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85-0219_CRA_Minutes_Regular Meeting225 FEBRUARY 19, 1985 REGULAR MEETING OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY BOARD OF DIRECTORS The Regular Meeting of the Board of Directors of the San Juan Capistrano Community Redevelopment Agency was called to order by Chairman Schwartze at 7:49 p.m., in the City Council Chamber. ROLL CALL PRESENT: Phillip R. Schwartze, Chairman Lawrence F. Buchheim, Vice Chairman Anthony L. Bland, Director Gary L. Hausdorfer, Director ABSENT: Kenneth E. Friess, Director STAFF PRESENT: Stephen B. Julian, Executive Director; Thomas G. Merrell, Deputy Director; Robert G. Boone, Finance Officer; George M. Lohnes, Director of Public Works; John R. Shaw, City Attorney; Cheryl Johnson, Recording Secretary. MINUTES Regular Meeting of February 5, 1985: It was moved by Director Buchheim, seconded by Director Bland, that the Minutes of the Regular Meeting of February 5, 1985, be approved as submitted. The motion carried by the following vote: AYES: Directors Bland, Hausdorfer, Buchheim, and Chairman Schwartze NOES: None ABSENT: Director Friess BOARD ACTIONS 1. APPROVAL OF WARRANTS (202.2) It was moved by Director Buchheim, secondekd by Director Hausdorfer, and unanimously carried to approve the List of Demands dated February 5, 1985, Warrant Register No. 85-082, in the total amount of $1,611,779.65. 2. APPROVAL OF PARTICIPATION AGREEMENT BETWEEN AGENCY AND WLBD (SAN JUAN CAPISTRANO) ASSOCIATES (406.17) Written Communications: (1) Report dated February 19, 1985, from the Executive Director, advising that the William Lyon Company, Tract 12276, requested the Agency to assist in the project by underwriting a portion of the various capital -1- 2/19/85 226 facilities charges levied by the City and other agencies; that participation of the Agency will assure that the project will be built and the public facilities necessary to support the project will be fully funded. The report forwarded the Participation Agreement and set forth several important provisions regarding benefit to the Central Downtown Project; State requirements for affordable housing being met; and, the availability of housing for 12 years. Approval of the Agreement creates a debt to the Agency of $966,800, to be repaid at 10% interest from tax increment within 11 years following completion of the project. (2) Memorandum dated February 19, 1985, from the Executive Director, requesting the matter be continued to the meeting of March 5, 1985. Continuation of Item: It was moved by Director Hausdorfer, seconded by Director Buchheim, and unanimously carried to continue this item to the meeting of March 5, 1985. 3. RESOLUTION APPROVING AGREEMENT BETWEEN THE AGENCY AND CITY (406.18) Written Communications: (1) Report dated February 19, 1985, from the Executive Director, forwarding a Cooperation Agreement with the City providing for the Agency to receive all fees normally paid to the City in conjunction with the WLBD (San Juan Capistrano) Associates project, and guaranteeing that those fees will be paid to the City over a period of time. Fees collected on behalf of the Capistrano Unified School District will be paid to the District as necessary. While funds remain in the Agency's control, interest in the amount of 12% per year will be accrued and paid to the City at the time repayment is made. The amount of funds to be paid to the Agency total $2,237,187.50. (2) Memorandum dated February 19, 1985, from the Executive Director, requesting the item be continued to the meeting of March 5, 1985. Continuance of Item: It was moved by Director Hausdorfer, seconded by Director Buchheim, and unanimously carried to continue this item to the meeting of March 5, 1985. -2- 2/19/85 4. RESOLUTION APPROVING AGREEMENT BETWEEN THE AGENCY AND THE CAPISTRANO VALLEY WATER DISTRICT (406.19) Written Communications: (1) Report dated February 19, 1985, from the Executive Director, forwarding a Cooperation Agreement between the Agency and the Capistrano Valley Water District, providing for the Agency to receive all fees normally paid to the District in conjunction with the WLBD (San Juan Capistrano) Associates project, and guaranteeing that the fees will be paid to the District as needed. Interest in the amount of 12% will be paid to the District. The amount of funds which will be paid to the Agency totals $430,891.75, and include: water storage fee, $14,611.75; capital imp#ovement fee, $398,880; and, plan check fee, $17,400. (2) Memorandum dated February 19, 1985, from the Executive Director, requesting this item be continued to the meeting of March 5, 1985. Continuance of Item: It was moved by Director Hausdorfer, seconded by Director Buchheim, and unanimously carried to continue this item to the meeting of March 5, 1985. 5. REDEVELOPMENT PLAN AMENDMENT 84-1 RESOLUTION ACCEPTING THE PRELIMINARY Due to a lack of quorum by the Planning Commission, it was moved by Director Hausdorfer, seconded by;Director Buchheim, and unanimously carried to reschedule this item to the meeting of March 5, 1985. ADJOURNMENT There being no further business before the Boa4d, the meeting was adjourned at 7:50 p.m., to the next meeting date of Tuesday, March 5, 1985, at 7:00 p.m., in the City Council Chamber. Respectfully submitted, MARY ANN HANOVER, AGENCY SECRETARY B CHERYL JOINMJr RECORDING SECRETARY ATTEST: XR�6p. PHILLIP . SCHWARTZE, CH N -3- 1 2/19/85