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RA1996/05/14ANAHEIM CIVIC CENTER ANAHEI, M REDEVELOPMENT AGENCY MAY 147 1996 PRESENT: ABSENT: PRESENT: AGENCY MEMBERS: Tom Tait, Bob Zemel, Frank Feldhaus, Lou Lopez, Tom Daly AGENCY MEMBERS: None CITY MANAGER: James Ruth CITY ATTORNEY: Jack VVhite SECRETARY: Leonora N. Sohl EXECUTIVE DIRECTOR OF COMMUNITY DEVELOPMENT: Lisa Stipkovich A complete copy of the agenda for the meeting of the Anaheim Redevelopment Agency was posted at 1:34 p.m. on May 10, 1996 at the Civic Center Kiosk, containing all items as shown herein. Chairman Daly called the regular meeting of the Anaheim Redevelopment Agency to order at 5:36 p.m. FINANCIAL DEMANDS AGAINST THE ANAHEIM REDEVELOPMENT AGENCY in the amount of $192,146.47 for the period ending May 10, 1996, in accordance with the 1995-96 Budget, were approved. ADDITIONS TO THE AGENDA: There were no additions to agenda items. ITEMS OF PUBLIC INTEREST: No items of public interest were addressed. PUBLIC COMMENTS -AGENDA ITEMS: Mr. Jeff Kirsch spoke under the one agenda item. See comments below. CONSENT CALENDAR ITEMS t: On motion by Chair~nan Daly, seconded by Agency Member Zemel, the following actions were authorized in accordance with the reports and recommendations furnished each Agency Member and as listed on the Consent Calendar Agenda. 123: COOPERATION AGREEMENT BETWEEN CITY OF ANAHEIM AND ANAHEIM REDEVELOPMENT AGENCY (ANAHEIM STADIUM): Submitted was report dated May 14, 1996 from the Executive Director of Community Development recommending, subsequent to a Public Hearing by the City Council (see Item A18. under Council Meeting this date, May 14, 1996), that the Agency, by resolution, approve a Cooperation Agreement regarding Anaheim Stadium Renovation and to make certain findings. The resolution to be acted upon under Item A18. of the City Council Meeting is as follows: RESOLUTION NO. ARA96-1: A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY APPROVING A COOPERATION AGREEMENT AND MAKING CERTAIN FINDINGS. The agreement requires the Agency to reimburse the City of Anaheim for certain expenditures incurred by the City in the amount of $10,000,000, plus accrued interest, for improvements and renovations to be made to Anaheim Stadium. Jeff Kirsch, 2661 W. Palais, Anaheim. Several years ago when the need arose, this area was put into a Redevelopment Project because there were no funds available to complete the balance of repairs due to earthquake damage at the Stadium. At that time, there was no consideration of dipping into reserve funds. It is ironic to him that at this time and for an unrelated purpose, (rehabilitation or expansion of Anaheim Stadium), there are now reserves seemingly in great supply and a willingness to use those reserves. MOTION: Chairman Daly moved to recess the Redevelopment Agency at this time and to reconvene it when Item A18. is discussed under today's Council Meeting. Agency Member Zemel seconded the motion. MOTION CARRIED. (5:36 p.m.) See minutes of Council Meeting of May 14, 1996, Item A18., where extensive discussion and input was received following which Resolution No. ARA96-1 was adopted. Chairman Daly offered Resolution No. ARA96-1 for adoption. Refer to Resolution Book. RESOLUTION NO. ARA96-1A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY APPROVING A COOPERATION AGREEMENT AND MAKING CERTAIN FINDINGS. THIS AGREEMENT REQUIRES THE AGENCY TO REIMBURSE THE CITY OF ANAHEIM FOR CERTAIN EXPENDITURES INCURRED BY THE CITY IN THE AMOUNT OF $10,000,000, PLUS ACCRUED INTEREST, FOR IMPROVEMENTS AND RENOVATIONS TO BE MADE TO ANAHEIM STADIUM. Roll Call Vote on Resolution No. ARA9$-I for adoption: AYES: NOES: ABSENT: CHAIRMAN/AGENCY MEMBERS: Feldhaus, Lopez, Daly CHAIRMAN/AGENCY MEMBERS: Tait, Zemel CHAIRMAN/AGENCY MEMBERS: None The Chairman declared Resolution No. ARA96-1 duly passed and adopted. ADJOURNMENT: By general Agency consent, the Redevelopment Agency meeting of May 14, 1996 was adjourned (9:45 P.M.~ LEONORA N. SOHL SECRETARY