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4/24/2007 - City Council Minutes - CC Minutes Reg Meeting APPROVED BY THE DIRECTORS ON MAY 8, 2007 ORANGE REDEVELOPMENT AGENCY ORANGE, CALIFORNIA MINUTES OF A REGULAR MEETING April 24, 2007 The Orange Redevelopment Agency of the City of Orange, California convened on April 24, 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 - ABSENT - Smith, Murphy, Cavecche, Dumitru, Bilodeau None 2. PUBLIC COMMENTS - NONE. 3.1 Request Agency confirmation of warrant registers dated AprilS and 12, 2007. ACTION: Approved. 3.2 Request approval of Redevelopment Agency Minutes, Regular Meeting, of April 10, 2007. (RC2S00.D.4) ACTION: Approved. MOTION - SECOND - AYES Dumitru Murphy Smith, Murphy, Cavecche, Dumitru, Bilodeau 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. Page I ORANGE REDEVELOPMENT AGENCY MINUTES April 24, 2007 7. ADMINISTRATIVE REPORTS 7.1 Report from the Public Works Director and Economic Development Director - Cooperation and Reimbursement Agreement between the City of Orange and the Orange Redevelopment Agency relating to certain Traffic Signal Improvements at the intersection of Manchester Avenue and Compton Avenue (RA2100.0 Agr-S067) (See related City Council Minutes Item 7.1) SUMMARY: The Cooperation and Reimbursement Agreement provides for Agency reimbursement to the City of Orange of the Agency costs incurred for certain traffic signal improvements at the intersection of Manchester A venue and Compton A venue in an amount not to exceed $200,000. RESOLUTION NO. ORA-0463 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 a Traffic Signal Installation at Manchester Avenue and Compton Avenue within the Orange Merged and Amended Redevelopment Project Area. MOTION - Smith SECOND - Murphy AYES - Smith, Murphy, Cavecche, Bilodeau NOES - Dumitru MOVED TO: Adopt Resolution No. ORA-0463; and Appropriate $200,000 from the unreserved fund balance of the Northwest and Southwest Merged 2003 Tax Exempt Bonds Fund to account 943-9800-483100-6004 (Manchester Traffic Signal). FISCAL IMPACT: Sufficient funds are available in the Northwest and Southwest Merged 2003 Tax Exempt Bonds Fund for these projects. 7.2 Report from Economic Development Director - Property Improvement Loan Agreement between the Orange Redevelopment Agency and Wallace C. and Mary R. Zirkle, Trustees of the Zirkle Family Trust for fa~ade improvements to commercial property located at 177 N. Glassell Street (RA2100.0 Agr-5068) SUMMARY: An Orange Redevelopment Agency loan in the amount of $212,325.00 to Wallace C. and Mary R. Zirkle, Trustees of the Zirkle Family Trust in accordance with the criteria set forth in the Small Business Assistance Program and the terms of the Property Improvement Loan Agreement. Page 2 ORANGE REDEVELOPMENT AGENCY MINUTES April 24, 2007 7. ADMINISTRATIVE REPORTS Discussion - Project Manager, Barbara Messick gave a brief staff report and in response to a question by Mayor Cavecche she stated that this was reviewed by the Planning Commission rather than the Design Review Committee (DRC) due to the close proximity of the project to DRC committee members' businesses. Councilmember Smith stated she did not like the metal awning in front; however, saw the similarity to the Jensen Building's awning; and that she recognized the bookend idea. She added that she has known the Zirkle family for many years and appreciated that the restoration will preserve the historic property, stating her desire to see the north side of the building restored. MOTION SECOND AYES Smith Dumitru Smith, Murphy, Cavecche, Dumitru, Bilodeau MOVED TO: Approve the Property Improvement Loan Agreement and authorize the Chair to execute and the Agency clerk to attest the agreement. FISCAL IMPACT: This agreement will result. in the expenditure of $212,325.00 of Redevelopment Agency tax increment funds (Fund 940) in the form of a loan. Sufficient funds are available in account number 940-9800-485702-9874 (Orange Small Business Assistance Programs). 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 ofthe matters will not be considered in Closed Session. 10. ADJOURNMENT - The Agency adjourned at 5:45 p.m. Declaration of the Clerk of the Orange Redevelopment Agency, Mary E. Murphy, declaring posting of Orange Redevelopment Agency Agenda of a regular meeting of April 24, 2007 at Orange Civic Center kiosk, Police facility at 1107 North Batavia, Main Library at 407 E. Chapman; 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. {It zt'~~^-~ MA . URPHY~- AGENCY CLERK Page 3