HomeMy WebLinkAboutRDA MINUTES 1977 11 07MINUTES OF A REGUALR MEETING
REDEVELOPMENT AGENCY
November 7, 1977
I,
CALL TO
ORDER
II.
ROLL
CA LL
III o
BUS I NESS
ITEMS
Meeting called to order at 10:20 by Chairman Sharp.
Present: Members: Sharp, Welsh, Edgar, Saltarelli, Schuster.
Absent: Members: None
1. APPROVAL OF MINUTES
Moved by Welsh, seconded by Saltarelli, that Minutes of
October 17, 1977 meeting be approved. Carried.
2. IMPLEMENTATION OF 1977-78 BUDGET.
Report presented by Mr. Bopf.
Moved by Saltarelli, seconded by Welsh, that 1977-78
allocations be approved as presented. Carried.
Moved by Edgar, seconded by Schuster, that the Redevelop-
ment Agency accept loan from the City for land acquisition
and Newport Avenue widening at appropriate interest.
Carried.
3. CAPITAL IMPROVEMENT PROJECT FOR EL CAMINO REAL AREA
Report presented by Mr. Bopf including advantages of
bonding for entire amount at one time.
Council discussed having schematic developed for better
estimates and procedures that should be followed.
Councilman Edgar suggested two modifications to be
committed to in principal to be done in future.
1. Undergrounding on Irvine from Holt to Newport
be deleted.
2. If City proceeds with undergrounding Lagu~a~ and
Newport the small stretch of Newport northerly of
Laguna should be done.
Moved by Edgar, seconded by Saltarelli, to approve
entire list as amended to be committed as first items
of Redevelopment Agency. Schematics to be prepared and
staff to present alternative financing procedure re-
commendat ions. Carried.
4. EL CAMINO SIGNING
Mr. Edgar stated that E1 Camino signing was approved
in tonights budget and Agency is awaiting specifics.
Mr. Bopf reported that there would be new and larger
signing at Laguna and at First Streets. Suggestions
for logo will be presented at December 5 meeting.
Redevelopment Agency
11/7/77 Page two
IV.
ADJOURNMENT
Moved by Edgar, seconded by Schuster that meeting be
adjourned to November 21, 1977. Carried.
Cha irma n