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HomeMy WebLinkAbout12_12_2000 - ORA MinutesAPPROVED BY DIRECTORS JANUARY 9, 2001 ORANGE REDEVELOPMENT AGENCY MINUTES ORANGE, CALIFORNIA OF A REGULAR MEETING December 12, 2000 4:30 P.M. SESSION The Orange Redevelopment Agency of the City of Orange, California convened on December 12,2000 at 4:30 p.m. in a Regular Meeting in the Council Chambers, 300 E. Chapman Avenue, Orange, California. 1. ROLLCALL PRESENT -ABSENT - Coontz, Slater, Chairman Murphy, Alvarez None 2. PUBLIC COMMENTS 3. CONSENT CALENDAR 3.1 Declaration of the Clerk of the Orange Redevelopment Agency, Cassandra J.Cathcart, declaring posting of Orange Redevelopment Agency Agenda of a regular meeting of December 12, 2000 at Orange Civic Center, Main Library at 101 N.Center Street, Police facility at 1107 North 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 authorized its retention as a public record in the Office of the City Clerk.3. 2 Request Agency confirmation of warrant registers dated November 22 and 30, 2000.ACTION: Approved.3. 3 Request approval of Redevelopment Agency Minutes, Regular Meeting, November 28, 2000 ACTION: Approved.MOTION - Alvarez SECOND - Coontz AYES - Coontz, Slater, Murphy, Alvarez The Consent Calendar was approved as recommended.END OF CONSENT CALENDAR PAGE 1 ORANGE REDEVELOPMENT AGENCY MINUTES December 12,2000 4. REPORTS FROM DIRECTORS - None.S. REPORTS FROM BOARDS, COMMITTEES, AND COMMISSIONS - None.6. REPORTS FROM EXECUTIVE DIRECTOR - None.7. ADMINISTRATIVE REPORTS 7.1 Report from the Assistant Executive Director regarding the Annual Report of the Orange Redevelopment Agency for Fiscal Year 1999-2000 and authorizing its submittal to the City Council of the City of Orange. (R3500.0)SUMMARY: Approval of Agency Annual Report for Fiscal Year 1999-2000 and transmittal of the Report to the City Council for its review and approval.RESOLUTION NO. ORA-0381 A Resolution of the Orange Redevelopment Agency approving the Annual Report of the Orange Redevelopment Agency for Fiscal Year 1999-2000 and authorizing its submittal to the City Council ofthe City of Orange.MOTION - Coontz SECOND - Slater AYES - Coontz, Slater, Murphy, Alvarez Moved to adopt Resolution No. ORA-0381.7. 2 Report from the Assistant Executive Director regarding a Commercial Rehabilitatiou Loan Agreement between the Orange Redevelopment Agency and Orange Empire Resales. (RA2100.0 AGR-3666) SUMMARY: Commercial Rehabilitation Loan Agreement under the Automobile Dealership Rehabilitation Program with Orange Empire in an amount not to exceed $74,600 over a period of five years (210 W. Katella Avenue in the Northwest Redevelopment Project Area). FISCAL IMPACT: There is no impact for FY 2000-01. Appropriations from the Northwest Project Area will be included in the CIP budget beginning in FY 2001-02. Orange Empire Resales is projecting an increase of $54,600 in additional annual sales tax revenue to the City.Based on projected sales, the first year payment is estimated to be $30,000. The maximum possible impact totals $74,600 over five years.The Assistant Executive Director reported this loan agreement will be used to assist a new Daewoo franchise, the second such franchise in Orange County. This loan will be used solely for the Daewoo franchise and not for the used car business also at this ORANGE REDEVELOPMENT AGENCY MINUTES December 12,2000 7. ADMINISTRATIVE REPORTS (Continued) RESOLUTION NO. ORA- 0380 A Resolution of the Orange Redevelopment Agency approving and authorizing the execution of a Commercial Rehabilitation Loan Agreement by and between the Agency and Orange Empire Resales. Inc., and making certain findings in connection therewith.MOTION - Coontz SECOND - Alvarez AYES - Coontz, Slater, Murphy, Alvarez Moved to adopt Resolution No. ORA-0380 7. 3 Report from the Assistant Executive Director regarding Third Amendment to the Commercial Rehabilitation Loan Agreement by and between the Orange Redevelopment Agency and Robert B. Breskin for property at 200 East Chapman Avenne.RA2100. 0 AGR-2642.3) NOTE: Councilman Alvarez abstained on this item due to a business conflict and left the dais. SUMMARY: Approval of Third Amendment to Commercial Rehabilitation Loan Agreement by and between the Orange Redevelopment Agency and Robert B. Breskin which will provide for the payoff of the original principal amount of $300,000 and the subordination of $34,000 to a new senior lender. FISCAL IMPACT: Approval of the Third Amendment to the Commercial Rehabilitation Loan Agreement ("Third Amendment") will provide for payoff of the original principal amount of 300,000 during this Fiscal Year. All payment requirements for the remaining outstanding balance of $34,000 will remain in effect. The Assistant Executive Director reported there is currently a loan with Mr. Breskin to assist with the rehabilitation of property at 200 E. Chapman. The owner has moved offices upstairs and added a retail use on the street level. This amendment will provide for payoff of $300,000 of the original loan amount. MOTION - Slater SECOND - Coontz AYES - Coontz, Slater, Murphy ABSTAIN - Alvarez Moved to approve the Third Amendment to the Commercial Rehabilitation Loan Agreement by and between the Orange Redevelopment Agency and Robert B. Breskin.8. LEGAL AFFAIRS-None. PAGE 3 ORANGE REDEVELOPMENT AGENCY MINUTES December 12, 2000 9. RECESS TO CLOSED SESSION 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. 7:00 P.M. SESSION 10. PUBLIC COMMENTS 11. PUBLIC HEARINGS 11.1 JOINT PUBLIC HEARING WITH THE ORANGE CITY COUNCIL, AMENDMENT TO LEASE AGREEMENT WITH PAUL'S AUTO REPAIR RA21 00.0 AGR-3380.2. 1)The joint public hearing with the Orange City Council to consider approval of an Amendment to the Lease Agreement between the Orange Redevelopment Agency and Paul's Auto Repair on Agency-owned property located at 190 South Olive Street, was continued to this time from October 24, 2000.RESOLUTION NO. ORA-0379 A Resolution of the Orange Redevelopment Agency approving the extension of a lease of real property in the Southwest Redevelopment Project Area to Paul De La Torre, d.b.a. Paul's Auto Repair authorizing the Executive Director to execute the Lease Amendment on behalf of the Orange Redevelopment Agency; and making certain findings with respect thereto. MOTION - Alvarez SECOND - Murphy AYES - Coontz, Slater, Murphy, Alvarez Moved to adopt Resolution No. ORA-0379; and add conditions to the lease that the lessee remove all equipment and materials upon vacancy at the end of the lease, and maintain the property in good condition.12. ADJOURNMENT MOTION - Slater SECOND - Coontz AYES - Coontz, Slater, Murphy, Alvarez The Ora.' lge RedevelopmentAgency adjourned at 7:45 p.m.d1dd;J~ WvUd-ICASS~RA . ATHCART,CLERK OF THE REDEVELOPMENT AGENCY PAGE 4