Loading...
HomeMy WebLinkAboutMinutes - August 5, 2002 - RAAlk AAL CITY OF AZUSA MINUTES OF THE REDEVELOPMENT AGENCY REGULAR MEETING MONDAY, AUGUST 5, 2002 - 11:20 P.M. The Board of Directors of the Redevelopment Agency of the City of Azusa met in regular session at the above date. Chairperson Pro -Tem Hardison called the meeting to order. Call to Order ROLL CALL Roll Call PRESENT: DIRECTORS: HARDISON, STANFORD, CHAGNON, ROCHA ABSENT: DIRECTORS: MADRID ALSO PRESENT: Also Present General Counsel Carvalho, Executive Director Cole, City Department Heads, Deputy Secretary Toscano, Secretary Mendoza. THE CITY COUNCIL CONVENED JOINTLY WITH THE REDEVELOPMENT AGENCY CncKRA AT 8:33 P.M., TO CONDUCT THE FOLLOWING: Convene jntly Discussion Regarding Downtown Block 36 Developer Proposals. Discussion re: Economic/Redevelopment Director Andrews presented a summary of what will be Block 36 presented with regard to Block 36, the southeast corner of Azusa Avenue and Foothill Boulevard. He stated that the criteria used to evaluate the proposal will focus on three areas: 1) the proposed use mix, the development concept, and developer's response to conveying and responding to the vision for the downtown, 2) the developer's experience in development management of similar projects, and 3) Financial capability of the developer to partner with the City to bring forth the redevelopment project on the site. Presentations were received with options for the development of the Downtown area Block 36 from proposing teams as follows: Robledo Associates/Southland, SY Presentation Development, Plaza Development and Hanrich Enterprises. By Developers After Council comments, it was moved by Councilmember Chagnon, seconded by Counciimember Stanford and unanimously* carried that Hanrich Enterprises be selected as the developer for the redevelopment of the Downtown Block 36 site, and Hanrich that staff be directed to pursue further by way of an Exclusive Negotiation Agreement Enterprises for the project. Plaza Development was the secondary choice for the project. Exclusive Negotiation REDEVELOPMENT AGENCY RECESSED AT 10:45 P.M. AND RECONVENED AT 11:20 Agreement P.M. JOINT PUBLIC HEARING — on a proposed Disposition and Development Agreement CRA Recess/Reconvened with SY Development Corporation. Moved by Councilmember/Director Stanford, seconded by Counciimember/Director joint Pub Hrg Chagnon and unanimously* carried to continue the Joint Public Hearing to the meeting Sy Develop. of September 3, 2002. Hrg continued The CONSENT CALENDAR consisting of items VII -A through VII -D, were approved by To 9/3/02 motion of Director Chagnon, seconded by Director Stanford and unanimously carried, with the exception of item VII -B, which was considered under the Special Call portion of the Agenda. Consent Cal. VII -B Spec Call A. Minutes of the regular me W' of July 15, 2002, were approved aVitten. Min approved B. SPECIAL CALL ITEM. Spec Call C. Human Resource Action Items were approved as follows: Fin Stmts Step Increase: C. Seffer, Administrative Secretary. Residential New Appointment: S. Ruiz, Economic Development Specialist. Mortgage Bond Program D. The following Resolutions were adopted and entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA Res. Nos. 02-R21 ALLOWING CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT OF and 02-R22. REDEVELOPMENT AGENCY FUNDS. Warrants SPECIAL CALL ITEM Director Chagnon addressed item regarding Loan for Seismic Improvements at 623 North Azusa Avenue, stating that If a default occurred before the end of the third year, she would like an Interest rate tied to the loan. She also noted minor changes in the agreement, such as correct name of City Clerk signature, and on page C-2 of the exhibit, repayment, add "within the term specified" and number 5, Repayment does not apply since there is no repayment. Further, that the interest rate be negotiated with advice from the City Treasurer. Moved by Director Chagnon, seconded by Director Stanford and unanimously" carried to approve the term of a Seismic Loan, as amended, between the City of Azusa Redevelopment Agency and Mr. Paul Naccachian for the purposes of completing seismic structural improvements at the subject structure. Further, to approve an amendment to the Agency budget in the amount of $68,000 to facilitate the project. It was consensus of the Redevelopment Agency Boardmembers to adjourn. TIME OF ADJOURNMENT: 11:22 P.M. NEXT RESOLUTION NO. 02-R23. NEXT ORDINANCE NO. 02 -ROI. 08/05/02 PAGE TWO Special Call Chagnon Comments Seismic Loan W/Paul Naccachian Approved Adjourn