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2/10/2004 - City Council Minutes - CC Minutes Reg Meeting APPROVED BY THE DIRECTORS ON FEBRURA Y 24, 2004 ORANGE REDEVELOPMENT AGENCY MINUTES ORANGE CALIFORNIA OF A REGULAR MEETING February 10, 2004 4:30 P.M. SESSION The Orange Redevelopment Agency of the City of Orange, California convened on February 10, 2004 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 3. CONSENT CALENDAR 3.1 Declaration of the Clerk of the Orange Redevelopment Agency, Mary E. Murphy, declaring posting of Orange Redevelopment Agency Agenda of a regular meeting of February 10, 2004 at Orange Civic Center, City Clerk's Office, north facing kiosk, Main Library at 101 N. Center Street, Police facility at 1107 North Batavia and Shaffer Park; 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 January 22 and 29, 2004. ACTION: Approved. 3.3 Request approval of Redevelopment Ageucy Minutes, Regular Meeting, January 27,2004. ACTION: Approved. MOTION SECOND AYES - Coontz - Ambriz - Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche All items on the Consent Calendar were approved. END OF CONSENT CALENDAR ******* PAGE 1 ORANGE REDEVELOPMENT AGENCY MINUTES February 10, 2004 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 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. 7:00 P.M. SESSION 10. PUBLIC COMMENTS - None. 11. PUBLIC HEARINGS - None. 12. PLANNING AND ENVIRONMENT 12.1 Development Agreement by and between the City of Orange and Orange City Mills Limited Partnership, a Delaware Limited Partnership (Continued from Januarv 13. 2004 and January 27. 2004) SUMMARY: Development Agreement between the City of Orange and Mills Corporation to secure long-term entitlements for the phased expansion of The Block at Orange. The subject site is generally bounded by Chapman Avenue on the north, Garden Grove Freeway (SR-22) on the south, Lewis Street on the west, and The City Drive on the east. (See Council Minutes, Item No. 13.1) MOTION SECOND AYES - Murphy - Ambriz - Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche ACTION: Recommended approval of the Development Agreement by and between the City of Orange and Orange City Mills Limited Partnership, a Delaware Limited Partnership, with modified language to development agreement. FISCAL IMP ACT: Approval of the Development Agreement, and subsequent project implementation, will result in additional revenue to the City and Redevelopment Agency. At build-out, the project will generate over $7 million in development fees, over $1 million annual sales and transient occupancy tax revenue and $1 million in annual property tax increment PAGE 2 ORANGE REDEVELOPMENT AGENCY MINUTES February 10, 2004 12. PLANNING AND ENVIRONMENT (Continued) revenue above what is being generated at present. The applicant will also file necessary paper work for the city to be the point of sale for construction and tenant improvements for the new buildings, which will also generate additional sales tax revenue. 12.2 Amendments to an existing Disposition and Development Agreement and Restrictive Covenant and Declaration of Covenants, Conditions, Restrictions and Easements with Orange City Mills Limited Partnership related to the expansion of The Block at Orange. SUMMARY: The proposed amendments are necessitated by a proposal to reconfigure and expand The Block at Orange by constructing additional improvements beyond those approved and described in a Disposition and Development Agreement and related documents approved on September 10, 1996. The proposed amendments will acknowledge and accommodate these additional improvements. (See Council Minutes, Item No. 14.1) MOTION SECOND AYES - Coontz - Alvarez - Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche ACTION: I) Approved the First Amendment to Disposition and Development Agreement by and between the Orange Redevelopment Agency and Orange City Mills Limited Partnership; 2) Approved the First Amendment to Restrictive Covenant and Declaration of Covenants, Conditions, Restrictions and Easements executed by Orange City Mills Limited Partnership in favor ofthe Orange Redevelopment Agency and the City of Orange; and 3) Authorized the Chairman to execute, and the Agency Clerk to attest, those documents on behalf of the Agency. FISCAL IMPACT: None 13. ADJOURNMENT MOTION SECOND AYES - Coontz - Alvarez - Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche The Orange Redevelopment Agency adjourned at 7:45 p.m. The next regular meeting Orange Redevelopment Agency meeting is scheduled for February 24,2004. J~~4 OF THE REDEVELOPMENT AG CY /It/Pic fN~ MARK A. MURPHY, C ' AN OF THE REDEVELOPMENT AGENCY PAGE 3