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HomeMy WebLinkAbout08-09-1994 ORA MinutesAPPROVED BY AGENCY DIREC~ORS ON AUGUST 23, 1994 ORANGE REDEVELOPMENT AGENCY MINUTES OF A REGULAR MEETING ORANGE, CALIFORNIA August 9, 1994 The Orange Redevelopment Agency of the City of Orange, California convened on August 9, 1994 at 3 :00 p.m. in a Regular Meeting in the Council Chambers, 300 E. Chapman Avenue, Orange, California. 3:00 P.M. SESSION 1. ROLLCALL PRESENT ABSENT Spurgeon, Barrera, Coontz, Murphy Chairman Beyer 1.1 APPROVALOF MINUTES - None 2. CONSENT CALENDAR 2.1 Declaration of the Clerk of the Orange Redevelopment Agency, Marilyn 1. Jensen, declaring posting of Orange Redevelopment Agency Agenda of regular meeting of August 9, 1994, at Orange Civic Center Main Library, the Police Facility at 1107 N. Batavia and the Eisenhower Park Bulletin Board; 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 authorized its retention as a public record in the Office of the Agency Clerk.2.2 Authorize Chairman and Director of Finance to draw warrants on Agency's Fiscal Agent in payment of demands. ACTION: Approved.MOTION SECOND AYES ABSENT Spurgeon Murphy Spurgeon, Barrera, Coontz, Murphy Beyer All items on the Consent Calendar were approved as recommended.END OF CONSENT CALENDAR 3. REPORTS FROM DIRECTORS - None 4. REPORTS FROM BOARDS, COMMITTEES AND COMMISSIONS - None 5. ADMINISTRATIVE REPORTS - None PAGE 1 ORANGE REDEVELOPMENT AGENCY MINUTES August 9, 1994 6. REPORTS FROM EXECUTIVE DmECTOR URGENT ITEM - Orange Housing Development Corporation MOTION SECOND AYES ABSENT Murphy Coontz Spurgeon, Barrera, Coontz, Murphy Beyer Moved that the need to discuss this item arose after the posting and of the Agenda.The City Manager reported there is a need to expedite financing for the Orange Housing Development Corporation. The Walnut/ Pixley project has beencompleted. This resolution will allow the subordination of the agreement.RESOLUTION NO. ORA-0279 A Resolution of the Orange Redevelopment Agency authorizing and approving the execution of an agreement subordinating affordability covenants to a deed of trust securing permanent financing in conjunction with the housing developed pursuant to a Dispposition and Development Agreement, as amended, with the Orange Housing Development Corporation (pixley and Almond; 1515 E. Walnut).MOTION SECOND AYES ABSENT Spurgeon Coontz Spurgeon, Barrera, Coontz, Murphy Beyer That Resolution No. ORA-0279 as introduced be adopted and same was passed and adopted by the preceding vote.RA2100.0.Agr.2272)7. LEGAL AFFAffiS - None 8. ORAL PRESENTATIONS - None 9. RECESS - The Agency did not recess.PAGE Z ORANGE REDEVELOPMENT AGENCY MINUTES August 9, 1994 10. ADJOURNMENT MOTION SECOND AYES ABSENT Murphy Barrera Spurgeon, Barrera, Coontz, Murphy Beyer The Redevelopment Agency adjourned at 5:03 p.m.Gene Beyer C, CLERK OF THE ENCY GENE BEYER, CHAIRMAN OF THE REDEVELOPMENT AGENCY BY", ~ 6iHoq FRED L. BARRERA, VICE- CHAIRMAN OF THE REDEVELOPMENT AGENCY PAGE 3