91-0521_CRA_Minutes_Regular MeetingMAY 210 1991
REGULAR MEETING OF THE SAN JUAN CAPISTRANO
COMMUNITY REDEVELOPMENT AGENCY
BOARD OF DIRECTORS
The Regular Meeting of the Board of Directors of the City of San
Juan Capistrano Redevelopment Agency was called to order by Vice
Chairman Jones at 7:40 p.m. in the City Council Chamber.
ROLL CALL: PRESENT: Gil Jones, Vice Chairman
Kenneth E. Friess, Director
Gary L. Hausdorfer, Director
Jeff Vasquez, Director
ABSENT: Lawrence F. Buchheim, Chairman
STAFF PRESENT: Stephen B. Julian, Executive Director; Thomas
Tomlinson, Acting Deputy Director; David Bentz, Finance Officer;
Thomas Clark, Agency Counsel; Jeffrey C. Parker, Acting Agency
Secretary; Cheryl Johnson, City Clerk; George Scarborough,
Assistant City Manager; William Huber, Director of Engineering and
Building services; Al King, Director of Community Services; Ed
Green, Assistant Superintendent of Public Lands and Facilities;
Nancy Bernardi, Recording Secretary.
MINUTES
Adjourned Regular Meeting of April 30 1991:
It was moved by Director Hausdorfer, seconded by Vice Chairman
Jones, that the Minutes of the Adjourned Regular Meeting of
April 30, 1991, be approved as submitted. The motion carried by
the following vote:
AYES: Directors Hausdorfer, Vasquez,
Friess, and Vice Chairman Jones
NOES: None
ABSENT: Director Buchheim
Rggular M@eting of May 7. 1991:
It was moved by Director Hausdorfer, seconded by Vice Chairman
Jones, that the Minutes of the Regular Meeting of May 7, 1991, be
approved as submitted. The motion carried by the following vote:
AYES: Directors Hausdorfer, Vasquez,
Friess, and Vice Chairman Jones
NOES: None
ABSENT: Director Buchheim
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BOARD ACTIONS
1. HISTORIC TOWN CENTER COMMITTEE REPORT f400.2O)
written Communication:
Report dated May 21, 1991, from the Assistant to the City
Manager and the Community Development Assistant, summarizing
the recommendations of the Historic Town Center Ad Hoc
Advisory Committee regarding the future development of the
Historic Town Center.
Exhibits were an display and Mr. Parker made an oral
presentation. Director Friess introduced the Committee
members in attendance and expressed appreciation for their
hard work and cooperation. He suggested that a public
workshop be held at the San Juan Institute to involve the
community in the planning process for the downtown.
Mark Clancey, 31982 Via de Linda, Committee member represent-
ing Friends of Historic San Juan Capistrano, expressed
appreciation for the opportunity to participate in the
process.
Ted Stroscher, member of the Committee, commended the City,
Agency and Committee members for their cooperation and
dedication.
ARproval of Historic Town Center Co ce t:
It was moved by Director Friess, seconded by Director
Hausdorfer, and unanimously carried that:
(1) the recommendations of the Historic Town Center Ad Hoc
Advisory Committee be approved for the concept of a Town
Center Park;
(2 ) staff be directed to prepare a more detailed and def ini-
tive program of action to accomplish this plan, includ-
ing estimate of cost;
(3) the Committee continue its involvement as a steering
committee with the town center process through final
approval;
(4) staff proceed as expeditiously as possible to prepare
a schedule for the public process; and
(5) a full public workshop be held at the San Juan Institute
on a weekend early on in the process.
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2. DISPOSITION OF AGENCY ASSETS (670.70
Written Communication:
Report dated May 21, 1991, from the Assistant to the City
Manager, stating that Agency staff is currently in the
process of developing specific guidelines and requirements
for the disposition of certain real property assets of the
Agency, to be submitted to the Agency Board within 30 days.
Mr. Julian made an oral presentation, requesting that the
Agency Board inform staff as to which properties it wants to
include on the property disposition list so that terms and
conditions can be determined.
The Report was received and filed.
3. RESOLUTION -AUTHORIZING _ISSUAN-QE _OF NOT -TO -EXCEED $7,000,000
PRINCIPAL AMOUNT OF SAN JUAN CAPISTRANO CENTRAL REDEVELO NT
PROJECT 1991 _ AX ALLOCATION REFUNDING BONDS. APPROVING
EXECUTION OF INDENTURE OF TRUST; AUTHORIZING A COMPETITIVE
BID OF SALE OF ONDS• APP OVING OFFICIAL S ATEM T• AN
TAKING RELATED ACTIONS (340.40_
WrittenCommunication:
Report dated May 21, 1991, from the Agency Finance Officer,
recommending that the Agency issue 25 -year Tax Allocation
Bonds on a competitive bid basis in order to retire a
$6,250,000 Tax Allocation Note that was issued August 1,
1986, and will retire in August 1991.
Authorization of Bond Issuance. AnAroval of Indenture o
Trust, Avvroval of the Official Statement, and Authorization
of --a Competitivg Sale of Bonds:
It was moved by Director Hausdorfer, seconded by Director
Friess, that the following Resolution be adopted:
RESOLUTION NO. CRA 91-5-21-1, AUTHORIZING ISSUANCE
OF_1991,TAX „ALLOCATION REFUNDING_BONO; APPROVING
EXECUTION OF INDENTURE_ OF TRUST; , AUTHORIZING BID;
AND, APPROVING OFFICIAL STATEMENT - A RESOLUTION
OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT
AGENCY, AUTHORIZING ISSUANCE OF NOT TO EXCEED
$7,000,000 PRINCIPAL AMOUNT OF SAN JUAN CAPISTRANO
CENTRAL REDEVELOPMENT PROJECT 1991 TAX ALLOCATION
REFUNDING BONDS, APPROVING, AUTHORIZING, AND
DIRECTING EXECUTION OF INDENTURE OF TRUST RELATING
THERETO, AUTHORIZING AND DIRECTING COMPETITIVE BID
OF SALE OF SUCH BONDS, APPROVING OFFICIAL STATE-
MENT AND PROVIDING OTHER MATTERS PROPERLY RELATING
THERETO
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The motion carried by the following vote:
AYES: Directors Friess, Hausdorfer,
Vasquez, and Vice Chairman Jones
NOES: None
ABSENT: Chairman Buchheim
In the event that bond insurance is not approved, staff was
directed to return to the Agency Board with a recommendation
for the selection of an underwriting firm for a negotiated
sale.
CLOSED SESSION
The Board recessed to the Council meeting at 8:18 p.m. and
reconvened in Closed Session at 9:15 p.m. for discussion of
property acquisition matters relating to open space lands
(Swanner, Pearl Williams) per Government Code Section 54956.8, the
Acting Agency Secretary being excused therefrom, and reconvened
at 11:00 P.M.
ADJOURNMENT
There being no further business before the Board, the meeting was
adjourned at 11:00 p.m. to the next regular meeting date of
Tuesday, June 4, 1991, at 7:00 p.m. in the City Council Chamber.
Respectfully submitted,
ATTEST
C,WkQRENCE F. BUCHHEIM, CHAIRMAN
SECRETARY
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