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3/25/2008 - City Council Minutes - CC Minutes Reg Meeting APPROVED BY THE DIRECTORS ON APRIL 8, 2008 ORANGE REDEVELOPMENT AGENCY ORANGE, CALIFORNIA MINUTES OF A REGULAR MEETING March 25, 2008 The Orange Redevelopment Agency of the City of Orange, California convened on March 25, 2008 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. CONSENT CALENDAR 3.1 Request Agency confirmation of warrant registers dated February 14 and 21, 2008. ACTION: Approved. 3.2 Request approval of Redevelopment Agency Minutes, Regular Meeting March 11, 2008. (RC2500.D.4) ACTION: Approved. MOTION - SECOND - AYES Murphy Smith 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 1 ORANGE REDEVELOPMENT AGENCY MINUTES March 25,2008 7. ADMINISTRATIVE REPORTS 7.1 Acquisition of two City-owned properties by the Orange Redevelopment Agency for redevelopment purposes. (RA2100.0 Agr-5252-5253) (See related City Council Minutes Item No. 7.4) SUMMARY: Proposed are Purchase and Sale Agreements for the acquisition and transfer of two City-owned properties to the Orange Redevelopment Agency for redevelopment purposes. RESOLUTION NO. ORA-0482 A Resolution of the Orange Redevelopment Agency approving the Acquisition from the City of Orange of that certain City-owned real property located at 154 South Grand Street in the City of Orange. RESOLUTION NO. ORA-0483 A Resolution of the Orange Redevelopment Agency approving the Acquisition from the City of Orange of that certain City-owned real property commonly known as the Lemon Street Parking Lot. MOTION - Dumitru SECOND - Murphy AYES - Smith, Murphy, Cavecche, Dumitru, Bilodeau Moved to: 1) Adopt Resolution No. ORA-0482; 2) Adopt Resolution No. ORA-0483; 3) Authorize the transfer of $3,445,000 from unappropriated reserves in the Merged Debt Service Fund (Fund 987) to Merged Capital Projects Fund (Fund 940) and appropriate funds in the amount of $3,010,00 to Account 940-9800-481102-9228 (Lemon St. Parking Lot project) and $435,000 to Account 940-9800-481102-9229 (South Grand St. Parking Lot project); and 4) Appropriate $95,000 from the unreserved fund balance of the Merged Capital Projects Fund (Fund 940) to Account 940-9800-424500-9228 (Lemon St. Parking Lot project) in the amount of $50,000; and to account 940-9800-424500-9229 (South Grand St. Parking Lot project) in the amount of $45,000. FISCAL IMP ACT: Sufficient funds are available for this project in the Merged Debt Service Fund (Fund (987). PAGE 2 ORANGE REDEVELOPMENT AGENCY MINUTES March 25,2008 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. 10. ADJOURNMENT - the Agency adjourned at 6:30 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 March 25, 2008 at Orange Civic Center kiosk, Police facility at 1107 North Batavia, and the Main Public 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. ~ ti ~E.~ AGENCY CLERK " PAGE 3