HomeMy WebLinkAboutMinutes - December 16, 1985 - RACITY OF AZUSA
MINUTES OF THE REDEVELOPMENT AGENCY
REGULAR MEETING
DECEMBER 16, 1985 - 8:05 P.M.
The Redevelopment Agency of the City of Azusa met in regular
session at the above date and time in the Civic Auditorium.
Chairman Moses called the meeting to order.
ROLL CALL
PRESENT: DIRECTORS: CRUZ, COOK, CAMARENA, LATTA, MOSES
ABSENT : DIRECTORS: NONE
ALSO PRESENT
General Counsel Thorson, Director of Finance Craig, City
Department Heads, Redevelopment Manager Harding, Consultant
Hill, Secretary Solis, Deputy Secretary Lara.
AT 8:06 P.M. THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY
CONVENED JOINTLY.
Call to order
Roll Call
Also Present
Cncl & CRA
convened jtly
Agenda Items G-1 and G-2 relating to secondary loan agreement- Items G-1&2
single family residential mortgage revenue bonds, were continued to
continued to the meeting of January 6, 1986, to afford the 1/1/86
City Attorney/General Counsel sufficient time to review
the Loan Agreement.
Councilman Cruz offered a resolution entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. #7838
APPROVING THE ISSUANCE BY THE REDEVELOPMENT AGENCY OF THE appvng issuanc
CITY OF AZUSA WEST END REDEVELOPMENT PROJECT AND CENTRAL tax allocation
BUSINESS DISTRICT REDEVELOPMENT PROJECT 1985 TAX ALLOCATION notes
REFUNDING NOTES.
Moved by Councilman Cruz, seconded by Councilman Cook to
waive further reading and adopt. Resolution passed and
adopted by the following vote of the Council:
AYES: COUNCILMEMBERS: CRUZ, COOK, CAMARENA, LATTA, MOSES
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
Director Cook offered a resolution entitled:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
AZUSA AUTHORIZING THE ISSUANCE OF $1,100,000 PRINCIPAL AMOUNT
OF REDEVELOPMENT AGENCY OF THE CITY OF AZUSA WEST END
REDEVELOPMENT PROJECT TAX ALLOCATION NOTES, ISSUE OF 1985,
AND REDEVELOPMENT AGENCY OF THE CITY OF AZUSA CENTRAL BUSINESS
DISTRICT REDEVELOPMENT PROJECT TAX ALLOCATION NOTES, ISSUE
OF 1985 TO BE ISSUED PURSUANT TO A TRUST INDENTURE DATED
AS OF THE DATE OF THE NOTES, AUTHORIZING THE SALE OF SUCH
NOTES AND AUTHORIZING THE EXECUTION OF AND APPROVING
IMPLEMENTING DOCUMENTS AND ACTIONS.
Moved by Director Cook, seconded by Director Cruz to waive
further reading and adopt. Resolution passed and adopted
by the following vote of the Agency:
AYES: DIRECTORS: CRUZ, COOK, CAMARENA, LATTA, MOSES
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: NONE
Res. #232
auth. tax
allocation
notes
• .r
AT 8:12 P.M. THE REDEVELOPMENT AGENCY CONTINUED AND THE Cncl recessed
CITY COUNCIL RECESSED.
There being no additions or corrections, the Minutes of Min appvd
the regular meeting of December 2, 1985 and the adjourned
regular meeting of December 9, 1985, stand approved as
written.
Moved by Director Cook, seconded by Chairman Moses and Exclusive rt
unanimously carried by roll call to authorize preparation to negotiate
of an Exclusive Right to Negotiate with the Agency and GVD GVD Comm.
Commercial Properties for proposed neighborhood shopping Properties
center.
Director Cook offered a resolution entitled:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. #233
AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT Warrants
OF REDEVELOPMENT AGENCY FUNDS.
Moved by Director Cook, seconded by Director Cruz to waive
further reading and adopt. Resolution passed and adopted
by the following vote of the Agency:
AYES: DIRECTORS: CRUZ, COOK, CAMARENA, LATTA, MOSES
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: NONE
THE REDEVELOPMENT AGENCY RECESSED TO THE END OF THE CITY Recess to end
COUNCIL MEETING, AT 8:14 P.M. of Cncl mtg
AT THIS TIME, 8:55 P.M. THE REDEVELOPMENT AGENCY AND THE Convene jointl;
CITY COUNCIL CONVENED JOINTLY. Cncl & CRA
Councilman/Director Cook offered a resolution entitled:
A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. #234
AND THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF Closed Sess.
THE CITY OF AZUSA TO RECESS TO CLOSED SESSION ON DECEMBER
16, 1985, PURSUANT TO THE PROVISIONS OF GOVERNMENT CODE
SECTION 54957 AND MAKING FINDINGS PURSUANT TO GOVERNMENT
CODE SECTION 54956.9(a) AND (b).
Moved by Councilman/Director Cook, seconded by Councilman/
Director Camarena to waive further reading and adopt.
Resolution passed and adopted by the following vote of the
Council/Agency:
AYES: COUNCILMEMBERS/DIRECTORS: CRUZ, COOK, CAMARENA,
NOES: COUNCILMEMBERS/DIRECTORS: NONE
ABSENT: COUNCILMEMBERS/DIRECTORS: NONE
THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY RECESSED TO
CLOSED SESSION AT 8:56 P.M.
THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY RECONVENED Reconvened
AT 9:18 P.M.
The City Attorney apprised the audience that the Redevelopment CRA item
Agency matter to be discussed in the CLOSED SESSION was withdrawn frm
withdrawn. Closed Sess.
Moved by Councilman/Director Cruz, seconded by Councilman/ Adjourn
Director Cook and unanimously carried to adjourn.
TIME OF ADJOURNMENT: 9:19 P.M.
SECRETARY
NEXT RESOLUTION NO. 235
12/16/85 PAGE TWO