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Home My WebLink AboutTC Min 1994-04-25 - c I"'" TOWN COUNCIJ.. MINUTES I CALL TO ORDER Mayor Nygren called the adjourned meeting of the Town Council of the Town of Tiburon to order at 6:05 P.M., Monday, April 25, 1994 in Room 5, Del Mar School, Tiburon, California. A. ROLL CALL PRESENT: COUNCILMEMBERS: Ginalski, Thayer, Thompson, Wolf, Nygren ABSENT: COUNCILMEMBERS: None EX OFFICIO: Town Manager Kleinert, Town Clerk Hennessy B. UNFINISHED BUSINESS 1. NEW TOWN CENTER (Standing Committee Status Report) k The Town Manager stated the program is to have the New Town Center Standing Committee update the full and new Council regarding the proposed program; stated the Committee met last week and set the goals for the Ballot Measure which is on the June 7th Ballot. The Town Attorney noted there will be no Closed Session; the Town was notified the Leonard Jay property might become available through the Resolution Trust Company (RTC), however, he had not received additional information to discuss. Al Kuhn, 27 Tara Hill, Chairman of the New Town Center Standing Committee, reviewed the history of the project since 1987; stated Council appointed Hal Edelstein as the Project Manager; Design and Technical Advisory Committees were formed; felt they had developed a consensus representing a vast majority of the citizens' viewpoints; showed Council flier which had been prepared to send to all the households in Tiburon; an Executive Summary sheet, as well as a detailed booklet available at Town Hall; also attended many Homeowner Association meetings; noted the New Town Center model has been continuously displayed since February 1; numerous articles have appeared in The Ark; stated the Ballot Measure is asking citizens approval of approximately $3.1 million; stated it was important to present to the public as uniform and as strong a consensus on the importance of this project as possible. Mr. Kuhn stated Jeff Knight, former Town Treasurer, will assume responsibilities as Campaign Manager for the Citizens for the New Town Center. ~ TOWN COUNCIL MINUTES #1011 4/25/94 1 l Mr. Kuhn responded to several questions from f20uncilmembers regarding space , allocation; estimated cost and height. ~ Mark Pressman reviewed an amortization schedule for 35 years at 6 3/4% interest rate; explained bond ratings and the need to seek $99 approval in case interest rates climb. Jeff Knight, 615 Ridge Road, stated they have put together a precinct organization; need to educate the public. Mr. Pressman explained delinquencies and how they would be handled; spreading the bond issue over the life span of those who will enjoy the facility. In response to Nat Marans, Spanish Trail, Mr. Pressman stated it was the consensus of the Bond Counsel that if the nature of the improvement or facility is a general benefit to the general populace, this tax measure would be deductible. Carolyn Hockley, 20 Mara Vista, asked how soon the bond would be secured. Mr. Pressman responded that there would be a diligent effort to get it done as soon as possible. h In response to Councilmember Wolf, Mr. Pressman stated that the funds from the bonds could only be used to service the debt. In response to Mr. Kuhn, Mr. Pressman explained the Federal Arbitrage law which requires spending down the funds within three years; interest earnings on the proceeds once the funds are raised and in the account for the building fund would be invested; interest would in essence augment the construction fund. In response to Ralph Hockley, Mr. Pressman explained the inventory of existing single family, multi-family and exempt parcels to reach estimate of buildable lots; property owners will have to take the initiative and request that a parcel be exempt; undeveloped parcels will be levied as a single family dwelling unit; the bond debt service will remain fixed and the cost will be reduced per unit as more units are added; in the case of any annexations to the Town, there can be a condition that the new property be required to annex to the NTC Community Facility District. Ann Ross, Reedlands POA, stated she would like to see the Town put out some reasons of what will happen if the Town doesn't pass this bond measure. The Council discussed the American Disabilities Act and the requirements to bring the existing buildings up to standards. In response to Vice-Mayor Thompson, Mr. Pressman stated the Committee evaluated an exemption for low/moderate income households and did not recommend any exemptions. Ir- TOWN COUNCIL MINUTES #1011 4/25/94 2 > 1 Carolyn Hockley suggested setting up tables at the litlrary, post office, Safeway, etc. and encouraging citizens to ask questions. ~ Hal Edelstein estimated that a new design will cost approximately $100-150,000 in fees. The Town Manager noted the success of the Emergency Preparedness Fair and the comments of many residents regarding the current office space; majority didn't know what existed. Mr. Kuhn stated the Committee will be asking many citizens to work on the campaign and asked for a reaffirmation from the Council that they are supporting this project. Hal Edelstein noted the vote is for the bond issue, not for the exact, detailed design. Councilmembers Ginalski, Thayer, Thompson and Mayor Nygren were unanimous in their support. Councilmember Wolf stated she supported a new Town Hall and recognized the need to do something as quickly as possible, but could not support the current plan. A brief discussion followed regarding square footage, height, and design elements. c. ADJOURNMENT ~ There being no further business before the Town Council of the Town of Tiburon, Mayor Nygren adjourned the meeting at 8:30 P.M. sine die. ATTEST: TIIERESE M. HENNESSY, TO CLERK L TOWN COUNCIL MINUTES #1011 4/25/94 3