HomeMy WebLinkAbout04/19/1993
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KINUTES OF THE JOINT SPECIAL MEETING
OF THE REDEVELOPMENT AGENCY/CITY COUNCIL
SANTA ANA, CALIFORNIA
APRIL 19, 1993
CALLED TO ORDER
8:44 P.M.
ATTENDANCE
REDEVELOPMENT AGENCY MEMBERS
Present:
DAN YOUNG, Chairman
MIGUEL PULIDO, Vice Chairman
TOM LUTZ
LISA MILLS
TED R MORENO
RICK NORTON
ROBERT L. RICHARDSON
STAFF
Present:
DAVID N. REAM, City Manager
EDWARD COOPER, City Attorney
CYNTHIA J. NELSON, Executive Director
Community Development Agency
I.A.
JOINT PUBLIC HEARING
OWNER PARTICIPATION AGREEMENT WITH ORIENT CORPORATION OF AMERICA,
INC.
The public hearing opened at 8:44 p.m. Staff comments were presented by Cynthia
Nelson, Community Development Agency. No written comments were received.
Agency Member Norton left the meeting at 8:49 p.m.
See page 163 of City Council Minutes Book #50 for list of speakers.
The public hearing closed at 9:35 p.m.
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Adopt a resolution:
Resolution 93-9 - A resolution of the Community Redevelopment Agency
of the City of Santa Ana approving an agreement between the Agency
and Orient Corporation of America, Inc.
MOTION:
Mills
SECOND:
Pulido
VOTE: AYES:
Lutz, Mills, Moreno, Pulido, Richardson, Young
NOES:
None
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The joint meeting of the Redevelopment Agency/City Council recessed at
9:52 p.m. The Redevelopment Agency meeting reconvened at 11:47 p.m.
2.A.
Motion:
3.A.
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3.B.
Motion'
KINUTES
Approve the Minutes of the Regular Meeting of the Redevelopment
Agency held March 16, 1993.
MOTION:
Pulido
SECOND:
Richardson
VOTE: AYES:
Lutz, Mills, Moreno, Pulido, Richardson, Young
NOES:
None
REIMBURSEMENT AGREEMENT WITH INTERSTATE CONSOLIDATED INDUSTRIES FOR
DEVELOPMENT OF BRISTOL MARKETPLACE
1.
Direct the Agency Attorney to prepare, and authorize the Agency
Chairman and Executive Director to execute, a reimbursement
agreement with Interstate Consolidated Industries, Inc. for costs
associated with offsite improvements and project fees in an
amount not to exceed $1,500,000.
2.
Approve an appropriation adjustment recognizing $150,000 in
unanticipated revenue in the Bristol Corridor Project Area and
appropriating same to the Bristol Marketplace project.
MOTION:
Richardson
SECOND:
Pulido
VOTE: AYES:
Lutz, Mills, Moreno, Pulido, Richardson, Young
NOES:
None
PASS-THROUGH AGREEMENTS WITH THE COUNTY OF ORANGE GENERAL FUND AND
THE ORANGE COUNTY FLOOD CONTROL DISTRICT
Direct the Agency Attorney to prepare, and authorize the Chairman and
Executive Director to execute, an amendment to the pass-through
agreements with the County of Orange and the Orange County Flood
Control District for the Bristol Corridor Redevelopment Project Area.
MOTION:
Pulido
SECOND:
Moreno
VOTE: AYES:
Lutz, Mills, Moreno, Pulido, Richardson, Young
NOES:
None
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APRIL 19, 1993
REDE1IELCPIIEIIT AGEICY ICITY ClUlCIL IIIIIITES
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4.A.
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PAYMENT TO EDUCATIONAL REVENUE AUGHENTATION FUND
1.
Approve an appropriation adjustment recognizing $1,000,000 in
unanticipated Housing Set-Aside revenue and appropriating same
for Residential Rehabilitation loans.
2.
Approve an appropriation adjustment transferring $1,000,000 from
the Housing Set-Aside funda to the South Harbor and South Main
Project Areas and appropriating same for the payment to the
Educational Revenue Augmentation Fund.
3.
Approve an appropriation adjustment recognizing $2,264,655 in
unanticipated revenue realized from the sale of assets related to
the 1980 and 1981 Kortgage Revenue Bonds and appropriating same
to Residential Rehabilitation loans and other capital projects in
the Housing Set-Aside funds.
4.
Approve an appropriation adjustment transferring $2,264,655 from
the Housing Set-Aside funds to the Redevelopment funda for
payment to the Educational Revenue Augmentation Fund.
5.
Approve an appropriation adjustment recognizing $18,617,645 in
bond proceeda from the Downtown Parking Facilities Certificate of
Participation Refunding and appropriating same for the payment of
various bond issuance and retirement expenses.
6.
Approve an appropriation adjustment transferring $1,742,645 from
the 1986 Downtown Parking Facility Debt Service Reserve Fund to
the 1993 Downtown Parking Facility Debt Service Reserve Fund.
7.
Approve an appropriation adjustment recognizing $1,308,490 in
unanticipated revenue realized from the 1986 Downtown Parking
Facility Refunding and appropriating same to the Central City
Project Area.
8.
Approve an appropriation adjustment appropriating $1,300,000 in
the Central City Project Area for payment to the Educational
Augmentation Fund.
9.
Approve an appropriation adjustment recognizing $8,025,585 in
bond proceeds from the Regional Transportation Center Certificate
of Participation Refunding and appropriating same to the payment
of various bond issuance and retirement expenses.
10.
Approve an appropriation adjustment transferring $1,075,585 from
the 1983 Regional Transportation Center Debt Service Reserve Fund
to the 1993 Regional Transportation Center Refunding Debt Service
Reserve Fund.
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_IL 19, 1993
_UIFIIEIIT AGEIICT/CITY aJIIIClL "IllITES
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4.A. (Continued)
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Adopt Resolution 93-10 - A resolution of the Community Redevelop-
ment Agency of the City of Santa Ana finding the necessity to
borrow money from the Low- and Moderate-Income Housing Fund to
pay part of the Agency's required Alloca- tion to the Educational
Revenue Augmentation Fund.
MOTION:
Mills
Richardson
SECOND:
VOTE: AYES:
Lutz, Mills, Koreno, Pulido, Richardson, Young
NOES:
None
5.A.
AGENCY SECRETARY REPORT
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Instruct the Agency Secretary to enter notice of posting into the
Minutes.
The March 16, 1993 Community Redevelopment Agency Agenda was posted
on the door of the Council Chambers, 22 Civic Center Plaza, at 9 a.m.
on March 12, 1993.
MOTION:
Richardson
SECOND:
Lutz
VOTE: AYES:
Lutz, Mills, Moreno, Pulido, Richardson, Young
NOES:
None
ORAL COMMUNICATIONS/PUBLIC COMMENTS' None
CLOSED SESSION REPORT'
None
ADJOURNMENT .
1l:48 p.m.
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Director
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REDEVELCPIIEIIT AGEIICI'/CITT CllllCIL IlIIIITES
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APRIL 19, 1993