HomeMy WebLinkAboutMinutes - December 1, 2003 - RA6
CITY OF AZUSA
MINUTES OF THE REDEVELOPMENT AGENCY
REGULAR MEETING
MONDAY, DECEMBER 1, 2003 — 9:42 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, STANFORD, CHAGNON, ROCHA, MADRID
ABSENT: DIRECTORS: NONE
ALSO PRESENT:
General Counsel Carvalho, Executive Director Cole, City Department Heads, Deputy Secretary
Toscano, Secretary Mendoza.
Call to Order
Roll Call
Also Present
THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY CONVENED JOINTLY AT 9:42 P.M. Cncl/CRA cvned
TO CONSIDER THE FOLLOWING ITEMS: Jointly
JOINT PUBLIC HEARING — regarding the proposed sale of Agency -owned property located at Sale of 410 N.
410 N. Alameda Avenue to Mr. And Mrs. Susimo De Guzman (ROP #4). Adopt resolutions as Alameda Ave
presented and also approve a budget amendment to recognize and appropriate new revenue In ROP
the amount $339,000, and expenditures reflecting closing costs of $26,100.
The Mayor/Chairperson declared the Joint Public Hearing open. The City ClerWSecretary read Hrg open
the affidavit of proof of publication of notice of said hearing published in the Azusa Herald on
November 20, and 27, 2003.
Economic/Redevelopment Direct Hennessey addressed the issue introducing the Guzman Hennessey
Family who will be purchasing the property. Comments
Testimony was solicited, but, none was received. Testimony/none
Moved by Mayor Pro-Tem/Director Rocha, seconded by Councilmember/Director Stanford and Hrg clsd
unanimously carried to close the Public Hearing.
Council member Hardison offered a Resolution entitled;
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA APPROVING A REAL ESTATE
SALE AGREEMENT FOR PROPERTY LOCATED AT 410 NORTH ALAMEDA AVENUE.
Moved by Councilmember Hardison, seconded by Mayor Pro -Tem Rocha to waive further
reading and adopt. Resolution passed and adopted by the following vote of the Council:
AYES: COUNCILMEMBERS: HARDISON, STANFORD, ROCHA, CHAGNON, MADRID
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
Director Hardison offered a Resolution entitled:
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE
CITY OF AZUSA APPROVING A REAL ESTATE SALE AGREEMENT FOR PROPERTY LOCATED AT
410 NORTH ALAMEDA AVENUE.
Res. 03-C103
Real Estate
Agmt w/CITY
Res. 03-1142
Real Estate
Agmt w/CRA
Moved by Director Hardison, sec ed by Director Rocha to waive further ding and adopt.
Resolution passed and adopted a following vote of the BoardmembIf
AYES:
DIRECTORS:
HARDISON, STANFORD, ROCHA, CHAGNON, MADRID
NOES:
DIRECTORS:
NONE
ABSENT:
DIRECTORS:
NONE
Economic/Redevelopment Director Hennessey addressed item regarding the Issuance of the Dir CRA
amended and restated Merged Central Business District and West End Redevelopment Projects Hennessey
Tax Allocation Refunding Bonds, 2003 Series A; and Deb Financing Documentation Tax Allocation
Assocaltae3d with the proposed Refunding Bonds. He and Mr. Mike Williams addressed the Refunding Bonds
issue stating that may not be able to receive bond insurance in a timely fashion and requested Merged CBD
that they be allowed to move forward and capture the interest rate savings without bond And West End
Insurance. It was consensus of Council to allow that changed.
Councilmember Chagnon offered a Resolution entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA. CALIFORNIA, APPROVING
Res. 03-C104
THE ISSUANCE BY THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA OF ITS AMENDED
Refunding Bonds
AND RESTATED MERGED CENTRAL BUSINESS DISTRICT AND WEST END REDEVELOPMENT
West End &
PROJECTS TAX ALLOCATION REFUNDING BONDS, 2003 SERIES A
Merged CBD
Moved by Councilmember Chagnon, seconded by Councilmember Stanford to waive further
reading and adopt. Resolution passed and adopted by the following vote of the Council:
AYES:
COUNCILMEMBERS:
HARDISON, STANFORD, ROCHA, CHAGNON, MADRID
NOES:
COUNCILMEMBERS:
NONE
ABSENT:
COUNCILMEMBERS:
NONE
Director Chagnon offered a Resolution entitled:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSAAPPROVING THE
Res 03-1143
ISSUANCE OF ITS AMENDED AND RESTATED MERGED CENTRAL BUSINESS DISTRICT AND
Refunding Bonds
WEST END REDEVELOPMENT PROJECTS TAX ALLOCATION REFUNDING BONDS, 2003 SERIES
West End &
A. APPROVING A FOURTH SUPPLEMENT TO INDENTURES, AN OFFICIAL STATEMENT AND
Merged CBD
BOND PURCHASE AGREEMENT, SETTING THE MAXIMUM FINAL TERMS OF THE SALE OF THE
BONDS AND MAKING CERTAIN DETERMINATIONS RELATING THERETO
Moved by Director Chagnon, seconded by Director Stanford 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
THE CITY COUNCIL RECESSED AND THE REDEVELOPMENT AGENCY RECONVENED AT 10:05 CRA recess
P.M. Cncl convene
The CONSENT CALENDAR consisting of items VIII -A through VIII -D, were approved by motion
of Director Chagnon, seconded by Director Rocha and unanimously carried.
A. Minutes of the regular meetings of November 17, 2003 were approved as written.
B. SPECIAL CALL ITEM.
C. The Agency Treasurer's Report as of October 30, 2003, was received and filed.
D. The following Resolutions were adopted and entitled:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA ALLOWING
CERTAIN CLAIMS AND DEMANDS TO BE PAID OUT OF REDEVELOPMENT AGENCY FUNDS.
SPECIAL CALL ITEMS
Consent Cal.
Approved
Min approved
Spec Call
Treas Rpt
Res. 03-1144 &
45
Warrants
Spec Call Items
Director Chagnon addressed item regarding the possible waiver of professional liability Chagnon
Insurance for Kosmont &Associates, asking if they are now in default as they do not want to Questions
renew their liability insurance, what type of precedence does it set, do we have an option to go
to other bidders for the project that do have Insurance.
12/01/03 PAGE TWO
i
General Counsel Carvalho respongW stating that Kosmont did advise the fr that they would
not be obtaining the insurance iWIs time and that the type of work tAWare doing Is not
exposing to city to any liability. Executive Director Cole addressed the Issue recommending
approval of the waiver.
Moved by Director Hardison, seconded by Director Rocha and carried that the Agency Board
waive the errors and omissions liability Insurance requirement in Section 3.2.10.3 of the
Professional services Agreement with Kosmont a Associates dated March 5, 2003, and to
authorize execution of Amendment No. 2 to the Agreement.
It was consensus of the Redevelopment Agency Boardmembers to adjourn
TIME OF ADJOURNMENT 10:10 P.M.
NEXT RESOLUTION NO. 03-1146.
NEXT ORDINANCE NO. 03 -ROI I.
12/01/03 PAGE THREE
Amend
Kosmont
Agmt
Kosmont
Agmt
Approved
Adjourn