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HomeMy WebLinkAboutRDA MINUTES 2002 02 19 MINUTES REGULAR MEETING OF THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY FEBRUARY 19, 2002 8:18 p.m. CALL TO ORDER ROLL CALL Agency Present: Agency Absent: Recording Secretary: Others Present: Chair Jeffery M. Thomas, Chair Pro Tem Tracy Wills Worley, Agency Members Lou Bone, Mike Doyle, and Tony Kawashima None Pamela Stoker William A. Huston, Executive Director; Christine Shingleton, Assistant Executive Director; Lois Jeffrey, City Attorney; George Jeffries, City Treasurer; Ron Nault, Director of Finance; Steve Foster, Chief of Police; Robert Schoenkopf, Police Captain; Mark Bergquist, Administrative Sergeant; Arlene Marks, Director of Human Resources; Tim Serlet, Director of Public Works; Elizabeth Binsack, Director of Community Development; Patrick Sanchez, Director of Parks & Recreation; Joe Meyers, Administrative Services Manager; Dana Kasdan, Engineering Services Manager; Sam Altowaiji, Field Services Manager; Jim Draughon, Redevelopment Program Manager; Khanh Nguyen, Building Official; Scott Reekstin, Senior Planner; Beverley White, Chief Deputy City Clerk; and approximately 20 in the audience. None PUBLIC INPUT PUBLIC HEARING (ITEM 1 ) Adopted Resolution No. RDA 02-1 and approved staff recommendation APPROVAL OF DISPOSITION AND DEVELOPMENT AGREEMENT FOR THE REDEVELOPMENT OF PROPERTY LOCATED IN THE VICINITY OF SYCAMORE AVENUE AND NEWPORT AVENUE Mayor Thomas opened the public hearing at 8:19 p.m. There were no speakers on the subject and the public hearing was closed. It was moved by Worley, seconded by Kawashima, to 1) adopt the following Resolution No. RDA 02-1: RESOLUTION NO. RDA 02-1 - A RESOLUTION OF THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF TUSTIN, CALIFORNIA, ADOPTING THE FINAL NEGATIVE DECLARATION AS ADEQUATE FOR THE EXECUTION OF A RESIDENTIAL DISPOSITION AND DEVELOPMENT AGREEMENT (DDA) BETWEEN THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY, CITY OF TUSTIN AND HERITAGE PLACE, L.P. FOR THE PROPERTY LOCATED AT 1101 SYCAMORE AVENUE 2) Subject to non-substantive modifications as may be required by Agency Counsel, authorize the Chair to execute the DDA among the Tustin Community Redevelopment Agency, City of Tustin and Tustin Heritage Place, L.P., and Regulatory Agreement and authorize the Executive Director to execute related Loan Agreements, Promissory Notes, and Deeds of Trust for the senior citizen apartment development project proposed at 1101 Sycamore Avenue; 3) Approve funding in an amount not to exceed $250,000 from Califomia Housing Finance Agency (CHFA) HELP Program bridge loan funds; and 4) Appropriate $350,000 for the proposed project as follows: (a) $175,000 out of the Iow and moderate income housing set-aside fund for the South Minutes - Redevelopment Agency February 19, 2002 - Page I Central Redevelopment Project; and (b) $175,000 out of the Iow and moderate income housing set-aside fund for the Town Center Redevelopment Project. Motion carried 5-0. REGULAR BUSINESS ( ITEM 2 ) Approved 2. APPROVAL OF MINUTES - FEBRUARY 4, 2002 REGULAR MEETING It was moved by Worley, seconded by Doyle, to approve the Redevelopment Agency Minutes of February 4, 2002. Motion carried 5-0. None OTHER BUSINESS CLOSED SESSION - None ADJOURNMENT - Chair Thomas adjourned the meeting at 8:19 p.m. The next regular meeting of the Redevelopment Agency was scheduled for Monday, March 4, 2002, at 7:00 p.m. in the Council Chamber at 300 Centennial Way. JEF~C,,.Y M.~HOMAS, CHAIR PA'TvlELA STOKER, RECORDING SECRETARY Minutes - Redevelopment Agency February 19, 2002 - Page 2