HomeMy WebLinkAbout01 - MINUTES 12-06-2010MINUTES OF THE REGULAR MEETING OF THE
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF SANTA ANA, CALIFORNIA
DECEMBER 6, 2010
CLOSED SESSION
CALLED TO ORDER
CITY HALL, 8T" FLOOR, ROOM 831
20 CIVIC CENTER PLAZA
SANTA ANA, CA
5:13 P.M.
ATTENDANCE COUNCILMEMBERS Present:
MIGUEL PULIDO, Mayor (5:35 P.M.)
CLAUDIA ALVAREZ, Mayor Pro Tem
P. DAVID BENAVIDES
CARLOS BUSTAMANTE
VINCENT F. SARMIENTO
SAL TINAJERO
COUNCILMEMBERS Absent:
MICHELE MARTINEZ
PUBLIC COMMENTS -None
STAFF Present:
DAVID N. REAM, City Manager
JOSEPH W. FLETCHER, City Attorney
MARIA D. HUIZAR, Clerk of the Council
Joint City/Community Redevelopment Agency Items
2A CONFERENCE WITH LEGAL COUNSEL--EXISTING LITIGATION
pursuant to Government Code Section 54956.9(a)
Friends Of The Lacy Historic Neighborhood v. City Of Santa Ana, et al;
Orange County Superior Court Case No: 30-2010-00388033-CU-WM-CX
ADJOURNED THE CLOSED SESSION MEETING AT 6:23 P.M. AND CONVENED
TO THE REGULAR OPEN MEETING
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CRA MINUTES 1 DECEMBER 6, 2010
REGULAR OPEN MEETING
CALLED TO ORDER COUNCIL CHAMBER
22 CIVIC CENTER PLAZA
SANTA ANA, CA
8:02 P.M.
ATTENDANCE: AGENCY MEMBERS Present:
CLAUDIA ALVAREZ, Vice Chair
P. DAVID BENAVIDES
VINCENT F. SARMIENTO
CARLOS BUSTAMANTE
SAL TINAJERO
AGENCY MEMBERS Absent:
MIGUEL PULIDO, Chair
MICHELE MARTINEZ
STAFF Present:
CYNTHIA J. NELSON, Executive Director
JOSEPH FLETCHER, Agency Counsel
MARIA D. HUIZAR, Recording Secretary
PUBLIC COMMENTS -None
CONSENT CALENDAR
MOTION: Approve staff recommendations on Consent Calendar Items 1
through 4.
MOTION: Sarmiento
VOTE:
AYES:
NOES:
ABSTAIN:
ABSENT:
SECOND: Bustamante
Alvarez, Benavides, Bustamante, Sarmiento, Tinajero
(5)
None (0)
None (0)
Martinez, Pulido (2)
1. MINUTES OF THE REGULAR MEETING OF NOVEMBER 15, 2010
MOTION: Approve Minutes.
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CRA MINUTES 2 DECEMBER 6, 2010
2. EXCUSED ABSENCES
MOTION: Excuse Chair Pulido and Agency Member Martinez.
3. QUARTERLY REPORT OF CONTRACTS ENTERED INTO BY THE EXECUTIVE
DIRECTOR
MOTION: Receive and file the Quarterly Report of Contracts entered into
between July 1 and September 30, 2010, valued at $25,000 and less.
4. AMENDMENT TO AGREEMENT FOR BUILDING SURVEYS WITH SAPPHOS
ENVIRONMENTAL, INC.
MOTION: Direct Agency General Counsel to prepare and authorize the
Executive Director and Agency Secretary to execute an amendment with
Sapphos Environmental, Inc. for an additional $98,942.21 for a total not to
exceed $183,772.31 for preparation of a Historic Assessment Report.
*** END OF CONSENT CALENDAR ***
JOINT SESSIONS OF THE CITY COUNCIL, COMMUNITY REDEVELOPMENT
AGENCY, AND SANTA ANA FINANCING AUTHORITY
5. RESOLUTIONS APPROVING PURCHASE, ISSUANCE AND SALE OF TAX
ALLOCATION BONDS AND TAXABLE RECOVERY ZONE ECONOMIC
DEVELOPMENT BONDS AND APPROVING RELATED DOCUMENTS AND
ACTIONS
CITY COUNCIL ACTION
MOTION: Adopt a resolution.
RESOLUTION NO. 2010-060 - A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA ANA APPROVING THE ISSUANCE AND SALE OF TAX
ALLOCATION BONDS OF THE COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF SANTA ANA TO FINANCE AND REFINANCE REDEVELOPMENT
ACTIVITIES WITHIN OR FOR THE BENEFIT OF THE AGENCY'S MERGED
PROJECT AREA
COMMUNITY REDEVELOPMENT AGENCY ACTION
MOTION: 1 - 3
CRA MINUTES 3 DECEMBER 6, 2010
1. Adopt a resolution.
CRA RESOLUTION NO. 2010-05 - A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA
AUTHORIZING THE ISSUANCE AND SALE OF TAX ALLOCATION
BONDS TO FINANCE AND REFINANCE REDEVELOPMENT ACTIVITIES
WITHIN OR FOR THE BENEFIT OF THE AGENCY'S MERGED PROJECT
AREA AND APPROVING RELATED DOCUMENTS AND ACTIONS
2. Authorize the payment of the credit rating fee to Standard and Poors in
an amount not to exceed $27,000.
3. Authorize the payment of the credit rating fee to Fitch Ratings in an
amount not to exceed $30,000.
4. Authorize the payment of fees to Keyser Marston Associates, Inc. for
preparation of the Fiscal Consultant Report and related services in an
amount not to exceed $35,000.
5. Direct the Agency General Counsel to prepare and authorize the
Executive Director and Agency Secretary to execute agreements with
the financing team composed of financial advisor CSG Advisors,
Incorporated (up to $85,000 plus expenses), underwriters Stone and
Youngberg and De La Rosa & Co. (expected $6.00-$6.25 per $1,000 of
bonds, approximately $470,000), bond counsel Quint & Thimmig (up to
$110,000 plus expenses), and special disclosure counsel Stradling,
Yocca, Carlson & Rauth (up to $90,000 plus expenses), subject to non-
substantive changes approved by the Executive Director and Agency
General Counsel.
SANTA ANA FINANCING AUTHORITY
MOTION; Adopt a resolution.
SAFA RESOLUTION NO. 2010-002 - A RESOLUTION OF THE GOVERNING
BOARD OF THE SANTA ANA FINANCING AUTHORITY AUTHORIZING THE
PURCHASE AND SALE OF TAX ALLOCATION BONDS OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA ISSUED TO
FINANCE REDEVELOPMENT ACTIVITIES WITHIN OR FOR THE BENEFIT OF
THE AGENCY'S MERGED PROJECT AREA AND APPROVING RELATED
DOCUMENTS AND ACTIONS
MOTION: Sarmiento SECOND: Benavides
VOTE: AYES: Alvarez, Benavides, Bustamante, Sarmiento,
Tinajero (5)
CRA MINUTES 4 DECEMBER 6, 2010
NOES: None (0)
ABSTAIN: None (0)
ABSENT: Martinez, Pulido (2)
COMMENTS
6. AGENCY MEMBER COMMENTS -None
ADJOURNED - 8:02 P.M.
Maria D. Huizar,
Recording Secretary
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CRA MINUTES 5 DECEMBER 6, 2010
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