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HomeMy WebLinkAbout04-15-1980MINUTES OF THE JOINT SPECIAL MEETING OF THE CITY COUNCIL AND COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, CALIFORNIA April 15, 1980 The joint meeting of the City Council and Community Redevelopment Agency was called to order at 5:05 p.m. by Mayor James E. Ward.. Councilmembers present were Gordon Bricken, Daniel E. Griset, R. W. Luxembourger, J. Ogden Markel, and Harry K. Yamamoto. Also present were City Attorney Keith L. GOW and Clerk of the Council Janice C. Guy. Councilman Alfred C. Serrato and City Manager Carl J. Thornton joined the meeting at 5:10 p.m. INVOCATION PLEDGE OF ALLEGIANCE Following the Pledge of Allegiance to the Flag, the Invocation was given by Councilman Griset. PRESENTATIONS BY BOND Andy Hall of Jones, Hall, Hill and COUNSEL & UNDERWRITER White (bond counsel) provided an oral description of documents and the sequential steps of the SB 99 process from selling of the bonds through return on the bonds to bond holders. Mike Whipple of Miller and Schroeder Municipals (underwriter) presented an overview of the bond sale in terms of the current economic situation and stated approximately $260,000 would accrue to the Agency as a result of the sale. Both firms' representatives responded to questions from the Council. CA 82 AGREEMENT WITH WESTERN CENTER Following extended discussion by STAFF DIRECTED Council and action by the Redevel- opment Agency, the MOTION by Bricken, seconded by Ward, "to request the Redevelopment Director to refine Section VIII of the agreement with Western Center," was amended by Griset and agreed to by the maker of the motion, to include, "and, if possible, to delete Section VIII from that agreement, with the issue of rehabilitation of rental housing to be returned to Council for discussion and policy within 90 days"; and carried on the following vote: AYES: NOES: ABSENT: Bricken, Griset, Luxembourger, Ward Markel, Serrato, Yamamoto None A-80-40 RESOLUTION 80-65 & AMENDMENT OF AGREEMENT CONTINUED TO APRIL 21 MOTION was made by Bricken, seconded by Ward, to continue the following items to April 21, 1980: RESOLUTION NO. 80-65 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA APPROVING THE ISSUANCE BY THE COMMUNITY REDEVELOPME~FF AGENCY OF THE CITY OF SANTA ANA OF RESIDENTIAL MORTGAGE REVENUE BONDS, ISSUE OF 1980, IN A PRINCIPAL A~qOUNT OF $26,570,004]. CA 82 Amendment of the Agreement of March 29, 1977, by and between Western Center on Law and Poverty, Legal Aid Society of Orange County, Community Redevelopment Agency of the City of Santa Ana, City of Santa Ana and residents in the Housing Clearance and Replacement Project bounded by Flower to Birch and First to Third Streets. A-80-40 AYES: NOES: ABSENT: Bricken, Griset, Luxembourger, Markel, Serrato, Ward, Yamamoto None None CITY COUNCIL MINUTES 121 APRIL 15, 1980 EXECUTIVE SESSION At 7:05 p.m., Council recessed to executive session for dis- cussion of personnel matters. ADJOURNMENT reported out of executive session. At 8:15 p.m., the Council recon- vened and immediately adjourned by unanimous informal consent of the Council. No action was CITY COUNCIL MINUTES 122 APRIL 15, 1980