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HomeMy WebLinkAbout090605rda_CCv0001.pdf MINUTES nforegular meeting ofthe Board ofDirectors ofthe RedevelopmentAgency of the City VfRedlands held inthe City Council Chambers, Civic Center, 35Cajon Street, at 3:59 P.M. on September 6, 2005. PRESENT Susan Peppier, Chairperson Gilberto Gil, Vice Chairperson Pat Gilbreath, Bourdmember Gary George, Boordmembgr Jon Harrison, Boondmembmr ABSENT None STAFF John Davidson, Executive Director; Daniel J. McHugh, Agency Attorney; Michael Reyno|da, Agency Treasurer; Don Gge, Redevelopment Agency Director; Jeffrey L. Shovv, Community Development Director; and Lorrie Poyzer. Agency Secretary CONSENT CALENDAR Minutes - The minutes of the regular meetings of August 2. 2005. and August 16, 2005' were unanimously approved as submitted On motion Of Mrs. Gilbreath, seconded byMr. George. JOINT MEETING - REDEVELOPMENT AGENCY AND CITY COUNCIL Statement of Investment Policy - Mrs. Gilbreath moved to approve the Statement of Investment Policy, as amended regarding authorized investments for bond proceeds and recommended by the Agency Treasurer. Motion seconded by Mr. Gil and carried unanimously. (Also see City Council nninUt88 for September 6. 2UO5.\ Funds - Directional Si-qn Program - K8no. Peppier moved to approve the Redlands Directional Sign Program as presented by Redevelopment Agency Director Gee and recommended by the Redlands Tourism Advisory Committee and authorized the expenditure of $5,000.00 of Redevelopment Agency Funds budgeted in the approved Fiscal Year 2005-06 Redevelopment Agency budget for the construction and ineio||otinn of signs. Motion seconded by Mr. George and CGF[igd uD@DiO0OuS|y. It was noted the signs would be slightly modified by the Public VVorha Department from the signs presented in the staff report to meet certain City StGDd3ndS for di[OCtiODG| signs. The Public VVO[hS O8p8dmneni will construct the signs, inS|3|| them in public right-Of-vv8yS, maintain them and charge the cost of materials and staff to a Redevelopment account. Char Bupgenn, member of the Redlands Tourism Advisory Committoe, thanked the Buandrnembura for their action. (Also see City Council minutes dated September 8. 2O05.) CONSENT CALENDAR Redevelopment Agency September 0. 2OU5 Page Contract Amendment - Redlands Promenade Project - On motion of Mrs. Gilbreath, seconded by Mr. George, the Redevelopment Agency Board unanimously approved Amendment No. 2 to the agreement with LSA Associates, Inc. for the provision of professional environmental consulting services for the Redlands Promenade Project in the amount of$2,600.00. The Redlands Promenade Project is located on approximately 13.5 acres on the west side of Eureka Street between the Orange Street Interstate 10 Freeway Off-Ramp and the BNSF Railway. Bond Investment - On motion of Mrs. Gilbreath, seconded by Mr. George, the Board unanimously awarded the competitive bid to invest the Redevelopment Agency's 2003A bond proceeds and accrued interest to Citigroup Financial Products, Inc. and authorized the Chairman to execute, and the Secretary to attest to, the document on behalf of the Agency. Krikorian Premiere Theatre - On motion of Mrs. Gilbreath, seconded by Mr. George, the Board unanimously authorized the Executive Director or his designee to execute consent documents authorizing Showprop Redlands, LLC to represent and to include in development plans and applications Redevelopment Agency property potential integral to the proposed Krikorian Premiere Theatre expansion. PUBLIC COMMENTS Traffic Counts - Oscar W. Sepp addressed the Agency Boardmembers asking if auto counts were being done on the major thoroughfares such as westbound on Citrus Avenue. He felt we should make an attempt to slow the traffic down to discourage people from using Citrus Avenue to avoid the 1-10 freeway. ADJOURNMENT There being no further business, the Board of Directors' meeting of the Redevelopment Agency adjourned at 4:11 P.M. The next regular meeting will be held on September 20, 2005. /s/ Lorrie Poyzer, Secretary Redevelopment Agency September 6, 2005 Page 2