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HomeMy WebLinkAboutMinutes - May 6, 2002 - RACITY OF AZUSA MINUTES OF THE REDEVELOPMENT AGENCY REGULAR MEETING MONDAY, MAY 6, 2002 - 8:47 P.M. The Board of Directors of the Redevelopment Agency of the City of Azusa met in regular session at the above date. Chairperson Madrid called the meeting to order. ROLL CALL PRESENT: DIRECTORS: HARDISON, CHAGNON, ROCHA, MADRID ABSENT: DIRECTORS: STANFORD ALSO PRESENT: General Counsel Carvalho, Executive Director Cole, City Department Heads, Deputy Secretary Toscano. Call to Order Roll Call Also Present THE CITY COUNCIL CONVENED JOINTLY WITH THE REDEVELOPMENT AGENCY AT Cncl/CRA 8:47 P.M. Convene jointly JOINT PUBLIC HEARING - on a proposed disposition and Development Agreement joint Pub Hrg with Dr. Ralph Reyes. Councilmember Stanford advised that he would be abstaining from this item, due to a Stanford conflict of interest. Abstained Stanford exited the meeting at 8:50 p.m. Economic/Redevelopment Director Andrews addressed the issue stating that the Item is for a recommendation regarding an agreement for the sale and the redevelopment of Agency owned property located at 613-615 N. Azusa Avenue that would result in a new business location for Dr. Ralph Reyes. He described the site and detailed how the Redevelopment Agency acquired the site. He advised that there are two short term month to month leases for businesses within the property and subject to the terms of those leases, staff would be notifying them and working with them to possibly identify new locations for them to move, but, there are no relocation requirements. He described the development using renderings regarding the new construction, access, lobby, front desk, one residential unit, office, conference room, potential for two additional units, elevation, etc. and answered questions posed. He provided a detailed report on the developer/Agency obligations and answered questions posed by Councilmembers regarding a developer deposit, recovery staffing fees, financing plan and the liquidating damage provision in the Disposition and Development Agreement. Stanford exit CRA Dir Comments Assistant Redevelopment Director Amador addressed the Hearing stating that the J. Amador financing plan as part of the DDA, which stated that there is a need to have confirmable Comments sources of all financing for the total cost of development; he then answered questions posed. Economic/Redevelopment Director Andrews noted the liquidating damage provision in J• Andrews the DDA and explained its use in case of a default. He then answered questions Comments posed regarding disposition costs, etc. Testimony was solicited, but none was received. Testimony/none Moved by Councilmember Ch on, seconded by Councilmember cha and Hrg Clsd unanimously* carried to close tlWublic Hearing. Councilmember Rocha offered a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA, APPROVING THE Res. 02-054 SALE OF REAL PROPERTY BY THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DDA w/Dr. PURSUANT TO THAT CERTAIN DISPOSITION AND DEVELOPMENT AGREEMENT BY Reyes AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AND DR. RALPH REYES. Moved by Councilmember Rocha, seconded by Councilmember Chagnon to waive further reading and adopt. Resolution passed and adopted by the following vote of the Council: AYES: COUNCILMEMBERS: HARDISON, ROCHA, CHAGNON, MADRID NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ABSTAIN: COUNCILMEMBERS: STANFORD Director Rocha offered a Resolution entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA, Res. 02-R1 i APPROVING THE SALE OF REAL PROPERTY BY THE REDEVELOPMENT AGENCY OF THE DDA w/Dr. CITY OF AZUSA PURSUANT TO THAT CERTAIN DISPOSITION AND DEVELOPMENT Reyes AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AND DR. RALPH REYES. Moved by Director Rocha, seconded by Director Chagnon to waive further reading and adopt. Resolution passed and adopted by the following vote of the Board Members: AYES: DIRECTORS: HARDISON, ROCHA, CHAGNON, MADRID NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE ABSTAIN: DIRECTORS: STANFORD THE CITY COUNCIL RECESSED AND THE REDEVELOPMENT ANECY CONVENED AT Cncl Recessed 9:14 P.M. Convene CRA The CONSENT CALENDAR consisting of items VIII -A & VIII -B, were approved by Consent Calendar motion of Director Hardison, seconded by Director Chagnon and unanimously* carried. A. Minutes of the regular meeting of April 15, 2002, were approved as written. Min approved B. The following Resolution was adopted and entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA Res.02-1112. ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT OF REDEVELOPMENT Warrants AGENCY FUNDS. It was consensus of the Redevelopment Agency Boardmembers to adjourn. Adjourn TIME OF SECRETARY :JIfC7a�5A NEXT RESOLUTION NO. 02-RI3. NEXT ORDINANCE NO. 02 -ROI. * Indicates Stanford absent 05/06/02 PAGE TWO