HomeMy WebLinkAbout062105rda_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 6:16 P.M. on June 21, 2005.
PRESENT Susan Peppier, Chairperson
Gilberto Gil, Vice Chairperson
Pat Gilbreath, Boardmember
Gary George, Boardmember
Jon Harrison, Boardmember
ABSENT None
STAFF John Davidson, Executive Director; Daniel J. McHugh, Agency Attorney;
Michael Reynolds, Agency Treasurer; Don Gee, Redevelopment Agency
Director; Jeffrey L. Shaw, Community Development Director; and Lorrie
Poyzer, Agency Secretary.
CONSENT CALENDAR
Minutes - The minutes of the regular meeting of June 7, 2005, were
unanimously approved as submitted on motion of Mrs. Gilbreath, seconded by
Mr. George.
Contract - Investment Advisory Services - On motion of Mrs. Gilbreath,
seconded by Mr. George, the Board unanimously awarded a contract for
investment advisory services to invest the agency's funds consisting of tax
increment proceeds and bond proceeds to Fieldman, Rolapp Finance Services,
LLC.
Contract - Release of Escrow Series 2003 A Bond Proceeds - On motion of
Mrs. Gilbreath, seconded by Mr. George, the Board unanimously approved a
contract to Kitahata & Company for Independent Redevelopment Consultant
Services to determine the release of Escrow Series 2003 A Bond proceeds.
Right-of-Way Permit - Conley - On motion of Mrs. Gilbreath, seconded by
Mr. George, the Board unanimously approved a permit to enter property for
visual inspection and noise testing for APN 169-151-22 which is owned by the
Marion L. Conley Trust.
NEW BUSINESS
Agreement - Galaxy Commercial Holding - Redevelopment Agency Director
Gee explained the purpose of the 270-day exclusive negotiation agreement
with Galaxy Commercial Holding, LLC is to provide a schedule and structure
for both parties to determine the feasibility, in all aspects, of revitalizing the
area of the current City Hall and Safety Hall sites. Mrs. Peppier moved to
approve an exclusive negotiation agreement with Galaxy Commercial Holding,
LLC to determine the feasibility of the revitalization of the City Hall and Safety
Hall sites. Motion seconded by Mr. Harrison and carried unanimously and
Redevelopment Agency
June 21, 2005
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authorized the Chairman to execute, and the Secretary to attest to, the
document on behalf of the Agency.
Agreement - Krikorian Premiere Theatres - Redevelopment Agency Director
Gee explained the purpose of the exclusive negotiation agreement with
Showprop Redlands, LLC is to provide a structure and time frame for both
parties to work on matters of mutual benefit and interest in revitalizing the area
of the current Krikorian Premiere Theatres and other properties owned by
Showprop Redlands, LLC for the theater expansion and retail/mixed use
development on certain property owned by Showprop, and a parking
development. During the term of the agreement, Showprop would formalize
those conceptual development plans into a comprehensive development
proposal of sufficient detail for inclusion into a disposition and development
agreement. Mr. Harrison moved to approve an exclusive negotiation
agreement with Showprop Redlands, LLC and authorized the Chairman to
execute, and the Secretary to attest to, the document on behalf of the Agency.
PUBLIC COMMENTS
None forthcoming.
ADJOURNMENT
There being no further business, the Board of Directors' meeting of the
Redevelopment Agency adjourned at 6:21 P.M. The next regular meeting will
be held on July 5, 2005.
/s/ Lorrie Pozer, Secretary
Redevelopment Agency
June 21, 2005
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