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HomeMy WebLinkAboutMinutes - June 20, 1995 - RACITY OF AZUSA MINUTES OF THE REDEVELOPMENT AGENCY REGULAR MEETING JUNE 20, 1995 -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 Alexander called the meeting to order. Call to Order ROLL CALL Roll Call PRESENT: DIRECTORS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER ABSENT: DIRECTORS: NONE ALSO PRESENT: Also Present General Counsel Deitsch, Executive Director Garcia, Redevelopment Director Cervantes, City Department Heads, Secretary Solis, Deputy Secretary Toscano. THE CITY COUNCIL, THE REDEVELOPMENT AGENCY, AND THE Cncl/CRA AZUSA PUBLIC FINANCING AUTHORITY CONVENED JOINTLY AT convene jntly 8:37 P.M. & APFA Director of Finance Craig addressed the issue with a slide presentation showing a brief Presentation overview of the Revenues, proposed appropriations and forecast revenues, property of Budgets tax trends from 1990 through 1996, sale tax trends, sales per capita, hazardous waste tax trends, land excavation tax trends, motor vehicle in -lieu, general fund revenues per capita, the estimated projection of funding gap and business license tax trend. He presented the Redevelopment budget and the existing projects as well as proposed projects for the Redevelopment Agency. Lastly, he presented suggested revenues that are being researched. Each Councilmember/Director expressed his/her opinion regarding the budget and the budget process. Councilmember Beebe offered a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. 95-C79 ADOPTING THE BUDGET AND APPROVING APPROPRIATIONS FOR appvg City THE CITY OF AZUSA FOR THE FISCAL YEAR COMMENCING JULY 1, Budget 1995, AND ENDING JUNE 30, 1996. Moved by Councilmember Beebe, seconded by Mayor Alexander to waive further reading and adopt. Resolution passed and adopted by the following vote of the Council: AYES: COUNCILMEMBERS: HARDISON, NARANJO, BEEBE, ALEXANDER NOES: COUNCILMEMBERS: MADRID ABSENT: COUNCILMEMBERS: NONE Director Beebe offered a Resolution entitled: 0 0 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA ADOPTING THE BUDGET AND APPROVING APPROPRIATIONS FOR THE REDEVELOPMENT AGENCY FOR FISCAL YEAR COMMENCING JULY 1, 1995, AND ENDING JUNE 30, 1996. Moved by Director Beebe, seconded by Mayor Alexander to waive further reading and adopt. Resolution passed and adopted by the following vote of the Agency: AYES: DIRECTORS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE Director Beebe offered a Resolution entitled: Res. 95-R33 approving Agency Budget A RESOLUTION OF THE BOARD OF DIRECTORS OF THE AZUSA Res. 95-P1 PUBLIC FINANCING AUTHORITY OF THE CITY OF AZUSA ADOPTING Approving APFA THE BUDGET AND APPROVING APPROPRIATIONS FOR THE FISCAL Budget YEAR COMMENCING JULY 1, 1995, AND ENDING JUNE 30, 1996. Moved by Director Beebe, seconded by Chairman Alexander to waive further reading and adopt. Resolution passed and adopted by the following vote of the Authority: AYES: DIRECTORS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE THE AZUSA PUBLIC FINANCING AUTHORITY RECESSED AND THE APFA recess CITY COUNCIL AND THE REDEVELOPMENT AGENCY CONTINUED CRA/Cncl AT 9:15 P.M. cont. JOINT PUBLIC HEARING - on proposed Owner Participation Agreement with Joint Pub Hrg Morris National (Very Special Chocolates) Business Expansion. OPA Morris The Mayor/Chairman declared the Joint Public Hearing open. The City Hrg open Clerk/Secretary read the affidavit of proof of publication of notice of said Hearing published in the Azusa Herald on June 8, and June 15, 1995. Redevelopment Director Cervantes addressed the Joint Public Hearing stating that CRA Dir Very Special Chocolates, under the umbrella organization of Morris National is comments proposing an expansion into a new German hard candy line. They are asking the Agency for financial assistance to implement the business expansion which will also create additional jobs in the City. Staff is proposing that the Agency provide a $100,000 deferred loan with a seven year term at an interest rate of 3%. He advised that if Morris continues to operate its company for a minimum of seven years from the date of the approval of the Owner Participation Agreement, at that time the loan plus interest will be forgiven. If, however, they should move within that 7 year period, they will be required to pay the remaining balance of the loan. Mr. Cervantes advised that as a requirement of Redevelopment Law as amended by AB1290, the Agency must, before entering into an agreement for development assistance, find, after a public hearing, that the assistance is necessary for economic feasibility of the development and that the assistance cannot be obtained on economically feasible terms in the private market. 06/20/95 PAGE TWO 0 0 Mr. Claude Douessin, Vice President of Operations, and Mr. Bill Morgan, Plan Messrs. Douessin Manager of Morris National, addressed the Hearing and answered questions posed by & Morgan Council/Boardmembers. comments Testimony was solicited, but none was received. Testimony Moved by Councilmember/Director Beebe, seconded by Mayor/Chairman Hrg clsd Alexander and unanimously carried by roll call to close the Hearing. Councilmember/Director Beebe stated that the finding can be made as the City Finding made would suffer a financial loss if Morris National leaves the City and also the City would gain in the fact that the company would utilize a great amount of water and utility services. Director offered a Resolution entitled: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE Res. 95-R34 REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING THE appvg neg dec PROPOSED NEGATIVE DECLARATION OF ENVIRONMENTAL IMPACT FOR THE MORRIS NATIONAL, INC., BUSINESS EXPANSION. Moved by Director Beebe, seconded by Chairman Alexander to waive further reading and adopt. Resolution passed and adopted by the following vote of the Agency: AYES: DIRECTORS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE Councilmember/Director Beebe offered a Joint Resolution entitled: A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. 95-C80 & AND THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA 95-R35, appvg APPROVING THE EXECUTION OF AN OWNER PARTICIPATION OPA w/Morris AGREEMENT WITH MORRIS NATIONAL, INC., FOR THE BUSINESS National, Inc. EXPANSION. Very Special Chocolates Moved by Councilmember/Director Beebe, seconded by Mayor/Chairman Alexander to waive further reading and adopt. Resolution 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 Director of Finance addressed Council/Directors detailing the events that led to the Dir of Fin Fire Assessment Fees and also advised that a study had been conducted two years ago comments on the feasibility of a City owned/operated Fire Department and found that it would be more costly to the City. Chairman Alexander offered a Resolution entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. 95-R36 AZUSA REQUESTING LOANS FROM THE CITY OF AZUSA FOR requesting PURPOSES OF THE MERGED REDEVELOPMENT PROJECT AREA. loans 06/20/95 PAGE THREE