CITY OF ATASCADERO
CITY COUNCIL/
ATASCADERO FINANCING AUTHORITY
AGENDA

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City Hall Council Chambers, Fourth Floor
6500 Palma Avenue, Atascadero, California

A.

  

1.

  

Mayor/Chair Bourbeau
Mayor Pro Tem/Vice Chair Dariz
Council Member/Director Funk
Council Member/Director Newsom
Council Member/Director Peek

2.

  

4.

  
  1.  Public Employee Performance Evaluation
    Government Code Sec. 54957
    Title: City Attorney

5.

  

6.

  

B.

  

C.

  

Mayor Pro Tem/Vice Chair Dariz

D.

  

1.

  

2.

  

E.

  

(All items on the consent calendar are considered routine and non-controversial by City staff and will be acted upon by a single action of the City Council unless otherwise requested by an individual Council Member for separate consideration. Public comment on Consent Calendar items will be invited prior to action on the Calendar.) 

Recommendation: Council approve the September 9, 2025, City Council Special Meeting Minutes [City Clerk]

Recommendation: Council Approve the September 9. 2025 City Council/City Council in the Capacity of Successor Agency to the Community Redevelopment Agency of Atascadero for Redevelopment and Housing Purposes Regular Meeting Minutes. [City Clerk]

Fiscal Impact: $4,730,559.04
Recommendation: Council approve certified City accounts payable, payroll and payroll vendor checks for August 2025. [Administrative
Services]

Fiscal Impact: None
Recommendation: Council receive and file the City Treasurer's report for quarter ending June 30, 2025 [Administrative Services]

F.

  

(The City Manager will give an oral report on any current issues of concern to the City Council.) 

G.

  

(This portion of the meeting is reserved for persons wanting to address the Council on any matter not on this agenda and over which the Council has jurisdiction. Speakers are limited to three minutes. Please state your name for the record before making your presentation. Comments made during Community Forum will not be a subject of discussion. A maximum of 30 minutes will be allowed for Community Forum, unless changed by the Council. Any members of the public who have questions or need information may contact the City Clerk’s Office, between the hours of 8:30 a.m. and 5:00 p.m. at (805) 470-3400, or [email protected].)

H.

  

Fiscal Impact: An estimated amount of $29,613,000 in bond proceeds and related interest and an estimated $57,204,000 in related debt service costs over 30 years.
Recommendation
1.    Council hold a public hearing on the financing of the Projects.
2.    Council  adopt Draftt Resolution authorizing the execution and delivery by the City of Atascadero of a Ground Lease, Lease Agreement, Indenture, and Bond Purchase Agreement in connection with the issuance of Atascadero Financing Authority Lease Revenue Bonds, approving the issuance of such bonds in an aggregate principal amount of not to exceed $33 million, authorizing the distribution of an official statement in connection with the offering and sale of such bonds, and authorizing the execution of necessary documents and certificates and related actions.
3.    Board of Directors adopt Draft Resolution authorizing the execution and delivery by the authority of a Ground Lease, Lease Agreement, Indenture, Assignment Agreement, and Bond Purchase Agreement in connection with the issuance of Atascadero Financing Authority Lease Revenue Bonds, authorizing the issuance of such bonds in an aggregate principal amount of not to exceed $33 million, authorizing the distribution of an official statement in connection with the offering and sale of such bonds, and authorizing the execution of necessary documents and certificates and related actions.

Fiscal Impact: The fiscal impact for the Centennial Plaza Project is $150,000 in revenue from the sale of real property with an offsetting book value of $95,901. Additionally, the project will have a projected tax revenue of $75,000 - $100,000 per year (once fully occupied with tenants). 
Recommendation: Council:
1. Conduct a public hearing to receive public testimony on the Economic Development Subsidy for the Centennial Development Project at 5901 East Mall.
2. Receive, file and approve the information on the Subsidy required pursuant to Government Code Section 53083, contained in the Public Notice and Report. [Community Development]

I.

  

Fiscal Impact: The fiscal impact for the Centennial Plaza Project is $150,000 in revenue from the sale of real property with an offsetting book value of $95,901. Additionally, the project will have a projected tax revenue of $75,000 - $100,000 per year (once fully occupied with tenants). 
Recommendation: Authorize the City Manager to execute a sales agreement with Colin Weyrick for the private purchase of the Centennial Plaza properties (APN 029-347-020 and APN 029-347-033) in the amount of $150,000 for the development of the approved mixed-use project in a form and content acceptable to the City Attorney.  [Community Development]

(On their own initiative, Council Members may make a brief announcement or a brief report on their own activities. The following represent standing committees. Informative status reports will be given, as felt necessary):


Mayor Bourbeau
1. City Selection Committee
2. County Mayor’s Round Table
3. Integrated Waste Management Authority (IWMA)
4. Central Coast Community Energy (3CE)


Mayor Pro Tem Dariz
1. Air Pollution Control District
2. California Joint Powers Insurance Authority (CJPIA) Board
3. Community Action Partnership of San Luis Obispo (CAPSLO)
4. Visit SLO CAL Advisory Committee


Council Member Funk
1. Atascadero Basin Ground Water Sustainability Agency (GSA)
2. Design Review Committee
3. Homeless Services Oversight Council
4. REACH SLO Advisory Commission


Council Member Newsom
1. City of Atascadero Finance Committee
2. City / Schools Committee
3. League of California Cities – Council Liaison
4. SLO Council of Governments (SLOCOG)
5. SLO Regional Transit Authority (RTA)


Council Member Peek
1. City of Atascadero Finance Committee
2. City/Schools Committee
3. Design Review Committee
4. SLO County Water Resources Advisory Committee (WRAC)

(Council Members may ask a question for clarification, make a referral to staff or take action to have staff place a matter of business on a future agenda. The Council may take action on items listed on the Agenda.)


1. City Council
2. City Clerk
3. City Treasurer
4. City Attorney
5. City Manager

L.