HomeMy WebLinkAbout05/05/1997
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MINUTES OF THE ADJOURNED REGULAR MEETING OF
THE COMMUNITY REDEVELOPMENT AGENCY
SANTA ANA, CALIFORNIA
MAY 5, 1997
CALLED TO ORDER
6:56 P.M.
ATTENDANCE
Motion:
MINUTES:
Motion:
REDEVELOPMENT AGENCY MEMBERS
Present:
MIGUEL A. PULIDO, Chairman (7:00 p.m.)
ROBERT L. RICHARDSON, Vice Chairman
TONY ESPINOZA
BRETT FRANKLIN
TOM LUTZ
PATRICIA MCGUIGAN
TED R MORENO
Absent:
None
STAFF
Present:
DAVID N. REAM, ci ty Manager
DEBRA KURITA, Assistant City Manager
JOSEPH W. FLETCHER, City Attorney
CYNTHIA NELSON, Executive Director
CONSENT CALENDAR
Approve staff recommendations on the following Consent
Calendar items.
MOTION:
McGuigan
SECOND:
Lutz
VOTE:
AYES: Espinoza, Franklin, Lutz, McGuigan, Moreno,
Richardson
NOES: None
ABSENT:
Pulido
ADMINISTRATIVE MATTERS
Approve the Minutes of the Adjourned Regular Meeting of the
Community Redevelopment Agency held on April 21, 1997 and
Minutes of the Regular Meeting of the Community Redevelopment
Agency held on April 15, 1997.
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RECORDING SECRETARY REPORT
Motion:
Instruct the Recording Secretary to enter notice of posting
into the Minutes.
The April 21, 1997 Agenda for the Adjourned Regular Meeting
of the Community Redevelopment Agency was posted on the door
of the Council Chambers, 22 Civic Center Plaza at 2:40 p.m.
on April 16, 1997.
The Notice of Adjournment for the April 15, 1997 Community
Redevelopment Agency Regular Meeting was posted on the door
of the Council Chambers, 22 civic Center Plaza at 5:32 p.m.
on April 15, 1997.
Chairman Pulido returned at 7:00 p.m.
BUSINESS CALENDAR
1.
LEONARD AND MICHELLE BARTH - AMENDMENT OF LOAN TERMS
(Continued from March 3, 1997 by a 7/0 vote and April 7, 1997 by a
7/0 vote)
Motion:
Direct the Agency Attorney to prepare, and authorize the
Executive Director to execute, any necessary documents
amending the terms of the Direct Commercial Rehabilitation
Loan with Leonard and Michelle Barth.
MOTION:
McGuigan
SECOND:
Lutz
Executive Director Cindy Nelson and Administrative Services Manager John
Reekstin presented the staff report and answered Agency Member Moreno's
inquiries regarding the loan.
Substitute
Motion: Direct the Agency Attorney to prepare, and authorize the
Executive Director to execute, any necessary documents
amending the terms of the Direct Commercial Rehabilitation
Loan with Leonard and Michelle Barth, with the following
provisions: The Agency will sell its Note to the Barth's new
lender for $50,000, and; Agency staff will attempt to secure
a new Note in third position behind the First Trust Deed
holder and the new lender for the remaining principal balance
of the current Agency Note.
MOTION:
Espinoza
Moreno
SECOND:
VOTE:
AYES: Espinoza, Franklin, Lutz, McGuigan, Moreno,
Pulido, Richardson
NOES: None
ABSENT:
None
REDEVELOPMENT AGENCY MINUTES
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MAY 5, 1997
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2.
REQUEST TO ENTER INTO EXCLUSIVE NEGOTIATIONS WITH SECOND STREET
EAST, LLC FOR THE REHABILITATION OF ARTIST STUDIOS LOCATED AT 202
EAST SECOND STREET
Chairman Pulido comm'~nted on his potential conflict of interest due to
the location of his business and departed at 7:11 p.m. vice Chairman
Richardson then took charge of this portion of the meeting.
Executive Director Cindy Nelson made staff presentation, followed by a
brief project overview by Arthur Strock.
Three written comments of support were received from Tim Rush, Joan
Ramirez, and Don Cribb; and Matthew Cruz commented on his support of
project.
Florence Leach requested Agency not vote on proposal but to defer
pending appraisal.
Sean Mill requested Agency deny action as it is an excessive risk.
Substitute
Motion: To deny request for terms for a Commercial Rehabilitation
Loan Agreement.
MOTION:
Moreno
SECOND:
Espinoza
VOTE:
AYES: Moreno, Espinoza
NOES: Franklin, Lutz, McGuigan, Richardson
ABSENT:
Pulido
The Substitute Motion failed.
Motion:
Authorize the Executive Director of the Redevelopment Agency
to negotiate with Second Street East, LLC the terms for a
Commercial Rehabilitation Loan Agreement in an amount not to
exceed $750,000 for artists' studios located at 202 East
Second Street.
MOTION:
Franklin
Lutz
SECOND:
VOTE:
AYES: Franklin, Lutz, MCGuigan, Richardson
NOES: Espinoza, Moreno
ABSENT:
Pulido
ORAL COMMUNICATIONS/PUBLIC COMMENTS
None
p.m.
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Cynth~a J. N~son, Executive Director
REDEVELOPMENT AGENCY MINUTES
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MAY 5, 1997