93-0202_CRA_Minutes_Regular MeetingFEBRUARY 2, 1993
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 Chairman Nash at 8:55 p.m. in the City Council Chamber.
ROLL CALL PRESENT: Carolyn Nash, Chairman
Jeff Vasquez, Vice Chairman
Collene Campbell, Director
Gary L. Hausdorfer, Director
Gil Jones, Director
ABSENT: None
STAFF PRESENT: George Scarborough, Executive Director; Thomas Tomlinson, Deputy Director; Richard K.
Denhalter, City Attorney; Cynthia L. Pendleton, Interim Finance Officer; Cheryl Johnson, Agency Secretary;
William Huber, Director of Engineering and Building Services; Al King, Jr., Director of Community Services;
Nancy Bernardi, Recording Secretary.
MQVUTES
The Minutes of the Regular Meetings of January 5 and January 19, 1993, were approved as submitted as part
of the City Council Consent Calendar.
PUBLICVUBLIC jffi6RWGZ
I. JOINT PUBLLC—HEARING WITH THE N - PR PERTY LOCATED AT
33949 D H NY PARK R AD # NITY REDEVELOPMENT
AGENCY/PRICE COMPANY/WFSELOH INVESTMENTS) (600,40)
Pro2gsal:
Consideration of:
a) The second amendment to the Disposition and Development Agreement and Promissory Note
to provide for car dealerships as a permitted use at Building #6 of the Price Club Plaza;
b) A Master Lease Agreement between the CRA and the Price Company, with an initial term of
10 years, 180 days, for the use of the premises, in which the CRA would pay to the Price
Company a base rent of $300,000 annually, a Common Area Rent of $3,000 annually, and a
Sales Tax Rent equal to 22'h% of the tax revenues collected by the City from the business; and
C) A Sublease Agreement between the CRA and Weseloh Investments, with an initial term of 10
years, 179 days, for the use of the premises, in which the Weseloh Investments would pay to
the Price Company a base rent, a Common Area Rent, and a Sales Tax Rent equal to 47'h%
of the tax revenues collected by the City from the business.
Written Communicati
Report dated February 2, 1993, from the Executive Director, summarizing the provisions in the Master
Lease and Sublease Agreements and estimating that the Agency's gain would be approximately $33,000
in the first year, $66,000 in the second year, $68,640 in the third year, etc. Staff recommended approval
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1,56
of the amendment to the Disposition and Development Agreement and Promissory Note, Master Lease
Agreement, and Sublease Agreement.
Mayor Jones adv_ ' , •ing would be continued to the meeting of February 16, 1993.
(continuation of Public Hea..ag:
Notice having been given as required by law, Mayor Jones opened the Public Hearing. There being
no response, it was moved by Director Hausdorfer, seconded by Director Campbell, and unanimously
carried that the hearing be continued to the meeting of February 16, 1993.
:• r •
1. RECEIVE AND FILE WARRANTS QF JANUARY 22, 1943 M)
It was moved by Director Jones, seconded by Director Hausdorfer, and unanimously carried that the
List of Demands dated December 31, 1992, in the total amount of $750,000, and the List of Demands
dated January 22, 1993, in the total amount of $567,655.01, be received and filed.
2. DENIAL QF CLAIM - MONETARY DAMAGE (DAVID SWERDLIho (170.W
The claim received by the City from Martin P.
monetary damage, was denied, as set forth in
Attorney.
Eramo, attorney on behalf of David Swerdlin, for
the Report dated February 2, 1993, from the City
The Board recessed to the Council meeting at 8:56 p.m. and reconvened in a joint Closed Session with the City
Council at 10:15 p.m. for discussion of litigation per Government Code Section 54956.9(a) (Freedom NewsRaners
v B andf it r ), the Agency Secretary being excused therefrom, and reconvened at 11:70 p.m.
There being no further business before the Board, the meeting was adjourned at 11:20 p.m. to the next regular
meeting date of Tuesday, February 16, 1993, at 7:00 p.m. in the City Council Chamber.
Respectfully submitted,
17' F.
.64/40-W W-Frumanip
• Ze d
ATTEST:
CAROLYN N)ICSH, tHAIRMAN
1,
CRA Minutes -2- 2/2/93