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HomeMy WebLinkAboutRDA MINUTES 1996 10 21 MINUTES REGULAR MEETING OF THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY CITY OF TUSTIN, CALIFORNIA OCTOBER 21, 1996 CALL TO ORDER The meeting was called to order by Chair Worley at 9:25 p.m. at the Council Chambers, 300 Centennial Way, Tustin, California- ROLL CALL Members Present: Tracy Wills Worley, Chairperson Jeffery M Thomas, Chairperson Pro Tem · Mike Doyle Jim Potts Thomas R. Saltarelli Members Absent: None Recording Secretary: Pamela Stoker Others Present: William A. Huston, Exec. Dir./City Manager Lois Jeffrey, City Attorney George Jeffries, City Treasurer Elizabeth Binsack, Director of Com. Dev. Steve Foster, Acting Chief of Police Tim Serlet, Director of Public Works Dana Kasdan, Engineering Services Manager RitaWestfield, Asst. Dir./Com. Dev- Valerie Crabill, Chief Deputy City Clerk Bettie Correa, Senior Personnel Analyst Scott Reekstin, Associate Planner Gary Veeh, Water Services Manager Dana Ogdon, Senior Planner Gary Magill Recreation Superintendent Approximately 10 in the audience Chair Worley recessed the meeting at 9:25 p.m. The meeting was reconvened at 9:35 p.m. REGULAR BUSINESS ( ITEMS 1 THROUGH 5) 1. APPROVAL OF MINUTES - OCTOBER 7, 1996 REGULAR MEETING It was moved by Ports, seconded by Saltarelli, to approve the Redevelopment Agency Minutes of October 7, 1996. Motion carried 5-0. 2. APPROVAL OF DEMANDS It was moved by Potts, seconded by Saltarelli, to approve Demands in the amount of $137,348.07. Motion carried 5-0. 380-10 3. FURNITURE PURCHASES FOR TUSTIN FAMILY & YOUTH CENTER It was moved by Potts, seconded by Saltarelli, to adopt the following Resolution No. RDA 96-5 authorizing participation in the County of Orange Cooperative Purchasing Program for the Steelcase Ellipse System and.accessory Steelcase products for the Tustin Family & Youth Center: RESOLUTION NO. RDA 96-5 - A RESOLUTION OF THE TUSTIN COMMUNITY. REDEVELOPMENT AGENCY OF THE CITY OF TUSTIN, CALIFORNIA, AUTHORIZING PARTICIPATION IN THE COUNTY OF ORANGE COOPERATIVE PURCHASING PROGRAM Motion carried 5-0. 930-40 4. APPLICATION FOR THIRD DISTRICT URBAN PARKS PROGRAM FUNDING/ PEPPERTREE PARK It was moved by Potts, seconded by Saltarelli, to adopt the following Resolution No. RDA 96-6 approving the grant application for "Third District, Urban Park Program" funds for the renovation of Peppertree Park: RESOLUTION NO. RDA 96-6 - A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF TUSTIN, CALIFORNIA, APPROVING THE APPLICATION REDEVELOPMENT AGENCY MINUTES Page 2, 10-21-96 FOR GRANT FUNDS THROUGH THE COUNTY OF ORANGE THIRD DISTRICT'S "1994 URBAN PARKS PROGRAM" FOR THE RENOVATION OF PEPPERTREE PARK Motion carried 5-0. 660-05 5. LAGUNA GARDENS PROJECT - AMENDMENTS TO DISPOSITION AND DEVELOPMENT AGREEMENT Lois Jeffrey, City Attorney, reported that at the september 3, 1996 meeting, the Agency approved the Disposition and Development Agreement (DDA) for the Laguna Gardens project; however, close of escrow for the project had been delayed because the developer,s lender requested changes requiring amendments to the DDA. She summarized the proposed amendments including a $200,000.00 increase of the first deed of trust; disbursement of the Redevelopment Agency's funds; and the form of performance bonds guaranteeing the lien-free completion of all improvements. She explained that 50 percent of the project must be completed prior to the developer drawing on the increased deed of trust amount of $200,000.00; and upon Agency approval, the developer may request to draw on the amount for marketing and closing costs. It was moved by Potts, seconded by Thomas, to approve amendments to the Disposition and Development Agreement including increasing the first deed of trust in the amount of $200,000.00; the form of project completion bonds; and a disbursement agreement with the bank. Motion carried 5-0. 400-10 OTHER BUSINESS - None CLOSED SESSION -None ,,ADJOURNMENT Chair Worley adjourned the meeting at 9:40 p.m. The next regular meeting of theRedevelopment Agency was scheduled for Monday, November 4, 1996, at 7:00 p.m. in the Council Chambers at 300 Centennial Way. TRAC~~y/y/WiL~~WORLEy,~~CHAi~R~