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HomeMy WebLinkAboutMINUTES - 06251996 - C97 TO: BOARD OF SUPERVISORS Contra FROM: Finance Committee - IS Costa o; �Jimw� •s ,O DATE: June 25, 1996 ', y�4 County rq-cb'uti'r' SUBJECT: Reallocation of Child Care Affordability Funds within the Community Services Department SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION(S): 1. APPROVE the expenditure of$49,850 in 1995-96 Child Care Affordability Funds for start-up expenses including legal, consulting, financing, appraisal and transaction fees associated with the County leasing of Balboa School for provision of child care services. BACKGROUND/REASON(S) FOR RECOMMENDATION(S): On May 6, 1996, the Finance Committee considered a request by the Community Services Department to reallocate 1995-96 Child Care Affordability Funds, originally proposed for the acquisition of the Maritime and Powers Child Care Centers in Richmond, toward the lease of the Balboa Child Care Center in Richmond (see attached department memo). The Committee tentatively approved the reallocation pending additional information relative to the lease arrangements for Balboa School. On June 17, 1996, the Committee reviewed the details of the leasing arrangement and approved the reallocation of funds. Details are included in the attached memo. CONTINUED ON ATTACHMENT: `YES SIGNATURE: 'Ja)--y e� RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): i ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS / I HEREBY CERTIFY THAT THIS IS A v UNANIMOUS(ABSENT 1 TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ABSENT: ABSTAIN: ON MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. Contact:Tony Enea,646-4094 ATTESTED JUN 2 51996 PHIL BATCHELOR,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR cc: CAO _ Community Services ,, ) General Services-Property Lease Division BY EPtlTY County Counsel Agenda Item #2 Community Services DepartmentContra Child Development 374-3994 Child Nutrition 374-3850 Administration Costa Communty Action 313-7363 Head Start 646-5540 1220 Morello Avenue, Suite 101 Housing and Energy 646-5756 Martinez,California 94553-4711 COI 'nt U �/ PATHS 427-8094 (510)313-7350 Fax: (510)313-7385 Joai.•V.Sparks, Director a� DATE: May 2, 1996 TO: Finance Committee of the Board of Supervisors FROM: Scott Tandy, Director, Community Services Department BY: AI Prince, Administrative Services Officer SUBJECT: Request To Reallocate FY 1995-96 Child Care Affordability The purpose of this memorandum is to request that the Finance Committee authorize the reallocation of FY 1995-96 Child Care Affordability funds in the amount of $49,850 to acquire the Balboa child care center in Richmond. A total of $99,700 was originally awarded to the Department in FY 94-95 and FY 95-96 Child Care Affordability funds to acquire the Maritime and Powers child care centers in Richmond. The Department was able to secure both properties at an_acquisition cost lower than originally anticipated. While the FY 1994-95 allocation of $49,850 was used towards the acquisition, it was not necessary to use the FY 1995-96 allocation of $49,850. The Department would like to use this allocation instead to acquire -1- Affirmative Action/Equal Opportunity Employer .ql the Balboa child care center, which is also in Richmond. The center currently provides Child Development and Head Start services to low f income children and families residing in west County. The acquisition of this site for the Department's children's programs would greatly benefit the County's continuing commitment of providing quality children's services to our citizens in west County. Please call me at 646-4087 if you have any questions regarding this matter. cc: Tony Enea Wilda Davisson -2- � q7 #1 GENERAL SERVICES DEPARTMENT 1220 Morello Avenue, Suite 200 Martinez, California 94553 Extension 3-7100 FAX 3-7108 DATE: June 13, 1996 TO: Finance Committee d June 17, 1996 FROM: Barton J. Gilbert, Dire t of General Services By: W. Alan Pfeiffer, L e Manager SUBJECT: Report on the Balboa Scoo ite Project The County Community Services Department currently occupies the Balboa School facility on a short-term lease. The Balboa School Site Project will provide the County with a long term lease at the lowest possible cost from a community services oriented non profit corporation. The proposed agreement is structured as follows. 1. The Northern California Council for the Community, Inc. will purchase the property for $850,000 from the West Contra Costa Unified School District and lease the entire site to .the County for 20 years. The County will cover its rent obligations with revenue from Head Start, Child Development, and other programs and activities utilizing the site. 2. The Council will fund the purchase with a loan of approximately $550,000 from a commercial bank and a five-year carryback loan from the District in the amount of approximately $300,000. 3. The Council which is a qualified recipient of tax deductible gifts, will apply for various foundation grants and private gifts each year to fully retire the obligation to the District. As the principal balance is reduced, the rent to the County will also be proportionately reduced. As additional uses and facilities are developed on this large site, the rent will also be spread over a broader revenue base. The County has submitted a lease to the Council which is under review and discussion. When this lease has been approved by the Council, it will proceed with a purchase agreement with the School District, subject to financing and approval by the County on cost and terms. When the lease is approved by the Board of Supervisors, the Council will Re: Report on the Balboa School Project June 13, 1996 Page -2- complete its financing arrangements. The County and the Council have project start-up expenses for legal fees, consulting services, finance, appraisal, and transaction fees, and staff services. The reallocation of 1995-96 TOT Funds in the amount of $49,850 and a similar allocation for 1996-97 is needed to meet development expenses for the Balboa School Site Project. BJG:WAP:mak Fincomm.696 cc: Scott Tandy, Assistant County Administrator Kathy Brown, Deputy General Services Director