HomeMy WebLinkAbout1985-01-21MINUTES
REDEVELOPMENT AGENCY
Council Chamber, Civic Center
Huntington Beach, California
Monday, January 21, 1985
A tape recording of this meeting is
on file in the City Clerk's Office
Chairman Bailey called the regular meeting of the Redevelopment Agency to
order.
ROLL CALL
Present: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
Absent: None
JOINT MEETING - REDEVELOPMENT AGENCY/CITY COUNCIL
Chairman Bailey announced that a joint meeting of the'City 'Council and the
Redevelopment Agency had been called.
ROLL CALL - COUNCIL
Present: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas'
Absent None
PUBLIC COMMENTS RELATING TO CITY/REDEVELOPMENT AGENCY ITEMS
There was no one to speak on Redevelopment Agency/City items.
MINUTES - APPROVED
The Deputy Clerk presented the minutes of the regular meeting of December 17-,
1984 for consideration by the Redevelopment Agency.
On motion by Green, second Kelly, Council approved and adopted the. minutes of
the regular meeting of' December 17, 1984 as written and on file in the. Clerk's
Office by the following roll call vote:
AYES: Kelly, MacAllister, Mandic, Bailey,.Finley, Green, Thomas
NOES: None
ABSENT: None .
Page 2 - Redevelopment Agency Minutes - 1/21/85
REDEVELOPMENT AGENCY RESOLUTIONS 104 THRU 117 - ADOPTED AS AMENDED - COUNCIL
RESOLUTIONS 5483 THRU 5487 - ADOPTED - ISSUANCE OF BONDS - VARIOUS PROJECTS
The Deputy City Clerk/Deputy Clerk presented a.communication from the Deputy
Director of Redevelopment transmitting inducement resolutions for various
projects.
The Deputy. City Administrator/Deputy Director of Redevelopment Services
presented a staff report.
Discussion was held'regarding the amount of funding available for commercial
and industrial projects. The City Administrator/Chief Executive Officer
stated that in the event that another. city did not issue revenue bonds that
there was a possibility of another city giving up its entitlement to a city
that did want to issue.
Following discussion regarding the resolutions under consideration, the City
Administrator/Chief Executive Officer stated for the record, "Your intent is
to keep the options open for the City and is not to commit you in any way."
Councilman/Director MacAllister clarified that Commodore Circle Associates
referred to in Resolution No. 5487 did not refer to - any specific entity or
individual. In answer to Councilman/Director MacAllister's comments the City
Administrator/Chief Executive Officer stated that BWC/Vanderwood Company
referred to in Resolution No. 104 was the current property owner, and had
asked for the resolution and therefore, were mentioned specifically.
A motion was made by Green, seconded by Mandic, to include the dollar amounts
in Redevelopment Agency Resolution Nos. 104, 105, 106, 107, 108, 109, 110,
111, 112, 113, 114, 115, 116 and 117. The motion carried by the following
roll call vote:
AYES: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
NOES: None .
ABSENT: None
Resolution No 5483 - Adopted - Talbert -Beach Multi -Family Housing Project
"A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH DECLARING
ITS INTENTION TO ISSUE REVENUE BONDS IN AN AMOUNT NOT TO EXCEED t20 MILLION IN
CONNECTION WITH THE TALBERT-BEACH MULTI -FAMILY HOUSING PROJECT."
On motion. by Mandic, second MacAllister, Council adopted Resolution No. 5483
by the following roll call vote:
AYES: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
NOES: None,
ABSENT: None
Resolution No 5484 -__Adopted - Huntington `'Beach Apartment Associates
Multi -Family Housing Project
"A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH DECLARING
ITS INTENTION TO ISSUE REVENUE BONDS IN AN AMOUNT NOT TO EXCEED $10 MILLION IN
` CONNECTION WITH THE HUNTINGTON BEACH APARTMENT ASSOCIATES MULTI -FAMILY HOUSING
PROJECT." SE of intersection of Garfield/Beach
Page 3 - Redevelopment Agency Minutes-- 1/21/85
11
On motion by Kelly, second Green, Council adopted Resolution No. 5484 by the
following roll call vote:
AYES: Kelly, MacAllister, Bailey, Finley, Green, Thomas
NOES: Mandic
ABSENT: None
Resolution No 5485 - Adopted - Town Square II Multi -Family Housing Project
"A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH DECLARING
ITS INTENTION TO ISSUE REVENUE BONDS IN AN AMOUNT NOT TO EXCEED 00 MILLION IN
CONNECTION WITH THE TOWN SQUARE II MULTI -FAMILY HOUSING PROJECT." Lake
between Orange & Pecan
On motion by Kelly, second Green, Council adopted Resolution No. 5485 by the
following roll call vote:
AYES: Kelly, MacAllister, Bailey, Finley, Green, Thomas
NOES: None
ABSTAIN: Mandic
ABSENT: None
Resolution No 5486 - Adopted - Town Square I Multi -Family Housing Project
"A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH DECLARING
ITS INTENTION TO ISSUE REVENUE BONDS IN AN AMOUNT NOT TO EXCEED $30 MILLION IN
CONNECTION WITH THE TOWN SQUARE I MULTI -FAMILY HOUSING PROJECT." Main. Street
& Orange Ave.
On motion by Kelly, second Green, Council adopted Resolution No. 5486 .by the
following roll call vote:
AYES: Kelly, MacAllister, Bailey,.Finley, Green, Thomas
NOES: None
ABSTAIN: Mandic
ABSENT: None
Resolution No 5487 - Adopted - Commodore Circle
"A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH DECLARING
ITS INTENTION TO ISSUE REVENUE BONDS IN AN AMOUNT NOT TO EXCEED $10 MILLION IN
CONNECTION WITH THE COMMODORE CIRCLE ASSOCIATES MULTI -FAMILY HOUSING.PROJECT."
On_ motion by Mandic, second Green, Council adopted Resolution No. 5487 by
the following roll call vote:
AYES:Kelly, Mandic, Bailey, Finley, Green, Thomas
NOES: MacAllister
ABSENT: None
Resolution No 104 - Adopted as Amended - Retail Commercial Space -
Lake/Atlanta
"A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON 'BEACH
AUTHORIZING THE ISSUANCE OF BONDS IN AN AMOUNT NOT TO EXCEED $5 MILLION FOR
THE PURPOSE OF PROVIDING FINANCING FOR DEVELOPMENT AND CONSTRUCTION OF RETAIL
COMMERCIAL SPACE, LOCATED NEAR THE INTERSECTION OF LAKE.AND ATLANTA'STREETS,
BY BWC/VANDERWOOD COMPANY." �`
Page 4 - Redevelopment Agency Minutes - 1/21/85
On motion by Kelly, second Green, the Redevelopment Agency adopted Resolution
No. 104, as amended, by the following roll call vote:
AYES: Kelly, Bailey, Finley, Green, Thomas
NOES: MacAllister
ABSTAIN: Mandic
ABSENT: None
Resolution No 105 - Adopted as Amended-- Blufftop Subarea Project
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF, PARTICIPATION OR ISSUANCE OF BONDS IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION' WITH THE BLUFFTOP SUBAREA
PROJECT." Main/Pier Redevelopment Plan.
On motion by Kelly, second Green, the Redevelopment Agency adopted Resolution
No. 105, as amended, by the following roll call vote:
AYES: Kelly, MacAllister, Bailey, Finley, Green, Thomas
NOES: None
ABSTAIN: Mandic
ABSENT: None
Resolution No 106 Adopted as "ended-- Town'Square Subarea Project
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF PARTICIPATION OR ISSUANCE OF BONDS IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION WITH THE TOWN SQUARE SUBAREA
PROJECT." Main/Pier Redevelopment Plan.
On motion by Kelly, second Green, the Redevelopment Agency adopted -Resolution
No. 106, as amended, by the'foll'owing roll call vote:
AYES: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
NOES: None
ABSENT: None
Resolution No 107 - Adopted as Amended Beach Boulevard Corridor Project
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF PARTICIPATION OR ISSUANCE OF BONDS IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION WITH THE BEACH BOULEVARD
CORRIDOR PROJECT."
On motion by Kelly, second Green, the Redevelopment Agency adopted Resolution
No. 107, as amended, by the following roll call vote:
AYES: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
NOES: None
ABSENT: None
Resolution No 108 - Adopted as Amended - Main -Pier Subarea Project
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF PARTICIPATION OR ISSUANCE OF BONDS IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION WITH THE MAIN -PIER SUBAREA
PROJECT."
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Page 5 - Redevelopment Agency Minutes - 1/21/85
On motion by Kelly, second Green, the Redevelopment Agency adopted Resolution
No. 108, as amended, by the following roll call vote:
AYES: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
NOES: None
ABSENT: None
Resolution No 109 - Adopted as Amended - Talbert -Beach Industrial Proiect
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF PARTICIPATION OR ISSUANCE OF BONDS IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION WITH THE TALBERT-BEACH
INDUSTRIAL PROJECT".
On motion by Kelly, second Green, the Redevelopment Agency adopted Resolution
No. 109, as amended, by the following roll call vote:
AYES: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
NOES: None
ABSENT: None
Resolution No 110 - Adopted as Amended - Huntington Beach Royale Project
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF PARTICIPATION OR ISSUANCE OF BONDS IN AN
AMOUNT NOT TO EXCEED $7 MILLION IN CONNECTION WITH THE HUNTINGTON BEACH ROYALE
PROJECT." SE of Garfield & Beach.
On motion by Kelly, second Green, the Redevelopment Agency adopted Resolution
No. 110, as amended, by the following roll call vote:
AYES: Kelly, MacAllister, Bailey, Finley, Green, Thomas
NOES: Mandic
ABSENT: None
Resolution No 111 - Adopted as Amended - South Gothard Proiect
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE,
SALE AND DELIVERY OF CERTIFICATES OF PARTICIPATION OR ISSUANCE OF BONDS IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION WITH THE SOUTH GOTHARD
PROJECT."
On motion by Kelly, second Green, the Redevelopment Agency adopted Resolution
No. 111, as amended, by the following roll call vote:
AYES: Kelly, MacAllister, Bailey, Finley, Green, Thomas
NOES: None
ABSTAIN: Mandic
ABSENT: None
Resolution No 112 - Adopted as Amended - North Gothard Project
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF PARTICIPATION OR ISSUANCE OF BONDS IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION WITH THE NORTH GOTHARD
PROJECT."
Page 6 - Redevelopment Agency Minutes - 1/21/85
On motion by Kelly, second Green, the Redevelopment. Agency adopted Resolution
No. 112, as amended, by the following roll call vote:
AYES: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
NOES: None
ABSENT: None
Resolution No 113 - Adopted as Amended.- Downtown Core.Subarea Project.
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT -AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF PARTICIPATION OR ISSUANCE OF. BONDS IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION WITH THE. DOWNTOWN CORE SUBAREA
PROJECT."
On motion by Kelly, second Green, the Redevelopment Agency adopted 'Resolution
No. 113, as amended, by the following roll call vote:
AYES: Kelly, MacAllister, Bailey, Finley, Green, Thomas
NOES.: None
ABSTAIN: Mandic
ABSENT: None
Resolution No 114 - Adopted as Amended - Huntington -Lake Subarea Project
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF. PARTICIPATION OR ISSUANCE OF BONDS. IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION WITH THE HUNTINGTON-LAKE
SUBAREA PROJECT."
t
On motion by Kelly, second Green, the Redevelopment Agency adopted Resolution
No. 114, as amended, by the following roll call vote:
AYES: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
NOES: None
ABSENT: None
Resolution No 115 - Adopted as Amended - Huntington Center Project
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF PARTICIPATION OR ISSUANCE OF BONDS,IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION WITH THE HUNTINGTON CENTER
PROJECT."
On motion by Kelly, second Green, the Redevelopment Agency adopted Resolution
No. 115, as amended, by the following roll call vote:
AYES: Kelly, MacAllister, Bailey, Finley, Green, Thomas
NOES: Mandic
ABSENT: None
Resolution No 116 - Adopted as Amended - Atlanta -Beach Subarea Project
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF PARTICIPATION OR ISSUANCE OF BONDS IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION WITH THE ATLANTA-BEACH SUBAREA
PROJECT."
1
AYES: Kelly, Mandic, Bailey, Finley, Green
NOES: MacAllister, Thomas
ABSENT: None
Page 7 - Redevelopment Agency Minutes - 1/21/85
On motion by Kelly, second Green, the Redevelopment Agency adopted Resolution
No. 116, as amended, by the following roll call vote:
AYES: Kelly, Mandic, Bailey, Finley, Green, Thomas
NOES: MacAllister
ABSENT: None
Resolution No 117 - Adopted as Amended - Beach -City Subarea Project
"A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY AUTHORIZING THE
SALE AND DELIVERY OF CERTIFICATES OF PARTICIPATION OR ISSUANCE OF BONDS IN AN
AMOUNT NOT TO EXCEED $10 MILLION IN CONNECTION WITH THE BEACH -CITY SUBAREA
PROJECT."
On motion by Kelly, second Green, the Redevelopment Agency adopted Resolution
No. 117, as amended, by the following roll call vote:
AYES: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
NOES:. None
ABSENT: None
Prioritization of Projects Prior to Expenditure of Industrial and Commercial
Funds - Approved
A motion was made by Mandic, seconded by MacAllister, that before
Council/Redevelopment Agency spends $10,000,000 in•industrial and commercial
revenue financing that they prioritize projects with an emphasis, to the
downtown core area - the first block area.
Following discussion, Councilman/Director Mandic stated that the 'intent of the
motion was not to set Council policy but to direct staff to be aware and
cognizant of that area. The Deputy City Administrator/Deputy Director of
Redevelopment clarified the ten million dollar commercial allocation. The.
vote on the motion was as follows:
AYES: Kelly, MacAllister, Mandic, Bailey, Finley, Green, Thomas
NOES: None y
ABSENT: None
Specific Projects to be Examined and Approved Prior to Issuance of 'Bonds
Approved
A motion was made by Finley, seconded by Bailey, that the action the
Council/Redevelopment Agency took by the adoption of these resolutions does
not represent a decision of the Council/Redevelopment Agency to utilize this
financing mechanism and that the actual decision to do that will come at a
future time based on projects as they come before the Council/Redevelopment
Agency.
Following discussion, a substitute motion was made by Finley, seconded by
Green, that Council policy is that none of these inducement resolutions will.
become in fact a mortgage revenue bond issue on any given project until the
Council has examined the specific project and approved it on its own merits.
The motion carried by the following roll call vote
,I
Page 8 - Redevelopment Agency Minutes - 1/21/85
Study Session Regarding Redevelopment Items to be Scheduled
{
Several Counc ilmembers /Directors recommended that a Study Session be held
regarding redevelopment matters, particularly regarding setting of priorities.
ADJOURNMENT
The Chairman adjourned the regular meeting of the Redevelopment Agency.
Alicia M. Wentworth.
ATTEST: Clerk
Alicia M. Wentworth
Clerk
BY
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Deputy Clerk
BY
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Chairman