HomeMy WebLinkAbout1978-0221 rda_CCv0001.pdf MINU'T'ES of a regular meeting of the Redevelopment Agency of the
City of Redlands, held in the Council Chambers, Safety
Hall, 212 Brookside Avenue, on February 21, 1978, at
3 :20 P.M.
PRESENT Charles G. DeMirjyn, Chairman
Chresten M. Knudsen, Vice Chairman
Ellsworth E. Miller, Member
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Bertha Rose MacFarland, Member
Warren R. Elliott, Member
Robert H. Mitchell, Executive Director
Edward F. Taylor, City Attorney
Peggy A. Moseley, Secretary
Erwin S . Hein, Redlands Daily Facts
Mike Murphy, San Bernardino Sun
ABSENT None
The minutes of the regular meeting of February 7, 1978,
were approved as submitted.
Executive Director Mitchell presented a promissory note
secured by a Deed of Trust for consideration and accept-
Promissory ance by the Agency members. The Trust Deed is made be-
Note and tween the Redlands Mall Associates of 200 Continental
Deed of
Frust Boulevard, El Segundo, California, and the Redlands
Redevelopment Agency. It is to secure the payment of
$148,000.00 plus interest at the rate of eight and one-
half percent per annum, from 31 January 1978. This
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promissory note relates to property on the northwest cor-
ner of Redlands Boulevard and orange Street. Following
brief discussion on motion of Member Miller, seconded by
Member Elliott, unanimous Agency approval was given to
the acceptance and recordation of the promissory note and
Deed of 'Trust, which are signed by Ernest W. Icahn., In-
corporated and R. J. Investments.
The Agency members briefly discussed the effect of the
Jarvis inititive on the redevelopment and city financial
State situations and after considering the situation determined
Street
Park that the City should proceed at this time with the devel-
opment of the downtown park at Fifth and State Streets.
There being no further business, the Redevelopment Agency
adjourned to a Council Personnel meeting at 3:30 P.M.
Next regular meeting, March 7, 1978.
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