RA1981/01/1381 -3
ANAHEIM REDEVELOPMENT AGENCY
JANUARY 13, 1981, 1:00 P.M.
Council Chambers
Anaheim City Hall
PRESENT: AGENCY MEMBERS: Overholt, Kaywood, Bay, Roth and Seymour
ABSENT: AGENCY MEMBERS: None
PRESENT: CITY MANAGER: William 0. Talley
CITY ATTORNEY: William P. Hopkins
SECRETARY: Linda D. Roberts
EXECUTIVE DIRECTOR: Norman J. Priest
REDEVELOPMENT MANAGER: Susan Schick
Chairman Seymour called the regular meeting of the Anaheim Redevelopment
Agency to order at 1 :25 p.m.
MINUTES On motion by Mrs. Kaywood, seconded by Mr. Bay, minutes of the
Anaheim Redevelopment Agency regular meeting held December 30, 1980, were
approved. MOTION CARRIED.
FINANCIAL DEMANDS AGAINST THE ANAHEIM REDEVELOPMENT AGENCY in the amount
of $9,468.85, in accordance with the 1980 -81 Budget, were approved.
161.107: AWARD OF CONTRACT NO. D80 -7 - SITE CLEARANCE In accordance
with recommendations by the Executive Director, Mrs. Kaywood offered
Resolution No. ARA81 -1 for adoption. Refer to Resolution Book.
RESOLUTION NO. ARA81 -1 : A RESOLUTION OF THE ANAHEIM REDEVELOPMENT
AGENCY ACCEPTING A SEALED PROPOSAL AND AWARDING A CONTRACT TO THE
LOWEST RESPONSIBLE BIDDER FOR DEMOLITION AND CLEARANCE OF CERTAIN
AGENCY PROPERTIES. (D80 -7; Coxco Associates, $99,079.70; property
bounded generally by Helena and Chartres Streets and New Lincoln Ave.)
Roll Call Vote:
AYES: AGENCY MEMBERS: Overholt, Kaywood, Bay, Roth and Seymour
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: None
Chairman Seymour declared Resolution No. ARA81 -1 duly passed and adopted.
161.123: FIFTH AMENDMENT - WILLIAM BRASHEARS: Mr. Priest briefly
reported on his recommended approval of a 90 -day extension to the Exclusive
Right to Negotiate Agreement with William Brashears, which would defer
actual execution of a Disposition and Development Agreement until financing
for the proposed Anaheim Financial Center development is finalized.
Agency Member Roth moved that the recommended 90 -day extension to the
Negotiation Agreement between the Redevelopment Agency and William
Brashears be approved. Agency Member Overholt seconded the motion.
81 -4
ANAHEIM REDEVELOPMENT AGENCY JANUARY 13 1981 1:00 P.M.
Mr. F. K. Friedemann, Attorney representing Dr. Brashears, was invited to
address the Agency and advised that after working with the Redevelopment
staff, the Disposition and Development Agreement was in final form.
Dr. William Brashears came forward and called attention to a model of
the development proposed, which was on display in the Council Chamber.
He pointed out the streets which bounded the area in question, Harbor
Boulevard, Broadway, Lemon /Clementine Street and Lincoln Avenue, and
advised that negotiations had been completed with United California Bank
for acquisition of their facility, with a few minor details to be worked
out. One -third of the space in the first office building (northeast
corner of Harbor Boulevard and Broadway) had been committed for leasing,
as well as letters of intent from other interested parties which had been
received. The second portion of the proposed development would contain
a hotel. The eleven -story condominium would be located on the north side
of Broadway west of Lemon Street, and a "twin" office building
would be erected at the northwest corner of Lemon /Clementine Street and
Broadway. The next structure to be developed was the largest office
building on the south side of New Lincoln Avenue across from Pacific
Telephone Company. A restaurant was designed for location at the corner
of Lemon Street and New Lincoln Avenue, with three other restaurants
projected in the hotel development. The final phase of the proposed
development was to be commercial facilities which would tie all of the
buildings together, in a manner similar to "The Gallery" in Houston,
Texas. ....
Dr. Brashears further reported they had been holding discussions with the
Orange County Transit District concerning the possibility of bringing
rapid transit availability into Downtown Anaheim, and they had taken an
artistic license by showing the transportation center on Harbor Boule-
vard within the area in question, rather than in the Disneyland area.
In response to question by Agency Member Kaywood, Mr. Friedemann came
forward and noted the time which had been spent in putting together a
Disposition and Development Agreement, and in negotiating with the
United California Bank for acquisition of their property at the north-
east corner of Harbor and Broadway. He pointed out the various financing
alternatives which had been explored, and the soaring interest rates,
advising that they were prepared to be flexible. He briefly outlined
the various approaches and negotiations in progress, estimating that
in four to six weeks they would be in the final stages of documentation
for one of their financial alternatives, and no substantial problems
were anticipated. Groundbreaking should take place in approximately
six months.
Regarding the proposed hotel, Mr. Friedemann stated that considerable
interest had been indicated in a hotel facility on Harbor Boulevard
as a part of their project. One hotel group was Trust House Forte,
which was interested in coming in to.the hotel on a management basis;
however, it was determined to hold any negotiations at the present
time pending finalization of financing for the office structure.
The motion previously made to extend the Negotiation Agreement with
Dr. William Brashears for ninety days was restated. MOTION CARRIED.
81 -5
ANAHEIM REDEVELOPMENT AGENCY JAN UARY 13, 1981, 1:00 P.M.
161.118: REGULATIONS - CLAIMS AGAINST THE ANAHEIM REDEVELOPMENT AGENCY
In accordance with recommendations by the City Attorney, Mr. Roth
offered Resolution No. ARA81 -2 for adoption. Refer to Resolution Book.
RESOLUTION NO. ARA81 -2 : A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY
ESTABLISHING REGULATIONS REGARDING CLAIMS FOR MONEY OR DAMAGES AGAINST
THE ANAHEIM REDEVELOPMENT AGENCY.
Roll Call Vote:
AYES: AGENCY MEMBERS: Overholt, Kaywood, Bay, Roth and Seymour
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: None
Chairman Seymour declared Resolution No. ARA81 -2 duly passed and adopted.
161.157: APPROVAL OF UNION BANK QUALIFIED MORTGAGE LENDER In accord-
ance with recommendation by the Executive Director, Mr. Bay offered
Resolution No. ARA81 -3 for adoption. Refer to Resolution Book.
RESOLUTION N0, ARA81 -3 : A RESOLUTION OF THE ANAHEIM REDEVELOPMENT
AGENCY APPROVING UNION BANK AS A QUALIFIED MORTGAGE LENDER.
Roll Call Vote:
AYES: AGENCY MEMBERS: Overholt, Kaywood, Bay, Roth and Seymour
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: None
Chairman Seymour declared Resolution No. ARA81 -3 duly passed and adopted.
ADJOURNMENT There being no further business to come before the Anaheim
Redevelopment Agency, Mrs. Kaywood moved to adjourn. Mr. Roth seconded
the motion. MOTION CARRIED.
ADJOURNED: 1:51 p.m.
LINDA D. ROBERTS, SECRETARY