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HomeMy WebLinkAbout020696-rda_CCv0001.pdf MINUTES nforegular meeting ofthe Board ofDirectors ofthe RedevelopmentAgency of the City OfRedlands held iDthe City Council Chambers, Civic Center, 35Cajon Street, at 4:53 P.M. on February 6,1996. PRESENT 8vvenLarson, Chairman Pat Gilbreath, Vice Chairman William E. Cunningham, Member Gilberto Gi|, Member GeniA. 8. Banda, Member Gary M. Luebbern. Executive Director Daniel J. McHugh, Agency Attorney LorriePoyzer. Agency Secretary John Andrews, Redlands Daily Facts Su|ipoaLuque, The Sun ABSENT Nona The minutes of the regular meeting of January 18. 1898. were unanimously approved 8Ssubmitted ODmotion OfMrs. Gilbreath, seconded byMr. Gil. The Redevelopment Agency meeting recessed at4:54P.yW. and reconvened at 7:05 P.M. PUBLIC HEARING - REDEVELOPMENT AGENCY AND CITY COUNCIL Resolution No. 245 - Property Sale -/\joint public hearing with the City Council of the Qb/ of Redlands was advertised for this time and place to consider the eo|e of certain real property located at the southwest corner of [)range Street and Pearl Avenue for the purpose of redevelopment to LV\bnarna Venture. Administrative Services Director K4a jia Pettus reviewed the repod, purchase and sale aQneurnent, and escrow instructions on the proposed sale of said property for $1.310.0O0.00. Mr. Larson declared the meeting open as o public hearing for any questions O[ comments. NOOU being forthcoming, the public hearing was declared closed. Mrs. Gilbreath moved toadopt Resolution No. 245, a naau|uUon 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 L/AbnymaVenture. Motion seconded byMrs. Banda and carried UD@DirDOUS|y. Mr. Cunningham D8L8d the S@|e price was above the appraised value ofthe property. (Also see City Council minutes dated February 0. 1S98.) ADJOURNMENT There being no further business, the Board of Directors' meeting of the Redevelopment Agency adjourned at 7:07 P.M. The next regular meeting will be held on February 20, 1998. Redevelopment Agency February 6. 100G Page Secretary Redevelopment Agency February 6, 1996 Page 2