HomeMy WebLinkAboutMinutes - February 3, 1997 - RA0 0
CITY OF AZUSA
MINUTES OF THE REDEVELOPMENT AGENCY
REGULAR MEETING
FEBRUARY 3,1997 -8:52 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
ALSO PRESENT:
General Counsel Deitsch, Executive Director Garcia, Interim Redevelopment Director
Steel, City Department Heads, City Clerk Solis, Deputy City Clerk Toscano.
Call to Order
Roll Call
Also Present
The CONSENT CALENDAR consisting of items I -la through I -lc was approved by Consent Cal.
motion of Director Beebe, seconded by Director Naranjo and unanimously carried by roll Appvd
call vote.
a. The Minutes of the regular meeting of January 21, 1997, were approved as written. Min appvd.
b. Human Resources Action Items - Leave Request.
Hum Res Item
M. Hall, Economic Development Specialist, effective February 5, 1997, through M. Hall Leave
February 11, 1997. request
c. Resolution authorizing payment of warrants by the Agency was adopted and
entitled:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. 97-R6
AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT Warrants
OF REDEVELOPMENT FUNDS.
u
None.
None.
Special Call
Items (None)
Scheduled Items
None.
It was consensus of the Board to recess at 8:53 p.m. Recess
Director Hardison addressed item regarding amendment to OPA with Price Club/Price Hardison
Enterprises, Inc., requesting more information on the amendments to the agreement. questions
Interim Redevelopment Director Steel responded stating that the amendment to the
CRA Dir
Owner Participation Agreement provides the Price Enterprises to place a wholesaler
response
user, Turbo Tire, in the old Price Club building for a period of 5 years and two months,
Amendment to
which would generate some income but would not forever limit the building (which has
OPA
been vacant for six years) to a distribution type of user and the other use proposed is a
Price Enterprises
mini -storage. He detailed the history and specifics of the original OPA and of the
Contractor's
property. He then answered questions posed by Boardmembers regarding sales tax
Network
money, sales tax increments, wholesale vs retail business on the Price Club property,
the $50,000 that the City will receive in exchange for the loss of potential revenue from
the industrial usage of the property, business license structure, sales of non-perishable
items relating to sales tax, and the document entitled sales tax note history.
Mr. Bob Siordia, representative of Price Enterprises, addressed Boardmembers B. Siordia
answering questions posed regarding the urgency of the matter, which related to the Rep Price
benefits of the sales tax that will be generated and the negotiated lease with the tenant, Enterprises
which expires January 31, 1997; and he explained the following: sales drop, benefits
of the agreement, improvements to be made to the building, retail tenants vs wholesale
tenants, positive aspects of the property, and details about Turbo Tires Company.
Mr. Bill Hamilton, President of Self -Storage addressed Boardmembers providing B. Hamilton
information on the mini -storage stating that it will be a single level building on the rear President Self
parcel that will generate $200,000 to $300,000, net profit, annually in the 3rd or 4th Storage
year of occupancy. He stated that it will generate minor sales tax with retail
components that will sell boxes and moving supplies.
Mr. Siordia re -addressed the issue answering questions posed by Boardmembers B. Siordia
regarding provisions for negotiations in less than five years, buy out provisions, the re -addressed
lease, which has no buy out provision options, marketing strategies, and upgrades to the
building.
Interim Redevelopment Director re -addressed Boardmembers advising that the City CRA Dir
will receive $30,000 in property taxes per year from the mini -storage. comments
Director Hardison offered a Resolution entitled:
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT
Res. 97-R3
AGENCY OF THE CITY OF AZUSA APPROVING AMENDMENT NO. 1 TO THE
Approving
OWNER PARTICIPATION AGREEMENT BETWEEN THE REDEVELOPMENT
Amendment # I
AGENCY OF THE CITY OF AZUSA AND THE PRICE COMPANY DATED JULY
OPA w/Price
18, 1988.
Company
Moved by Director Hardison, seconded by Chairman Alexander to waive further
reading and adopt. Resolution passed and adopted by the following vote of the Agency:
AYES: DIRECTORS: HARDISON, BEEBE, ALEXANDER
NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: MADRID, NARANJO
Director Beebe addressed item regarding bid award for the Light and Water Parking Lot Beebe
Completion and Agency Vacant Pad Irrigation Installation, in favor of the projects. comments
Moved by Director Beebe, seconded by Director Hardison and unanimously carried by
L& W Pkg Lot
roll call to award contract for Light and Water Parking Lot Completion to Tyner Paving
Completion/Tyner
Company, low bidder, in the amount of $31,040.00; and award the contract for
Paving &
Landscape and Irrigation of Centennial Square to Service First Contractor's Network,
Landscape Irriga.
low bidder, in the amount of $18,065.00, and authorize the Chairman to execute both
Service First
contracts.
Contractor's
Network
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