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6/10/2003 - City Council Minutes - CC Minutes Reg Meeting APPROVED BY THE DIRECTORS ON JUNE 24, 2003 ORANGE REDEVELOPMENT AGENCY ORANGE, CALIFORNIA MINUTES OF A REGULAR MEETING June 10,2003 4:30 P.M. SESSION The Orange Redevelopment Agency of the City of Orange, California convened on June 10, 2003 at 4:30 p.m. in a Regular Meeting in the Council Chambers, 300 E. Chapman Avenue, Orange, California. 1. ROLLCALL PRESENT - Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche ABSENT - None 2. PUBLIC COMMENTS - None. 3. CONSENT CALENDAR 3.1 Declaration of the Clerk of the Orange Redevelopment Agency, Cassandra J. Cathcart, declaring posting of Orange Redevelopment Agency Agenda of a regular meeting of June 10, 2003 at Orange Civic Center, Main Library at 101 N. Center Street, Police facility at 11 07 North Batavia, Shaffer Park, and available on the City's website www.cityoforange.org, all of said locations being in the City of Orange and freely accessible to members of the public at least 72 hours before commencement of said regular meeting. ACTION: Accepted Declaration of Agency Posting and authorized its retention as a public record in the Office of the City Clerk. 3.2 Request Agency confirmation of warrant registers dated May 15, 22, 29, 2003. ACTION: Approved. 3.3 Request approval of Redevelopment Agency Minutes, Regular Meeting, May 27, 2003. ACTION: Approved. 3.4 Development Agreement by and between the City of Orange and Citadel Properties Orange, LLC. (RA2100.0 AGR-4299) SUMMARY: Development Agreement between the City of Orange and Citadel Properties Orange, LLC to secure long-term entitlements for the phased development of two medical office buildings totaling 217,000 square feet in area. The subject site is located approximately 1,000 feet east of Main Street on the south side of La Veta Avenue (site address: 1000 W. La Veta Avenue) PAGE 1 ORANGE REDEVELOPMENT AGENCY MINUTES June 10, 2003 3. CONSENT CALENDAR (Continued) ACTION: Recommended approval of the Development Agreement by and between the City of Orange and Citadel Properties Orange, LLC. FISCAL IMP ACT: Approval of the Development Agreement will result in additional revenue to the City's General Fund because it requires the applicant to pay, for three years, the share of property taxes which the City would otherwise receive if the applicant (a for-profit entity) were to transfer the property to a tax-exempt entity (estimated total $51,000). Applicant will also file necessary paper work for the City to be the point of sales for construction and tenant improvements for the new buildings (estimated total $260,000). MOTION SECOND AYES - Coontz - Alvarez - Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche All items on the Consent Calendar were approved as recommended. END OF CONSENT CALENDAR ******** 4. REPORTS FROM DIRECTORS - None. 5. REPORTS FROM BOARDS, COMMITTEES, AND COMMISSIONS - None. 6. REPORTS FROM EXECUTIVE DIRECTOR - None. 7. ADMINISTRATIVE REPORTS - None. 8. LEGAL AFFAIRS - None. 9. RECESS TO CLOSED SESSION The Agency recessed at 5:27. The Agency did not meet in Closed Session. a. To consider and take possible action upon such other matters as are orally announced by the General Counsel, Executive Director of the Board of Directors prior to such recess unless the motion to recess indicates any of the matters will not be considered in Closed Session. PAGE 2 '--,--- ORANGE REDEVELOPMENT AGENCY MINUTES June 10, 2003 7:00 P.M. SESSION 10. PUBLIC COMMENTS - None. 11. PUBLIC HEARINGS 11.1 ORANGE REDEVELOPMENT AGENCY 2003-04 FISCAL YEAR BUDGET (C2500.J.1.1) Time set for public hearing to consider adoption of the 2003-04 Fiscal Year Orange Redevelopment Agency Budget. (See Council Minutes Item No. 13.1 for discussion) CHAIRMAN MURPHY OPENED THE PUBLIC HEARING. THERE BEING NO SPEAKERS, CHAIRMAN MURPHY CLOSED THE PUBLIC HEARING. Agencv Action: RESOLUTION NO. ORA-0425 A Resolution of the Orange Redevelopment Agency adopting said Agency's Budget for the Fiscal Year 2003-04 and relating to transfers of funds between and within appropriations, transfers between funds and additional appropriations. MOTION - Coontz SECOND - Alvarez AYES - Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche Moved to adopt Resolution No. ORA-0425. 11.2 JOINT PUBLIC HEARING WITH THE ORANGE CITY COUNCIL, PROPOSED FIRST AMENDMENT TO DISPOSITION AND DEVELOPMENT AGREEMENT AMONG THE CITY, REDEVELOPMENT AGENCY AND ORANGE HOUSING DEVELOPMENT CORPORATION (RA2100.0 AGR-4123.1) Time set for a joint public hearing pursuant to the California Community Redevelopment Law (Health and Safety Code, Section 33000, et seq.) for the purpose of considering the proposed conveyance of property and provision of financial assistance to Orange Housing Development Corporation. In September 2002, the Orange City Council and Redevelopment Agency Board of Directors approved a Disposition and Development Agreement with the Orange Housing Development Corporation (OHDC) for the sale of Agency-owned property and the development of a six unit affordable senior housing project on property located north of La Veta Avenue between Olive Street and Lemon Street. The proposed amendment to the Agreement reflects a change in the Agency loan amount. PAGE 3 ORANGE REDEVELOPMENT AGENCY MINUTES June 10, 2003 11. PUBLIC HEARINGS (Continued) (See Council Minutes Item No. 13.4) Agencv Action: RESOLUTION NO. ORA-0426 A Resolution of the Orange Redevelopment Agency approving a First Amendment to Disposition and Development Agreement by and among the City of Orange, the Orange Redevelopment Agency and Orange Housing Development Corporation regarding property located north of La Veta Avenue between Olive Street and Lemon Street and making certain findings. MOTION - Cavecche SECOND - Murphy AYES - Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche Moved to adopt Resolution No. ORA-0426. 12. ADJOURNMENT MOTION - Cavecche SECOND - Ambriz AYES - Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche The Orange Redevelopment Agency adjourned at 8:33 p.m. (!P4J~f~H --1-JAf CASSANDRA CATHCART, CLERK OF THE REDEVELOPMENT AGENCY M:!JA:./!JtLAN OF THE REDEVELOPMENT AGENCY PAGE 4 .. ----...T-...--.....