HomeMy WebLinkAbout12-23-1986 RDAMINUTES
REDEVELOPMENT AGENCY
CITY OF LAKE ELSINORE
130 SOUTH MAIN STREET
LAKE ELSINORE, CALIFORNIA
TUESDAY, DECEMBER 23, 1986
1. CALL TO ORDER
The regular meeting of the Redevelopment Agency was called to order
at 8:29 p.m. by Chairman Matson.
2. ROLL CALL
PRESENT: BOARDMEMBERS: DOMINGUEZ, MATSON, VERMILLION, WINKLER,
STRIGOTTE
ABSENT: BOARDMEMBERS: NONE
Also present were: Executive Director Molendyk, Assistant City Manager
Gilbert, Agency Counsel Harper, Community Development Director Miller,
Administrative Services Director Barrick, Public Services Director
Kirchner and Clerk of the Board Oliver.
Mr. Matson requested an item be added to the agenda under Unfinished
Business:
S.D. Resolution authorizing substitution of Collateral Agent, relative
to the Multifamily Housing Revenue Bond Issue - 1985 Series A.
MOVED BY STRIGOTTE, SECONDED BY MATSON AND CARRIED UNANIMOUSLY TO ADD
ITEM 5.D. TO THE AGENDA.
3. MINUTES
A. MINUTES OF THE REGULAR BOARD MEETING OF DECEMBER 9, 1986, WERE
APPROVED AS PRESENTED.
4. EXECUTIVE
REPORT
Mr. Molendyk commented that the new issue of Insight Magazine contains
an advertisement for the City of Lake Elsinore.
5. UNINISHED BUSINESS
A. Resolution No. CRA 86-9 - Supplementing and amending Resolution No.
CRA 86-4 Authorizing the issuance of Tax Allocation Bonds for Rede-
velopment Project Area No. II.
MOVED BY STRIGOTTE, SECONDED BY WINKLER AND CARRIED TO ADOPT
RESOLUTION NO. CRA 86-9.
RESOLUTION NO. CRA 86-9
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
LAKE ELSINORE, RIVERSIDE COUNTY, CALIFORNIA, SUPPLEMENTING
AND AMENDING RESOLUTION NO. CRA 86-4 AUTHORIZING THE ISSU-
ANCE OF $3,600,000 PRINCIPAL AMOUNT OF TAX ALLOCATION BONDS,
SERIES 1986, RANCHO LAGUNA REDEVELOPMENT PROJECT AREA NO. II.
AYES: BOARDMEMBERS: DOMINGUEZ, MATSON, WINKLER, STRIGOTTE
NOES: BOARDMEMBERS: VERMILLION
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Redevelopment Agency Minutes
December 23, 1986
5.
6.
BUSINESS - Continued.
B. Planning and Negotiating Agreements between the Agency and Bryant
Morris Associates and Pacific Heritage Associates.
MOVED BY DOMINGUEZ, SECONDED BY STRIGOTTE AND CARRIED TO APPROVE
PLANNING AND NEGOTIATING AGREEMENTS BETWEEN THE REDEVELOPMENT
AGENCY AND BRYANT MORRIS ASSOCIATES AND PACIFIC HERITAGE ASSOCI-
ATES.
AYES: BOARDMEMBERS: DOMINGUEZ, MATSON, STRIGOTTE
NOES: BOARDMENBERS: VERMILLION
ABSTENTIONS: BOARDMEMBERS: WINKLER
C. Property Transfer: Casino/Mill - 32172 Machado Street.
MOVED BY DOMINGUEZ, SECONDED BY STRIGOTTE AND CARRIED UNANIMOUSLY
TO CONCUR WITH COUNCIL ACTION TO COMPLETE PROPERTY APPRAISAL AND
THEN DETERMINE WHETHER TO CONTINUE WITH THE PROPERTY TRANSFER:
CASINO/MILL - 32172 MACHADO STREET.
D. Resolution No. CRA 86-10 - Authorizing substitution of Collateral
Agent relative to the Multifamily Housing Revenue Bond Issue -
1985 Series A.
The City Attorney reported that this action would have no signi-
ficant impact on the City or the bond transaction. This was
merely a formality in order to accomplish the transfer on a more
timely basis.
MOVED BY DOMINGUEZ, SECONDED BY STRIGOTTE AND CARRIED TO ADOPT
RESOLUTION NO. CRA 86-10.
RESOLUTION NO. CRA 86-10
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT
AGENCY OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING
THE APPOINTMENT OF SEATTLE -FIRST NATIONAL BANK AS COLLATERAL
AGENT, AND AUTHORIZING ACTIONS IN CONNECTION THEREWITH.
AYES: BOARDMEMBERS: DOMINGUEZ, MATSON, WINKLER, STRIGOTTE
NOES: BOARDMEMBERS: VERMILLION
NEW BUSINESS
A. Commercial Project
construct a retail
on 1.6 acres at the
Walnut Street.
86-15 - Courton & Associates - Proposal to
center consisting of two (2) buildings located
northwest corner of Riverside Drive and
MOVED BY STRIGOTTE, SECONDED BY DOMINGUEZ AND CARRIED UNANIMOUSLY
TO CONCUR WITH COUNCIL ACTION TO ADOPT THE FINDINGS AND APPROVE
COMMERCIAL PROJECT 86-15 SUBJECT TO FORTY-FOUR (44) CONDITIONS
PLUS CONDITION NO. 45, AS FOLLOWS:
45. "DOORWAYS ALONG FRASER TO BE OF
LANDSCAPING TO BE REQUIRED, AS
OPMENT DIRECTOR."
ENHANCED DESIGN AND ADDITIONAL
APPROVED BY THE COMMUNITY DEVEL-
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Redevelopment Agency Minutes
December 23, 1986
7. REPORTS AND
E:?
Outflow Channel Bridges - Location and Design.
MOVED BY STRIGOTTE, SECONDED BY WINKLER AND CARRIED UNANIMOUSLY TO
CONCUR WITH COUNCIL ACTION REGARDING LOCATION OF BRIDGES AT LAKESHORE
DRIVE, GRAHAM AVENUE, SUMNER AND CHANEY STREETS AND AUTHORIZE ANY
ADDITIONAL COST INCURRED FOR FURTHER DESIGN OF THE CHANEY STREET
BRIDGE BE ALLOCATED FROM THE REDEVELOPMENT AGENCY BUDGET.
Mr. Matson:
Commented that much has been accomplished in 1986 in the areas of
planning and economic development and 1987 should prove to be an
even better year.
MOVED BY MATSON, SECONDED BY STRIGOTTE AND CARRIED UNANIMOUSLY TO
ADJOURN THE REGULAR MEETING OF THE REDEVELOPMENT AGENCY AT 8:36 P.M.
J,OHN MATSON, CHAIRMAN
REDEVELOPMENT AGENCY
Respectfully submitted,
,
Ann Oliver, Clerk of the Board
7,