RA1982/04/2782 -34
Anaheim Civic Center, ANAHEIM REDEVELOPMENT AGENCY �*
April 27, 1982, 1:00 P.M.
PRESENT: AGENCY MEMBERS: Overholt, Kaywood, Roth and Bay
ABSENT: AGENCY MEMBERS: None
VACANCY: AGENCY MEMBERS: One
PRESENT: CITY MANAGER: William 0. Talley
CITY ATTORNEY: William P. Hopkins
SECRETARY: Linda D. Roberts
EXECUTIVE DIRECTOR: Norman J. Priest
Chairman Ben Bay called the meeting of the Anaheim Redevelopment Agency to
order at 1:20 p.m.
MINUTES: Approval of the minutes was deferred to the next regular meeting.
FINANCIAL DEMANDS AGAINST THE ANAHEIM REDEVELOPMENT AGENCY in the amount of
$12,626.17, in accordance with the 1981 -82 Budget, were approved.
161.116: AUDIT REPORT OF RELOCATION ASSISTANCE - THREE MONTH PERIOD ENDED
MARCH 31, 1982: Mrs. Kaywood moved to receive and file Audit Report of
Relocation Assistance Account for the three -month period ended March 31, 1982,
as recommended and transmitted under memorandum dated April 22, 1982, from the
Executive Director of Community Development, Norman Priest. Mr. Overholt
seconded the motion. One Vacancy. MOTION CARRIED. �..
161:137: ISSUANCE OF $20 MILLION BONDS TO FINANCE A PORTION OF REDEVELOPMENT
PROJECT ALPHA: Executive Director of Community Development, Norman Priest,
briefed the Agency on his report dated April 21, 1982, recommending that the
Agency adopt a resolution authorizing the issuance of $20 million bonds to
finance a portion of the cost of a Redevelopment project known as
Redevelopment Project Alpha, and subsequently, a resolution approving the
preliminary official statement and authorizing the Invitation of Proposals for
the purchase of $20 million Tax Allocation Series C Bonds. Mr. Priest then
outlined some minor clarifications to the proposed resolutions. Further, Bond
Counsel, O'Melveny and Myers, and a representative from Blythe Eastman Paine
Webber, were present to respond to any questions.
Mr. Overholt offered Resolution Nos. ARA82 -22 and ARA82 -23 for adoption.
Refer to Resolution Book.
RESOLUTION NO. ARA82 -22: A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY
AUTHORIZING THE ISSUANCE OF $20,000,000 BONDS OF SAID AGENCY TO FINANCE A
PORTION OF THE COST OF A REDEVELOPMENT PROJECT KNOWN AS REDEVELOPMENT PROJECT
ALPHA.
RESOLUTION NO. ARA82 -23: A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY
AUTHORIZING THE INVITATION OF PROPOSALS FOR THE PURCHASE OF $20,000,000 TAX
ALLOCATION BONDS OF SAID AGENCY. (May 18, 1982, 10:00 a.m., and in the event
of no bids that date, June 1, 1982, 10:00 a.m.)
82 -35
Anaheim Civic Center, ANAHEIM REDEVELOPMENT AGENCY
April 27, 1982, 1:00 P.M.
Roll Call Vote:
AYES:
AGENCY MEMBERS:
NOES:
AGENCY MEMBERS:
ABSENT:
AGENCY MEMBERS:
VACANCY:
AGENCY MEMBERS:
Overholt, Kaywood, Roth and Bay
None
None
One
The Chairman declared Resolution Nos. ARA82 -22 and ARA82 -23 duly passed and
adopted.
161.123: COOPERATION AGREEMENT NO. 13 - RIGHT -0_F -WAY AND TRAFFIC SIGNAL
IMPROVEMENTS: Mr. Roth offered Resolution No. ARA82 -24 for adoption,
authorizing a Cooperation Agreement No. 13 with the City, for the design and
installation of right -of -way and traffic signal improvements at Lakeview and
La Palma Avenue, as recommended in memorandum dated April 21, 1982, from the
Executive Director of Community Development. Refer to Resolution Book.
RESOLUTION NO. ARA82 -24: A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY
APPROVING THE TERMS AND CONDITIONS OF COOPERATION AGREEMENT NO. 13 FOR THE
DESIGN AND INSTALLATION OF RIGHT -OF -WAY AND TRAFFIC SIGNAL IMPROVEMENTS WITH
THE CITY OF ANAHEIM.
Roll Call Vote:
AYES:
AGENCY MEMBERS:
NOES:
AGENCY MEMBERS:
ABSENT:
AGENCY MEMBERS:
VACANCY:
AGENCY MEMBERS:
Overholt, Kaywood, Roth and Bay
None
None
One
The Chairman declared Resolution No. ARA82 -24 duly passed and adopted.
161.158: PAYMENT OF RELOCATION COST - CASE NO. ARA 633 -TB: On motion by Mr.
Overholt, seconded by Mr. Roth, payment of a relocation claim was authorized
in an amount not to exceed $30,000, in Case No. ARA 633 -TB, as recommended in
memorandum dated April 21, 1982, from the Executive Director of Community
Development. One Vacancy. MOTION CARRIED.
161.158: TEMPORARY LOCATION FOR A BUSINESS AT THE NORTHWEST CORNER OF
CLAUDI STREET AND OLD LINCOLN AVENUE - LEASE OF MODULES - CASE NO. 634 -TB:
On motion by Mr. Roth, seconded by Mrs. Kaywood, consideration of a Lease
Agreement with PBS Building Systems, Inc., and a Relocation and Rental
Agreement for Case No. 634 -TB, was continued one week. One Vacancy. MOTION
CARRIED.
ADJOURNMENT: Mrs. Kaywood moved to adjourn. Mr. Roth seconded the motion.
One Vacancy. MOTION CARRIED. (1:32 p.m.)
LINDA D. ROBERTS, SECRETARY