HomeMy WebLinkAbout09/18/1984
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MINUTES
REGULAR MEETING
COMMUNITY REDEVELOPMENT AGENCY
SANTA ANA, CALIFORNIA
SEPTEMBER 18, 1984
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The Regular Meeting of the Community Redevelopment Agency of
the Ci ty of Santa Ana was called to order by Chairman
Luxembourger at 5:36 P.M., in the City Council Chambers, 22
Civic Center Plaza, Santa Ana, California. After the Pledge
to the Flag and the Invocation given by Chairman
Luxembourger, roll was called:
PRESENT
ABSENT
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John Acosta
Gordon Bricken
Daniel Griset, Vice Chairman
P. Lee Johnson
Robert Luxembourger, Chairman
patricia McGuigan
Dan Young
Others in Attendance:
Rex Swanson, Executive Director
Edward J. Cooper, City Attorney
David N. Ream, Executive Director/Economic Development
Thomas E. Hammill, Assistant Director Redevelopment
& Real Estate
Susan Moeller, Project Manager
Laura Juarez, Secretary
MINUTES
A motion was made by Mr, Bricken, seconded by Mr. Acosta and
carried by a vote of 4:0 (Mrs. McGuigan and Vice Chairman
Griset refrained due to their absence) to approve the
Minutes of the Regular Meeting held on August 21, 1984.
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AGREEMENT FOR UNDERGROUNDING OF UTILITIES ON S. HARBOR
The Executive Director/Economic Development called upon
Project Manager, Susan Moeller, to give a brief
presentation. The Project Manager stated that the purpose
of the South Harbor Redevelopment Plan adoption was mainly
for two purposes: (1) to provide public improvements: and
(2) to provide ù major funding source for the City's
residential rehabilitation programs through the use of 60%
set-aside moneys.
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At the time of the plan adoption, specific public
improvements were listed in the preliminary Redevelopment
Plan. Included in those improvements was the undergrounding
of utilities along Harbor Boulevard between MacArthur and
Segerstrom. A $100 million development, in all, Phase I of
Clauset Centre consisted of 187,000 square feet of office
space valued at $25 million. Phase II will be commenced in
the near future. The total cost of the project is estimated
at $888,500. Edison is contributing $178,500. That, plus
the $250,000 contribution from Trammell Crow Company, leaves
a $460,000 balance to be funded by the Agency.
The Project Manager then introduced Mr. Bill
Trammell Crow who gave a brief slide presentation,
Lane
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After a brief discussion, a motion was made by Mr. Acosta,
seconded by Ms. McGuigan, and carried unanimously to:
1.
Approve the Agreement for Relocation of Electrical
Facilities among the Agency, Trammell Crow and the
Edison Company for the undergrounding of utilities
on S. Harbor between Segerstrom Avenue and
MacArthur Boulevard.
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2.
Approve Appropriation Adjustment No. 22 authorizing
the allocation of funds from the 1984-85 fiscal
year budget allocation.
EXCLUSIVE RIGHT TO
HARBOR/MC~ADDEN SITE
NEGOTIATE
WITH
EQUIDON
FOR
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On October 24, 1983, the Redevelopment Agency authorized
staff to solicit proposals for the development of the
southeast corner of Harbor and McFadden, currently occupied
by the Harbor Drive-In Theatre. Request for Proposals (RFP)
for the development of a research and development/office
complex went out the first of May, with July 17, 1984, as
the submission deadl ine. Equidon Investment Builders has
proposed the development of a high-quality, mixed use
research and development/office complex totaling 342,300
square feet of building space. Included in the proposal is
a three-story "landmark" office building on the corner of
Harbor and McFadden, as well as 38,800 square feet of
financial, restaurant and supportive retail space along the
Harbor Boulevard frontage.
The Project Manager then introduced Mr. Kevin Hansen, Vice
President of Equidon, to give a slide presentation.
After a brief discussion, a motion was made by Mrs.
McGuigan, seconded by Mr. Acosta and carried unanimously to
grant a 180-day exclusive right to negotiate to Equidon
Investment Builders for development of the Harbor/McFadden
site.
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RESOLUTION AUTHORIZING THE ISSUANCE OF TAX ALLOCATION BONDS
IN THE SOUTH MAIN STREET REDEVELOPMENT PROJECT
A motion was made by Mr. Johnson, seconded by Mrs. McGuigan
and carried unanimously to adopt Resolution 84-17: A
RESOLUTION OF THE SANTA ANA REDEVELOPMENT AGENCY AUTHORIZING
THE ISSUANCE OF TAX ALLOCATION BONDS OF SAID AGENCY IN A
PRINCIPAL AMOUNT NOT TO EXCEED TWENTY MILLION DOLLARS
($20,000,000) TO FINANCE A PORTION OF THE COST OF A
REDEVELOPMENT PROJECT KNOWN AS THE SOUTH MAIN STREET
REDEVELOPMENT PROJECT.
EXECUTIVE SESSION
At 6:13 P.M., the Redevelopment Agency adjourned to an
Executive Session. The meeting was reconvened at 7:05 P.M"
with the same members present.
ADJOURNMENT
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There being no further business to come before the Agency,
the meeting was adjourned at 7:08 P.M., to Tuesday,
September 25, 1984, at 7:00 P.M.
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