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HomeMy WebLinkAboutMinutes - May 5, 1997 - RACITY OF AZUSA MINUTES OF THE REDEVELOPMENT AGENCY REGULAR MEETING MAY 5,1997 -9:07 P.M. The Redevelopment Agency of the City of Azusa met in regular session at the above date and time in the Civic Auditorium. Call to Order Chairman Madrid called the meeting to order. Roll Call PRESENT: DIRECTORS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID ABSENT: DIRECTORS: NONE Also Present 1 : D General Counsel Deitsch, Executive Director Garcia, Interim Redevelopment Director Steel, City Department Heads, Secretary Solis, Deputy Secretary Toscano. THE REDEVELOPMENT AGENCY AND THE CITY COUNCIL CONVENED Cncl/CRA JOINTLY AT 8:53 P.M. convene jntly JOINT PUBLIC HEARING - on Disposition and Development Agreement with Ferrari for 1000 West Foothill boulevard, Azusa. Interim Redevelopment Director Steel addressed the Hearing stating that the City is intending to sell the Palo Property to Virginia Hardwood Company who intends to clear the structures and replace with a warehouse that produces hardwood products. He provided background information regarding the property, stated that the business would generate sales taxes, provide services to contractors and retail customers which would provide revenue generation, property and sales tax as well as employment. He detailed the terns of sale, performance resale loan, investment in the site, potential return, property tax increment and advised that Virginia Hardwood has submitted and received approval of its precise plan of design and will be submitting for plan check soon. Jnt Pub Hrg Agmt w/Ferrari CRA Dir comments The Mayor/Chairman declared the Hearing open. The City Clerk/Secretary read the Hrg open. affidavit of proof of publication of notice of said Hearing published in the San Gabriel Valley Tribune on April 11 and April 28, 1997. Discussion was held between Councilmembers/Directors and staff regarding wholesale Discussion versus retail, sales tax point of sale, time frame for construction, and total amount of write down, which is approximately $700,000 and return over time is 4.3 million dollars spread over thirty years. Moved by Councilmember/Director Beebe, seconded by Councilmember/Director Hrg closed Stanford and unanimously carried to close the Hearing. Testimony was solicited, but none was received. Councilmember Hardison offered a Resolution entitled: Testimony/none 0 0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA APPROVING THE SALE OF REAL PROPERTY BY THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA PURSUANT TO THAT CERTAIN DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AND DAVID V. FERRARI AND JEANNETTE MARTIN FERRARI. Moved by Councilmember Hardison, seconded by Councilmember Beebe to waive further regarding and adopt. Resolution passed and adopted by the following vote of the Council: AYES: COUNCILMEMBERS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE Director Hardison offered a Resolution entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING THE SALE OF REAL PROPERTY BY THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA PURSUANT TO THAT CERTAIN DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AND DAVID V. FERRARI AND JEANETTE MARTIN FERRARI. Moved by Director Hardison, seconded by Director Beebe to waive further reading and adopt. Resolution passed and adopted by the following vote of the Agency: AYES: DIRECTORS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE Res. 97-C61 approving DDA w/Ferrari Res. 97-R17 approving DDA w/ Ferrari THE CITY COUNCIL RECESSED AND THE REDEVELOPMENT AGENCY Convene as CRA CONVENED AT 9:11 P.M. The CONSENT CALENDAR consisting of items I -2a through I -2f was approved by Consent Cal. motion of Director Stanford, seconded by Director Rocha and unanimously carried, with Appvd I -2b Spec the exception of item I -2b, which was considered under the Special Call portion of the Call Agenda. a. The Minutes of the regular meeting of April 21, 1997, were approved as written. Min appvd. b. SPECIAL CALL ITEM. Spec Call c. The Agency negotiated a comprehensive acquisition/relocation settlement agreement Settlement with Beverly Higginson, the car wash tenant located at 647 East Foothill Boulevard. Agreement The settlement agreement represents full and complete payment for the tenant's wB. Higginson fixture and equipment, for relocation, and loss of goodwill. The Agreement for 647 E. Foothill Acquisition of Tenant Interest in Real Property was approved and the Chairperson was authorized to execute the same. d. A RESOLUTION OF THE BOARD OF DIRECTORS OF THE Res.97-R18 REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING Appropriation APPROPRIATION AMENDMENTS FOR FISCAL YEAR 1996-97 PURSUANT Amendments TO SECTION 2-450 OF THE AZUSA MUNICIPAL CODE. e. The Agency Treasurer's Report as of March 31, 1997 was received and filed. Treas Rpt 05/05/97 PAGE TWO 11 • Resolution authorizing payment of warrants by the Agency was adopted and entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. 97-1119 AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT Warrants OF REDEVELOPMENT FUNDS. SPECIAL CALL ITEMS Interim Director of Redevelopment Steel addressed item regarding Exclusive Right to Negotiate Agreement with Southland Land Corporation for Block 36 of the Downtown area. He detailed the reasons for the Exclusive Negotiation Agreement and also the Plan of a anchor tenant for that southeast comer of Azusa Avenue and Foothill Boulevard. He answered questions posed by Directors. Moved by Director Stanford, seconded by Director Rocha and unanimously carried to approve the Exclusive Negotiation Agreement between the Redevelopment Agency and Southland Land Corporation. SCHEDULED ITEMS Special Call Exclusive Right to Negotiate Agreement w/ Southland Land Corp. Scheduled Items Interim Director of Redevelopment Steel addressed the issue regarding the selection of Dir CRA Pedestrian Breezeway location/direction regarding 619-621 N. Azusa Avenue. He comments explained why the area of 617 North Azusa Avenue was chosen for the open sky breezeway and displayed renderings of the site. He then suggested that staff be allowed to solicit developer/investor interest in the buildings at 619 - 621 North Azusa and solicit investor interest in the buildings at 613-615 North Azusa in order to get the Redevelopment Agency out the property management business. Additional discussion was held between Council and staff regarding the project. Moved by Director Hardison, seconded by Director Beebe and unanimously tamed to select the building at 617 North Azusa Avenue for demolition and reconstruction as a pedestrian breezeway with a width of 25 feet; solicit developer/investor interest in the 619- 621 North Azusa Avenue buildings and entice rehabilitation for retail and office uses, and solicit investor interest in the 613-615 North Azusa Avenues buildings to rehabilitate and lease to small retail tenants consistent with the Downtown Development and Leasing Plan. It was consensus of the Boardmembers to adjourn. TIME OF ADJOURNMENT: 9:26 P.M. NEXT RESOLUTION NO. 97-1120. NEXT ORDINANCE NO. 97-01. 05/05/97 PAGE THREE Breezeway & Azusa Ave. Properties Breezeway @ 617 N. Azusa Solicit developers for other properties Adjourn.