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HomeMy WebLinkAboutMinutes - July 1, 1996 - RACITY OF AZUSA MINUTES OF THE REDEVELOPMENT AGENCY REGULAR MEETING JULY 1, 1996 - 8:39 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. ROLL CALL PRESENT: DIRECTORS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER ABSENT: DIRECTORS: NONE ALSO PRESENT: General Counsel Deitsch, Executive Director Garcia, City Department Heads, Secretary Solis, Deputy City Clerk Toscano. THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY CONVENED JOINTLY AT 8:39 P.M. Finance Director Craig presented the budget stating that it is balanced, that revenues are equal to expenditures, it restores two and one half million dollars in reserve to the general fund, there are three months worth of expenditures for the general and utility funds, $50,000 grant to the Chamber of Commerce, vehicle savings of $20,000, in the Light & Water Department, of which $10,000 will be used for the Miss Azusa and the Scholarship pageant, and the remaining $10,000 may be utilized to provide free swim, the City may remove the assessment districts by the end of this year, and staff recently learned that the City of Torrance would like to exchange $60,000 excess general fund money, for City excess Prop A Transportation money in the amount of $100,000. With regard to Redevelopment, he stated that they will have one major project per year, and this year will be the Krems property acquisition and they will continue long and short term planning of the downtown area. The Debt Service will continue with first conclusion of the Hodag project, and the continuing payments on the Senior facility and the Redevelopment renovation of the City Hall and the West Wing. He announced that the budget for the City is $63,440,389, Redevelopment Agency budget is $12,374,890, and APFA which is $2,280,841, for a grand total of $78,096,120.00. He then answered questions posed by Councilmembers/Directors regarding the possible exchange of funds with the City of Torrance, Transit Building, Prop A & Prop C funds, and Assessment Fees Public Hearing. Councilmember/Director Beebe offered comments regarding funds for the Chamber of Commerce specifically funds for the Miss Azusa Pageant and alternative uses for the funds. Councilmember/Director Madrid offered comments regarding future budgets that should include identifying and funding priorities, working harder on defining goals, and that Council should be more responsive to the needs of the City and the needs of the economic basis. Call to Order Roll Call Also Present Cncl/CRA convenejntly Fin Dir comments Budget Discussion Councilmember Beebe offered a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. 96-C92 ADOPTING THE BUDGET AND APPROVING APPROPRIATIONS FOR THE Appvg City CITY OF AZUSA FOR THE FISCAL YEAR COMMENCING JULY 1, 1996 AND Budget ENDING JUNE 30, 1997. Moved by Councilmember Beebe, seconded by Councilmember Hardison to waive further reading and adopt. Resolution passed and adopted by the following vote of the Council: AYES: COUNCILMEMBERS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE Director Beebe offered a Resolution entitled: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE 96-R26 REDEVELOPMENT AGENCY OF THE CITY OF AZUSA ADOPTING THE Approving BUDGET AND APPROVING APPROPRIATIONS FOR THE REDEVELOPMENT Redevelopment AGENCY FOR FISCAL YEAR COMMENCING JULY 1, 1996 AND ENDING Budget JUNE 30, 1997. Moved by Director Beebe, seconded by Director Hardison 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 Redevelopment Director Steel addressed Council/Directors stating that this item is a CRA Dir Steel formal process for the Agency to receive tax increments from the County Tax comments re: Collector's Office by the Agency receiving City's General Fund advance Resolution for Administrative Funds which the Agency then repays, usually within one or two months Merged Redeve- after the debt has been incurred. The loan is for a short term basis of a revolving lopment Project nature. He then answered questions posed by Council regarding creating the debt service. Director Hardison offered a Resolution entitled: Res. 96-R27 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Requesting AZUSA REQUESTING A LOAN FROM THE CITY OF AZUSA FOR PURPOSES Loans from OF THE MERGED REDEVELOPMENT PROJECT AREA. City Moved by Director Hardison, seconded by Director Naranjo 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 Hardison offered a Resolution entitled: Res. 96-C93 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Authorizing AUTHORIZING LOANS FOR PURPOSES OF THE MERGED REDEVELOPMENT Loans to the PROJECT AREA. Redevelopment Agency Moved by Councilmember Hardison, seconded by Councilmember Naranjo to waive further reading and adopt. Resolution passed and adopted by the following vote of the Council: AYES: COUNCILMEMBERS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE THE CITY COUNCIL RECESSED AND THE REDEVELOPMENT AGENCY Cncl recessed CONVENED AT 9:05 P.M. CRA continued The CONSENT CALENDAR consisting of items I -2a through I -2h were approved Consent Cal. by motion of Director Madrid, seconded by Director Naranjo and unanimously Approved carried by roll call vote, with the exception of item I -2b, which was considered under I -2b Spec Call the Special Call portion of the Agenda. Chairman Alexander dissented on items I -2b, I -2d and I -2f. a. The Minutes of the regular meeting of June 17, 1996, were approved as written. Min approved b. SPECIAL CALL ITEM. Spec Call C. Agency staff extended a $25,000 commercial rehabilitation grant to the Simpson family in exchange for the owner's release of an easement impeding development of the Foothill Village project. The grant was used to make specific rehabilitation improvements to the two story Crestmore Apartments located at 451 West Foothill Boulevard. The Agency funds paid for a new roof, block wall and security chain link fence with the owner paying for new magnesite decking in the rear and repainting several units. The OPA confirms this prior grant and proposes an additional scope of work to include (1) painting of the structure; (2) resurfacing the parking lot; and (3) stucco/staining block walls along Foothill Boulevard. The Agency proposes to contribute 75% of the cost up to a maximum rebate amount of $13,500. The following resolution was adopted: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE Res. 96-R29 REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING Appvg OPA AN OWNER PARTICIPATION AGREEMENT WITH SHIRLEY JEAN Shirley Jean SIMPSON, A SURVIVING COMMUNITY PROPERTY. Simpson d. Per Redevelopment Law, planning and general Administrative Costs related to programs and activities and authorized under Section 33334.2 of the Health and Safety Code may be paid with 20% Set -Aside Low -to -Moderate Income Housing funds. The following resolution was adopted: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY OF Res. 96-R30 AZUSA REDEVELOPMENT AGENCY MAKING A FINDING THAT Planning & THE PLANNING AND ADMINISTRATIVE EXPENSES TO BE Administrative FUNDED FROM THE LOW AND MODERATE INCOME HOUSING Expenses funded FUND ARE NECESSARY FOR THE PRODUCTION, IMPROVEMENT from Low & OR PRESERVATION OF THE COMMUNITY' SUPPLY OF LOW AND Mod MODERATE INCOME HOUSING. Income Hsg e. A RESOLUTION OF THE BOARD OF DIRECTORS OF THE Res. 96-R31 REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING Appropriation APPROPRIATION AMENDMENTS FOR FISCAL YEAR 1996-97 Amendments PURSUANT TO SECTION 2-450 OF THE AZUSA MUNICIPAL CODE. 07/01/96 PAGE THREE f. On August 16, 1995, the Agency entered into an Owner Participation Agreement with Armando and Ernestine Vargas, owners of Taco Tapatio. The project has now been satisfactorily completed in compliance with the terms of the Agreement. The Certificate of Completion was approved and its execution and recordation were authorized. g. A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA RE- ADOPTING ITS INVESTMENT POLICY. h. Resolution authorizing payment of warrants by the Agency was adopted and entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT OF REDEVELOPMENT FUNDS. SPECIAL CALL ITEMS Cert of Completion w/Armando & Ernestine Vargas Taco Tapatio Res. 96-R32 Investment Policy Res. 96-R33 Warrants Special Call Items Director Beebe voiced her opposition to the Demolition Loan for property located Beebe opposed at 330 North Fenimore (Foothill Shopping Center), and requested information on the Demolition Loan number of liens on the property which must be subordinated to the Agency's debt JAR Associates and requested information about the loan. Redevelopment Director Steel responded stating that there are several liens of trust on the property and one condition of the Redevelopment Agency is that the Agency loan be advanced in front of all those obligations and that the Agency become the first deed of trust holders so that in the event of default the agency would have the right to take the property free and clear if there were a foreclosure sale. Construction should begin at the end of July and be completed by the end of August. He also responded that the project will be set up as a construction loan and pay only for work actually completed. Director Naranjo offered a Resolution entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING A LOAN AGREEMENT WITH JAR ASSOCIATES FOR THE DEMOLITION OF BLIGHTED STRUCTURES AT 330 NORTH FENIMORE IN THE CITY OF AZUSA. Moved by Director Naranjo, seconded by Director Hardison to waive further reading and adopt. Resolution passed and adopted by the following vote of the Agency: AYES: DIRECTORS: HARDISON, MADRID, NARANJO NOES: DIRECTORS: BEEBE, ALEXANDER ABSENT: DIRECTORS: NONE SCHEDULED ITEMS None. It was consensus of the Boardmembers to TIMJE OF 9:1 NEXT RESOLUTION NO. 96-R34. NEXT ORDINANCE NO. 96-0I 07/01/96 PAGE FOUR CRA Dir Steel response Res. 96-R28 Loan Agmt w/ JAR Associates Scheduled Items None Adjourn