HomeMy WebLinkAboutMinutes - November 21, 1994 - RACITY OF AZUSA
MINUTES OF THE REDEVELOPMENT AGENCY
REGULAR MEETING
NOVEMBER 21, 1994 - 8:20 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 Alexander called the meeting to order.
PRESENT: DIRECTORS: HARDISON, MADRID, NARANJO, BEEBE,
ALEXANDER
ABSENT: DIRECTORS: NONE
Interim General Counsel Barbosa, Executive Director Garcia, Redevelopment
Director Cervantes,City Department Heads, Secretary Solis, and Office Specialist
Ramirez.
Call to Order
Roll Call
Also Present
THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY Cncl/CRA
CONVENED JOINTLY AT 8:05 P.M. convene jntly
CONTINUED JOINT PUBLIC HEARING - on proposed Owner Participation Jut Pub Hrg
Agreement with Mr. and Mrs. Lau for the remodel and expansion of the Country Lau
Inn Cafe, 607 North Azusa Avenue.
Redevelopment Director Cervantes addressed the Council/Boardmembers stating
that Mr. and Mrs. Lau are interested in repurchasing the Country Inn Cafe
business and doing a major interior remodel and adding a bakery facility. The
proposed remodel and bakery expansion will cost approximately $150,000, which
is being requested from the Agency in the form of two loans. The first loan in
the amount of $100,000, will be for seven years @ 8% interest to be repaid to the
Agency and the second loan for $50,000 will be in the form of a deferred loan,
which after seven years, if the owner fulfills the obligation of the Owner
Participation Agreement, will be forgiven. He stated that the remodeling will
consist of roof repair, air conditioning system, and a kitchen facility for the
bakery and the Agency does have funds in an account to cover the loan.
Discussion was held between Councilmembers/Directors and staff reveling that
the loan will be secured by the property, owners will put in no money, but the
equity of the building; the loan is in the form of a construction loan and will list
improvements, which include updating interior panels, and facade. The property
does have a back door access to the parking court. If there is a change in
ownership, the loan will be paid in full.
CRA Dir
Cervantes
comments
Discussion
r]
L
Testimony was solicited, but none was received.
Testimony
Moved by Councilmember/Director Madrid, seconded by Hrg closed
Councilmember/Direction Beebe and unanimously carried by roll call to close the
Hearing.
Councilmember/Director Beebe offered a Resolution entitled:
A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
AZUSA AND THE BOARD MEMBERS OF THE REDEVELOPMENT
AGENCY OF THE CITY OF AZUSA APPROVING THE DEVELOPMENT
OF REAL PROPERTY AND THE MAKING OF A COMMERCIAL
REHABILITATION LOAN PURSUANT TO THAT CERTAIN OWNER
PARTICIPATION AGREEMENT BY AND BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AND HENRY
AND BIK LAU.
Moved by Councilmember/Director Beebe, seconded by Councilmember/Director
Hardison to waive further reading and adopt. Resolution was passed and adopted
by the following vote of the Council/Agency:
AYES: COUNCILMEMBERS/DIRECTORS: HARDISON, MADRID,
NARANJO, BEEBE,
ALEXANDER
NOES: COUNCILMEMBERS/DIRECTORS: NONE
ABSENT: COUNCILMEMBERS/DIRECTORS: NONE
Res. 94-C161 &
Res. 94-R66
OPA w/Lau
THE CITY COUNCIL RECESSED AND THE REDEVELOPMENT Cncl recess/CRA
AGENCY CONTINUED AT 8:20 P.M. continued
The CONSENT CALENDAR consisting of items I -2a through I -2c was Consent Cal.
approved by motion of Director Madrid, seconded by Director Hardison and I -2a thru I -2c
unanimously carried by roll call vote.
a. The Minutes of the regular meeting of November 7, 1994, were approved as Min appvd
written.
b. A RESOLUTION OF THE BOARD OF DIRECTORS OF THE Res. 94-R67
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA Budget Transfers
APPROVING APPROPRIATION AMENDMENTS FOR FISCAL YEAR
1994-95 PURSUANT TO SECTION 3.04.050 OF THE AZUSA
MUNICIPAL CODE.
C. Resolution authorizing payment of warrants by the Agency was adopted and
entitled:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE Res. 94-R68
CITY OF AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS Warrants
TO BE PAID OUT OF REDEVELOPMENT FUNDS.
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None
None.
Special Call Items
None
Sched Items
None
It was consensus of the Board members to recess to the end of the City Council Recess
meeting.
TIME OF RECESS: 8:22 P.M.
THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY Cncl/CRA
CONVENED JOINTLY TO RECESS TO CLOSED SESSION AT 10:20 P.M. convened jntly
Moved by Councilmember/Director Naranjo, seconded by Closed Session
Councilmember/Director Beebe and unanimously carried by roll call to recess to
closed session to discuss the following:
Conference with staff regarding the status of Cable Television negotiations.
Litigation or pending Litigation: City of Azusa v. World Wide Video.
Real Property Negotiations: 587-647 East Foothill Boulevard, Mr. Nathan Krems
and Mr. Alan Shulman, Trustee of the Helen Krems Trust.
TIME OF RECESS: 10:21 P.M.
RECONVENED: 11:40 P.M.
Recess
Reconvened
Moved by Councilmember/Director Beebe, seconded by Councilmember/Director Cable TV Neg.
Naranjo and carried by roll call to engage Mr. William Marticorena of the Law Rutan & Tucker
Firm of Rutan and Tucker, to assist with Cable Television negotiations.
Councilmember/Director Madrid dissenting.
It was consensus of the Agency Board Members to adjourn. Adjourn
TIME OF ADJOURNMENT: 11:41 P.M.
NEXT RESOLUTION NO. 94-R69.
NEXT ORDINANCE NO. 94 -ROI.
11/21/94 PAGE THREE