6/10/2008 - City Council Minutes - CC Minutes Reg Meeting
APPROVED BY THE DIRECTORS ON JUNE 24, 2008
ORANGE REDEVELOPMENT AGENCY ORANGE, CALIFORNIA
MINUTES OF A REGULAR MEETING June 10, 2008
The Orange Redevelopment Agency of the City of Orange, California convened on June 10,
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 - Smith, Murphy, Cavecche, Dumitru, Bilodeau
ABSENT - None.
2. PUBLIC COMMENTS - NONE.
3. CONSENT CALENDAR
3.1 Request Agency confirmation of warrant registers dated May 15 and 22, 2008.
ACTION:
Approved.
3.2 Request approval of Redevelopment Agency Minutes, Regular Meeting dated May
27,2008. (RC2500.D.4)
ACTION:
Approved.
MOTION - Cavecche
SECOND - Murphy
AYES - 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.
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ORANGE REDEVELOPMENT AGENCY MINUTES
June 10,2008
7. ADMINISTRATIVE REPORTS - None.
7.1 Report on Loan Agreement between the Orange Redevelopment Agency and 234
West Chapman, LLC to acquire the original Vineland Home property located at 238 West
Chapman Avenue in Old Towne Orange. (RA2100.0 Agr-5286)
SUMMARY: 234 West Chapman, LLC is proposing to acquire and restore the historic Vineland
Home building located at 238 West Chapman Avenue. Proposed is a Loan Agreement between
the Agency and 234 West Chapman, LLC providing for an Agency loan in the amount of
$800,000 towards acquisition of the property.
Discussion - Senior Project Manager Lisa Kim gave the staff report.
Mr. Ed Lee, applicant and Mr. Brad Rodgers, Broker, shared the plans for the restaurant and that
the opening is scheduled for approximately 1-1/2 years.
Councilmember Smith stated appreciation for the challenging project. She stated that the
funding was from redevelopment money and that the project includes an historic building.
RESOLUTION NO. ORA-0488
A Resolution of the Orange Redevelopment Agency approving a loan agreement with 234 West
Chapman, LLC, a California Limited Liability Company, relating to redevelopment of property
commonly known as 238 W. Chapman Avenue in the Orange Merged and Amended
Redevelopment Project Area.
MOTION - Smith
SECOND - Bilodeau
AYES - Smith, Murphy, Cavecche, Dumitru, Bilodeau
Moved to: 1) Adopt Resolution No. ORA-0488; and 2) Authorize the transfer of $800,000 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 $800,000 to Account 940-9800-485701-
9231 (Wahoo's - 234 West Chapman LLC project).
FISCAL IMPACT: Sufficient funds are available in account number 940-9800-485701-9231
(Wahoo's - 234 West Chapman LLC project). It is estimated that approximately $863,000 in
principal and interest will be repaid to the Agency at the end of the loan term.
8. LEGAL AFFAIRS - None.
9. RECESS TO CLOSED SESSION - 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.
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ORANGE REDEVELOPMENT AGENCY MINUTES
June 10, 2008
7:00 P.M. SESSION
10. PUBLIC COMMENTS - None.
11. PUBLIC HEARINGS
11.1 PROPOSED FISCAL YEAR 2008-09 ORANGE REDEVELOPMENT AGENCY
BUDGET. (C2500.J.1.1)
Time set for public hearing to consider the proposed Fiscal Year 2008-09 Orange
Redevelopment Agency Budget.
See City Council Minutes Item No. 13.2 for comments.
MOTION - Cavecche
SECOND - Bilodeau
AYES - Smith, Murphy, Cavecche, Dumitru, Bilodeau
Moved to continue to the Agency meeting of June 24, 2008, at the 4:30 p.m. session.
12. 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 June 10, 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.
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