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HomeMy WebLinkAbout020502-RDA_CCv0001.pdf MINUTES nforegular meeting ofthe Board ofDirectors ofthe RedevelopmentAgency of the City VfRedlands held inthe City Council Chambers, Civic Center, 35Cajon Street, at 4:11 P.M. on February 5, 2002. PRESENT Karl N. (Kanev) Haws, Chairman Susan Peppier, Vice Chairman Pat Gilbreath, Member Gary George, Member Jon Harrison, Member ABSENT None STAFF John Davidson, Executive Director; Leslie E. K8urad. ||. Assistant Agency /\ttO[D8y; K4iCh8e| Reynolds, Agency Treasurer; Jeffrey L. 8hGvv, Community Development Director; James R. Buearmonn. Police Chief; and Lorrie Pnyzer, Agency Secretary The minutes of the regular Dl8gbOg of January 15' 2002, were uO8Oi0OuS|y approved onsubmitted onmotion ofMr. Haws, seconded byMrs. Peppier. JOINT MEETING - REDEVELOPMENT AGENCY AND CITY COUNCIL Resolution No. 342 - Great Neighborhood Program - Mr. Harrison moved to adopt Resolution No. 342, 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 a participation agreement with: Manuel D. Carrera and Jose R. Curnana, 115 Eleventh Street. $10.000.00. Motion seconded by Mr. George and carried unanimously. Mr. Harrison moved toapprove the Declarations of Covenants and Restrictions covering said properties. Motion seconded by Mr. George and carried unanimously. (A|an see City Council minutes for February 5. 20O2.) NEW BUSINESS Subordination A-greement - Mr. Hovva moved to approve u subordination agreement with F|orange|aHioh|ey. 1512Bellevue Road. Motion seconded by K8[S. Peppier and C8[[i8d uD@DiDlOuS|y. Santa Fe Annex Note - lFhg Redevelopment Agency holds o promissory note for Santa Fe Annex, A Limited Partnerehip, for the property located at 205 West Stuart Avenue. Johnny W. Moore, Managing Partner ofSanta Fe Annex, has requested the Agency to consider extending the note for o [D@xiD1unn of two y8@nS at the S@08 t8[DlS and COOdiUOOS that are CuF[eOUy in place. The developer would like to construct o new building to house the Redlands Teachers Association at this site. The interest-only payments are current; tharefore, aLofT recommends approval. Noting there was a variety of pOtgDU8| uses for this |OC@UOD. MF. Harrison CODfiFDled that the Agency was not making ocommitment tothe proposed use. Mr. George said this was the third Redevelopment Agency February 5. 2802 Page extension requested by the developer and asked why principal payments were not being made. Mr. Haws felt a two year extension was longer than the Agency would want to do and suggested a 90 day extension. Following discussion, Mr. Haws moved to extend the due date on the note and deed of trust with Santa Fe Annex Limited Partnership to and including April 2, 2002. Motion seconded by Mr. Harrison and carried unanimously. PUBLIC COMMENTS None forthcoming. ADJOURNMENT There being no further business, the Board of Directors' meeting of the Redevelopment Agency adjourned at 4:18 P.M. The next regular meeting will be held on February 19, 2002. Secretary Redevelopment Agency February 5, 2002 Page 2