City of Capitola
Special City Council Meeting Minutes
Thursday, August 11, 2022 – 4:30 PM
City Council Chambers
420 Capitola Avenue, Capitola, CA 95010
Mayor: Sam Storey
Vice Mayor: Margaux Keiser
Council Members: Jacques Bertrand, Yvette Brooks, Kristen Brown Special Meeting of the Capitola City Council – 4:30 PM
1. Roll Call and Pledge of Allegiance
Council Members Jacques Bertrand, Yvette Brooks, Kristen Brown, Margaux Keiser, and Mayor Sam Storey.
2. Additions and Deletions to the Agenda – none
3. Additional Materials – none
4. Oral Communications by Members of the Public – none
5. Staff / City Council Comments – none
6. General Government / Public Hearings
A. Consider a Short-Term Loan Agreement with the County of Santa Cruz for the Purpose of Funding the Purchase of Watsonville Community Hospital
Recommended Action: Authorize the City Manager to execute a short-term (not to exceed 60 days) loan agreement with the County of Santa Cruz in the amount of $5 million to assist in funding the County’s purchase of the Hospital, pending availability of the additional $20 million in funding needed to complete the purchase.
City Manager Goldstein presented a brief staff report outlining the Watsonville Community Hospital funding situation and short-term needs.
Council Member Bertrand asked about the investment in the Hospital, Santa Cruz County Administrative Officer Palacios responded that he is confident that the financial situation will turn around quickly, and that the Hospital is a vital asset to the community.
Mayor Storey confirmed that the State will amend its budget error on August 31 and that the reimbursement funds should be available shortly after. The Mayor also asked that an attorney’s fees clause be included in the loan agreement. can we make our approval conditioned on the other cities approving their loan? Carlos - I don't think that will be an issue - remember this is a community project and we are just a conduit There was no public comment.
Motion: Authorize the City Manager to execute a short-term loan agreement with the County in the amount of $5 million dollars with 1) the addition of an attorney’s fees clause and 2) IF DocuSign Envelope ID: 383ED406-6B8D-4C0C-AB78-10A47182976B Special City Council Meeting Minutes – August 11, 2022
City of Capitola Page 2
the City of Santa Cruz and the City of Watsonville also approve their short-term loan agreements with the County.
Result: Passed, 5:0 (Unanimous)
Mover: Council Member Bertrand
Seconder: Council Member Brooks
Yea: Mayor Storey, Vice Mayor Keiser, Council Member Bertrand, Council Member Brooks, Council Member Brown, Mayor Storey
7. Adjournment
The special meeting was adjourned at 5pm to the next regular scheduled meeting on August 25, 2022. ____________________________
ATTEST: Sam Storey, Mayor
____________________________
Chloé Woodmansee, City Clerk
APPROVED AUGUST 25, 2022
DocuSign Envelope ID: 383ED406-6B8D-4C0C-AB78-10A47182976B