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HomeMy WebLinkAbout04/19/1993 . . . AGENDA JOINT SPECIAL MEETING COMMUNITY REDEVELOPMENT AGENCY/CITY COUNCIL COUNCIL CHAKBERS 22 CIVIC CENTER PLAZA SANTA ANA. CALIFORNIA APRIL 19, 1993 6:00 P.M. CALL TO ORDER Chairman YOUNG Redevelopment Agency Members LUTZ, HILLS, MORENO, NORTON, PULIDO, RICHARDSON City Manager, Assistant City Hanager, City Attorney, Executive Director/Community Development PLEDGE OF ALLEGIANCE REDEVELOPMENT AGENCY/CITY COUNCIL SESSION LA. JOINT PUBLIC HEARING OWNER PARTICIPATION AGREEMENT WITH ORIENT CORPORATION OF AMERICA, INC. The public hearing opens: Presentation of staff report and staff comments by: Executive Director, Community Development Agency. Cynthia J. Nelson, Presentation of written comments by Janice C. Guy, Clerk of the Council: Speakers: l(F/O) 2(F/O 3(F/O) . . . The public hearing closes: RedeveloDment A2encv Action' ~ 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: SECOND: VOTE: Citv Council Action: Ii2tl9n..;. Adopt a resolution of the City Council of the City of Santa Ana making certain findings with respect to the conveyance of real property by the Community Redevelopment Agency of the City of Santa Ana to Orient Corporation of America, Inc., and approving the terms and conditions of said conveyance. COMMUNITY REDEVELOPMENT AGENCY BUSINESS SESSION 2.A. MINUTES ~ Approve. REGULAR MEETING OF THE COMMUNITY REDEVELOPMENT AGENCY HELD HARCH 16. 1993 MOTION: SECOND: VOTE: AGREEHENTS 3.A. REDIBURSEHENT AGREEHENT WITH INTERSTATE CONSOLIDATED INDUSTRIES FOR DEVELOPMENT OF BRISTOL HARJŒTPLACE ~ 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 improve- ments and project fees in an amount not to exceed $1,500,000. IlEDEllElII'IEIIT AGEICY/C1TY aulC1L AGEIIIA -2- APRIL 19. 1993 . . . 3.A. (Continued) 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: SECOND: VOTE: 3.B. PASS-THROUGH AGREEHENTS WITH THE COUNTY OF ORANGE GENERAL FUND AND THE ORANGE COUNTY FLOOD CONTROL DISTRICT II2tl2nl 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: SECOND: VOTE: APPROPRIATION ADJUSTMENTS/RESOLUTION 4.A. PAYMENT TO EDUCATIONAL REVENUE AUGMENTATION 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 funds 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 Mortgage 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 funds for payment to the Educational Revenue Augmentation Fund. 5. Approve an appropriation adjustment recognizing $18,617,645 in bond proceeds from the Downtown Parking Facilities Certificate of Participation Refunding and appropriating same for the payment of various bond issuance and retirement expenses. REDEllElCIFIIEIIT AGEIICY/CITY aJIIIC1L -- -3- APRIL 19. 1993 . . . 4.A. (Continued) 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 Parti-cipation 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. 11. Adopt Resolution 93-10 - A resolution of the Community Redevelopment 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: SECOND: VOTE: S.A. AGENCY SECRETARY REPORT ~ 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: SECOND: VOTE: REDEVELCI'IEIIT AGEIICY/CITY aulC1L AGE- -4- APRIL 19. 1993 . . . .' . ORAL COMMUNICATIONS/PUBLIC COHIIENTS RECESS TO CLOSED SESSION - ROOM 147 Announcement of Closed Session Items. RECONVENE - COUNCIL CHAMBERS 6.A. CLOSED SESSION REPORT II2112n..i. Authorize settlements as follows: MOTION: VOTE: ADJOURNMENT REDEVElIJPIIEIT AGEIeT/CITY IDIICIL AGEmA -5- $ $ $ SECOND: APRIL 19. 1993