. An additional appropriation of approximately $30,000 will be requested with the Library’s proposed 2008-09 operating budget. This will cover the cost of system training, the CMR:166:08 Page 4 of 4 first year’s membership in Link+, anticipated delivery charges, and hourly staff (.32 FTE) to support the workload to provide the service. The Friends will pay Innovative directly for the additional charges for the first twelve months of service. In FY 2009-10, the City funding required is estimated at $60,000, including a minimum of .64 FTE of hourly staff. The Friends will contribute the remaining charges from Innovative Interfaces. An additional appropriation of approximately $17,000 will be required for the Library’s 2010-11 operating budget to complete the last six months of the pilot program. Before the end of the two-year pilot project, staff will evaluate the cost of providing this service relative to its benefit and use to determine if ongoing funding of the service is recommended. POLICY IMPLICATIONS This recommendation is consistent with Council’s approval on December 11, 2006 of the highest level of recommendations in the LAC’s LSMAR report, including the recommendation to use technology to “join the LINK+ or similar resource sharing system to provide access to a wide range of books.” ENVIRONMENTAL REVIEW This is not a project requiring environmental review under the California Environmental Quality Act (CEQA). ATTACHMENTS Attachment A: LINK+ Feasibility Study for the Palo Alto City Library Attachment B: Letter from the Friends of the Palo Alto Library, dated October 1, 2007, committing funds for a two-year pilot project to provide Link+ service Attachment C: Innovative Interfaces, Inc. price quotations for LINK+ membership dues and management fees; INN-Reach License; and Hosted DCB License PREPARED BY: __________________________________ DIANE JENNINGS Library Director CITY MANAGER APPROVAL: __________________________________ EMILY HARRISON Assistant City Manager CMR: 173:08 Page 1 of 6 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: PLANNING AND COMMUNITY ENVIRONMENT DATE: MARCH 17, 2008 CMR: 173:08 SUBJECT: POLICY AND SERVICES COMMITTEE RECOMMENDATIONS FOR APPROVAL OF UPDATED BELOW MARKET RATE PROGRAM (BMR) ELEMENTS RECOMMENDATION The Policy and Services Committee (P&S) and staff recommend policy changes to the Below Market Rate (BMR) Program (see Attachment A), preparation of implementing legal documents, including revised deed restrictions and other enforcement and disclosure documents, and further analysis of program elements identified under Goal #2 of Attachment A as part of the next Housing Element revision. BACKGROUND Over the past three years, City staff and a consultant team analyzed the City’s Below Market Rate (BMR) Program, adopted in 1974 and governed by Policy H-36 in the Housing Element of the Comprehensive Plan. The study undertaken by staff and the consultant team included an economic and policy analysis of the program intended to maximize the effectiveness of the BMR Program though the increased production of affordable owner and rental units. The analysis provided expert advice regarding improvements in legal documents, program enforcement and methods of increasing the efficiency of routine administrative procedures. The study was also intended to provide an objective and statistically reliable view of the program from the perspective of the BMR owners. In December 2006, after completion of the preliminary study, the Human Relations Commission (HRC) discussed the report recommendations. Generally, the HRC was supportive of the overall study recommendations but did not specifically act on the report or on any particular policy recommendations. The HRC was primarily concerned with the BMR ownership program and, in particular, the limited appreciation allowed under the current appreciation formula. Subsequently, staff worked closely with the Palo Alto Housing Corporation (PAHC), the City’s contracted BMR Program administrator, and the consultant team to develop a set of recommendations based on the study conclusions for program improvements. The BMR Committee of PAHC’s Board of Directors reviewed the study in June 2007 providing additional input regarding potential modifications to the BMR Program. Staff developed its recommendations and forwarded the BMR 8 CMR: 173:08 Page 2 of 6 Study to the Policy and Services Committee for discussion at the September 2007 meeting. One key recommendation of the BMR Study was preparation of a BMR ordinance to codify Policy H-36 in the Housing Element. On March 10, 2008, the Council approved a BMR ordinance that identifies the purpose and authorizes the adoption of procedures to assist in the implementation of the program. Modifications to that ordinance may need to be prepared to address specific developer requirements and affordability standards for owner and rental units if recommended policy changes to the BMR program are adopted as part of this recommendation. DISCUSSION Policy and Services Committee (P&S)Review: The P&S Committee discussed the BMR study and staff recommendations on September 11, 2007. Attachment d is the action minutes for that meeting with the policy changes and actions recommended by P&S. The Committee supported the staff recommended Policies 1b through 1k in Attachment A and recommends adoption of those policies to the City Council. The Committee discussion focused on Policy 1a, which recommends that appreciation for ownership units be increased from the current one-third of the percent change in the Consumer Price Index (CPI) to the full CPI. Although the Committee supported the recommended change to the full CPI, there was discussion of retroactively applying the change in the appreciation formula for current BMR unit owners. The Committee did not forward a recommendation to the full Council but referred this issue to the Planning and Transportation Commission (PTC) for further discussion and recommendations regarding the retroactivity of the appreciation formula to the date each owner purchased their BMR unit. The Committee also recommended that the City Council direct staff to further analyze and make recommendations on Policies 2a, b and c listed under Goal #2 of Attachment A as part of the next Housing Element revision. Finally, the Committee requested that the PTC review and comment to Council on the viability of further pursuing each of these three new policy proposals. Planning and Transportation Commission (PTC) Review: The PTC met on October 10, 2007 to discuss the BMR Study recommendations and the specific referral from P&S regarding appreciation retroactivity for current BMR owners. Staff described the deliberations of P&S and explained the issues the retroactive application of additional appreciation that would affect most of the BMR units in the program since there are only a few that are currently receiving full CPI. Several BMR unit owners addressed the Commission and urged support for the retroactive appreciation. The PTC unanimously supported the concept of full CPI appreciation for all of the existing BMR units that are currently not receiving full CPI appreciation. The PTC recommended approval of the staff recommendations list on Attachment A. The PTC also had several additional recommendations for either modifying the BMR Program or that warranted further study. These included: • Evaluating possible methods to address the impact of increased homeowner dues on BMR homeowners • Developing a cap on BMR unit appreciation • Eliminating the depreciation deduction for unit improvements • Modifying preference criteria to provide a preference for City and PAUSD employees • Providing periodic review of the BMR program to ensure optimum operations • Exploring “rounding up” fractional units on projects with less than 30 units • Changing policy to allow developers to provide smaller BMR units than the market rate CMR: 173:08 Page 3 of 6 component only if more units are provided that equal or exceed the square footage from the original requirement Staff will study the last item as part of the Housing Element update; the other PTC recommendations are being considered currently as part of the implementation of the BMR study. Staff Recommendation: Staff recognizes the concern about the effect upon BMR owners of the low appreciation realized under the current one-third of CPI appreciation formula that has been in place since 1983; however, staff continues to recommend against a retroactive increase to the BMR appreciation rate for current owners for the reasons described in both the P&S and PTC attached staff reports. Further analysis has since been completed on: • The effect that the retroactive application of the full CPE would have on the overall policy objectives of the BMR program as a whole, • The likelihood of loss of units in specific projects if resale prices exceed what buyers will pay; • The relationship to the condition of older units at resale; and • How the retroactive change would be actually put into place if adopted. Staff continues to recommend that an incentive mechanism, which would increase resale prices, for units which are in good condition at resale will be a more effective approach in addressing the City’s overall program objectives, but still provide benefits to long-term owners who have had the low appreciation. Staff has developed a proposed BMR Home Maintenance and Replacements Credit; this credit would provide additional funds to sellers based on how long their unit has been under the one-third of CPI formula and on the condition of the property at resale. Staff proposed an incentive reward system based on the condition of BMR units at resale in the October 11 staff report to the PTC (see page 4). Since then, staff has explored this concept in more detail and tested it using different variables such as length of ownership, condition of unit at purchase and at sale, and has concluded that it is a viable concept which would benefit both sellers and the BMR program as a whole. This system would provide sellers with a financial benefit at resale based on each year of one-third CPI appreciation. If the unit is determined to be in good repair and condition, the seller will receive full credit. The amount of the credit will be reduced if the unit needs repair by the estimated cost of bringing the unit up to reasonable standards for resale. Staff believes that the Home Maintenance & Replacements Credit is preferable to a blanket retroactive appreciation increase because it addresses the maintenance issues with the aging BMR housing stock while offering a financial incentive to owners to take good care of their units. The maximum amount of the credit is based on the length of time the unit was owned by the seller under the one-third of CPI formula, so long term owners would have a greater benefit similar to the concept of the retroactive CPI proposal. To be fair to an owner who purchased a unit that was already in deteriorated condition, the total estimated repair and renovation costs would be allocated only to the seller’s period of ownership. For those very low-income owners who have no financial capacity to repair or renovate their unit, staff proposed a limited renovation loan program (see page 7 of the P & S staff report). CMR: 173:08 Page 4 of 6 Staff proposes an annual credit of $1,500 per each year of ownership as a workable amount. The longest a current unit has been under the one-third CPI is 24 years; this means the current maximum credit would be $36,000. While this would be less than the increase to a typical 24 year old unit with the retroactive CPI, it is still a significant sum of money given that the owner needs to only have performed the normal maintenance, repairs and replacements expected as part of home ownership. Staff believes that adoption of a retroactive full CPI would have several problematic effects including: • A fundamental policy, to serve homebuyers from a broad range of incomes from very low income to the upper moderate category, would be eroded. Presently, very low and low income homebuyers can achieve home ownership by purchasing the lower-priced resale BMR units. Incorporating some $40,000 to $50,000 into the resale price by giving the current owner more appreciation will price these units out of reach to a large segment of the buyers now on the waiting list since currently these potential buyers cannot afford the high prices of new BMR units. • The additional resale proceeds will not be enough for owners to purchase market rate units in Palo Alto or in the Bay Area especially for the owners who are already living on limited retirement incomes. • There is no benefit to the BMR program as a whole from the adoption of the retroactive appreciation. • Retroactive appreciation not tied to the condition of the unit gives the same financial reward to the seller whose unit has been allowed to deteriorate as it does to those sellers who have invested in good upkeep and renovation. • Projects where the BMR units have limited buyer appeal will become much more difficult to resell with the retroactive appreciation added into the resale price; • Units must be resold in a timely manner under the current deed restrictions or else the City has to make the choice to take title itself or release the unit from the program; • Projects with a history of large special assessments will have resale prices which will approach prices for brand new units and, if in poor physical condition, they will not sell at all. There are eight developments with a total of 63 BMR units where the BMR units have deficiencies that reduce buyer appeal, including a past history of large special assessments, poor location, small square footage or rooms, unattractive layouts, and / or high original sales price. In some cases, all of these factors are present, and in others, only one or two apply. PAHC has found these units challenging to sell; most buyers on the waiting list would rather just wait for something better. If the physical condition of one of these units is also poor, then almost no one is willing to buy that unit. Factoring retroactive appreciation into the resale price will compound PAHC’s difficulty in finding buyers for this portion of the BMR housing stock. With lower resale prices in the past due to the one-third CPI formula, the City has been able to recoup its expenditures when forced to acquire units to prevent their loss from the program. With the addition of the retroactive appreciation, the City might have to use housing funds to write down the resale price to lower levels to resell certain units. CMR: 173:08 Page 5 of 6 Attachment G describes the credit proposal in more detail and provides a few samples of calculations comparing additional BMR unit value derived under the staff recommended credit to the retroactive appreciation at full CPI. RESOURCE IMPACT There will be no impact to the General Fund with implementation of any of the potential BMR program changes; however, there could be a significant impact to the Housing Fund if the retroactive appreciation for existing BMR unit owners is approved. To avoid these potential costs, the City Attorney has advised staff that any retroactive appreciation program would need to be implemented at the time of sale of the residence. This would avoid revising deed restrictions since the legal costs of modifying the deed restrictions for individual properties would be extremely significant for the City. POLICY IMPLICATIONS The overall focus of the BMR Study was to identify policies and procedures which would make the BMR program a more effective and efficient tool to address Palo Alto’s affordable housing needs. Broad housing policies were examined as well as routine procedural matters in administration of BMR unit sales. Several of the new policies from the study are based on two common underlying principles: 1) New residential expansion and development should contribute at some level towards solutions to the City affordable housing problems; and 2) The BMR program should contribute more effectively to the creation and preservation of affordable rental housing to a much greater degree than in the past. A rewrite of the BMR Program sections of the Housing Element would more clearly support these two guiding principles of the BMR Program. ENVIRONMENTAL REVIEW The BMR Study recommendations pertain to the administration of the BMR housing program which is categorically exempt under Section 15326 of the California Environmental Quality Act (CEQA). PREPARED BY: ___________________________________ Catherine Siegel Advance Planning Manager DEPARTMENT HEAD REVIEW: ________________________________________ STEVE EMSLIE Director of Planning and Community Environment CITY MANAGER APPROVAL: ________________________________________ EMILY HARRISON Assistant City Manager CMR: 173:08 Page 6 of 6 ATTACHMENTS A. BMR Program Update: Summary List of Staff Recommended Actions for Council Approval B. Inventory of BMR Units [Completed and Occupied Units and Pipeline] C. City Manager’s Report dated September 11, 2007 to Policy and Services Committee D. Minutes from P&S Committee meeting of September 11, 2007 E. Staff report to PTC dated October 10, 2007 F. Minutes from PTC meeting of October 10, 2007 G. Description of Home Maintenance and Replacements Credit H. Below Market Rate Housing Program Economic/Policy Analysis and Recommendations Prepared by Keyser Marsten Associates, In.c and Anderson & Associates (City Council Only) COURTESY COPIES Palo Alto Housing Corporation, Marlene Prendergast, Executive Director Bonnie Packer, Palo Alto Housing Corporation Board of Directors Lanie Wheeler, Palo Alto Housing Corporation Board of Directors Silicon Valley Association of Realtors Home Builders Association of Northern California, Southern Division CMR:163:07 Page 1 of 2 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: CITY MANAGER’S OFFICE DATE: MARCH 17, 20087 CMR: 163:08 SUBJECT: ADOPTION OF COUNCIL “TOP 4” PRIORITIES AND MILESTONES FOR 2008: CIVIC ENGAGEMENT: CLIMATE PROTECTION; LIBRARY PLAN/PUBLIC SAFETY BUILDING; AND ECONOMIC HEALTH RECOMMENDATION Staff recommends that the Council adopt the 2008 Council Top 4 Priorities and milestones as identified on Attachment A. BACKGROUND On January 12, 2008, the City Council held its annual retreat and identified its Top 4 Priorities for the upcoming fiscal year (2008/09). The Council took an informal vote on these priorities during the meeting which resulted in unanimous support. Three of the priorities remain essentially the same as last year, with revised titles: Climate Protection, Economic Health and Library Plan/Public Safety Building. The Council also added a new priority, Civic Engagement, to this year’s list. Staff has developed the attached list of proposed milestones (Attachment A) to address the Council’s priorities. DISCUSSION Staff has had preliminary discussions with the group of citizens and civic organizations who brought the civic engagement priority forward to the Council at its January retreat, as well as soliciting the advice of Ed Everett, the former manager of Redwood City, who led his organization in a focused effort on civic engagement and community building. As a result of those discussions, staff would propose to the Council the following as premises for this priority: • Civic engagement/community building is a multi-year commitment, involving skill building, increased understanding, the cultivation of mutual respect and trust, and a reorientation in working relationships between staff and the community CMR:163:07 Page 2 of 2 • Staff training and buy-in are pivotal to the success of the priority, since a simple customer/service-provider model deals with only a part of engaging the community in problem solving and imaginative planning • The new City Manager will need to lead the effort as soon as s/he is on board; this will be a strategic opportunity for that person to introduce him or herself to the Palo Alto community and staff; consequently, the first 6 months of the workplan lay the groundwork for programs that will enable the new city Manager to respond to this City Council priority and move it effectively forward RESOURCE IMPACT The proposed milestones for the Council Top 4 Priorities, if approved by Council, will be included in the proposed FY 2008-09 Budget. ATTACHMENTS The Proposed Top 4 Workplan FY 2008-09 PREPARED BY: ___________________________________ EMILY HARRISON ASSISTANT CITY MANAGER CITY MANAGER APPROVAL: ________________________________ FRANK BENEST CITY MANAGER CMR:162:08 Page 1 of 2 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: ADMINISTRATIVE SERVICES DATE: MARCH 17, 2008 CMR: 162:08 SUBJECT: APPROVAL OF 2006-07 PUBLIC IMPROVEMENT CORPORATION FINANCIAL STATEMENTS RECOMMENDATION Staff recommends that the Board of Directors of the Public Improvement Corporation (PIC) approve the 2006-07 financial statements for the Public Improvement Corporation. BACKGROUND The Public Improvement Corporation (PIC) is a nonprofit corporation formed by the City in 1983, allowing the City to issue Certificates of Participation (COPs) to fund capital improvements. The PIC, through a lease structure, finances the acquisition, improvement and construction of certain City properties (described below). PIC uses the lease payments by the City’s General Fund to pay the debt service on the COPs. On July 13, 1998, Council adopted a resolution establishing itself as the Board of Directors of the PIC. In 1983 and 1998, the City of Palo Alto issued Certificates of Participation (COPs) to fund improvements to the Civic Center and the Golf Course, respectively. In 2002, the Civic Center bonds were refinanced due to a lower interest rate environment, and COPs were issued to finance the construction of office space adjacent to the new parking structure on Bryant/Florence Street. The bylaws of the PIC require the Board of Directors of the Corporation to meet at least annually and approve the financial statements for the Corporation. Therefore, the City Council is required to meet annually as the Board of the PIC. The Board has no substantive oversight responsibilities, as it assigns all rights to receive lease payments to the Trustee (U.S. Bank Trust) for the benefit of the investors. DISCUSSION The attached financial statements show the financial condition of the PIC. All debt service payments have been made on time and all financial requirements, such as the maintenance of reserves, have been met. At year-end, June 30, 2007, total outstanding debt (principal) on the COPs equaled $9.2 million as follows: PIC-1 CMR:162:08 Page 2 of 2 COP Description Principal Outstanding (millions) Year Debt will be Retired 1998 Golf Course $5.1 2018 2002A Civic Center Refinancing $1.9 2012 2002B Downtown Parking Improvements $2.2 2022 Total COPs $9.2 RESOURCE IMPACT Approval of the Public Improvement Corporation’s financial statements will have no resource impact. POLICY IMPLICATIONS Approval of the Public Improvement Corporation’s financial statements is consistent with prior Council policy direction and resolutions. ENVIRONMENTALREVIEW This is not a project under Section 21065 of the Public Resources code for purposes of the California Environmental Quality Act (CEQA). ATTACHMENTS Attachment A: City of Palo Alto Public Improvement Corporation Financial Statements for the Year Ended June 30, 2007. PREPARED BY: __________________________ TARUN NARAYAN Senior Financial Analyst DEPARTMENT APPROVAL: __________________________ LALO PEREZ Director, Administrative Services CITY MANAGER APPROVAL: _______________________ EMILY HARRISON Assistant City Manager