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RA1999/06/08ANAHEIM CIVIC CENTER, ANAHEIM REDEVELOPMENT AGENCY JUNE 8, 1999 PRESENT: CHAIRMAN : Tom Daly PRESENT: AGENCY MEMBERS : Frank Feldhaus, Lucille Kring, Tom Tait, Shirley McCracken ABSENT: AGENCY MEMBERS : None PRESENT: CITY MANAGER : James Ruth CITY ATTORNEY : Jack White SECRETARY: Leonora N. Sohl EXEC. DIRECTOR OF COMM. DEVELOPMENT : Lisa Stipkovich A complete copy of the agenda for the meeting of the Anaheim Redevelopment Agency was posted at 4:20 p.m. on June 4, 1999, at the City Hall Bulletin Board, (both outside and inside the entrance to City Hall) containing all items as shown herein. Chairman Daly called the regular meeting of the Anaheim Redevelopment Agency to order at 6:10 p.m. FINANCIAL DEMANDS AGAINST THE ANAHEIM REDEVELOPMENT AGENCY in the amount of $116,649.09 for period ending May 24, 1999, and $244,821.06 for period ending June 1, 1999 and $464,228.79 for period ending June 6, 1999 in accordance with the 1998-99 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 : There were no public comments on Redevelopment Agency agenda items. CONSENT CALENDAR ITEMS 1 - 4 : On motion by Chairman Daly, seconded by Agency Member McCracken the following action was authorized in accordance with the reports and recommendations furnished each Agency Member and as listed on the Consent Calendar Agenda. 1. 161: (1 ) Approving the Disposition and Development Agreement by and among the City, Agency and Summit Commercial Properties, Inc., authorizing the City Manager and the Executive Director of the Redevelopment Agency to execute said document and all other necessary implementing documents, including a Parking License Agreement; and (2) approving the concept drawings and materials for the Summit Commercial Properties, Inc., building, excepting monument signage and public art. (Continued from the meetings of May 11, 1999, Item Agency 1, and May 18, 1999, Item Agency 1.) Submitted was report dated May 11, 1999 from the Community Development Department recommending approval of the subject Disposition and Development Agreement . Lisa Stipkovich , Executive Director of Community Development. This is a Disposition and Development Agreement among the City, the Agency and Summit Commercial Properties for the development of a 250,000 square foot office building on the Sportstown site. The Council approved a letter of intent in December, 1998 and staff has been negotiating the final terms and conditions of the agreement which she briefed. Also on the agenda tonight is approval of the concept drawings and materials. She is going to ask the architect to give an overview of the project. There is a net present value revenue stream to the City of 5.2 million dollars over a 30-year period and 4.8 million in tax increment to the Redevelopment Agency, net present value. Dale Yonkin , Nadel Architects representing Summit Development. The project the Agency/Council has seen before is essentially in its final form – a six-story, 250,000 square foot office building located on State College Boulevard and the new entry road into Sportstown. He then briefed the floor plan, site plan and image of the building. ANAHEIM CIVIC CENTER, ANAHEIM REDEVELOPMENT AGENCY JUNE 8, 1999 Chairman Daly. He asked, in his opinion, will the lines and colors of the building complement the Stadium (Edison Field); Mr. Yonkin answered, very much so and explained why it will be an attractive complement to the Stadium. Mrs. Stipkovich, answering the Chairman, stated that groundbreaking for the project is anticipated in November and they have until the end of 2000 to complete the project. 2. 181: Authorizing a solicitation for bids for the Veterans Monument incorporating a sole source vendor (Shaw and Sons) for a portion of the improvements for the Downtown Veterans Monument; and approving the proposed text for the bronze bas-relief. 3. 161: Approving an Owner Participation and Negotiation Agreement with Lincoln-Beach Associates for the assessment of the environmental and physical condition of the site at the northeast corner of Beach Boulevard and Lincoln Avenue, and negotiation of a site development proposal. 4. 161: Approving minutes of the Redevelopment Agency meetings held May 4, 1999, and May 11, 1999. End of Consent Calendar. MOTION CARRIED. ADJOURNMENT: Chairman Daly moved to adjourn, Agency Member McCracken seconded the motion. MOTION CARRIED. (6:16 p.m.) LEONORA N. SOHL SECRETARY