HomeMy WebLinkAbout10-26-1993 ORA MinutesORANGE REDEVELOPMENT AGENCY
MINUTES OF A REGULAR MEETING
ORANGE, CALIFORNIA
October 26, 1993
The Orange Redevelopment Agency of the City of Orange, California convened on October 26,
1993 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, Beyer, Coontz, Murphy None
1.1
APPROVALOF MINUTES Regular Meeting
October 12, 1992.MOTION SECOND
AYES
Barrera
Spurgeon
Spurgeon, Barrera,
Beyer, Coontz,
Mruphy ACTION: Approved.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 October 26, 1993, 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.
2.3 Confirmation
of appointment
of William F. Cornett, Jr. as Interim Executive Director of Orange Redevelopment Agency. (R3500.D)FISCAL
IMPACT: None.ACTION: Approved.
PAGE 1
ORANGE REDEVELOPMENT AGENCY MINUTES October 26, 1993
2. CONSENT CALENDAR (Continued)
MOTION
SECOND
AYES
Coontz Spurgeon
Spurgeon, Barrera,
Beyer, Coontz, Murphy All items on
the Consent Calendar were approved as recommended.END OF CONSENT
CALENDAR 3. REPORTS FROM
DIRECTORS 4. REPORTS FROM
BOARDS, COMMITTEES AND COMMISSIONS 5. ADMINISTRATIVE REPORTS
6. REPORTS FROM
EXECUTIVE DIRECTOR URGENT ITEM - Arbitrage
Settlement to the IRS R3500.0)MOTION SECOND
AYES Spurgeon
Coontz
Spurgeon,
Barrera,
Beyer, Coontz,
Murphy Moved
that need to discuss this item
arose after the posting of the agenda.The Executive Director brought to the Agency
Board member's attention his approval of a 379,600.00 arbitrage which has to
be paid to the IRS by November 1, 1993.The Operation's Manager explained the arbitrage
process and reported the agency is keeping 2.5 million and returning $390,000. This is
done on an annual basis, however, the Executive Director felt the Agency members should be aware
of this process.MOTION SECOND AYES Murphy Coontz Spurgeon, Barrera,
Beyer,
Coontz,
Murphy
Moved
to authorize
the Executive Director to sign the
agreement.PAGE 2
ORANGE REDEVELOPMENT AGENCY MINUTES October 26, 1993
7. LEGAL AFFAffiS
7.1 RESOLUTION NO. ORA-
0272 A Resolution of the Orange Redevelopment Agency authorizing the execution of a Public
Works Cooperation Agreement with the City of Orange relating to public improvements - Finance Building roof
in an amount not to exceed $51,000.00. (RA2100.0.Agr.2156)
MOTION
SECOND
AYES
Barrera Spurgeon
Spurgeon, Barrera,
Beyer, Coontz, Murphy That Resolution No.
ORA-0272 as introduced be adopted and same was passed and adopted by the preceding vote.
8. ORAL
PRESENTATIONS - None 9. RECESS The
Orange Redevelopment
Agency recessed at 5:30 P.M. to Closed Session for the following purposes:a. To give
instructions to its negotiator in connection with the purchase, sale, exchange or lease ofreal property
pursuant to Government Code Section 54956.8. The City Attorney added the following: 340 Newport
Boulevard, owner, Milt Galbraith and property located at northwest comer of Main and Chapman,
owners, Richmond and Garner Trust.b. To confer
with its attorney regarding potential litigation pursuant to Government Code Section 54956.9(b)(
1).c. To consider
and take possible action upon such other matters as are orally announced by the General Counsel, Executive Director
or Agency Members prior to such recess, unless the motion to recess indicates any other
matters will not be considered in Closed Session.PAGE 3
ORANGE REDEVELOPMENT AGENCY MINUTES October 26, 1993
10. ADJOURNMENT
MOTION
SECOND
AYES
Barrera Coontz
Spurgeon, Barrera,
Beyer, Coontz, Murphy The Orange Redevelopment
Agency adjourned at 6: 10 P.M.t;ft' ~~/cfi/
1\ 'r'N . JEN
MC, CLERKOF THE REDEVELOPMENT AGENGY PAGE
4