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HomeMy WebLinkAboutRDA 00 AGENDA 06-07-99 AGENDA REGULAR MEETING OF THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY JUNE 7, 1999 CALL TO ORDER ROLL CALL REGULAR BUSINESS (ITEMS I THROUGH 4) 1. APPROVAL OF MINUTES- MAY 17,. 1999 REGULAR MEETING Recommendation: Approve the Redevelopment Agency Minutes of May 17, 1999. 2. APPROVAL OF DEMANDS Recommendation: Approve Demands in the amount of $551,709.81. ACCEPTANCE OF PUBLIC IMPROVEMENTS AND AUTHORIZATION TO FILE THE NOTICE OF COMPLETION FOR THE SYCAMORE AVENUE STORM DRAIN AND BLOCK WALL IMPROVEMENTS BETWEEN NEWPORT AVENUE AND SR-55 FREEWAY (PROJECT NO. 700149) Pursuant to Resolution No. RDA 97-2 adopted July 21, 1994, the Tustin Community Redevelopment Agency authorized the City Council and staff to administrate the construction contract for subject project. Recommendation: Concur with and authorize the City Council to accept the work as complete and authorize the recordation of the Notice of Completion as · recommended by the Public Works Department/Engineering Division. APPROVAL OF AMENDMENT NO. I TO DISPOSITION AND DEVELOPMENT AGREEMENTS FOR THE REDEVELOPMENT OF PROPERTY LOCATED IN THE VICINITY OF EL CAMINO REAL AND NEWPORT AVENUE Agency approval is requested for Amendment No. I to the Ford Commercial Rehabilitation Project Disposition and Development Agreement (DDA) for a site to be redeveloped in the Town Center Project Area. Recommendation: (1) Approve Amendment No. i to the DDA between the. Tustin Community Redevelopment Agency, Ford Family Trust ("Owner"), DeBeikes Investment Company ("Developer") and Warmington Homes California ("Contractor") for rehabilitation of the commercial properties located at 715-765 Agenda - Redevelopment Agency June 7, 1999 - Page 1 El Camino Real, and (2) Appropriate an additional amount of $25,000 out of the Town Center Redevelopment Project tax increment funds, thereby increasin§ the total amount to $190,000 for the rehabilitation of the commercial properties as recommended by the Redevelopment Agency staff. OTHER BUSINESS CLOSED SESSION -None ADJOURNMENT The next regular meeting of the Redevelopment Agency is scheduled for Monday, June 21, 1999, at 7:00 p.m. in the Council Chamber at 300 Centennial Way. Agenda - Redevelopment Agency June 7, 1999 - Page 2