Loading...
HomeMy WebLinkAbout09-23-1997 ORA MinutesApPROVED BY THE AGENCY BOARD ON OCTOBER 14, 1997 ORANGE REDEVELOPMENT AGENCY MINUTES OF A REGULAR MEETING ORANGE, CALIFORNIA September 23, 1997 The Orange Redevelopment Agency of the City of Orange, California convened on September 23, 1997 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. ROLLCALL PRESENT ABSENT Murphy, Slater, Coontz, Spurgeon Alvarez 2.CONSENT CALENDAR Tape 4310 2.1 Declaration ofthe Clerk of the Orange Redevelopment Agency, Cassandra J. Cathcart, declaring posting of Orange Redevelopment Agency Agenda of regular meeting of September 23, 1997 at Orange Civic Center, Main Library, the Police Facility at 1107 N. Batavia; the Eisenhower Park Bulletin Board; and summarized on Time Warner Communications; 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.ACTION: Accepted Declaration of Agency Posting and authorize its retention as a public record in the Office of the Agency Clerk.2.2 RequestAgency confirmation of warrant registers dated September 5 and 9, 1997.ACTION: Approved. 2.3 ApproveRedevelopment Agency Minutes, Regular Meeting, September 9, 1997.NOTE: Mayor Coontz noted an abstention due to her absence at the September 9, 1997 meeting.ACTION: Approved. AGREEMENTS REMOVED AND HEARD SEPARATELY)2.4 Requestthe Board of Directors approve the First Amendment to an Agreement for redevelopment consulting services by and between the Agency and GRC Associates, Inc., for redevelopment and economic development financial consulting and analysis services in an amount not to exceed $50,000. (RA2100.0 AGR-2597.A)FISCAL IMP ACT: There are sufficient funds budgeted in "Other Professional and Consulting Services." Funding ofthis contract will be divided among the three project areas as follows:Account No. 914-9801-426700 - Tustin Street ($10,000) Account No. 922-9811-426700 - Southwest ($30, 000)Account No. 936-9821-426700 - Northwest ($ 10,000) PAGE ORANGE REDEVELOPMENT AGENCY MINUTES September 23, 1997 2. CONSENT CALENDAR (Continued) Barbara DeNiro, requested the item be removed for discussion and decided no discussion was necessary. ACTION: (See Item 2.5 for action and vote count.) LOANS REMOVED AND HEARD SEPARATELY) 2.5 Request the Board of Directors approve an Amended and Restated Promissory Note by and between the Agency and Citrus City Grille, Limited, as it relates to the Participation Agreement approved by the Board on May 28, 1997. (RA2100.0 AGR- 2609)FISCAL IMPACT: This new Note will increase the interest to be paid to the Agency by approximately $13,000 over the five-year term ofthe loan.Barbara DeNiro, (address on file), asked if any payments were made by Citrus City Grille and if the twelve month non-payment will now follow?The Director of Economic Development responded the interest will be brought up to date before the amendment is executed; interest payments have been made to date; and the twelve month non-payment will follow in exchange for additional interest accrued. MOTION SECOND AYES ABSENT Spurgeon Coontz Murphy, Slater, Coontz, Spurgeon Alvarez ACTION: Moved to approve Items 2.4 and 2.5. MOTION SECOND AYES ABSENT Murphy Slater Murphy, Slater, Coontz, Spurgeon Alvarez Chairman Coontz abstained on Item No. 2.3. Item Nos 2.4 and 2.5were removed and heard separately. The remainder of the Consent Calendar was approved as recommended.END OF CONSENT CALENDAR PAGE 2 ORANGE REDEVELOPMENT AGENCY MINUTES September 23, 1997 3. REPORTS FROM DIRECTORS - None 4. REPORTS FROM BOARDS, COMMITTEES AND COMMISSIONS _ None 5. ADMINISTRATIVE REPORTS - None 6. REPORTS FROM EXECUTIVE DIRECTOR _ None 6.1 Fourth Quarter 1996-97 Department Budget Reports.NOTE: Refer to Council Agenda Item No. 6.3for discussion on this item.MOTION SECOND AYES ABSENT Coontz Slater Murphy, Slater, Coontz, Spurgeon Alvarez Moved to receive and file. 7. LEGAL AFFAIRS - None 8. ORAL PRESENTATIONS - None 9. ADJOURNMENT MOTION - Coontz SECOND - Murphy A YES - Murphy, Slater, Coontz, Spurgeon ABSENT - Alvarez The Redevelopment Agency adjourned at 6:48 p. m.1A1;dAA2/ A ~ (;;r< AYA".....d::CASSANDRA J. THCART, CMC, CLERK OF THEREDEVELOPMENT AGENCYPAGE3