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HomeMy WebLinkAbout080707 RDA_CCv0001.pdf MINUTES of a regular meeting of the Board of Directors of the Redevelopment Agency of the City of Redlands held in the Council Chambers, Civic Center, 35 Cajon Street, at 4:17 P.M. on August 7, 2007. PRESENT Jon Harrison, Chairperson Pat Gilbreath, Vice Chairperson Gilberto Gil, Boardmember Mick Gallagher, Boardmember Pete Aguilar, Boardmember ABSENT None STAFF N. Enrique Martinez, Executive Director; Daniel J. McHugh, Agency Attorney; Steven H. Dukett, Interim Redevelopment Agency Director; Michael Reynolds, Agency Treasurer; and Lorrie Poyzer, Agency Secretary JOINT MEETING - REDEVELOPMENT AGENCY AND CITY COUNCIL Resolution No. 410 - Taxable Tax Allocation Bonds Series 2007A - Mrs. Gilbreath moved to adopt Resolution No. 410, a resolution of the Redevelopment Agency of the City of Redlands approving the issuance of its Redlands Redevelopment Project Area Taxable Tax Allocation Bonds, Series 2007A, approving a second supplement to indenture, an Official Statement, a bond purchase agreement setting the maximum final terms of the sale of the bonds and making certain determinations relating thereto, for the refunding of approximately $4 million worth of housing component of the Redevelopment Agency's 2003 Tax Allocation Bonds, Series 2003A. Motion seconded by Mr. Gallagher and carried unanimously. (Also see City Council minutes for August 7, 2007.) CONSENT CALENDAR Minutes - On motion of Mrs. Gilbreath, seconded by Mr. Gallagher, the minutes of the regular meeting of July 17, 2007, were approved as submitted. Agreement - Video Production Services - On motion of Mrs. Gilbreath, seconded by Mr. Gallagher, the Agency Board re-authorized a $28,908.00 professional services agreement with Joey Whittemore executed on June 25, 2007, and approved by the Agency Board on April 3, 2007, for video production services. Amendment - Housing and Economic Development Services - On motion of Mrs. Gilbreath, seconded by Mr. Gallagher, the Agency Board approved the first amendment to the professional services agreement with LDM Associates, Inc. for housing and economic development services and authorized the Chairman to execute, and the Secretary to attest to, the document on behalf of the Agency. Redevelopment Agency August 7, 2007 Page 1 COMMUNICATIONS Meeting Attendance - Nn reports forthcoming from Boardmembers. PUBLIC COMMENTS None forthcoming. RECESS The Board of Directors' meeting of the Redevelopment Agency recessed at 4:24 P.M. to u closed session to discuss the following: o. Conference with legal counsel - Aniicipaied litigation - Government Coda §54950.9(b): One coag - facta and circumstances: Agency has received a statement threatening litigation. The 8nond of Directors' meeting of the Redevelopment Agency reconvened at 7:OO P.M. CLOSED SESSION REPORT None forthcoming. PUBLIC HEARING Promenade Pro'ect - Public hearing was advertised for this time and place to consider the proposed Owner Participation and Disposition and Development Agreement between the Redevelopment Agency of the City of Redlands and Redlands Land Holding, LLC for on approximate 14-acre site bounded by Eureka Street to the east, Interstate 10/Peur| Avenue to the north, E]NGF Railway right-Of-vv8ytOthe SOULh and abutting existing "nOtG part of' p8rCB|S on Lawton Street tothe west. Mr. Harrison declared the meeting open as a public hearing. Interim Redevelopment Agency Director Ouhett reviewed the proposal for the potential development of an approximately 150.000 square foot Redlands Promenade Shopping Canter. Mr. Harrison oo||ed for any public oornrngnta. Representatives from the financing team were present to answer questions. yNr. Vohtna. the developer, addressed the Agency Boordmembare. (]auarGepp asked the developer to provide a convenient and safe center for seniors and disabled. Debra Nester thanked the developer for attracting o preventative heath-oriented business. There being OO further comments, the public hearing was declared closed. K8na. Gilbreath moved to approve the (]VVDe[ Participation and []iSpOSitiOD and Development Agreement with Redlands Land Holding, LLC. for the development of the Redlands Promenade Shopping Cgnter, and authorized the Chairperson to exgcutg, and the Secretary to attest to, the document on behalf ofthe Agency subsequent to its UX8CUtiOn by Redlands Land HO|diDg, LLC. Motion seconded by Mr. Gallagher and carried unanimously. Redevelopment Agency August 7, 2007 Page ADJOURNMENT There being no further business, the Board of Directors' meeting of the Redevelopment Agency adjourned at 7:23 P.M. The Redevelopment Agency Board of Directors will not meet on August 21, 2007. The next meeting will be held on September 4, 2007. Redevelopment Agency August 7, 2007 Page 3