Loading...
HomeMy WebLinkAboutMinutes - July 7, 1998 - RA0 0 CITY OF AZUSA MINUTES OF THE REDEVELOPMENT AGENCY REGULAR MEETING TUESDAY, JULY 7, 1998 - 9:45 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 Madrid called the meeting to order. ROLL CALL PRESENT: DIRECTORS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID ABSENT: DIRECTORS: NONE ALSO PRESENT: General Counsel Deitsch, Executive Director Cole, City Department Heads, Secretary Solis, Deputy Secretary Toscano. CITY COUNCIL AND AGENCY CONVENED JOINTLY AT 9:45 P.M. Community Development Director Bruckner addressed Council regarding Loan Agreement by and between the Redevelopment Agency of the City of Azusa and the City of Azusa, stating that the Redevelopment Agency's primary funding source is property tax increment and the only way that money can be spent is through the payment of debt and the way to establish that debt is by advancing funds from the General Fund for the eventual repayment by the Redevelopment Agency with tax increment funding. Councilmember/Director Rocha voiced concerns regarding Agency budget document notation stating that "the Agency has borrowed 77% of its capacity, longer term solutions must be implemented to avoid depletion of all working capital, the Agency would otherwise deplete its reserves in two to three years, the Agency needs to closely monitor its cash flow"; he requested clarification. Call to Order Roll Call Also Present Cncl/CRA jntly Com Dev Dir comments re: Redevelopment Agency Advance from City Rocha comments Community Development Director Bruckner responded stating that City Manager, and staff Com Dev Dir need to work on a strategy to honor that debt and acknowledged that there is a need to cut response back on expenses on an annual basis. City Manager Cole responded that Administrative costs have been ongoing and need to be City Mgr addressed but requested that the item be approved and that the costs will be closely response monitored. City Attorney Deitsch advised Council to view the difference between short term and long City Attny term loans, and stated that this loan will be repaid within a year; that the creation of debt response by the Redevelopment Law is a good thing because the debt enables the Redevelopment Agency to be able to collect property tax increment, which otherwise would go to other taxing entities. Further, that under the Community Redevelopment Law, and AB1290, the Agency will not be allowed to incur indebmess following the year 2004. Councilmembers/Directors requested that they be made aware of any action that would extend the one year time limit. Cncl request Councilmember/Director Beebe offered a Resolution entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA REQUESTING A LOAN FROM THE CITY OF AZUSA FOR PURPOSES OF THE MERGED REDEVELOPMENT PROJECT AREA. 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: Res. 98-R45 Requesting Loan from City 0 0 AYES: COUNCILMEMBERS: HARDISON, BEEBE, MADRID NOES: COUNCILMEMBERS: ROCHA, STANFORD ABSENT: COUNCILMEMBERS: NONE Councilmember/Director Beebe offered a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA Res. 98-C117 AUTHORIZING LOANS FOR PURPOSES OF THE MERGED REDEVELOPMENT Authorizing Loan PROJECT AREA. to Agency 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, BEEBE, MADRID NOES: COUNCILMEMBERS: ROCHA, STANFORD ABSENT: COUNCILMEMBERS: NONE THE CITY COUNCIL RECESSED AND THE REDEVELOPMENT AGENCY Cncl Recess/CRA CONVENED AT 9:56 P.M. convened The CONSENT CALENDAR consisting of items VI -A through VI -E was approved by Consent Cal motion of Director Beebe, seconded by Director Hardison and unanimously carried. Approved A. The Minutes of the regular meeting of June 15, 1998, the adjourned regular meetings Min approved of May 26 1h, June 2nd, June 100, June 16, and June lTh, were approved as written. B. A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY OF AZUSA Res. 98-1146 REDEVELOPMENT AGENCY MAKING A FINDING THAT THE PLANNING Ping & Admin AND ADMINISTRATIVE EXPENSES TO BE FUNDED FROM THE LOW AND costs/low to mod MODERATE INCOME HOUSING FUND ARE NECESSARY FOR THE income funds PRODUCTION, IMPROVEMENT OR PRESERVATION OF THE COMMUNITY'S SUPPLY OF LOW AND MODERATE INCOME HOUSING. C. The Agency Treasurer's Report as of May 30, 1998 was received and filed. Treas Rpt D. The Redevelopment Agency Blanket Purchase Orders were approved and formal Blanket P.O.'s bidding procedures were waived. Approved E. Two separate Resolutions authorizing claims and demands was adopted and entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. Nos. 98-R47 AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT OF & 48, Warrants REDEVELOPMENT AGENCY FUNDS. It was consensus of the Board members to recess to the end of the meeting. Recess THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY CONVENED Cncl/CRA convene JOINTLY TO RECESS TO CLOSED SESSION TO DISCUSS THE FOLLOWING: jointly Clsd Sess A. LABOR NEGOTIATIONS (Gov. Code Sec. 54957.6), Clerical staff. B. EMPLOYEE DISCIPLINE/DISMISSAL (Gov. Code Section 54957) C. PUBLIC EMPLOYEE POSITION (Gov. Code Sec 54957, City Manager. TIME OF RECESS: 10:00 P.M. Recess THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY RECONVENED Reconvened AT 10:53 P.M. 07/07/98 PAGE TWO 0 0 City Attorney/General Counsel Deitsch advised that there was no reportable action taken No Reportable in Closed Session. Action It was consensus of Councilmembers/Boardmembers to adjourn to Saturday, July 11, 1998, Adjourn to 7/11 at 9:00 a.m., in the Azusa Senior Center in order to conduct a workshop jointly with the Sr Cntr Rosdale Planning Commission regarding the Rosedale Project. Project Further, the meeting was adjourned in memory of Reverend Lewis Waddoups, and Rosie In memory & Padilla and to keep in prayers, Rosie Ceniceros, Marianne Harville, and Lupe Rosales. prayer TIME OF ADJOURNMENT: 10:54 P.M. NEXT RESOLUTION NO. 98-1149. NEXT ORDINANCE NO. 98-01. 07/07/98 PAGE THREE