HomeMy WebLinkAboutRDA MINUTES 10-04-8220, lcJ~2
1. ~'~'.T. TO O~DER
The meeting was called to order by Chairman Edgar at 4:48 p.m. in the City
Council Chambers, 300 Centennial Way, Tustin, California.
Agency M_-mherS Present:
Agency M-mbers Absent:
O~hers Present:
Edgar, Greinke, Hoesterey, Kennedy, Saltarelli
None
J~m~_s G. Rourke, City Attorney
william A. Huston, Exec. Director/City Manager
Mary E. Wynn, Recording Secretary/City Clerk
Mike Erotemarkle, C~mmunity Development Director
R~nald Nault, Finance Director
Roy Gonzales, Personnel Director
Bob Ledendecker, Director of Public Works
R. Kenneth Fleagle, Consultant
Apl~rox~m-tely 20 in the au~lience
It was moved by Edgar, seconded by Hoesterey, to approve the minutes of
the September 7, 1982, meeting. Carried 3-0, Kennedy and Saltarelli
abstaining.
It was moved by Hoes~erey, seconded by Greinke, to approve General D~mands
for ~he month of July, 1982, in the a~ount of $181,039.71 as recommended
by the Director of Finance. Motion carried 5-0. 81
Pursuant to the Director of Public Works' reoo_m_m_endation contained in his
report dated September 13, 1982, it was moved by Hoesterey, seconded by
Kennedy, to no~ accelerate the Prospec~ Avenue Relief Drain into the cur-
rent fiscal year Redevelopment Agency Capital Improvement Program. Car-
ried 5-0.
It was then moved by Edgar, seconded by Hoes=erey, to appropriate $55,000
from the Redevelopment Fund balance for the signal improvement project et
the corner of Prospect Avenue and First Street.
The Director of Public Works clarified what signal improvements are
needed. The motion carried 5-0. 81
~KAPPBOP~Ta~G~ ~ CAI~'-~VZr, K FISCAL ~ 1981-82 AP~'g0P~,.T.A.TZ0~,~ FROM
TI~TIIi Or~I~]NZT~ g~E~.,OPM~IT ~
As recommended in the report dated Sept-mher 15, 1982, prepared by the
Finance Director, it was moved by Saltarelli, seconded by Hoesterey, to
reappropriate $825,245 for the unexpended appropriations fro~ Fiscal Year
1981-82. Carried 5-0. 29
Following consideration of the report dated September 15, 1982, prepared
by the Executive Director, it was moved by Saltarelli, seconded by
Hoesterey, to authorize retention of Mudge, Rose, Guthrie & Alexander and
Rourke & Woodruff as .the Agency's bond counsel in connection with the
issuance of tax allocat$on bonds by the Agency. Motion carried 5-0. 81
P-EDE%~SLOPMENT AGENCY MINUTES
Page 2, 9-20-82
Pursuant to the recc~_~_~ endation contained in the repoz~c dated September 17,
1982, prepared by t. he Executive Director, it was moved by Saltarelli, sec-
onded by Ho.stet.y, to authorize the Chairma~_n to execute an agreement with
Miller & Schroeder Municipals, Inc., to serve as the Agency's financial
consultant in connection with the issuance of tax allocation bonds and to
provide technical assistance to the Agency's bond counsel. The motion
carried 5-0. 81
Following lengthy Agency/staff discussion and a question-and-answer ~eriod
regarding the ability to change priorities at a later date, it was moved
by Saltarelli, seconded by Ho.stet.y, to adopt the following project
priorities:
1. Land Acquisition
2. Senior Citizen Housing
3. Col,~hus Tustin Park/Con~nity Center
4. Undergrounding of Utilities {area bounded by
Holt/Irvine Bo~levard/New~ort Avenue)
5. Parking Structure
6. Water System Improvements (within the Town
Center Project Area)
7. Repayment of General Fund Loan
$1,800,000
200,000
1,000,000
750,000
1,000,000
500,000
1,125,000
TOTAL $6,375,000
The motion carried 5-0.
81
The Executive Director presented the staff report and fecundation.
Mr. Saltarelli raised questions pertaining to insurance, ratings, and
cost. The City Attorney provided information on Proposition 4 require-
ments. Further Agency/staff discussion followed. It was then moved by
Edgar, seconded by Kennedy, to authorize and direct the Executive Director
to ~mablish notices of sale of tax allocation bonds by t_he Agency.
In response to Mr. Saltarelli's concern re issuing bonds at an 11% inter-
est rate in an unfavorable market, the Executive Director stated that it
could very well be that when bids are awarded, the rate will be well under
11%. If not, the Agency has the option to reject bids at that time.
The motion carried 5-0.
81
11. ~ ~S
E1 tam'no Real/Main Street Improvements Project - Mr. Greinke opened
discussion regarding complaints from merchants in the downtown area on
the E1 Cam_tno Real/Main Street Improv-m~_nts Project and stressed that
the City should require the contractor to provide temporary ramps for
easier access into the businesses. The Director of Public Works
responded to t_he complaints and provided a status report on the prod-
ect's progress.
Jeffrey McElderry, 10351 Mira Vista, Santa Ana, representing Tustin
Chamber of Commerce, requested the City's assistance to merchants in
letting the public know that they are open during construction. The
Agency felt Mr. McElderry's suggestion to place signs to this effect
was excellent. The Executive Director added that staff has advised
any ~rchant who has called in that they do not have to worry about
sign permits, as long as the temporary sign is safe. The Director of
Public Works suggested that the Chan%ber provide the proper wording for
the signs to be placed by the City at both ends of the construction
area so that they are uniform in size and wording. Agency concurred.
The Chairman requested that the City Attorney provide legal counsel on
what the Agency can do financially to assist the merchants impacted by
the street construction downtown. 81
Page 3~ 9-20-82
Site Development Informational Siqns - Mr. Hoesterey sugges=ed that
staff investigate the 9ossibility of requiring informational signs a~
development sites to enhance 9eople~s awareness of what is happening
in the City.
E1 Camino Real/Main Stree= Rlbbon-Cu=~ing Ceremony - It was moved by
Edgar, seconded by Kennedy, ~hat staff 91an a ribbon-cutting ceremony
upon ¢omple~ion of the E1 C~m~no Real/Main Stree~ project. Carried
5-0. 81
9. ADgOum
It was moved by Kennedy, seconded by Hoesterey, to adjourn at 5:39 p.m.
the next regular meeting on October 4, 1982. Carried 5-0.
CHAIRMAN
P~ECORDING SECRETARY