RA1981/05/0581 -39
ANAHEIM REDEVELOPMENT AGENCY
May 5, 1981, 1:00 P.M.
Council Chambers
Anaheim Civic Center
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
Chairman Seymour called the regular meeting of the Anaheim Redevelopment
Agency to order at 1:30 p.m.
MINUTES On motion by Mrs. Kaywood, seconded by Mr. Roth, minutes of the
regular meeting held April 21, 1981, were approved. MOTION CARRIED.
161: OLD EL CAMINO BANK BUILDING RESTORATION AND FINANCING Consideration
by the Redevelopment Agency of financial assistance, under the Marks His-
torical Rehabilitation Act of 1976 Revenue Backed Financing Program, for
- restoration of the old E1 Camino Bank building, and authorization of an
agreement with Wilson, Morton, Assaf & McElligott for Bond Counsel services
in connection therewith, was continued from the meetings of April 21 and
28, 1981, for additional information on alternative financing.
It was noted that an analysis of commercial funding under S.B. 99, contrasted
with funding under the Marks Historical Restoration Act of 1976, had been
submitted this date by Wilson, Morton, Assaf & McElligott,together with a
report by the Executive Director recommending that the Marks Historical
Restoration funding be utilized for the restoration of the old E1 Camino
Bank building.
Agency Member Roth offered Resolution No. ARA81 -10 for adoption. Refer
to Resolution Book.
RESOLUTION N0, ARA81 -10 A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY
STATING ITS INTENTION TO ESTABLISH A MARKS HISTORICAL REHABILITATION PRO-
GRAM AND TO ISSUE REHABILITATION NOTES FOR CERTAIN HISTORIC PROPERTIES IN
THE CITY OF ANAHEIM, AND TO RETAIN BOND COUNSEL.
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 -10 duly passed and adopted.
81 -40
ANAHEIM REDEVELOPMENT AGENCY MAY 5 1981 1.00 P.M.
Agency Member Roth moved that an agreement with Wilson, Morton, Assaf
& McElligott for Bond Counsel services relating to legal proceedings
for the authorization, issuance and sale of tax - exempt bonds under the
Marks Historical Rehabilitation Act of 1976, be authorized, as recom-
mended by the Executive Director. Agency Member Bay seconded the motion.
MOTION CARRIED.
161.123: AGREEMENT WITH CITY OF ANAHEIM - ECONOMIC DEVELOPMENT PLAN
In accordance with recommendations by the Executive Director, Mr. Overholt
moved that an agreement with the City of Anaheim providing for Agency
payment of $35,700 as a share of costs for preparation of studies and
information relating to conditions of blight within the definitions set
forth in Section 33031 or 33032 of the Health and Safety Code, be
authorized. Mr. Seymour seconded the motion. MOTION CARRIED.
161.158: RELOCATION CLAIMS AGAINST THE CITY No relocation claims pending
over a ninety -day period were reported.
ADJOURNMENT There being no further business to come before the Anaheim
Redevelopment Agency, Mr. Overholt moved to adjourn, Mrs. Kaywood seconded
the motion. MOTION CARRIED.
ADJOURNED: 1:33 P.M.
LINDA D. ROBERTS, SECRETARY