HomeMy WebLinkAboutMinutes - May 15, 2000 - RA0 0
CITY OF AZUSA
MINUTES OF THE REDEVELOPMENT AGENCY
REGULAR MEETING
MAY 15, 2000 - 9:01 P.M.
The Redevelopment Agency of the City of Azusa met in regular session at the above
date and time in the Azusa Civic Auditorium.
Chairperson Madrid called the meeting to order.
PRESENT: DIRECTORS: HARDISON, ROCHA, MADRID
ABSENT: DIRECTORS: STANFORD, BEEBE
General Counsel Martinez, Executive Director Cole, Economic
Development/Redevelopment Director Andrews, City Department Heads, Secretary
Solis, Deputy Secretary Toscano.
Call to Order
Roll Call
Also Present
The CONSENT CALENDAR consisting of items VI -A through VI -D, was approved Consent Calendar
by motion of Director Hardison, seconded by Director Rocha and unanimously approved
carried.
A. Minutes of regular meeting of May 1, 2000, were approved as written. Min approved
B. SPECIAL CALL ITEM. Spec Call
C. The Agency Treasurer's Report was received and filed. Treas Rpt
D. Resolution authorizing payment of warrants by the Agency was adopted and
entitled:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. 00-R13
AZUSA ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID Warrants
OUT OF REDEVELOPMENT FUNDS.
Economic Development/Redevelopment Director Andrews addressed item regarding
the Owner Participation Agreement with Quality Material Handling, Inc., stating that
the Agency will loan QMH an amount not to exceed $30,000, for a period of 10 years
to facilitate exterior improvements to their building. They employ City residents and
generate sales tax, he noted what they will be selling, and stated that the loan is tied
to the incremental sales tax, and provides for forgiveness of the interest rate if they
hit the target rate; anything left over can be credited to the principal. They will use
the money for painting, new signage, landscaping and slurry sealing. He then
answered questions posed by Boardmembers.
Special Call Items
CRA Andrews
comments
OPA w/Quality
Material Handling
Chairperson Madrid requested that they consider incorporating a theme surrounding Madrid
Route 66 in order to create the experience of yesteryear. comments
FA
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Director Hardison offered a Resolution entitled:
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A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF Res. 00-1112
AZUSA APPROVING AN OWNER PARTICIPATION AGREEMENT WITH OPA w/Quality
QUALITY MATERIAL HANDLING, INC., A CALIFORNIA CORPORATION, FOR Material Handling,
THE EXTERIOR IMPROVEMENT OF 900 WEST FOOTHILL BOULEVARD. Inc.
Moved by Director Hardison, seconded by director Rocha to waive further reading and
adopt. Resolution passed and adopted by the following vote of the Boardmembers:
AYES:
DIRECTORS:
NOES:
DIRECTORS:
ABSENT:
DIRECTORS:
HARDISON, ROCHA, MADRID
NONE
STANFORD,BEEBE
Ms. Brenda Pinto, owner of Quality Material Handling, addressed the issue thanking
John Andrews, Rick Cole and all of the Redevelopment staff for their hard work and
outstanding efforts with the project as well as Agency Boardmembers for their support.
It was consensus of the Redevelopment Agency Boardmembers to adjourn.
TIME OF ADJOURNMENT: 9:10 P.M.
NEXT RESOLUTION NO. 00-R14.
NEXT ORDINANCE NO. 00-01
* Indicates Stanford and Beebe absent.
05/15/00 PAGE TWO
Pv
B. Pinto
comments
Adjourn