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HomeMy WebLinkAbout090799rda_CCv0001.pdf MINUTES ofaregular meeting of the Board of Directors ofthe Redevelopment Agency of the City of Redlands held in the City Council Chambers, Civic Center, 35 Cajon Street, at 4:23 P.M. on September 7, 1999. PRESENT William E. Cunningham, Chairman GgniA. G. Banda, Vice Chairman Pat Gilbreath, K4ennbar John L. Freedman, Member Gary George, Member Gary K4. Luebbern. Executive Director Daniel J. McHugh, Agency Attorney LorriePoyzer. Agency Secretary ABSENT Nona The minutes of the regular meeting of August 3. 1999, were unanimously approved as submitted on motion of Mrs. Gi|bmgath, seconded by Mr. Freedman. JOINT MEETING - REDEVELOPMENT AGENCY AND CITY COUCIL Resolution No. 293 - Great Neighborhoods Program - yWrn. Banda moved to adopt Resolution No. 293, o resolution of the Board of Directors 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 approved participation agreements with Patricia A. Jonen, 1433 Oe Anzo Street; Richard C. and Margaret A. Valdez, 824 Vachg Circle; Lois C. 8onfonJ, 1251 East Lugonio Avenue, Space 18; James B. and Kay F. 8ou||in, 14O3Century Street; Carlos and Li|ia K8endoza, 034 Orchard [)rive; Antonio A. De Lao, 101 San Juan Avenue; and Wiley J. S. and A|iae D. Smith, 1506 Campus Avenue. MObOD S8COOdSd by Mrs. Gilbreath and carried uD3DirDOuS|y. (Also see City Council minutes for September 7. 1999.\ NEW BUSINESS Agreement - Krikorian Premiere Theatre - Citing a potential conflict of interest on this rnaUor. Mr. George left the City Council Chambers. Agency Attorney McHugh explained that George Krikorion is seeking to expand his theater operations and acquire additional properties for development in downtown Redlands. As part ofMr. Krikorian'a e#orta, he has sought a loan from First Bank & Trust toacquire the Santa Fe Depot property. Because the Santa Fe Depot project is the subject ofan old Disposition and Development Agreement (DDA) between the owners of the property and the Redevelopment Agency, the bank has requested the Redevelopment Agency make certain commitments and representations regarding the status ofthat DDA. Mrs. Gilbreath moved to approve the letter agreement between the Redevelopment Agency and First Redevelopment Agency September 7. 19&S Page Bank & Trust and authorized the Chairman and Executive Director of the Redevelopment Agency to execute the agreement on behalf of the Redevelopment Agency. Motion seconded by Mrs. Banda and carried by AYE votes of all present. Disposition of Property - 430 East Fern Avenue - Executive Director Luebbers reviewed a letter dated July 26, 1999, from the American Baptist Homes of the West (ABHOW) regarding the disposition of the property located at 430 East Fern Avenue. Mr. Cunningham moved to communicate to ABHOW that the Redevelopment Agency would like to receive a minimum of$200,000.00 netted to the Agency either through ABHOW's listing the property or from the cash offer that is presently existing. Motion seconded by Mrs. Gilbreath and carried unanimously. ADJOURNMENT There being no further business, the Board of Directors' meeting of the Redevelopment Agency adjourned at 4:31 P.M. The next regular meeting will be held on September 21, 1999. Secretary Redevelopment Agency September 7, 1999 Page 2