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HomeMy WebLinkAboutMinutes - June 17, 1991 - RA0 0 CITY OF AZUSA MINUTES OF THE REDEVELOPMENT AGENCY REGULAR MEETING JUNE 17f 1991 - 8:37 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: DANGLEIS, STEMRICH, ALEXANDER, ABSENT DIRECTORS: NONE ALSO PRESENT NARANJO, MOSES General Counsel Thorson, Executive Director Caswell, Redevelopment Director Steel, City Department Heads, Deputy Secretary Lara. Call to order Roll Call Also Present PUBLIC PARTICIPATION Pub Prtc NONE None The CONSENT CALENDAR consisting of Items H -2a through H -2e, Cons Cal was approved by motion of Director Dangleis, seconded by appvd Director Naranjo, and unanimously carried by roll call vote. a. The Minutes of the regular meeting of June 3, 1991, Min appvd were approved as written. b. Pomona Valley Equipment Rentals, Inc., has Notice of satisfactorily completed the demolition of three small Completion residential structures at 610, 612 and 612-1/2 N. San Pomona Vly Gabriel. The project was accepted as complete; Equip authorization given to execute the Notice of Completion and to have same recorded by the Secretary. c. Plans and specifications were approved for vapor Plans & specs extraction system on the former Exxon site at 201 N. vapor extrac- Foothill Blvd., and the Secretary directed to advertise tion for bids. d. The Agency Treasurer's Financial Statement showing a Agency Treas balance of $5,278,538.75, as of May 31, 1991, was Fin Stment received and filed. e. A resolution authorizing payment of warrants by the Agency was adopted and entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. #91-R30 AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT Warrants OF REDEVELOPMENT AGENCY FUNDS. 0 0 SCHEDULED ITEMS On June 28, 1990, Casden Properties acquired the 5.4 acre site at the northwest corner of Foothill and San Gabriel from the Agency. They acquired the site prior to the Agency receiving tank closure on the former Exxon site. Casden contends that the presence of soils contamination has impaired their abiity to obtain construction financing. With direction from the Board to repurchase the site, staff commenced negotiations with Casden and has reached a compromise of $2,325,000 plus interest from date of conveyance. The total, assuming a June 30, 1991 closing, will be $2,567,126. Discussion was held regarding this item and Redevelopment Director Steel responded to questions posed by the Board. Costs for contamination removal and recovery of these funds from Exxon was discussed. Possible litigation by Casden was touched upon, in the event we do repurchase the property; however, as advised by General Counsel, discussion on this issue was not pursued. It was consensus of the Board that this matter be discussed in Closed Session relative to possible litigation. SPECIAL CALL ITEMS NONE Sched. Items Repurchase Casden Propty Discussion Rfrd to Closed Seas Spec Call None It was then moved by Director Dangleis, seconded by Director Recess to end Alexander and unanimously carried by roll call to recess to of Cncl mtg the end of the City Council meeting. TIME OF RECESS: 8:51 P.M. THE REDEVELOPMENT AGENCY CONVENED JOINTLY WITH THE CITY Convene w/ COUNCIL AT 12:05 A.M. Council Director/Councilman Alexander offered a resolution entitled: A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. #91-R27 AND THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF Closed Sess THE CITY OF AZUSA TO RECESS TO CLOSED SESSION ON JUNE 17, 1991. Moved by Director/Councilman Alexander, seconded by Chairman/Mayor Moses to waive further reading and adopt. Resolution passed and adopted by the following vote of the Agency/Council: AYES: DIRECTORS/COUNCILMEMBERS: DANGLEIS, STEMRICH, NARANJO, ALEXANDER, MOSES NOES: DIRECTORS/COUNCILMEMBERS: NONE ABSENT: DIRECTORS/COUNCILMEMBERS: NONE TIME OF RECESS TO CLOSED SESSION: 12:06 A.M. THE REDEVELOPMENT AGENCY AND THE CITY COUNCIL AT 12:58 A.M. Reconvened Moved by Director Dangleis, seconded by Director Naranjo and Casden to unanimously carried by roll call to not continue comply w/DDA proceedings for the repurchase of the Casden property but not repurch that they (Casden) be made to comply with the provisions propty of the Disposition and Development Agreement. 06/17/91 PAGE TWO 0 0 Moved by Director/Councilman Alexander, seconded by Adj to 6/24 Director/Councilman Dangleis and unanimously carried to Sr Center adjourn the meeting to Monday, June 24th, 6:30 P.M. in the senior Citizen Center. TIME OF ADJOURNMENT: 1:00 A.M. NEXT RESOLUTION NO. 91-R32 06/17/91 PAGE THREE