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HomeMy WebLinkAboutMinutes - July 16, 2001 - RALl 0 CITY OF AZUSA MINUTES OF THE REDEVELOPMENT AGENCY REGULAR MEETING MONDAY, JULY 16, 2001 -10:35 P.M. The Board of Directors of the Redevelopment Agency of the City of Azusa met In regular session at the above date. Chairperson Mayor Madrid called the meeting to order. ROLL CALL PRESENT: DIRECTORS: HARDISON, STANFORD, ROCHA, CHAGNON, MADRID ABSENT: DIRECTORS: NONE ALSO PRESENT: General Counsel Carvalho, Executive Director Cole, City Department Heads, Deputy Secretary Toscano, Secretary Mendoza. COUNCIL CONVENED JOINTLY WITH REDEVELOPMENT AGENCY AT 10:34 P.M. Call to Order Roll Call Also Present CnCKRA joint. The Redevelopment Agency is governed by the Health and Safety Code, and its Redevelopment primary source of revenue is property tax increment. Per the Code, tax Increment can Agency Admin only be used to pay debt. In order to fund the Agency's 2001-02 budgeted operating Advance from City and administrative expenses of $947,850, the Agency must establish these appropriations as a debt. Director Stanford offered a Resolution entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA Res. 0 1 -1120 REQUESTING A LOAN FROM THE CITY OF AZUSA FOR PURPOSES OF THE MERGED Requesting Loan REDEVELOPMENT PROJECT AREA. from City Moved by Director Stanford, seconded by Director Rocha to waive further reading and adopt. Resolution passed and adopted by the following vote of the Board members: AYES: DIRECTORS: HARDISON, STANFORD, ROCHA, CHAGNON, MADRID NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE Councilmember Stanford offered a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA AUTHORIZING Res. 01-C71 LOANS FOR PURPOSES OF THE MERGED REDEVELOPMENT PROJECT AREA. Authorizing Loans for purposes of Moved by Councilmember Stanford, seconded by Councilmember Rocha to waive Merged further reading and adopt. Resolution passed and adopted by the following vote of Redevelopment the Council: Project Area AYES: COUNCILMEMBERS: HARDISON, STANFORD, ROCHA, CHAGNON, MADRID NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE The CONSENT CALENDAR condoand ng of Items VII -A through VII -F, wer proved by Consent motion of Director Chagnon, sec(. ded by Director Rocha unanimous V arried with Calendar the exception of item VII -E, which will be considered under the Special Call portion of VII -A - VII -F the Agenda. VII -E Spec Call A. Minutes of regular meeting of July 2, 2001, were approved as written. Min approved B. Agency Treasurer's Report as of May, 2001, was received and filed. Treas Rpt C. A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT Res. 01-R21 AGENCY OF THE CITY OF AZUSA ADOPTING THE INVESTMENT POLICY. Investment Pol. D. A RESOLUTION OF THE BOARD OF DIRECTORS FO THE CITY OF AZUSA REDEVELOPMENT AGENCY MAKING A FINDING THAT THE PLANNING AND ADMINISTRATIVE EXPENSES TO BE FUNDED FROM THE LOW AND MODERATE INCOME HOUSING FUND ARE NECESSARY FOR THE PRODUCTION, IMPROVEMENT OR PRESERVATION OF THE COMMUNITY'S SUPPLY OF LOW AND MODERATE INCOME HOUSING. E. SPECIAL CALL ITEM. F. Resolution authorizing payment of warrants by the Agency was adopted and entitled: Res. 0 1 -1122 Planning ✓i Admin expenses to be funded Low & Mode Inc Hsg fund Spec Call A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA Res. 0 1 -1124 ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT OF THE Warrants REDEVELOPMENT AGENCY FUNDS. SPECIAL CALL ITEM Spec Call Item Director Chagnon requested that the classification plan of Senior Project Manager in the Chagnon Redevelopment Agency be retained, unfunded, in case some time in the future there comments Is a need to go back from an Assistant Director of Economic Development /Redevelopment position. Staff advised that in checking with Human Resources Department that can be accomplished. Director Chagnon offered a Resolution entitled A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY OF AZUSA Res. 01-1123 ESTABLISHING COMPENSATION FOR THE CLASSIFICATION OF ASSISTANT DIRECTOR Compensation OF ECONOMIC DEVELOPMENT/REDEVELOPMENT. Assist Dir CRA Moved by Director Chagnon, seconded by Director Rocha to waive further reading and adopt. Resolution passed and adopted by the following vote of the Board members: AYES: DIRECTORS: HARDISON, STANFORD, ROCHA, CHAGNON, MADRID NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE It was consensus of the Redevelopment Agency Boardmembers to adjourn TIME OF ADJOURNMENT: 10:39 P.M. NEXT RESOLUTION NO. 01-R25. NEXT ORDINANCE NO. 01 -ROI. 07/16/01 PAGE TWO Adjourn