HomeMy WebLinkAboutMinutes - October 2, 1989 - RA0 0
CITY OF AZUSA
MINUTES OF THE REDEVELOPMENT AGENCY
REGULAR MEETING
OCTOBER 28 1989 - 8:29 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: AVILA, STEMRICH, LATTA, MOSES
ABSENT : DIRECTORS: NARANJO
ALSO PRESENT
General Counsel Thorson, Executive Director Fuentes,
Redevelopment Director Steel, City Department Heads,
Secretary Solis, Deputy Secretary Lara.
Call to order
Roll Call
Naranjo absnt
Also Present
Moved by Chairman Moses, seconded by Director Stemrich and Naranjo excsd
unanimously carried by roll call* to excuse Director Naranjo
from the meeting.
PUBLIC PARTICIPATION Pub Prtc
Mr. Art West addressed the Agency requesting information on Comments
funding of the Crestmore Apartments rehabilitation. A. West
The Minutes of the regular meeting of September 18, 1989, Min appvd.
were were approved as written.
On September 5th, the Board selected Morgan Keegan and Defeasance
Company to perform a defeasance study of the 1979 Mortgage Stdy 1979
Revenue Bond Issue. An underwiting agreement was prepared. Mrtg Rev Bnds
Director Stemrich offered a resolution entitled:
A RESOLUTION OF THE REDEVELOPMENT AGENCY BOARD OF DIRECTORS Res. #627
APPROVING AN UNDERWRITING AGREEMENT BETWEEN THE AGENCY AND Appvng Agmt
MORGAN KEEGAN & COMPANY, INC. TO PURSUE DEFEASANCE OF THE w/M. Keegan
1979 MORTGAGE REVENUE BOND ISSUE
Moved by Director Stemrich, seconded by Director Latta to
waive further reading and adopt. Resolution passed and
adopted by the following vote of the Agency:
AYES: DIRECTORS: AVILA, STEMRICH, LATTA, MOSES
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: NARANJO
On August 21st, the Board approved an indemnity agreement Indemnity
with DeRosa Centennial Associates to expedite the Agmt Coast -
preparation of building plans for the Centennial Square Fed
project. Staff has proposed a similar agreement with
CoastFed Properties to expedite their working drawings.
Director Latta then offered a resolution entitled:
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT Res. #628
AGENCY OF THE CITY OF AZUSA, APPROVING AN AGREEMENT BETWEEN Appvng Agmt
THE AGENCY AND COASTFED PROPERTIES FOR ARCHITECTURAL AND CoastFed
ENGINEERING EXPENSES RELATED TO THE COASTFED PROJECT
Moved by Director Latta, seconded by Director Stemrich to
waive further reading and adopt. Resolution passed and
adopted by the following vote of the Agency:
AYES: DIRECTORS: AVILA, STEMRICH, LATTA, MOSES
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: NARANJO
The Agency has negotiated a comprehensive settlement La Terraza
agreement with the owner of the La Terraza Bar (407 W. stlmnt rfrd
Foothill Blvd.). It was consensus of the Board that this Closed Sess
matter be discussed in Closed Session.
Director Avila offered two resolutions authorizing payment
of warrants by the Agency entitled:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. #s 629
AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT OF and 630
REDEVELOPMENT AGENCY FUNDS. Warrants
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, STEMRICH, LATTA, MOSES
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: NARANJO
It was consensus of the Agency to recess to end of the City Recess to end
Council meeting. of Cncl mtg
TIME OF RECESS: 8:35 P.M.
THE REDEVELOPMENT AGENCY CONVENED JOINTLY WITH THE CITY Convene jntly
COUNCIL AT 9:19 P.M. w/Cncl
Director/Councilman Stemrich offered a resolution entitled:
A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. #631
AND THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF Closed Sess
THE CITY OF AZUSA TO RECESS TO CLOSED SESSION ON OCTOBER 2,
1989, PURSUANT TO THE PROVISIONS OF GOVERNMENT CODE
SECTION 54957 AND MAKING FINDINGS PURSUANT TO GOVERNMENT
CODE SECTIONS 54956.9 (C) AND 54956.8
Moved by Director/Councilman Stemrich, seconded by
Director/Councilman Latta to waive further reading and
adopt. Resolution passed and adopted by the following vote
of the Agency/Council:
AYES: DIRECTORS/COUNCILMEMBERS: AVILA, STEMRICH,
LATTA, MOSES
NOES: DIRECTORS/COUNCILMEMBERS: NONE
ABSENT: DIRECTORS/COUNCILMEMBERS: NARANJO
TIME OF RECESS TO CLOSED SESSION: 9:20 P.M. Recess
Closed Sess
10/02/89 PAGE TWO
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THE REDEVELOPMENT AGENCY AND THE CITY COUNCIL RECONVENED Reconvened
AT 10:28 P.M.
Moved by Director Latta, seconded by Director Stemrich and Neg stlmnt
unanimously carried by roll call* that with respect to La Terraza
property negotiations with the owners of La Terraza Bar,
that the settlement be approved as set forth in the
confidential real estate appraisal report, as discussed in
Closed Session, and that staff be directed to negotiate the
accomplishment of that settlement with the property owners.
City Attorney apprised the Council that under State Law,
in
Discussion
General Law cities, such as Azusa, the Mayor must make
re: appt
appointments to Boards and Commissions with the consent
of
procedures
the Council. If the Mayor does not choose to make
the
Bds & Comms
appointment, then the position is vacant until such time
as
he does make the appointment.
General discussion was held regarding this matter.
Moved by Director/Councilman Latta, seconded
by
Adj to 10/5
Chairman/Mayor Moses and unanimously carried* to adjourn
the
@ Sr Cntr
meeting to Thursday, October S. 1989, at 7:30 P.M. in
the
senior citizen Center to most with the Chamber of Commerce.
TIME OF ADJOURNMENT: 10:38 P.M.
CRETARY
NEXT RESOLUTION NO. 632
Indicates Director Naranjo absent
10/02/89 PAGE THREE