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1/23/2007 - City Council Minutes - CC Minutes Reg Meeting APPROVED BY THE DIRECTORS ON FEBRUARY 13,2007 ORANGE REDEVELOPMENT AGENCY ORANGE, CALIFORNIA MINUTES OF A REGULAR MEETING January 23, 2007 The Orange Redevelopment Agency of the City of Orange, California convened on January 23, 2007 at 4:30 p.m. in a Regular Meeting in the Council Chambers, 300 E. Chapman Avenue, Orange, California. 4:30 P.M. SESSION 1. ROLL CALL PRESENT - Smith, Murphy, Cavecche, Dumitru, Bilodeau ABSENT - None. 2. PUBLIC COMMENTS - NONE. 3. CONSENT CALENDAR 3.1 Request Agency confirmation of warrant registers dated January 4 and 11,2007. ACTION: Approved. 3.2 Request approval of Redevelopment Agency Minutes of January 9, 2007. ACTION: Approved. 3.3 Amended and Restated Promissory Note by and between the Orange Redevelopment Agency and David A. Valentine and Patricia A. Valentine. (Continued from January 9, 2007) (RA2100.0 Agr-2037X.0.B.A) SUMMARY: Proposed Amended and Restated Promissory Note for repayment of a commercial rehabilitation loan in the amount of$99,412.58. ACTION: Approved the Amended and Restated Promissory Note by and between the Agency and David A. Valentine and Patricia A. Valentine; and authorized the Chairman and Agency Clerk to execute the Promissory Note on behalf ofthe Agency. NOTE: This Promissory Note was subsequently paid in full on January 29, 2007 and no Amended and Restated Note was executed. FISCAL IMPACT: The Agency will receive one-half (or $49,706.29) of the principal balance of the Amended and Restated Promissory Note upon execution and delivery thereof by Mr. and Mrs. Valentine. The outstanding balance will be repaid in monthly installment payments until the loan matures in February 2012. MOTION - Murphy SECOND - Dumitru AYES - Smith, Murphy, Cavecche, Dumitru, Bilodeau All items on the Consent Calendar were approved as recommended. END OF CONSENT CALENDAR PAGE 1 ORANGE REDEVELOPMENT AGENCY MINUTES January 23, 2007 4. REPORTS FROM DIRECTORS - None. 5. REPORTS FROM BOARDS, COMMITTEES, AND COMMISSIONS - None. 6. REPORTS FROM EXECUTIVE DIRECTOR - None. 7. ADMINISTRATIVE REPORTS 7.1 A Cooperation and Reimbursement Agreement between the Orange Redevelopment Agency and the City of Orange relating to certain street improvements located at the southeast and southwest corners of Glassell Street and Taft Avenue and the northeast corner of Taft Avenue and Tustin Street. (RA2100.0 Agr-5028) (See related City Council Minutes Item No. 7.3) SUMMARY: The Cooperation and Reimbursement Agreement provides for Agency reimbursement to the City of Orange of the Agency's share of costs incurred for certain street improvements located at the southeast and southwest corners of Glassell Street and Taft Avenue and the northeast corner of Taft Avenue and Tustin Street in an amount not to exceed $140,000. RESOLUTION NO. ORA-0460 A Resolution of the Orange Redevelopment Agency approving and authorizing the execution of a Cooperation and Reimbursement Agreement by and between the City of Orange and Orange Redevelopment Agency for certain street improvements within the Orange Merged and Amended Redevelopment Project Area. MOTION - Murphy SECOND - Smith AYES - Smith, Murphy, Cavecche, Dumitru, Bilodeau Moved to: I) Adopt Resolution No. ORA-0460; and 2) Appropriate $140,000 from the unreserved fund balance of the Northwest and Southwest Merged 2003 Tax Exempt Bonds Fund to account 943-9800-483300-5324 (Taft and Glassell Storm Drain Project) in the amount of $110,000 (for construction and administration); and to account 943-9800-483300-1334 (ADA Ramps Taft and Tustin) in the amount of$30,000 (for construction and administration). FISCAL IMPACT: Sufficient funds are available in the Northwest and Southwest Merged 2003 Tax Exempt Bonds Fund for these projects. PAGE 2 ORANGE REDEVELOPMENT AGENCY MINUTES January 23, 2007 7. ADMINISTRATIVE REPORTS (Continued) 7.2 A Cooperation and Reimbursement Agreement between the Orange Redevelopment Agency and the City of Orange relating to sidewalk improvements located on Lewis Street between Chapman Avenue and Metropolitan Drive. (RA2100.0 Agr-5029) (See related City Council Minutes Item No. 7.4) SUMMARY: The Cooperation and Reimbursement Agreement provides for Agency reimbursement to the City of Orange of the Agency's share of costs incurred for repair of sidewalk, curb and gutter on Lewis Street between Chapman Avenue and Metropolitan Drive in an amount not to exceed $60,000. RESOLUTION NO. ORA-0461 A Resolution of the Orange Redevelopment Agency approving and authorizing the execution of a Cooperation and Reimbursement Agreement by and between the City of Orange and the Orange Redevelopment Agency for certain sidewalk repairs within the Orange Merged and Amended Redevelopment Project Area MOTION SECOND AYES - Smith - Bilodeau - Smith, Murphy, Cavecche, Dumitru, Bilodeau Moved to: I) Adopt Resolution No. ORA-0461; and 2) Appropriate $60,000 from the unreserved fund balance of the Northwest and Southwest Merged 2003 Tax Exempt Bonds Funds to account 943-9800-483300-4703 (Redevelopment Agency - Lewis Street Concrete Sidewalk Replacement) in the amount of$60,000 for construction and administration. FISCAL IMPACT: Sufficient funds are available in the Northwest and Southwest Merged 2003 Tax Exempt Bonds Fund for these projects. 8. LEGAL AFFAIRS - None. 9. RECESS TO CLOSED SESSION NOTE: The Agency did not recess. 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 3. ORANGE REDEVELOPMENT AGENCY MINUTES January 23, 2007 10. ADJOURNMENT - the Agency adjourned at 7:30 p.m. The next Regular Redevelopment Agency meeting is scheduled for February 13, 2007. Declaration of the Clerk of the Orange Redevelopment Agency, Mary E. Murphy, declaring posting of Orange Redevelopment Agency Agenda of a regular meeting of January 23, 2007 at Orange Civic Center kiosk, Police facility at 11 07 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. ~~ MURPHY AGENCY CLERK . PAGE 4