HomeMy WebLinkAboutMinutes - September 19, 1988 - RA0 6
CITY OF AZUSA
MINUTES OF THE REDEVELOPMENT AGENCY
REGULAR MEETING
19, 1988 - 7:36 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 Pro -tem Naranjo called the meeting to order.
ROLL CALL
PRESENT: DIRECTORS: AVILA, STEMRICH, NARANJO, LATTA,
ABSENT : DIRECTORS: MOSES
Call to order
Roll Call
Moses absent
Moved by Director Avila, seconded by Director Stemrich and Moses excused
unanimously carried by roll call* to excuse Chairman Moses
from the meeting.
ALSO PRESENT
General Counsel Thorson, Executive Director Fuentes, City
Department Heads, Project Analyst Katchen-Gall, Secretary
Solis, Deputy Secretary Lara.
THE CITY COUNCIL CONVENED JOINTLY WITH THE
AGENCY AT 7:37 P.M.
JOINT PUBLIC HEARING - on the proposed sale of certain real
property in the Central Business District Redevelopment
survey Area to West Venture Development Company, for the
rehabilitation and construction of approximately 76,000
square feet of commercial/retail space, located on the
southeast corner of Alosta and Citrus; proposed Owner
Participation Agreement and certification of the Negative
Declaration.
Also Present
Cncl & CRA
convnd jntly
Joint Pub
Hrg - West
Venture Dev.
Mayor Pro-tem/Chairman Pro -tem declared the Hearing open. Hrg opened
The City Clerk/Secretary read the affidavit of proof of
publication of notice of said Hearing published in the Azusa
Herald on September 7th and 14th, 1988.
Moved by Councilwoman/Director Avila, seconded by Cont to end
Councilman/Director Stemrich and unanimously carried by roll of mtg
call to table this item until after Closed Session.
THE CITY COUNCIL RECESSED AND THE REDEVELOPMENT AGENCY Cncl recessed
CONTINUED AT 7:38 P.M. CRA cont.
There being no additions or corrections, the Minutes of the Min appvd
regular meeting of September 6, 1988, stand approved as
written.
The Agency has been working with the County of Los Angeles Float Loan
to obtain float loan assistance for the Price Club project. Assistance
The Agency will borrow $6.7 million to purchase the Ca1Mat L.A. Cnty
property at a preferred interest rate. The interest savings
to the Agency could equal $710,659 over the life of the
loan. The Loan Agreement and the Investment Agreement were
approved in substantially the form attached by the following
resolutions offered by Director Stemrich:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. #506
AZUSA (AGENCY) APPROVING THAT CERTAIN LOAN AGREEMENT BETWEEN appvng Loan
THE AGENCY AND THE COMMUNITY DEVELOPMENT COMMISSION OF THE Agmt
COUNTY OF IAS ANGELES (CDC).
AND
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. #507
AZUSA APPROVING THAT CERTAIN INVESTMENT AGREEMENT BETWEEN appvng In -
THE AGENCY AND THE COMMUNITY DEVELOPMENT COMMISSION OF THE vestment
COUNTY OF LAS ANGELES (CDC). Agmt
Moved by Director Stemrich, seconded by Director Latta to
waive further reading and adopt. Resolutions passed and
adopted by the following vote of the Agency:
AYES: DIRECTORS: AVILA, STEMRICH, NARANJO, LATTA
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: MOSES
Moved by Director Avila, seconded by Director Latta and Agency Treas.
unanimously carried by roll call* to receive and file Agency Fin. Stment
Treasurer's Financial Statement showing a balance of
$3,418,132.87 as of August 31, 1988.
Director Avila offered three separate resolutions
authorizing payment of warrants by the Agency entitled:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT OF
REDEVELOPMENT AGENCY FUNDS.
Moved by Director Avila, seconded by Director Stemrich to
waive further reading and adopt. Resolutions passed and
adopted by the following vote of the Agency:
AYES:
DIRECTORS:
AVILA,
NOES:
DIRECTORS:
NONE
ABSENT:
DIRECTORS:
MOSES
PUBLIC PARTICIPATION
NONE
STENRICH, NARANJO, LATTA
It was consensus of the Agency to recess until the end of
the City Council meeting.
THE REDEVELOPMENT AGENCY CONVENED JOINTLY WITH THE CITY
COUNCIL AT 8:43 P.M.
Councilman/Director Stemrich offered a resolution entitled:
Res. #s 508,
509 and 510
Warrants
Pub Prtc
None
Recess to
end of Cncl
mtg
CRA convnd
w/Cncl
A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. #511
AND THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF Closed Sess
THE CITY OF AZUSA TO RECESS TO CLOSED SESSION ON SEPTEMBER
19, 1988, PURSUANT TO THE PROVISIONS OF GOVERNMENT CODE
SECTION 54957 AND 54956.8.
Moved
by Councilman/Director Stemrich,
seconded by
Councilwoman/Director Avila to waive
further
reading and
adopt.
Resolution passed and adopted
by the following vote
of the
Council/Agency:
AYES:
COUNCILMEMBERS/DIRECTORS:
AVILA,
STEMRICH,
NARANJO,
LATTA
NOES:
COUNCILMEMBERS/DIRECTORS:
NONE
ABSENT:
COUNCILMEMBERS/DIRECTORS:
MOSES
09/19/88 PAGE TWO
TIME OF RECESS TO CLOSED SESSION: 8:44 P.M.
THE CITY COUNCIL AND THE
9:24 P.M.
AGENCY RECONVENED AT
JOINT PUBLIC HEARING - on proposed purchase of certain real
property - West Venture Development Company. (This item was
continued from earlier in the meeting.)
Mayor Pro-tem/Chairman Pro -tem declared the Hearing
reopened.
City Administrator/Executive Director Fuentes advised that
staff has been working with the developer who has optioned
the property at the Ranch Center and wishes to immediately
commence redevelopment of the site. Plans are to demolish
all existing improvements except the Security Pacific Bank,
Goodyear and the USA Gas facilities, and to construct
approximately 65,000 square feet of new retail space,
including a dinner house quality restaurant. They also plan
to rehabilitate the existing Security Pacific Bank and
Goodyear facilities for an interim period until the uses are
relocated or the leases expire and the businesses vacate the
site. The OPA requires the Developer to immediately
construct 65,000 square feet of retail space with relocation
of Security Pacific Bank, Goodyear and USA Gas occurring at
a later date. The Agreement prohibits the Developer from
renewing the subject leases upon expiration, since these
uses in their current locations are incompatible with the
City's land use plans for this area.
Recess to
Closed Sess
Cncl & CRA
reconvened
Joint Pub Hrg
West Venture
Dev.
Hrg reopened
Testimony
Staff
A slide presentation was then viewed of other developments Slide pre -
of West Venture Development Company, which were narrated by sentation
Sandy Sigal of West Venture.
Mr. Art Morales addressed this item stating that in viewing
the slides he did not see too many trees, and wondered if
Palm trees could be placed at the site. If the trees are
too expensive, perhaps existing trees in town could be
transplanted at the site.
Mary Grosvenor asked if she understood that buildings were
going to be demolished and was advised that was true. She
then questioned the need to relocate the Bank and spend one
half million dollars to do so. She stated that the bank may
not want to move and may even close. She further commented
that nothing has been done with downtown and monies are
going to the West End and other areas. City
Administrator/Executive Director advised that Casden would
be breaking ground in the downtown area within a few months
and that the downtown rehabilitation was to commence as of
October let. She also questioned the Lewis Homes
Development and was updated on that.
Mr. Hank Bode advised that the Azusa Pacific University is
very pleased and looks forward to this development.
Councilman/Director Stemrich asked the Developer; Mr. Sigal
if he would consider renaming the project Azusa Ranch Center
rather than the Azusa Promenade. Mr. Sigal advised that he
preferred to stay with the marketing name of Azusa Promenade
since it was a new name and the center would have a new
look. However, he had no objections to consider alternate
names. They just wanted to break away from the existing
name for the existing center with a new name which meant new
life and a new look.
09/19/88 PAGE THREE
Comments
A. Morales
Comments
M. Grosvenor
Comments
H. Bode
Comments
Stemrich
0
0
It was then moved by Councilwoman/Director Avila, seconded Retain name
by Councilman/Director Stemrich and carried by roll call* to for Proj.
keep the name of the development as the Azusa Ranch Center. Az Ranch Cntr
Councilman/Director Latta dissenting.
After further discussion regarding naming the proposed List of
project, it was consensus of Council/Agency that the alternate
developer submit alternate names that would be better suited names to be
to the Ranch Center for reconsideration at the next meeting. considered
Moved by Councilman/Director Latta, seconded by Hrg closed
Councilwoman/Director Avila and unanimously carried by roll
call* to close the Hearing.
Director Avila offered a resolution entitled:
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT
AGENCY OF THE CITY OF AZUSA CERTIFYING THE NEGATIVE
DECLARATION FOR THE OWNER PARTICIPATION AGREEMENT BETWEEN
THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AND WEST
VENTURE DEVELOPMENT COMPANY, A CALFORNIA JOINT VENTURE,
DATED AS OF SEPTEMBER 19, 1988.
Moved by Director Avila, seconded by Chairman Pro -tem
Naranjo to waive further reading and adopt. Resolution
passed and adopted by the following vote of the Agency:
AYES: DIRECTORS: AVILA, STEMRICH, NARANJO, LATTA
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: MOSES
Councilwoman Avila offered a resolution entitled:
Res. #503
certifying
Neg Dec for
OPA w/West
Venture
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. #8515
APPROVING THAT CERTAIN AGREEMENT ENTITLED "OWNER appvng OPA
PARTICIPATION AGREEMENT BY AND BETWEEN THE REDEVELOPMENT
AGENCY OF THE CITY OF AZUSA AND WEST VENTURE DEVELOPMENT
COMPANY, A CALIFORNIA JOINT VENTURE."
Moved
by Councilwoman Avila, seconded by Mayor Pro -tem
Naranjo
to waive further
reading
and adopt. Resolution
passed
and adopted by the
following
vote of the Council:
AYES:
COUNCILMEMBERS:
AVILA,
STEMRICH, NARANJO, LATTA
NOES:
COUNCILMEMBERS:
NONE
ABSENT:
COUNCILMEMBERS:
MOSES
Director Stemrich offered a resolution entitled:
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT Res #504
AGENCY OF THE CITY OF AZUSA APPROVING THAT CERTAIN AGREEMENT appvng OPA
ENTITLED "OWNER PARTICIPATION AGREEMENT BY AND BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AND WEST VENTURE
DEVELOPMENT COMPANY, A CALIFORNIA JOINT VENTURE."
Moved by Director Stemrich, seconded by Director Avila to
waive further reading and adopt. Resolution passed and
adopted by the following vote of the Agency:
AYES: DIRECTORS: AVILA, STEMRICH, NARANJO, LATTA
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: MOSES
Director Avila offered a resolution entitled:
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT Res. #505
AGENCY OF THE CITY OF AZUSA APPROVING THE BASIC CONCEPT appvng basic
DRAWINGS FOR THE WEST VENTURE DEVELOPMENT COMPANY PROJECT. concept
Moved by Director Avila, seconded by Director Stemrich to drawings
waive further reading and adopt. Resolution passed and
adopted by the following vote of the Agency:
09/19/88 PAGE FOUR
0 •
AYES: DIRECTORS: AVILA, STEMRICH, NARANJO, LATTA
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: MOSES
Moved by Director Stemrich, seconded by Chairman Pro -tem Appvng bdgt
Naranjo and unanimously carried by roll call* to approve transfer
Budget Transfer No. 00135, and direct execution of same.
Moved by Councilman/Director Latta, seconded by Adjourn
Councilman/Director Stemrich and unanimously carried* to
adjourn.
TIME OF
SECRETARY
NEXT RESOLUTION NO. 512
10:05 P.M.
* Indicates Chairman Moses absent
09/19/88 PAGE FIVE