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HomeMy WebLinkAboutRDA MINUTES 1991 03 04 MINUTES REGULAR MEETING OF THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY CITY OF TUSTIN, CALIFORNIA MARCH 4, 1991 1. CALL TO ORDER The meeting was called to order by Chairperson Edgar at 8:45 p.m. in the City Council Chambers, 300 Centennial Way, Tustin, California. 2. ROLL CALL Members Present: Richard B. Edgar, Chairperson Charles E. Puckett, Chairperson Pro Tem Leslie Anne Pontious Jim Potts Earl J. Prescott Members Absent: None Others Present: William A. Huston, Executive Dir./City Manager James G. Rourke, City Attorney Mary E. Wynn, Recording Secretary/City Clerk Christine Shingleton, Dir./Community Development W. Douglas Franks, Chief of Police Robert Ledendecker, Director of Public Works Ronald A. Nault, Finance Director Royleen White, Dir./Community & Admin. Services Rita Westfield, Asst. Dir./Community Development Gary Veeh, Water Services Manager Mike Martin, Water Services Engineer Susan Jones, Recreation Superintendent Paula Rankin, Associate Planner Valerie Whiteman, Chief Deputy City Clerk Approximately 60 in the audience 3. APPROVAL OF MINUTES - FEBRUARY 19, 1991 REGULAR MEETING It was moved by Puckett, seconded by Potts, to approve the Redevelopment Agency Minutes of February 19, 1991. Motion carried 5-0. 4. APPROVAL OF DEMANDS It was moved by Puckett, seconded by Potts, to approve Demands in the amount of $333,816.55. Motion carried 5-0. 60 5. AUTHORIZATION FOR CONTRACT SERVICES FOR CIVIC CENTER EXPANSION PROJECT MANAGEMENT SERVICE8 Christine Shingleton, Director of Community Development, reported on the request for qualification process to select a construction management services consultant. It was moved by Prescott, seconded by Pontious, to approve Consultant Services for Civic Center Expansion Project Management Services with HNTB; and authorized the Executive Director to execute the contract subject to final approval as to form by the City Attorney. ~ Motion carried 5-0. 45 6. TOWN CENTER REDEVELOPMENT PROJECT FINANCING PLAN Christine Shingleton, Director of Community Development, reported the Redevelopment Agency had authorized staff to develop a financing plan, proceed with planning for future bond issuance, and hire consultants to provide advisory services. The Agency subsequently entered into an agreement with the firm of Stone & Youngberg to provide financial advisory services to the Agency. Steve Heaney, representative from Stone & Youngberg, reported the firm was retained to perform the following: 1) Review financial resources of the Redevelopment Agency as they pertained to the Town Center Redevelopment Project; 2) Review and analyze the Capital Improvement Program developed for the Town Center Redevelopment REDEVELOPMENT AGENCY MINUTES Page 2, 3-4-91 Project; and 3) Analyze future needs in the Town Center Redevelopment Project. Mayor Edgar stated approval of this bond issuance would be used to finance City water system improvements, the Columbus Tustin Park gymnasium, and the Civic Center renovation without increasing resident taxes. It was moved by Potts, seconded by Pontious, to approve the proposed financing plan and authorize staff to proceed with~ additional steps towards issuance of bonds. Motion carried 5-0. 60 7.OTHER BUSINESS - None 8. ADJOURNMENT Mayor Edgar adjourned the meeting at 8:55 p.m. The next regular meeting of the Redevelopment Agency was scheduled for Monday, March 18, 1991, at 7:00 p.m. RICHARD B. EDGAR, CHASERSON MARY E. W~' SECRETARY