04/15/1986 - Laserfiche WebLink

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. . . l Agency Member Young moved that the contract to prepare the land use analyses of the strategy plans for the three project areas be awarded to LSA. The motion was lost for lack of a second. It was then moved by Vice Chairman Johnson, seconded by Agency Member Hart and carried by a vote of 6:1 (Agency Member Young voted "NO") that the Agency enter into a contract with Michael Brandman and Associates to prepare the land use analyses of the strategy plans for three project areas. REFINANCING OF THE 1984 SOUTH MAIN TAX ALLOCATION BONDS It was moved by Vice Chairman Johnson, seconded by Agency Member Hart and carried unanimously (7:0) that the Agency authorize staff to pursue a timely refunding of the 1984 South Main Tax Allocation Bonds by contracting with the principals who structured and sold the original issue including: Bond Counsel - Stradling, Yocca, Carlsen and Rauth Fiscal Consultant - Katz, Hollis, Coren & Associates Underwriter - E.F. Hutton & Company, Inc. AUTHORIZATION TO EXERCISE OPTION TO PURCHASE PROPERTY NORTH SIDE OF ANAHURST PLACE EAST OF MAIN STREET THE ON In response to questions from Agency Member Young, the Executive Director/Economic Development stated that the Agency was electing to exercise its option to purchase this property since it would soon expire and the School District thought the lot might be used in conjunction with the development of the proposed continuation high school. He added that, if the proposed school did not materialize, this lot could always be used for off-street parking and that, since its appraised value was set three years ago, it is an excellent value. After further discussion, it was moved by Agency Member McGuigan, seconded by Vice Chairman Johnson and carried unanimously (7:0) that the Agency authorize the Executive Director to exercise an option to purchase property on the north side of Anahurst Place east of Main Street (A.P. No. 403-151-5). AUTHORIZATION TO REQUEST PROPOSALS FOR UNDERWRITING SERVICES FOR DOWNTOWN PARKING STRUCTURE FINANCING PLAN In response to questions from Agency Member Young, the Executive Director/Economic Development stated that this Request for Proposals would not include the proposed parking structure to be built west of Eddie West Field. He added that the Agency would be working with the County on that proposal and that the Request for Proposals would be issued by the Civic Center Association. 6.