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Minutes - October 27, 1980 - RA
0 0 CITY HALL CONFERENCE ROOM AZUSA, CALIFORNIA MONDAY, OCTOBER 27,1980 4 30 p n The Redevelopment Agency of the City of Azusa met in special session at the above time and place Chairman Solem called the meeting to order Call to Order Present at Roll Call Directors Fry, Cruz, Moses, Roll Call Solem Absent at Roll Call Directors Decker Also Present Executive Director Dangleis, Secretary Solis and Mr Marshall Linn of Urban Futures Executive Director declared the purpose of the special meeting was to consider proposed resolutions regarding SB 99 mortgage revenue bonds Secretary certified that a copy of the Notice of Special Meeting was delivered to each of the following members of the Redevelopment Agency at the date and time as set forth below DIRECTOR DATE TIME DELIVERED BY Jens J Solem 10/22/80 4 20 PM Stephen Cammack Willard R Decker 10/22/80 1 50 PM Connie Lara Robert G Fry 10/22/80 1 55 PM Connie Lara Lucio D Cruz 10/22/80 4 30 PM Stephen Cammack Eugene F Moses 10/23/80 3 05 PM Stephen Cammack City Clerk further certified that the following newspapers were notified of the Special Meeting Azusa Herald, Azusa, California San Gabriel Valley Tribune, West Covina, California 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 (Area bounded by Santa Fe Railroad on the north, San Gabriel Avenue on the west, Azusa Avenue on the east and Foothill Boulevard on the south ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker 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 (Area bounded by Azusa Avenue on the west, First Street on the south, Second Street on the north and Alameda Avenue on the east ) Decker Absent Certification of Delivery of Notice of Special Mtg Certification of Notice to Newspapers Res #54 re Revenue Bonds; Santa Fe RR, San Gab , Azusa, & Foothill Blvd Res #55 re Revenue Bonds Azusa, First, Second & Alameda 0 0 CITY HALL CONF ROOM AZUSA, CALIFORNIA MONDAY, OCTOBER 27, 1980 Moved by Director Fry, se© nded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker 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 (Area bounded by First Street on the north, Azusa Avenue on the west, the freeway on the south and the off -ramp on the east ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker 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 FINANC- ING PROGRAM (Area bounded by San Gabriel Avenue on the west, San Gabriel Avenue on the north, Azusa Avenue on the east and the Freeway on the south ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker 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 (Area bounded by Foothill Boulevard on the north, San Gabriel Avenue on the west, Azusa Avenue on the east and Fifth Street on the south ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Page 2 Res #56 re Revenue Bonds First, Azusa, & the Frwy Res #57 re Revenue Bonds, San Gab ,(on west & north) Azusa & Frwy Res #58 re Revenue Bonds Foothill,San Gab ,Azusa & Fifth St CITY HALL CONF ROOM AZUSA, CALIFORNIA MONDAY, OCROBER 27, 1980 Page 3 Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker Director Fry offered a Resolution entitled A RESOLUTION OF THE REDEVEIAPMENT 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 (Area bounded by Foothill Boulevard on the north, Azusa Avenue on the west, Alameda Avenue on the east and Sixth Street on the south ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker Director Fry offered a Resolution entitl6d 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 (Area bounded by Fifth Street on the north, San Gabriel Avenue on the west, Azusa Avenue on the east and Fourth Street on the south ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency: AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker 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 (Area bounded by San Gabriel Avenue on the west, Ninth Street on the north, Azusa Avenue on the east and Santa Fe Avenue on the south ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker Res #59 re Revenue Bonds Foothill, Azusa,Alameda & Sixth Street Res #60 re Revenue Bonds Fifth, San Gab ,Azusa & Fourth Res #61 re Revenue Bonds San Gab , Ninth St , Azusa & Santa Fe Ave 0 0 CITY HALL CONF ROOM AZUSA, CALIFORNIA MONDAY, OCTOBER 27, 1980 Page 4 Director Fry offered a Resolution entitled Res #62 re Avenue on the south, Ninth Street on the north and Revenue Bonds A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY Ninth St , OF AZUSA AUTHORIZING THE ISSUANCE OF REVENUE BONDS, Santa Fe, RELATING TO AVAILABILITY OF FINANCIAL ASSISTANCE UNDER Azusa & THE AGENCY'S RESIDENTIAL AND COMMERCIAL MORTGAGE Alameda Aves FINANCING PROGRAM (Area bounded by Ninth Street on the north, Santa Fe Avenue on the south, Azusa Avenue on the west and Alameda Avenue on the east ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Res #64 re Moved by Director Fry, seconded by Director Moses that Revenue Bonds Resolution be adopted Resolution passed and adopted Santa Fe Ave by the following vote of the Agency Azusa,Foothil' AYES DIRECTORS Fry, Cruz, Moses, Solem & Alameda Ave NOES DIRECTORS None ABSENT DIRECTORS Decker Director Fry offered a Resolution entitled Res #63 re Avenue on the west, Foothill Boulevard on the south and Revenue Bonds A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY Alameda, Santi OF AZUSA AUTHORIZING THE ISSUANCE OF REVENUE BONDS, Fe Ave , Nint) RELATING TO AVAILABILITY OF FINANCIAL ASSISTANCE St & Soldano UNDER THE AGENCY'S RESIDENTIAL AND COMMERCIAL MORTGAGE FINANCING PROGRAM (Area bounded by Alameda Avenue on the west, Santa Fe Avenue on the south, Ninth Street on the north and Soldano Avenue on the east ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker Director Fry offered a Resolution entitled Res #64 re Revenue Bonds A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY Santa Fe Ave OF AZUSA AUTHORIZING THE ISSUANCE OF REVENUE BONDS, Azusa,Foothil' RELATING TO AVAILABILITY OF FINANCIAL ASSISTANCE UNDER & Alameda Ave THE AGENCY'S RESIDENTIAL AND COMMERCIAL MORTGAGE FINANCING PROGRAM (Area bounded by Santa Fe Avenue on the north, Azusa Avenue on the west, Foothill Boulevard on the south and Alameda Avenue on the east ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker Director Fry offered a Resolution entitled Res #65 re k� 0 0 CITY HALL CONF ROOM AZUSA, CALIFORNIA MONDAY, OCTOBER 27, 1980 Page 5 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY Revenue Bonds OF AZUSA AUTHORIZING THE ISSUANCE OF REVENUE BONDS, Foothill, RELATING TO AVAILABILITY OF FINANCIAL ASSISTANCE UNDER Rockvale & THE AGENCY'S RESIDENTIAL AND COMMERCIAL MORTGAGE Alosta Ave FINANCING PROGRAM (Area bounded by Foothill Boulevard on the north, Rockvale Avenue on the east and Alosta Avenue on the west ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker 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 (Area bounded by Second Street on the north, Azusa Avenue on the east and the extension of San Gabriel Avenue on the west ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker 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 (Area bounded by Ninth Street on the south, Azusa Avenue on the east, San Gabriel Avenue on the west$ and a distance of 150 feet north of the centerline of Ninth Street on the north ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DtHECTORS None ABSENT DIRECTORS Decker Res #66 re Revenue Bonds, Second, Azusa & extension o: San Gab Ave Res #67 re Revenue Bonds Ninth, Azusa, San Gab , 150 ft N of Centerline of Ninth St 0 0 CITY HALL CONF ROOM AZUSA, CALIFORNIA MONDAY, OCTOBER 27, 1980 Page 6 Director Fry offered a Resolution entitled Res #68 re Revenue Bonds, A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY Alameda, Nintl OF AZUSA AUTHORIZING THE ISSUANCE OF REVENUE BONDS, & alley east RELATING TO AVAILABILITY OF FINANCIAL ASSISTANCE UNDER of Alameda & THE AGENCY'S RESIDENTIAL AND COMMERCIAL MORTGAGE Ninth FINANCING PROGRAM (Area bounded by Alameda Avenue on the west, 150 feet north of the centerline of Ninth Street on the north and the alley east of Alameda Avenue on the east and Ninth Street on the south ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem NOES DIRECTORS None ABSENT DIRECTORS Decker Director Fry offered a Resolution entitled Res #69 re Revenue Bonds A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY Newburgh, OF AZUSA AUTHORIZING THE ISSUANCE OF REVENUE BONDS, Donna Beth, RELATING TO AVAILABILITY OF FINANCIAL ASSISTANCE UNDER Azusa Ave THE AGENCY'S RESIDENTIAL AND COMMERCIAL MORTGAGE FINANCING PROGRAM (Area bounded by Newburgh Street on the south, Donna Beth Avenue on the east, Azusa Avenue on the west and a distance of approximately 250 feet from the center- line of Newburgh Street on the north ) Moved by Director Fry, seconded by Director Moses and unanimously carried to waive further reading Moved by Director Fry, seconded by Director Moses that Resolution be adopted Resolution passed and adopted by the following vote of the Agency AYES DIRECTORS Fry, Cruz, Moses, Solem LADES DIRECTORS None ABSENT DIRECTORS Decker Moved by Director Fry, seconded by Director Cruz and Adjourn unanimously carried to adjourn Time of Adjournment 4 44 p m Secretary Next Resolution #70