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04/19/1988
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04/19/1988
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City Clerk
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Agenda
Date
4/19/1988
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<br />. <br /> <br />. <br /> <br />. <br /> <br />2.A <br /> <br />3. <br /> <br />Redevelopment Commission Recommendation: <br />Recommend that the Redevelopment Agency: <br /> <br />1. <br /> <br />Adopt a resolution of the Community Redevelopment Agency <br />approving an agreement between the Agency and BGS Partners; and <br /> <br />2. <br /> <br />Approve the project budget and authorize its implementation by <br />the Redevelopment Commission; and <br /> <br />3. <br /> <br />Amend the agreement to strike the term "bonus" and replace it <br />with the term "performance incentive" <br /> <br />by a vote of 5:2 (Gosse, Mills opposing). <br /> <br />AGREEMENTS <br /> <br />A. <br /> <br />KATZ HOLLIS COREN & ASSOCIATES, INC. CONTRACT AMENDMENT. <br /> <br />Agency Action: Approve the repayment of $20,000 of debt to the <br />General Fund from the Central City Project Area (Account <br />510-935-191) in order to provide the funds for the Bristol Corridor <br />Redevelopment Project Area Fund (Account 54-502-191). <br /> <br />City Council Action: <br /> <br />1. <br /> <br />Authorize the City Attorney to prepare and the Mayor and Clerk <br />of the Council to execute an amendment to the contract with <br />Katz Hollis Coren & Associates, Inc. for services related to <br />the Bristol Corridor Redevelopment Project Area Plan in an <br />amount not to exceed $20,000. <br /> <br />2. <br /> <br />Approve Appropriations Adjustment Number 123 transferring <br />$20,000 from the Central City Project Area (Account <br />510-935-191) to the Bristol Corridor Redevelopment Project <br />Area (Account 54-502-191). <br /> <br />Redevelopment Commission Recommendation: <br /> <br />1. <br /> <br />Recommend that the City Council: a) authorize the City <br />Attorney to prepare and the Mayor and Clerk of the Council to <br />execute an amendment to the contract with Katz Hollis Coren & <br />Associates, Inc. for services related to the Bristol Corridor <br />Redevelopment Project Area Plan in an amount not to exceed <br />$20,000; and b) approve Appropriation Adjustment Number 123 <br />transferring $20,000 from the Central City Project Area <br />(Account 510-935-191) to the Bristol Corridor Redevelopment <br />Project Area (Account 54-502-191) by a vote of 7:0. <br /> <br />2. <br /> <br />Recommend that the Redevelopment Agency approve the repayment <br />of $20,000 of debt to the General Fund from the Central City <br />Project Area (Account 510-935-191 in order to provide funds to <br />the Bristol Corridor Redevelopment Project Area Fund (Account <br />54-502-191) by a vote of 7:0. <br />
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