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HomeMy WebLinkAboutMinutes - July 7, 1980 - RACIVIC AUDITORIUM AZUSA, CALIFORNIA MONDAY, JULY 73 1980 7 35 p m The Redevelopment Agency of the City of Azusa met in regular session at the above time and place Chairman Solem called the meeting to order Call to Order Present at Roll Call Directors Decker, Fry, Cruz, Roll Call Moses, Solem Also Present City Attorney Newton, Executive Director Dangleis, City Department Heads, Acting Secretary Lara There being no additions or corrections, the Minutes of Ap vl Min the June 16, 1980, regular meeting stand approved as 6716/80 mtg written Presentation for the redevelopment of Foothill Blvd and Presentation Azusa Avenue and Azusa Avenue and the Freeway area was by Jack presented by Jack Fleming Corporation Fleming Corp Moved by Director Decker, seconded by Director Moses and unanimously carried to continue decision on negotiation agreement until meeting of July 21, 1980, to allow other developers to submit proposals Moved by Director Decker, seconded by Director Fry Appvl to and unanimously carried by roll call to authorize the proceed w/CUP Planning Commission to proceed with application for a Sr Citizens Conditional Use Permit re Senior Citizen Facility Facility Director Cruz offered a Resolution entitled Res #42 auth issuance of Rev A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Bonds re Foot- AZUSA AUTHORIZING THE ISSUANCE OF REVENUE BONDS, RELATING hill Azusa area TO AVAILABILITY OF FINANCIAL ASSISTANCE UNDER THE AGENCY'S RESIDENTIAL AND COMMERCIAL MORTGAGE FINANCING PROGRAM Moved by Director Cruz, seconded by Director Decker and unanimously carried to waive further reading Moved by Director Cruz, seconded by Director Decker that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Decker, Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS None Director Fry offered a Resolution entitled A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AUTHORIZING THE ISSUANCE OF REVENUE BONDS, RELATING TO AVAILABILITY OF FINANCIAL ASSISTANCE UNDER THE AGENCY'S RESIDENTIAL AND COMMERCIAL MORTGAGE FINANCING PROGRAM Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses tru t Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Decker, Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS None Res #43 auth issuance of Rev Bonds re First and Azusa area de CIVIC AUDITORIUM AZU A, CALIFORNIA MONDAY, JUA, 1980 Director Moses offered a Resolution entitled A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA, CALIFORNIA, AUTHORIZING THE ISSUANCE OF $1503000,000 PRINCIPAL AMOUNT OF RESIDENTIAL MORTGAGE REVENUE BONDS FOR THE PURPOSE OF ACQUIRING MORTGAGES ORIGINATED WITHIN THE JURISDICTION OF THE AGENCY Moved by Director Moses, seconded by Director Decker and unanimously carried to waive further reading Moved by Director Moses, seconded by Director Decker that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Decker, Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS None Page 2 Res #44 auth amount of Rev Bonds Moved by Director Moses, seconded by Director Cruz and Extension of unanimou3ly carried by roll call to authorize extension Commitment of commitment contract from September 1981 to September Contract-Lesny 1982 to Lesny Development Cc , further that typographical errors as listed in contract be amended Moved by Director Decker, seconded by Director Moses and unanimously carried to adjourn Time of Adjournment 8 14 p m Next Resolution #45 Adjourn