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MINUTES of a regular meeting of the Redevelopment Agency of the City of
Redlands held in the Council Chambers, 212 Brookside Avenue,
June 18, 1991, at 3:55 P.M.
PRESENT Charles G. DeMirjyn, Chairman
Carole Beswick, Vice Chairman
William E. Cunningham, Member
Swen Larson, Member
Dee Ann Milson, Member
James D. Wheaton, Executive Director
Daniel J. McHugh, Agency Attorney
Norman McMenemy, . Agency Director
Lorrie Poyzer, Agency Secretary
Pamela Fitzsimmons, The Sun
Steven Church, Redlands Daily Facts
ABSENT None
Minutes of the regular meeting of June 4, 1991, were approved as
submitted.
0138
JOINT HEARING - CITY COUNCIL AND REDEVELOPMENT AGENCY
Resolution The Disposition and Development Agreement for the Santa Fe Depot
No. 218 provides that the Redlands Redevelopment Agency shall make
available to the redeveloper a construction loan in the amount of
Santa Fe Depot $230,000.00 to be deposited into escrow for use in the final
construction and to be secured by a second deed of trust. At
this time, the redeveloper has proposed that the Disposition and
Development Agreement be amended to delete the provision for the
Redevelopment Agency's construction loan as they will complete the
project with private developer financing. However, in lieu of the
construction loan, the redeveloper is requesting that the
Redevelopment Agency agree to finance the complete costs of
undergrounding the offsite Southern California Edison electrical
transmission plant from the west side of North Eureka Street,
easterly to the Santa Fe Depot project. The proposed amendment
is estimated to save the Redevelopment Agency $150,000.00 in up-
front costs for fiscal year 1991-92 and provide added value to the
Redevelopment Agency-owned property on the south side of
Oriental Avenue between the Glaze Auto Center west of Eureka
Street and Third Street. Mrs. Beswick moved to adopt Resolution
No. 218, a resolution for the Redevelopment Agency of the City of
Redlands approving and authorizing execution of the third
amendment to the Disposition and Development Agreement (Santa Fe
Depot Rehabilitation Project). Motion seconded by Mr. Larson and
carried unanimously. (Also see City Council minutes dated June
18, 1991. )
There being no further business, the meeting recessed at 4:01
P.M.
Next regular meeting, July 2, 1991.
A
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ATTEST: Cha*rma de elopmIl Agency
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