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HomeMy WebLinkAboutRDA AGENDA 07-15-91AGENDA REGULAR KEETINtb JF THE TUSTIN COMMUNITY REL_ ELOPMENT AGENCY JULY 151 1991 1. CALL TO ORDER 2. ROLL CALL 3. PUBLIC HEARING — TUSTIN CIVIC CENTER, SUBCONTRACTOR LISTING ERROR The City Council is being requested by Dillingham Construction to consent to list Woodbridge Glass in lieu of A & J Glass due to a clerical error in Dillingham's bid documents. Recommendation: Find evidence that there was a clerical error as stated in Dillingham's declaration dated July 5, 1991, and approve Dillingham's request to list Woodbridge Glass in lieu of A & J Glass due to the clerical error as recommended by the Community Development ADepartment. 4. AWARD OF BID - TUSTIN CIVIC CENTER EXPANSION/RENOVATION (PROJECT,NO. 590-400-999 6550-100026) At their meeting of May 6, 1991, the Council approved plans and authorized advertisement of bids for the expansion/renovation of the civic center. At the bid opening on June 24, 1991, eight valid bids were received. Recommendation: Award the bid on Project No. 590-400-999 6550-100026 to Dillingham Construction N.A., Inc. in the amount of $9,405,000 which includes Alternate No. 3 as recommended by the Community Development Department. 5. 1991 TAX ALLOCATION BONDS - AWARD OF BID As discussed in a staff report to the Agency on July 1, 1991, certain amendments to the issuance resolution and notice inviting bid documents were necessary prior to award of bond sale to reflect the terms of bond insurance to be issued by Municipal Bond Investors Assurance Corporation. Recommendation by the Town Center Redevelopment Project Financing Team: a. Adopt the following Resolution No. RDA 91-12 authorizing the issuance of $13,800,000 principal amount of Town Center Area Redevelopment Project Subordinate Tax Allocation Bonds, Series 1991: RESOLUTION NO. RDA 91-12 - A RESOLUTION OF THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE ISSUANCE OF $131100,000 PRINCIPAL AMOUNT OF TOWN CENTER AREA REDEVELOPMENT PROJECT SUBORDINATE TAX ALLOCATION BONDS, SERIES 1991 REDEVELOPMENT AGENCY AGENDA PAGE 1 JULY 15, 1991 b. Approve mo _cations to invitation of ' a and the official form of bid for jurchase of Town Center Ai _ Redevelopment Project Subordinate Tax Allocation Bonds, Series 1991. C. Review bids and, if recommended by the Agency's Financial Consultant, adopt the following Resolution No. RDA 91-13 awarding bid on Subordinate Tax Allocation Bonds, Series 1991, authorizing officers of the Agency to do all follow-up: RESOLUTION NO. RDA 91-13 - A RESOLUTION OF THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY CONFIRMING THE AWARD OF ITS TOWN CENTER AREA REDEVELOPMENT PROJECT SUBORDINATE TAX ALLOCATION BONDS, SERIES 1991 6. FLAG POLE INSTALLATION - TEMPORARY CITY HALL Councilman Prescott recently raised the issue of installing a flag pole at the temporary City Hall facilities at 15222 Del Amo Avenue. Recommendation: Pleasure of the City Council. 7. APPROVAL OF MINUTES - JULY 11 1991 REGULAR MEETING Recommendation: Approve the Redevelopment Agency Minutes of July 1, 1991. 8. APPROVAL OF DEMANDS Recommendation: Approve Demands in the amount of $10,677.3.1. 9. OTHER BUSINESS 10. ADJOURNMENT The next regular meeting of the Redevelopment Agency is scheduled for Monday, August 5, 1991, at 7:00 p.m. REDEVELOPMENT AGENCY AGENDA PAGE 2 JULY 15, 1991