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9/14/2004 - City Council Minutes - CC Minutes Reg Meeting APPROVED BY THE DIRECTORS ON SEPTEMBER 28, 2004 ORANGE REDEVELOPMENT AGENCY ORANGE, CALIFORNIA MI UTES OF A REGULAR MEETING September 14, 2004 4:30 P.M. SESSION The Orange Redevelopment Agency of the City of Orange, Califomia convened on September 14, 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 - 2. PUBLIC COMMENTS - None. 3. CONSENT CALENDAR 3.1 Declaration of the Clerk of the Orange Redevelopment Agency, Mary E. Mnrphy, declaring posting of Orange Redevelopment Agency Agenda of a regular meeting of September 14, 2004 at Orange Civic Center north facing kiosk, Police facility at 1107 North Batavia, 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; and available at the Civic Center City Clerk's Office and Main Public Library at 101 N. Center Street. 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 August 19, 26 and September 2, 2004. ACTION: Approved. 3.3 Request approval of Redevelopment Agency Minutes, Regular Meeting, August 24, 2004. (RC2500.D.4) ACTION: Approved, MOTION - SECOND - AYES Alvarez Ambriz Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche All items on the Consent Calendar were approved as recommended. END OF CONSENT CALENDAR PAGE 1 ORANGE REDEVELOPMENT AGENCY MINUTES September 14, 2004 4. REPORTS FROM DIRECTORS - None. 5. REPORTS FROM BOARDS, COMMITTEES, AND COMMISSIONS - None. 6. REPORTS FROM EXECUTIVE DIRECTOR - None. 7. ADMINISTRATIVE REPORTS 7.1 Development Agreement by and between the City of Orange and CA-The City Limited Partnership (RA2100.0 Agr-4545) SUMMARY: The applicant, CA-The City Limited Partnership (herein referred to interchangeably as "Equity Office Properties" or "EOP") is requesting approval of a Development Agreement that will have the effect of giving EOP a vested right to develop the following: 1) a lO-story, 200,000 sq. ft. office building and a 5-level, 1,528 space parking structure on a 6.36 acre parcel located at the northeast comer of Metropolitan Road and Lewis Street; and 2) a 19-story, 360,000 sq. ft. office building and a 6-level, 2,720 space parking structure on a 12.20 acre parcel located approximately 600 feet east of Lewis Street on the north' side of Metropolitan Road, herein referred to as the 605 and City Plaza Two Projects, respectively. (See City Council Minutes Item No,14.1) (Note: this item was heard at the 7:00 p.m. Session) MOTION- SECOND- AYES Chairman Murphy Coontz Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche ACTION: Recommend the City Council approve the Development Agreement between the City of Orange and CA- The City Limited Partnership. FISCAL IMPACT: Approving the Development Agreement and implementation of the projects will not have an adverse impact on the City's General Fund for the following reasons: 1. The two projects are subject to fees so that the cost of the on-site and public improvements related to site development shall be borne by the applicant and/or site developer. 2. The applicant/developer shall assign sales tax point of sales locations to the City of Orange so that the City will receive assignment of the local allocation of sales tax (this applies to taxable purchases related to the construction of the new office buildings and installation of new office equipment), In addition, approval of the Development Agreement will facilitate implementation of expansion plans for The Block at Orange approved earlier this year, Once completed, it is estimated local sales tax revenue generated from The Block expansion will be an additional $1.2 million per year, and annual property tax increment revenue will be an additional $1 million per year beyond what is currently being generated from the project. PAGE 2 ORANGE REDEVELOPMENT AGENCY MINUTES September 14, 2004 8. LEGAL AFFAIRS -None. 9. RECESS TO CLOSED SESSION The Agency recessed to Closed Session at 5 :40 p.m, a. Conference With Legal Counsel--Existing Litigation (Subdivision (a) of Section 54956,9 ofthe California Government Code) Name of case: In re Global Van Lines, Inc, et aL (United States Bankruptcy Court, Central District of California, Santa Ana Division Case No, SA 00-10336 RA, jointly administered with SA 00-10340 RA; SA 00-10341 RA; SA 00-10342 RA; SA 00-10343 RA; SA 00-10344 RA; SA 00-10345 RA; and SA 00-10346 RA). b. 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. 10. ADJOURNMENT - The agency adjoumed at 8:45 p.m. ~~ AG NCYCLERK [11~ MARKA.MURP CHAIRM ---"""'~'._"-'-"--~--"-'T----~"-"--"'. .,.,------.-----..-.-..----.---------.-----.....---.