SYNOPSIS 

Sacramento Housing and Redevelopment Commission 
May 7, 2008 


ROLL CALL 

The Sacramento Housing and Redevelopment Commission meeting was called to order 
at 6:00 p.m. Chair Roy Fowler. 

PRESENT: 
Burruss, Chan, Dean, Fowler, Gore, Morgan, Otto, Stivers (one 
vacancy) 

ABSENT: 
Coriano, Shah. 

STAFF PRESENT: Vickie Smith, Cindy Parker, La Shelle Dozier, Lisa Bates, David 
Levin, Nick Chhotu, Mary Lyon, Greg Wessel, Sandy Piekarski, Christine Weichert, 
Celia Yniguez, Steve Lierly, Erik Gropp, Chris Pahule, Jeree Glasser, Bernadette 
Austin, Satoshi Matsuda, Marti Brown. 

APPROVAL OF AGENDA 

The chair announced that items 13 and 14 would be heard together as one presentation 
and items 15 and 16 would be heard as one presentation. 

APPROVAL OF ACTION SUMMARY SYNOPSIS 

1. 
Synopsis – April 16, 2008 -approved as submitted. 
CITIZENS COMMENTS 

2. 
None 
CONSENT 

3. 
Acquisition of 3700/3714 Rio Linda Boulevard and 401/445 Ford Road and 3432 
Norwood Avenue 
4. 
Marysville Boulevard Streetscape and Circulation Enhancement Plan 
5. 
Approval Of Affordable Housing Agreement And Bond Documents For 
The Acquisition, Construction, And Permanent Financing Of Norden Terrace 
Apartments 
6. 
Approval Of Bond Documents, Inclusionary Housing Agreement And Owner 
Participation Agreement For The Acquisition, Construction, And Permanent 
Financing Of Corsair Park Senior Apartments 

SHRC Synopsis 
May 7, 2008 

7. 
Acquisition of 5716 Stockton Boulevard – City Report 
8. 
Acquisition of 5716 Stockton Boulevard – County Report 
9. 
Approval of Credit Agreements for the North Sacramento and Stockton 
Boulevard Revelopment Project Areas and Related Actions – City Report 
10. 
Approval Of Credit Agreement For The Stockton Boulevard Redevelopment Area 
And Related Actions – County Report 
11. 
Approval Of Loan Commitment For The County of Sacramento ARD-3 Sewer 
Relief Project 
12. 
Allocation Of Design Funds To The Femoyer Street Project And The 
Reprogramming Of Funds From A Completed Infrastructure Improvement Project 
In The Mather Redevelopment Area 
The Commission recommended approval of the staff recommendation for the 
items listed above. The votes were as follows: 
AYES: Burruss, Chan, Dean, Fowler, Gore, Morgan, Otto, Stivers. 
NOES: None. 
ABSENT: Coriano, Shah. 
ABSTAIN: Otto (for items 7 and 8 only) 
BUSINESS 

13. 
Approval Of Tax-Exempt Bonds, Home Investment Partnership (HOME) Loan, 
Tax Increment Loan, And Relocation Plan For Summerset Apartments -County 
Report 
14. 
Approval of Agency Loan Commitment and Relocation Plan for Summerset 
Apartments -City Report 
Chris Pahule, Assistant Director, presented introductory comments about both 
Summerset Apartments and Greystone Apartments. He also stated that Sam 
Walden from InnerCity Housing Corporation was in the audience. 

Erik Gropp, Housing Finance Analyst, presented item 13 and 14 together. 

Commissioner Chan asked about the acquisition costs of the units. Jeree 
Glasser-Hedrick explained that the acquisition costs are higher than normal due 
to the above average rents at the complex. 


SHRC Synopsis 
May 7, 2008 

The Commission recommended approval of the staff recommendation for items 
13 and 14 items listed above. The votes were as follows: 

AYES: Burruss, Chan, Dean, Fowler, Gore, Morgan, Otto, Stivers. 
NOES: None. 
ABSENT: Coriano, Shah. 

15. 
Approval of Loan Commitment and Relocation Plan for Greystone Apartments 
16. 
Approval Of Tax-Exempt Bonds, Home Investment Partnership Program (HOME) 
Loan, Tax Increment Loan, And Relocation Plan For Greystone Apartments 
Steve Lierly, Housing Finance Analyst, presented item 15 and 16 together. 

Commissioner Burruss asked about the three units currently used as a 
manager’s office, maintenance room, and storage room. Steve Lierly indicated 
that these units would convert back to apartment units once the community room 
was built as these administrative functions would then be located inside the 
community room. 

The Commission recommended approval of the staff recommendation for items 
15 and 16 items listed above. The votes were as follows: 

AYES: 
Burruss, Chan, Dean, Fowler, Gore, Morgan, Otto, Stivers. 

NOES: None. 

ABSENT: Coriano, Shah. 

17. 
Defunding 2001/2005 Del Paso Boulevard Project and Acquisition of Various Del 
Paso Boulevard Properties 
Marti Brown, Senior Redevelopment Planner, presented the item. 

Commissioner Burruss asked about the plan to secure the properties once they 
are acquired. Marti Brown explained that staff would immediately arrange to have 
the properties secured after acquisition takes place. 

The Commission recommended approval of the staff recommendation for item 17 
listed above. The votes were as follows: 


SHRC Synopsis 

May 7, 2008 
AYES: Burruss, Chan, Dean, Fowler, Gore, Morgan, Stivers. 
NOES: None. 
ABSENT: Coriano, Shah. 
ABSTAIN: Otto 

EXECUTIVE DIRECTOR'S REPORT 

LaShelle Dozier reviewed the following items: 

1) 
Activities Calendar. 

2) 
Arnold Mohr is the new commissioner to begin serving on May 21st . 

3) 
Status of Hotel Berry news story on channel 13 

4) 
Serna Village award from National Association of Housing Finance Agencies 

5) 
Convention Center dedication at May 8th 4:30 pm for former Commissioner Sam 
Burns 

ITEMS AND QUESTIONS OF COMMISSION MEMBERS 

Commissioner Stivers requested a tour of the Del Paso Heights Redevelopment Area 

this summer. 
ADJOURNMENT 
As there was no further business to be conducted, Chair Fowler adjourned the meeting 

at 6:40 p.m. 

AGENCY CLERK