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Home My WebLink AboutMinutes - April 18, 1994 - RACITY OF AZUSA MINUTES OF THE REDEVELOPMENT AGENCY REGULAR MEETING APRIL 18, 1994 - 8:10 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. Call to order ROLL CALL Roll Call PRESENT: DIRECTORS: DANGLEIS, MADRID, NARANJO, ALEXANDER, MOSES ABSENT: DIRECTORS: NONE ALSO PRESENT Also present Interim General Counsel Barbosa, Executive Director Garcia, Redevelopment Director Cervantes, Department Heads, Deputy Secretary Toscano, Office Specialist Hernandez. THE CITY COUNCIL CONVENED JOINTLY WITH THE Cncl/CRA REDEVELOPMENT AGENCY AT: 8:10 P.M. convene Jntly CONTINUED JOINT PUBLIC HEARING - on Disposition and Jnt Pub Hrg Development Agreement with R.E. Blewett Companies, Inc. for the Balboa Site Development of 600 North Cerritos Avenue (Balboa Site). Redevelopment Director Cervantes addressed the Hearing stating CRA Dir that the proposed project consists of the construction of twenty comments single family homes, fifteen which will be sold to first time home buyers and five at market rate. The property is owned by the Redevelopment Agency and will be sold to R.E. Blewett for $400,000, who will construct the homes. He addressed the project description, purpose of the DDA, Developer qualifications, Agency obligations, Special Housing provisions, Schedule of Performance, Reuse Appraisal, Project's costs and benefits, and Project cost summary. Mr. Blewett addressed the Hearing advising that the Homeowners' R. E. Blewett Association will cover street and recreational maintenance, that each comments person will own his/her own lot and that it will be a gate community. Moved by Councilman Naranjo, seconded by Councilman Dangleis Hrg clsd and unanimously carried by roll call to close the Hearing. Director Dangleis offered a Resolution entitled: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE Res. 94-R17 REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING THE Appvg Neg PROPOSED NEGATIVE DECLARATION OF ENVIRONMENTAL IMPACT Dec. FOR THE PROJECT AT 600 SOUTH CERRITOS AVENUE. Moved by Director Dangleis, seconded by Director Naranjo to waive further reading and adopt. Resolution passed and adopted by the following vote of the Agency: 0 0 AYES: DIRECTORS: DANGLEIS, MADRID, NARANJO, MOSES NOES: DIRECTORS: ALEXANDER ABSENT: DIRECTORS: NONE Councilman Dangleis offered a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. 94-C60 APPROVING THAT CERTAIN AGREEMENT ENTITLED "DISPOSITION Appvg DDA AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE City/R.E. REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AND R.E. BLEWETT Blewett COMPANIES, INC." Moved by Councilman Dangleis, seconded by Councilman Naranjo to waive further reading and adopt. Resolution passed and adopted by the following vote of the Council: AYES: COUNCILMEMBERS: DANGLEIS, MADRID, NARANJO, MOSES NOES: COUNCILMEMBERS: ALEXANDER ABSENT: COUNCILMEMBERS: NONE Director Dangleis offered a resolution entitled: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE Rex.94-R18 REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING THAT Appvg DDA CERTAIN AGREEMENT ENTITLED "DISPOSITION AND DEVELOPMENT Agency/R.E. AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE Blewett CITY OF AZUSA ND R.E. BLEWETT COMPANIES, INC., A CALIFORNIA CORPORATION'. Moved by Director Dangleis, seconded by Director Naranjo to waive further reading and adopt. Resolution passed and adopted by the following vote of the Agency: AYES: DIRECTORS: DANGLEIS, MADRID, NARANJO, MOSES NOES: DIRECTORS: ALEXANDER ABSENT: DIRECTORS: NONE THE CITY COUNCIL RECESSED AND THE REDEVELOPMENT AGENCY Cncl. Recess CONTINUED AT 8:28 P.M. CRA cont The CONSENT CALENDAR consisting of items I -2a through I -2e, were Cons Cal approved by motion of Director Madrid, seconded by Director apvd, I -2b, Dangleis and carried by roll call vote, with the exception of Items I- I -2c, spec 2b and I -2c which were considered under special call portion. Director call Alexander dissenting. a. The minutes of the regular meeting of March 21, 1994, were Min apvd approved as written. b. SPECIAL CALL ITEM. Spec Call c. SPECIAL CALL ITEM. Spec Call d. Resolution approving appropriation amendments was adopted and entitled: 04/18/94 PAGE TWO A RESOLUTION OF THE BOARD OF DIRECTORS OF THE Res. 94-R19 REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING Approp APPROPRIATION AMENDMENTS FOR FISCAL YEAR 1993-94 Amendments PURSUANT TO SECTION 3.04.050 OF THE AZUSA MUNICIPAL CODE. e. Two separate Resolutions authorizing payment of warrants by the Agency was adopted and entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY Res 94-R20 & OF AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE 94-R21 PAID OUT OF REDEVELOPMENT AGENCY FUNDS. Warrants SPECIAL CALL. ITEMS Spec Call Consent Calendar Item No. I -2b. The EDAC Strategic Plan recommended the implementation of EDAC imple- Commercial/Industrial Loan Program that will improve the visual mentation appearance of private businesses, and thereby increase business loan program efficiency and stimulate private investment. In addition, the Existing Commercial Rebate Program requires additional funding. Redevelopment Director Cervantes addressed the issue, giving a S. Cervantes thorough explanation on this program, explaining the proposed comments Commercial/Industrial Rehab Program for exterior/interior improvements, ineligible rehabilitation, program administration and existing commercial rebate programs. Question and answer session was held among Boardmembers and Discussion Director cervantes, regarding this program. Moved by Director Dangleis, seconded by Director Naranjo, and Appvd Imple- carried by roll call vote to, approve implementation of the mentation of Commercial/Industrial Loan Program, authorize a program budget of EDAC loan $200,000, and approve the additional funding for the Downtown and prog. Expanded Commercial Rebate Program in the Amount of $100,000. Director Alexander Dissenting. Consent Calendar Item No. I -2c. This new 97% mortgage loan with only a 3% down payment will CRA 97% mrtg enable the first time home buyer without a large down payment to loan prog. purchase a home. Agency funds can be leveraged with state funds to accomplish a loan pool of $7,500,000 or about 50 loans of $150,000. Redevelopment Director Cervantes addressed the issue explaining this program offers many benefits, not only to the ultimate S. Cervantes purchasers, but to the Agency as well. This program will assist first comments time home buyers. Director Alexander addressed the issue expressing in support of this Alexander program. comments 04/18/94 PAGE THREE Moved by director Alexander, seconded by Director Naranjo and Apv agmnt unanimously carried by roll call to approve Trust Agreement w/Calif Hsg between the Agency and the California Housing Loan Insurance Fund, Loan Ins & and the 97% Loan Pledge Agreement between the California Housing Pledge Agmnt Finance Agency (CHFA) acting through the California Housing Loan CHFA Insurance Fund (CHLIF). SCHEDULED ITEMS Sched Items NONE None Moved by Director Dangleis, seconded by Director Alexander and Adjourn unanimously carried by roll call to adjourn the Redevelopment Agency. TIME OF ADJOURNMENT 8:45 P.M. Next Resolution: 94-R22 Next Ordinance: 94-01 04/18/94 PAGE FOUR