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HomeMy WebLinkAbout080195-rda_CCv0001.pdf MINUTES nforegular meeting ofthe Board ofDirectors ofthe RedevelopmentAgency of the City ofRedlands held in the Council Channbgra, Civic Center, 35 Cajon Street, at 3:55 P.M. on August 1, 1995. PRESENT 8vvenLarson, Chairman Jim Foster, Vice Chairman William E. Cunningham, Member Gilberto Gil, Member Pat Gilbreath, Member Gary M. Luebbern. Executive Director Daniel J. McHugh, Agency Attorney LorriePoyzer. Agency Secretary John Andrews, Redlands Daily Facts Steven Church, The Sun ABSENT Nona Minutes of the regular meeting of July 18, 1995, were approved as submitted. NEW BUSINESS Krikorian Premiere Theatres, Inc. - The K8ernonondurn of Understanding between the Redevelopment Agency and Krikoriun Premiere Theatres expires on August 2, 1995. Negotiations between staff and Mr. Krikorian are progressing and u draft Disposition and Development Agreement has been prepared. In order to finalize negotiations and meet hearing nequinennento, action on the agreements between the Agency and Krikorian is scheduled for September 5, 1995. An amendment has been prepared to extend the K8BnOO[@DdurD Of Understanding through September 22. 1995' to 8||Ovv sufficient review bythe Agency Board. Mrs. Gilbreath moved to approve the G08DdOOgDt to the K8e0Or8Ddu0 Of Understanding between the City Of Redlands Redevelopment Agency and Krikoriun Premiere Theatres, Inc. and authorize the Ch8i[OO@D to execute the dOCurOODL K8OdOD SSCODded by K4[ Foster and carried unanimously. CLOSED SESSION The Redevelopment Agency meeting recessed at 3:39 P.M. to o closed session todiscuss the following: 1. Conference with real property negotiator: Property: APN 169-281-01. 02. O5. 41. and 42 Negotiating Parties: George Krikorionand MajiePettus Under negotiation: Terms and price The Redevelopment Agency meeting reconvened at 7:00 P.M. There was no report following the closed session. Redevelopment Agency August 1. 1Q05 Page JOINT PUBLIC HEARING - REDEVELOPMENT AGENCY AND CITY COUNCIL Resolution No. 241 - Sale of Property to Calabria Partners - Public hearing was advertised for this time and place to consider the proposed sale of real property located at Orange Street and Pearl Avenue to Calabria Partners, L.L.C. for a sum of $1,033,720.00. Administrative Services Director Marjie Pettus reviewed the report on this proposed sale. Chairman Larson declared the meeting open as a public hearing for any questions or comments. None being forthcoming, the public hearing was declared closed. Mr. Foster moved to adopt Resolution No. 241, a resolution of the Redevelopment Agency of the City of Redlands approving and authorizing execution of the purchase and sale agreement and escrow instructions between the Redevelopment Agency of the City of Redlands and Calabria Partners, L.L.C. Motion seconded by Mrs. Gilbreath and carried unanimously. ADJOURNMENT There being no further business, the Redevelopment Agency meeting adjourned. The next regular meeting scheduled for August 15, 1995, will not be held. The Redevelopment Agency will convene on September 5, 1995. Secretary Redevelopment Agency August 1, 1995 Page 2