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4/22/2008 - City Council Minutes - CC Minutes Reg Meeting APPROVED BY THE DIRECTORS ON MAY 13, 2008 ORANGE REDEVELOPMENT AGENCY ORANGE, CALIFORNIA MINUTES OF A REGULAR MEETING April 22, 2008 The Orange Redevelopment Agency of the City of Orange, California convened on April 22, 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 2. PUBLIC COMMENTS - NONE. 3. CONSENT CALENDAR 3.1 Request Agency confirmation of warrant registers dated April 3 and 10,2008. ACTION: Approved. 3.2 Request approval of Redevelopment Agency Minutes, Regular Meeting April 8, 2008. (RC2500.D.4) ACTION: Approved. MOTION - SECOND - AYES ABSENT - Cavecche Dumitru 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. 7. ADMINISTRATIVE REPORTS - None. PAGE 1 ORANGE REDEVELOPMENT AGENCY MINUTES April 22, 2008 8. LEGAL AFFAIRS - None. 9. PUBLIC HEARINGS 9.1 PROMISSORY NOTE BETWEEN ORANGE REDEVELOPMENT AGENCY AND CITY OF ORANGE - CONSTRUCTION OF THE GRIJAL VA PARK AT SANTIAGO CREEK GYMNASIUM/SPORTS CENTER. (RA2100.0 Agr-5272) (See related City Council Minutes Item No. 10.2) Time set for joint public hearing with the Orange City Council to consider certain findings with respect to use of tax increment by the Agency to finance a portion of the cost of construction of the Grijalva Park at Santiago Creek Gymnasium/Sports Center, and approving a Promissory Note between the Agency and City in the amount of $4,250,000. RESOLUTION NO. ORA-0485 A Resolution of the Orange Redevelopment Agency approving the loan to the City of Orange in the principal amount not to exceed $4,250,000 for the purpose of aiding in financing a portion of the cost of construction of the Grijalva Park at Santiago Creek Gymnasium/Sports Center, and making findings pursuant to California Health and Safety Code Sections 33445 and 33679. MOTION - Murphy SECOND - Cavecche A YES - Smith, Murphy, Cavecche, Dumitru ABSENT - Bilodeau Move to 1) Approve Resolution No. ORA-0485; and 2) Authorize the transfer of $4,250,000 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 $4,250,000 to Account 940- 9800-481200-1606 (Grijalva Park Gymnasium/Sports Center project). 10. 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 2 ORANGE REDEVELOPMENT AGENCY MINUTES April 22, 2008 11. ADJOURNMENT 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 22, 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. PAGE 3