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RA1980/05/2780 -41 ANAHEIM REDEVELOPMENT AGENCY MAY 27, 1980, 1:00 P.M. Council Chamber Anaheim City Hall PRESENT: AGENCY MEMBERS: Overholt, Kaywood and Seymour ABSENT: AGENCY MEMBERS: Bay and Roth PRESENT: CITY MANAGER: William 0. Talley CITY ATTORNEY: William P. HopkJns SECRETARY: Linda D. Roberts EXECUTIVE DIRECTOR: Norman J. Priest Chairman Seymour called the regular meeting of the Anaheim Redevelopment Agency to order -at 1:40 P.M. MINUTES On motion by Mrs. Kaywood, seconded by Mr. Overholt, minutes of the Anaheim Redevelopment Agency regular meeting held May 20, 1980, were approved. Agency Members Bay and Roth were absent. MOTION CARRIED. FINANCIAL DEMANDS AGAINST THE ANAHEIM REDEVELOPMENT AGENCY in the amount of $12,498.63, in accordance with the 1979 -80 Budget, were approved. 161.128: FINANCIAL STATEMENTS PERIOD ENDING APRIL 30 1980 On motion by Mr. Overholt, seconded by Mrs. Kaywood, Redevelopment Agency Financial Statements for Redevelopment Project Alpha were ordered received and filed, as recommended by the Executive Director. Agency Members Bay and Roth were absent. MOTION CARRIED. 161: MONTHLY STATUS REPORT - APRIL 1980 On motion by Mrs. Kaywood, seconded by Mr. Overholt, the Monthly Status Report covering Redevelopment activities for the month of April 1980, was ordered received and filed. Agency Members Bay and Roth were absent. MOTION CARRIED. 161.123: A WITH PRICE WATERHOUSE AND COMPANY - ANNUAL AUDIT: In accord- ance with report and recommendation by the Executive Director, Mr. Overholt moved that execution of an agreement with Price Waterhouse and Company to conduct the annual audit for the Anaheim Redevelopment Agency, be authorized. Mrs. Kaywood seconded the motion. Agency Members Bay and Roth were absent. MOTION CARRIED. 161.121: PROPOSED CONDEMNATION OF CER R EAL PROPERTY - 124 NORTH OLIVE STREET: At the request of the Executive Director, proposed resolution finding and deter- mining the public interest and necessity for acquiring and authorizing the condemnation of certain real property within the Redevelopment project area,was withdrawn. (124 North Olive Street) EXECUTIVE SESSION In accordance with request by the Executive Director, the Anaheim Redevelopment Agency recessed into Executive Session, commencing at 2:28 P.M., on motion by Mr. Overholt, seconded by Mrs. Kaywood. Agency Members Bay and Roth were absent. MOTION CARRIED. (1:41 P.M.) 80 -42 ANAHEIM REDEVELOPMENT AGENCY, MAY 27 1980 1.00 P.M. AFTER RECESS Chairman Seymour reconvened the Redevelopment Agency meeting at 2:36 P.M., all Agency Members being present with the exception of Mr. Bay and Mr. Roth. 161.112: SETTLEMENT OF LITIGATION ORANGE COUNTY SUPERIOR COURT CASE NO. 31 -54: In accordance with recommendation by the Executive Director and Agency Counsel, it was moved by Mr. Seymour, seconded by Mr. Overholt, that the law firm of Oliver, Stoever and Laskin, special counsel to the Agency, be authorized to make settle- ment of Superior Court Case No. 31 -15 -54 in the amount of $113,000., which includes interest at 7% per annum, attorneys' fees, costs and all claims asserted in the related cross - complaint. Agency Members Bay and Roth were absent. MOTION CARRIED. ADJOURNMENT There being no further business to come before the Anaheim Redevelop- ment Agency, Mrs. Kaywood moved to adjourn. 'Mr. Overholt seconded the motion. Agency Members Bay and Roth were absent. MOTION CARRIED, ADJOURNED: 2:37 P.M. LINDA D. ROBERTS, SECRETARY