HomeMy WebLinkAboutCC and RDA Joint Special Meeting AgendaCITY OF LAKE ELSINORE
CITY COUNCIL AND REDEVELOPMENT AGENCY
JOINT SPECIAL MEETING AGENDA
AMY BHUTTA, MAYOR WWW.LAKE- ELSINORE.ORG
ROBERT E. "BOB" MAGEE, MAYOR PRO TEM (951) 674 -3124 PHONE
DARYL HICKMAN, COUNCILMEMBER (951) 674 -2392 FAX
MELISSA A. MELENDEZ, COUNCILMEMBER LAKE ELSINORE CULTURAL CENTER
BRIAN TISDALE, COUNCILMEMBER 183 NORTH MAIN STREET
ROBERT A. BRADY, CITY MANAGER LAKE ELSINORE, CA 92530
THURSDAY, MARCH 10, 2011 — 5:30 P.M.
The City of Lake Elsinore appreciates your attendance. Citizen's interest
provides the Council and Agency with valuable information regarding
issues of the community.
If you are attending this Joint Special Meeting, please park in the Parking
Lot across the street from the Cultural Center. This will assist us in
limiting the impact of meetings on the Downtown Business District. Thank
you for your cooperation.
In compliance with the Americans with Disabilities Act, any person with a
disability who requires a modification or accommodation in order to
participate in this meeting should contact the City Clerk's Office at (951)
674 -3124, ext. 262. Notification prior to a meeting will generally enable City
staff to make reasonable arrangements to ensure accessibility.
CALL TO ORDER
PLEDGE OF ALLEGIANCE
ROLL CALL
PUBLIC COMMENTS — 3 MINUTES
(Please read & complete a Speaker's Form at the Podium, prior to the start of
the Joint Special Meeting. The Mayor will call on you to speak.)
JOINT CITY COUNCIL /REDEVELOPMENT AGENCY CLOSED SESSION
CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION
Significant exposure to litigation pursuant to subdivision (b) of Gov't Code
Section 54956.9: (1 potential case)
BUSINESS ITEM
(1) Consideration of (i) Reimbursement Agreements By And Between The
Redevelopment Agency And The City of Lake Elsinore Affecting The Launch
Ramp Project, General Infrastructure And Facilities and Lera, (ii) Assignment Of
Certain Disposition And Development Agreements By The Redevelopment
Agency To The City of Lake Elsinore and (iii) Transfer of Certain Real Properties
By The Redevelopment Agency To The City of Lake Elsinore
Recommendation: It is recommended that the Redevelopment
Agency:
1) ADOPT RESOLUTION NO. 2011 -_ A RESOLUTION OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
APPROVING THE EXECUTION AND DELIVERY OF REIMBURSEMENT
AGREEMENTS WITH THE CITY OF LAKE ELSINORE AND AUTHORIZING
CERTAIN OTHER ACTIONS IN CONNECTION THEREWITH (LAUNCH RAMP
PROJECT; GENERAL INFRASTRUCTURE AND FACILITIES)
2) ADOPT RESOLUTION NO. 2011 -_ A RESOLUTION OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
APPROVING A CONSOLIDATED AMENDED AND RESTATED
REIMBURSEMENT AGREEMENT AND AUTHORIZING THE TAKING OF
CERTAIN OTHER ACTIONS IN CONNECTION THEREWITH (LERA)
3) AUTHORIZE THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL
DOCUMENTS NECESSARY FOR PREPAYMENT OF $2,000,000 PURSUANT
TO THAT CERTAIN AGREEMENT REGARDING ADVANCES DATED AS OF
JULY 1, 2000, ENTERED INTO BY AND BETWEEN AGENCY AND THE CITY
4) AUTHORIZE THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL
DOCUMENTS NECESSARY FOR THE ASSIGNMENT OF THAT CERTAIN
DISPOSITION AND DEVELOPMENT AGREEMENT (POTTERY COURT)
DATED MAY 26, 2009, AS AMENDED TO THE CITY OF LAKE ELSINORE
AND FOR THE TRANSFER OF UNDISBURSED LOAN PROCEEDS
PURSUANT THERETO TO THE CITY TO BE DISBURSED IN ACCORDANCE
WITH SAID AGREEMENT
5) AUTHORIZE THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL
DOCUMENTS NECESSARY FOR THE ASSIGNMENT OF THAT CERTAIN
AMENDED AND RESTATED DISPOSITION AND DEVELOPMENT
AGREEMENT DATED MARCH 8, 2011 BY AND AMONG THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE, MCMILLIN
SUMMERLY, LLC, and CIVIC PARTNERS- ELSINORE LLC, AND FOR THE
TRANSFER OF ACCRUED TAX REVENUES PLEDGED PURSUANT
THERETO TO THE CITY TO BE DISBURSED IN ACCORDANCE WITH SAID
AGREEMENT
6) AUTHORIZE THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL
DOCUMENTS NECESSARY FOR THE CONVEYANCE OF CERTAIN REAL
PROPERTY TO THE CITY OF LAKE ELSINORE FROM THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
Recommendation: It is recommended that the City Council:
1) ADOPT RESOLUTION NO. 2011- A RESOLUTION OF THE CITY
COUNCIL OF THE CITY OF LAKE ELSINORE APPROVING THE EXECUTION
AND DELIVERY OF REIMBURSEMENT AGREEMENTS (LAUNCH RAMP
PROJECT (LAUNCH RAMP PROJECT; GENERAL INFRASTRUCTURE AND
FACILITIES)
.2) ADOPT RESOLUTION NO. 2011- RESOLUTION OF THE CITY
COUNCIL OF THE CITY OF LAKE ELSINORE APPROVING A
CONSOLIDATED AMENDED AND RESTATED REIMBURSEMENT
AGREEMENT AND AUTHORIZING THE TAKING OF CERTAIN OTHER
ACTIONS IN CONNECTION THEREWITH (LERA)
3) AUTHORIZE THE CITY MANAGER TO EXECUTE ANY AND ALL
DOCUMENTS NECESSARY FOR PREPAYMENT OF $2,000,000 PURSUANT
.TO THAT CERTAIN AGREEMENT REGARDING ADVANCES DATED AS OF
JULY 1, 2000, ENTERED INTO BY AND BETWEEN AGENCY AND THE CITY
4) AUTHORIZE THE CITY MANAGER TO EXECUTE ANY AND ALL
DOCUMENTS NECESSARY FOR THE ACCEPTANCE OF THE ASSIGNMENT
OF THAT CERTAIN DISPOSITION AND DEVELOPMENT AGREEMENT
(POTTERY COURT) DATED MAY 26, 2009, AS AMENDED TO THE CITY OF
LAKE ELSINORE AND FOR THE TRANSFER OF UNDISBURSED LOAN
PROCEEDS PURSUANT THERETO TO THE CITY TO BE DISBURSED IN
ACCORDANCE WITH SAID AGREEMENT
5) AUTHORIZE THE CITY MANAGER TO EXECUTE ANY AND ALL
DOCUMENTS NECESSARY FOR THE ACCEPTANCE OF THE ASSIGNMENT
OF THAT CERTAIN AMENDED AND RESTATED DISPOSITION AND
DEVELOPMENT AGREEMENT DATED MARCH 8, 2011 BY AND AMONG THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE, MCMILLIN
SUMMERLY, LLC, and CIVIC PARTNERS- ELSINORE LLC, AND FOR THE
TRANSFER OF ACCRUED TAX REVENUES PLEDGED PURSUANT
THERETO TO THE CITY TO BE DISBURSED IN ACCORDANCE WITH SAID
AGREEMENT
6) AUTHORIZE THE CITY MANAGER TO EXECUTE ANY AND ALL
DOCUMENTS NECESSARY FOR THE ACCEPTANCE OF THE CONVEYANCE
OF CERTAIN REAL PROPERTY TO THE CITY OF LAKE ELSINORE FROM
THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
ADJOURNMENT