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Council approves housing bond hearing, Measure V appointment and final budget; consent calendar passes
Summary
At its recent meeting, the Paradise Town Council approved a federally tax‑exempt bond hearing for a Clark Road affordable housing project, appointed an oversight committee member for Measure V, and adopted the town’s fiscal 2025–26 budget and several associated resolutions.
The Paradise Town Council took several formal actions during the meeting.
Housing bond public hearing: The council conducted a federally required public hearing related to the Clark Road multifamily project, which uses CDBG‑DR funds plus 4% low‑income housing tax credits and federally tax‑exempt bonds. The hearing covered Resolution 2025‑54 (in the agenda packet as 2025‑53 but corrected during the meeting), a procedural requirement because the federally tax‑exempt bonds will be issued by the borrower. Council member Bolan moved to approve the resolution; the motion was seconded by Council member Cullerton. The motion passed by recorded vote: Bolan — Aye; Cullerton — Aye; Lang — Aye; Lawson — Aye; Mayor Crowder — Aye. Town staff noted the action imposes no town obligation; it allows the borrower, Kingdom Development, to pursue bond financing for the Clark Road project.
Measure V oversight committee appointment: The council concurred with the Measure V Citizen Oversight Committee interview panel and appointed Autumn Field to fill a vacant oversight seat. The panel reported receiving one qualified application and recommended Field. A motion to appoint Field was moved by Council member Lang and seconded by another councilmember; the motion passed by roll call (ayes recorded).
Budget adoption and related resolutions: Finance staff presented the final operating and capital budget for fiscal year 2025–26, describing a plan that includes capital projects and the general fund. Staff told the council the recommended total plan covers operating and capital and referenced approximately $135,000,000 in the broader document (staff characterized this as the combined capital and general‑fund view for the cycle). Council members discussed the use of one‑time “pro funds” and asked for more detailed interim financial reports and position control information in future updates. The council moved and adopted the budget and a package of associated resolutions (numbers 55–60 in the agenda packet) covering the final budget, annual appropriations limit, general fund reserves, capital improvement plan and pay plan adjustments. Motion to adopt the 2025–26 budget was moved by Council member Cullerton and seconded by Council member Lisonbee. The motion passed by recorded vote: Bolan — Aye; Cullerton — Aye; Lang — Aye; Lawson — Aye; Mayor Crowder — Aye.
Consent calendar: The council approved the consent calendar by voice vote after a motion and second. Motion recorded as moved by Bolan and seconded by Lang earlier in the meeting; roll call votes later recorded all council members as Aye.
Other procedural items: The council also approved the finance‑related resolutions needed to finalize the budget and received staff assurances that outside organizations receiving placeholder budget amounts (for example, a proposed $25,000 allocation for Rebuild Paradise Foundation for insurance‑advocacy work) will require council review and contract approval before funds are spent.
The minutes reflect that these measures passed on recorded votes; no item failed or was tabled during the meeting.
