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HomeMy WebLinkAboutMinutes - September 18, 1991 - RA0 CITY OF AZUSA 0 MINUTES OF THE REDEVELOPMENT AGENCY REGULAR MEETING SEPTEMBER 18, 1991 - 10:00 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, NARANJO, ALEXANDER, MOSES ABSENT DIRECTORS: NONE ALSO PRESENT General Counsel Thorson, Executive Director Garcia, Redevelopment Director Steel, City Department Heads, Secretary Solis, Administrative Clerk Sifuentes. PUBLIC PARTICIPATION NONE The CONSENT CALENDAR consisting of Items I -2a through I -2e, was approved by motion of Director Dangleis, seconded by Director Stemrich, and unanimously carried by roll call vote. a. The Minutes of the regular meeting of September 3, 1991, were approved as written. b. On March 4, 1991, the Board approved a six month listing agreement with Grubb and Ellis to market the Site at 118 N. Azusa Avenue. The Exclusive listing expired on September 4, 1991. Several independents made inquiries on the Site, however, no serious interest has been secured to date. The Board approved that the listing be extended until December 4, 1991, so that additional marketing efforts could be pursued. The following resolution was adopted: Call to order Roll Call Also Present Pub Prtc None Cons Cal appvd Min appvd Listing Agreement w/Grubb & Ellis A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. #R58 AZUSA EXTENDING AN EXCLUSIVE LISTING AGREEMENT WITH Listing GRUBB & ELLIS FOR THE MARKETING OF PROPERTY AT 118 N. Agent AZUSA AVENUE. c. As part of the Ranch Center Project, the Agency Purchase "borrowed" $638,250 from the developer. These borrowed of Note funds represented the land write-down of the project. Ranch The Agency is obligated to repay the note with a portion Center of the project's sales tax. The Developer has offered Project to sell the note to the Agency for $309,754.00, allowing the General Fund to receive an additional $43,000+ per year. The purchase of the Note for $309,754 was approved and staff was directed to draft the necessary documentation. 0 6 d. Staff has negotiated with the employees of the Agency, per the Meet and Confer process. The following resolution was adopted: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE Res. #91-R59 REDEVELOPMENT AGENCY OF THE CITY OF AZUSA REGARDING THE Salaries & SALARIES AND BENEFITS OF ITS NON -REPRESENTED AND benefits MANAGEMENT EMPLOYEES, ELECTED AND APPOINTED OFFICIALS EFFECTIVE JULY 1, 1991. e. Resolution authorizing payment of warrants by the Agency was adopted and entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. #91-R60 AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT Warrants OF REDEVELOPMENT AGENCY FUNDS. SCHEDULED ITEMS Schad. Items Item regarding Casden Site options was discussed prior to Options this Agency item. Casden site SPECIAL CALL ITEMS Spec Call NONE None It was consensus of the Agency to recess to the end of the Recess to end City Council meeting. of Cncl mtg TIME OF RECESS: 10:02 P.M. THE REDEVELOPMENT AGENCY CONVENED JOINTLY WITH THE CITY CRA convnd COUNCIL AT 11:03 P.M. w/Cncl Mayor/Chairman Moses offered a Resolution entitled: A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. 91-R61 AND THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF Closed Sess THE CITY OF AZUSA TO RECESS TO CLOSED SESSION ON SEPTEMBER 18, 1991. Moved by Councilman/Director Naranjo, seconded by Mayor/Chairman Moses to waive further reading and adopt. Resolution passed and adopted by the following vote of the Council/Agency: AYES: COUNCILMEMBERS/DIRECTORS: DANGLEIS, STEMRICH, NOES: COUNCILMEMBERS/DIRECTORS: NOAJO, ALEXANDER, MOSES NE ABSENT: COUNCILMEMBERS/DIRECTORS: NONE TIME OF RECESS TO CLOSED SESSION: 11:04 P.M. THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY RECONVENED AT Reconvened 11:30 P.M. 09/18/91 PAGE TWO Moved by Councilman/Director Naranjo, seconded by Mayor/Chairman Moses and carried by roll call to adjourn to September 19, 1991 at 7:30 P.M., to continue the items that were posted for this meeting but were not addressed. Councilman/Director Dangleis abstaining and Councilman/Director Alexander dissenting. TIME OF ADJOURNMENT: 11:31 P.M. NEXT RESOLUTION NO. 91-R62 09/18/91 PAGE THREE Adjourn to 9/19/91 to cont Agenda