HomeMy WebLinkAbout061698rda_CCv0001.pdf MINUTES of a regular meeting of the Board of Directors of the Redevelopment Agency of
the City of Redlands held in the City Council Chambers, Civic Center, 35 Cajon
Street, at 4:20 P.M. on June 16, 1998.
PRESENT William E. Cunningham, Chairman
Geni A. S. Banda, Vice Chairman
Pat Gilbreath, Member
John L. Freedman, Member
Gary George, Member
Gary M. Luebbers, Executive Director
Daniel J. McHugh, Agency Attorney
Lorrie Poyzer, Agency Secretary
ABSENT None
The minutes of the regular meeting of June 2, 1998, were approved as
submitted on motion of Mrs. Banda, seconded by Mr. Freedman.
JOINT MEETING - REDEVELOPMENT AGENCY AND CITY OF REDLANDS
Resolution No. 271 - Great Neighborhoods Program - Police Chief Bueermann
reported that staff has qualified additional participants in the Great
Neighborhoods Program. Mr. George moved to adopt Resolution No. 271, a
resolution of the Redevelopment Agency of the City of Redlands authorizing
the use of low- and moderate-income housing funds outside the Redlands
Project Area and authorized participant agreements for the Great
Neighborhoods Program between the Redevelopment Agency and Bernardo
and Mary Vargas, 1538 East Colton Avenue; April Little, 1311 Judson Street;
William E. and Ehodia F. Vega, 523 Baldwin Avenue; and Peter H. Muller,
414 Bond Street. Motion seconded by Mrs. Banda and so ordered by the
Chairman. (Also see City Council minutes dated June 16, 1998.)
Contract - Auditing Services - Mrs. Gilbreath moved to approve an auditing
services contract with Vavrinek, Trine & Day Co. for fiscal year 1997-98 and to
authorize the Chairman to sign the agreement on behalf of the Redevelopment
Agency of the City of Redlands. Motion seconded by Mr. George and so
ordered by the Chairman. (also see City Council minutes dated June 16,
1998.)
Fiscal Consultant - Finance Director Johnson explained that in relation to the
refinancing of the Redevelopment Agency debt, a fiscal analysis must be
performed on the Agency's tax increment to determine the present and
projected revenue stream that will be utilized to service the debt. The scope of
services will include analysis of historical information as well as projections in
the areas of assessed valuation, delinquency rates, assessment appeals, and
gross revenues. The resulting fiscal consultant report is required to be
included in the Official Statement of any new Redevelopment Agency debt.
Redevelopment Agency
June 16, 1998
Page 1
Requests for proposals were mailed to four firms; four responses were
received. Finance Director Johnson analyzed the four proposals with regard to
price, experience, scope of services to be provided, and availability of the firm
to meet the Agency's timeline, and recommended Rosenow Spevacek Group,
Inc. be appointed as the fiscal consultant for the Redevelopment Agency. Mrs.
Gilbreath moved to approve this recommendation. Motion seconded by Mr.
Freedman and so ordered by the Chairman.
CLOSED SESSION
The Redevelopment Agency meeting recessed at 4:25 P.M. to a closed
session to discuss the following matters:
1. Conference with real property negotiator
Property: Orange Street and Pearl Avenue
APN 169-201-50
Negotiating parties: Gary M. Luebbers and Jay Golison
Under negotiation: Terms and price
2. Conference with real property negotiator
Property: Orange Street and Pearl Avenue
APN 169-201-50
Negotiating parties: Gary M. Luebbers and Majestic Realty Company
Under negotiation: Terms and price
ADJOURNMENT
There was no report following the closed session. The next regular meeting
will be held on July 7, 1998.
Secretary
Redevelopment Agency
June 16, 1998
Page 2