CITY OF ATASCADERO CITY COUNCIL/ ATASCADERO FINANCING AUTHORITY AGENDATuesday, September 23, 2025 at 5:00 P.m. - 6:00 P.m.Tuesday, September 23, 2025 at 6:00 P.m. - 9:00 P.m.City Hall Council Chambers, Fourth Floor6500 Palma Avenue, Atascadero, CaliforniaA.CLOSED SESSION (5:00 p.m.) Public Comments: 1.ROLL CALL Public Comments: Mayor/Chair BourbeauMayor Pro Tem/Vice Chair DarizCouncil Member/Director FunkCouncil Member/Director NewsomCouncil Member/Director Peek2.CLOSED SESSION - PUBLIC COMMENT Public Comments: 3.COUNCIL LEAVES CHAMBERS TO BEGIN CLOSED SESSION Public Comments: 4.CLOSED SESSION - CALL TO ORDER Public Comments: Public Employee Performance EvaluationGovernment Code Sec. 54957Title: City Attorney 5.CLOSED SESSION - ADJOURNMENT Public Comments: 6.CLOSED SESSION REPORT Public Comments: B.REGULAR SESSION - CALL TO ORDER Public Comments: C.PLEDGE OF ALLEGIANCE Public Comments: Mayor Pro Tem/Vice Chair DarizD.PRESENTATIONS Public Comments: 1.APD Lifesaving Awards Public Comments: 2.Employee Recognition Public Comments: E.CONSENT CALENDAR Public Comments: (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.) 1.City Council Draft Minutes - September 9, 2025 Special Meeting Attachments | Public Comments1.092325 - E1 CC 2025_09_09_ SP_Draft_Minutes.pdfRecommendation: Council approve the September 9, 2025, City Council Special Meeting Minutes [City Clerk]2.City Council/City Council in the Capacity of Successor Agency to the Community Redevelopment Agency of Atascadero for Redevelopment and Housing Purposes Draft Minutes - September 9, 2025 Regular Meeting Attachments | Public Comments1.092325 - E2 CC 2025_09_09_ Draft_Minutes.pdfRecommendation: 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]3.August 2025 Accounts Payable and Payroll Attachments | Public Comments1.092325 - E3 Aug AP and Payroll SR.pdf2.092325 - E3a Aug AP and Payroll Report.pdfFiscal Impact: $4,730,559.04Recommendation: Council approve certified City accounts payable, payroll and payroll vendor checks for August 2025. [AdministrativeServices]4.June 2025 Investment Report Attachments | Public Comments1.092325 - E4 Treasurer's Report 06-25.pdfFiscal Impact: NoneRecommendation: Council receive and file the City Treasurer's report for quarter ending June 30, 2025 [Administrative Services]F.UPDATES FROM THE CITY MANAGER Public Comments: (The City Manager will give an oral report on any current issues of concern to the City Council.) G.COMMUNITY FORUM Public Comments: (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.PUBLIC HEARINGS Public Comments: 1.City of Atascadero and the Atascadero Financing Authority Approve/ Authorize the Issuance of Lease Revenue Bonds, Series 2025a (AFA Item) Attachments | Public Comments1.092325 - H1 AFA Bonds Staff Report.pdf2.092325 - H1a AFA Bonds Ex 1 City Resolution.pdf3.092325 - H1b AFA Bonds Ex 2 Authority Resolution.pdf4.092325 - H1c AFA Bonds Ex 3 Indenture.pdf5.092325 - H1d AFA Bonds Ex 4 Ground Lease.pdf6.092325 - H1e1 AFA Bonds Ex 5a Lease Agreement.pdf7.092325 - H1e2 AFA Bonds Ex 5b Memorandum of Lease.pdf8.092325 - H1f AFA Bonds Ex 6 Assignment Agreement.pdf9.092325 - H1g AFA Bonds Ex 7 Bond Purch Agreement.pdf10.092325 - H1h AFA Bonds Ex 8 Preliminary Official Statement v10.pdf11.092325 - H1i AFA Bonds Ex 9 Policy for Disclosure Procedures.pdfFiscal 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.2.Economic Development Subsidy – Centennial Development Project DEV24-0099 Attachments | Public Comments1.092325 - H2 Centennial Public Subsidy Staff Report.pdf2.092325 - H2a DEV24-0099 Notice and Rept_Centennial PSA.pdfFiscal 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.MANAGEMENT REPORTS Public Comments: 1.Centennial Plaza Purchase Agreement DEV24-099 Attachments | Public Comments1.092325 - I1 Centennial Plaza Purchase Agreement SR.pdf2.092325 - I1a Centennial Plaza Attachment 1.pdf3.092325 - I1b Centennial Plaza Attachment 2.pdfFiscal 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]J.COUNCIL ANNOUNCEMENTS AND COMMITTEE REPORTS Public Comments: (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 Bourbeau1. City Selection Committee2. County Mayor’s Round Table3. Integrated Waste Management Authority (IWMA)4. Central Coast Community Energy (3CE)Mayor Pro Tem Dariz1. Air Pollution Control District2. California Joint Powers Insurance Authority (CJPIA) Board3. Community Action Partnership of San Luis Obispo (CAPSLO)4. Visit SLO CAL Advisory CommitteeCouncil Member Funk1. Atascadero Basin Ground Water Sustainability Agency (GSA)2. Design Review Committee3. Homeless Services Oversight Council4. REACH SLO Advisory CommissionCouncil Member Newsom1. City of Atascadero Finance Committee2. City / Schools Committee3. League of California Cities – Council Liaison4. SLO Council of Governments (SLOCOG)5. SLO Regional Transit Authority (RTA)Council Member Peek1. City of Atascadero Finance Committee2. City/Schools Committee3. Design Review Committee4. SLO County Water Resources Advisory Committee (WRAC)K.INDIVIDUAL DETERMINATION AND / OR ACTION: Public Comments: (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 Council2. City Clerk3. City Treasurer4. City Attorney5. City ManagerL.ADJOURNMENT Public Comments: No Item Selected Attachments (0) | Public Comments (0)This item has no attachments.1.092325 - E1 CC 2025_09_09_ SP_Draft_Minutes.pdf1.092325 - E2 CC 2025_09_09_ Draft_Minutes.pdf1.092325 - E3 Aug AP and Payroll SR.pdf2.092325 - E3a Aug AP and Payroll Report.pdf1.092325 - E4 Treasurer's Report 06-25.pdf1.092325 - H1 AFA Bonds Staff Report.pdf2.092325 - H1a AFA Bonds Ex 1 City Resolution.pdf3.092325 - H1b AFA Bonds Ex 2 Authority Resolution.pdf4.092325 - H1c AFA Bonds Ex 3 Indenture.pdf5.092325 - H1d AFA Bonds Ex 4 Ground Lease.pdf6.092325 - H1e1 AFA Bonds Ex 5a Lease Agreement.pdf7.092325 - H1e2 AFA Bonds Ex 5b Memorandum of Lease.pdf8.092325 - H1f AFA Bonds Ex 6 Assignment Agreement.pdf9.092325 - H1g AFA Bonds Ex 7 Bond Purch Agreement.pdf10.092325 - H1h AFA Bonds Ex 8 Preliminary Official Statement v10.pdf11.092325 - H1i AFA Bonds Ex 9 Policy for Disclosure Procedures.pdf1.092325 - I1 Centennial Plaza Purchase Agreement SR.pdf2.092325 - I1a Centennial Plaza Attachment 1.pdf3.092325 - I1b Centennial Plaza Attachment 2.pdf1.092325 - H2 Centennial Public Subsidy Staff Report.pdf2.092325 - H2a DEV24-0099 Notice and Rept_Centennial PSA.pdfThis item has no public comment