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RA1990/09/25129 Anaheim Civic Center, ANAHEIM REDEVELOPMENT AGENCY September 25, 1990, 5:20 P.M. PRESENT: AGENCY MEMBERS: Daly, Ehrle, Kaywood, Pickler and Hunter ABSENT: AGENCY MEMBERS: None PRESENT: ASSISTANT CITY MANAGER: Jim Armstrong ASSISTANT CITY ATTORNEY: Robert Franks SECRETARY: Leonora N. Sohl EXECUTIVE DIRECTOR OF COMMUNITY DEVELOPMENT: Lisa Stipkovich A complete copy of the agenda for the meeting of the Anaheim Redevelopment Agency was posted at 3:55 p.m. on September 21, 1990 at the Civic Center kiosk, containing all items as shown herein. Chairman Hunter called the regular meeting of the Anaheim Redevelopment Agency to order at 5:32 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 $541,652.07, in accordance with the 1990 -91 budget, were approved. 123/158: AGREEMENT FOR PROFESSIONAL ACOUISITION CONSULTING SERVICES - SECURITY LAND AND RIGHT -OF -WAY SERVICES, INC • Submitted was report dated September 25, 1990 from the Property Services Manager, recommending approval of the subject r— agreement. Agency Member Pickler moved to approve an agreement with Security Land and Right of Way Services, Inc., for professional acquisition consulting services in connection with various redevelopment projects, and authorizing the Executive Director to execute the Agreement, as recommended in memorandum dated September 25, 1990 from the Property Services Manager. Agency Member Daly seconded the motion. MOTION CARRIED. 152/177: USE OF SUBORDINATION AGREEMENTS - FIRST -TIME HOMEBUYER DOWN PAYMENT ASSISTANCE PROGRAM: Submitted was report dated September 17, 1990 from the Housing Development Manager, recommending that the Executive Director be authorized to sign subordination agreements for First -Time Homebuyer Down Payment Assistance Program. Agency Member Pickler offered Resolution No. ARA90 -28 for adoption, authorizing the Executive Director to sign subordination agreements for First -Time Homebuyer Down Payment Assistance program, as recommended in report dated September 17, 1990. Refer to Resolution Book. RESOLUTION NO. ARA90 -28: A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY AUTHORIZING THE EXECUTIVE DIRECTOR TO SIGN SUBORDINATION AGREEMENTS FOR FIRST TIME HOMEBUYER DOWN PAYMENT ASSISTANCE PROGRAM. 90 -75 130 Anaheim Civic Center, ANAHEIM REDEVELOPMENT AGENCY September 25, 1990, 5:20 P.M. Roll Call Vote: AYES: AGENCY MEMBERS: Daly, Ehrle, Kaywood, Pickler and Hunter NOES: AGENCY MEMBERS: None ABSENT: AGENCY MEMBERS: None The Chairman declared Resolution No. ARA90 -28 duly passed and adopted. ITEMS OF ITEMS OF PUBLIC INTEREST: No items of public interest were addressed. RECESS: By general consent the Agency recessed to 6:00 p.m. for a joint public hearing with the City Council. (5:34 p.m.) 161/157: JOINT PUBLIC HEARING - CITY COUNCIL /REDEVELOPMENT AGENCY - DISPOSITION AND DEVELOPMENT AGREEMENT - VINEYARD HISTORIC HOMES: To consider the proposed Disposition and Development Agreement with Vineyard Historic Homes, indicating the terms and conditions of the sale of certain real property located at the following sites within Redevelopment Project Alpha: 211 South Kroeger, 125 South Kroeger, 117 South Kroeger, 113 South Kroeger, 320 East Cypress, 308 East Cypress, 280 North Philadelphia, 240 North Philadelphia, 200 North Philadelphia and 217 North Emily. Developer will purchase real property and historic single family structures for the purpose of rehabilitation of said structures (BLOCK 8 PROJECT). Submitted was report dated September 17, 1990 from the Community Development Department, recommending certain Environmental Findings, approving the proposed sale of certain real property and Redevelopment Project Alpha and approving the proposed Disposition and Development Agreement pertaining thereto. PUBLIC NOTICE REQUIREMENTS MET BY: Publication in Anaheim Bulletin September 11 and September 18, 1990. Lisa Stipkovich, Executive Director of Community Development. She briefed the September 17, 1990 staff report attached to which was a summary of the Disposition and Development Agreement (made a part of the record). The agreement has been prepared in accordance with a selection process which she explained. In concluding, she noted that although the purchase price established in the agreement is below fair market value, it is deemed appropriate given the benefits provided to the community and will generate funds for use by the Anaheim Historic Preservation Foundation for its programs. Staff is recommending approval of the agreement because the purchase price as set would accomplish certain objectives of the Agency, (1) preservation of historical properties and, (2) generate funds for the use of Anaheim Historical Preservation Foundation. The terms of the Disposition and Development Agreement between the Agency and the Developer are consistent with the goals and objectives of the Redevelopment Plan. Councilman Daly posed questions relative to guidelines for expenditure of the proceeds. G M" 1 • 127 Anaheim Civic Center, ANAHEIM REDEVELOPMENT AGENCY September 25, 1990, 5:20 P.M. Lisa Stipkovich. Staff has reviewed the Joint Venture Agreement between the non - profit as well as Granger Development /Vintage Historic Homes. They also reviewed the Charter and bylaws of the non - profit Agency and identified what activities they can enter into. Staff has information on what the organization can conduct as their regular business, and feel it is adequately represented and covered within their bylaws. Rob ZurSchmiede, Property Services Manager. Staff has had conversations with the Preservation Foundation as to how they would actually get some of the programs up and running, specifically in the area of loans and some of the neighborhoods surrounding the Redevelopment area. The Agency has had experience making rehabilitation loans and indicated they would be happy to assist. It is their intent to help the "not for profit" group get started and be successful. AGENCY /COUNCIL ACTION: Chairman /Mayor Hunter closed the public hearing. Agency Member Daly posed additional questions which were answered both by staff and Sally Horton. Sally Horton, Anaheim Historical Preservation Foundation, 226 North Claudina. The 1940's and 1950's homes are rapidly becoming historic and they propose to have a survey taken of the enure City by a reputable historian including Bruce Judd, Redevelopment's Historic Preservation Expert. She is not opposed to adding some of those houses. It is not pinpointed to downtown but will be Citywide. Relative to expenditure of funds, they are a social welfare organization. The only criterion is that the building is of some historic nature and of City significance. Lisa Stipkovich. In order to comply with Internal Revenue Service rules, there would have to be some designation of historic value. Relative to the expenditure of proceeds, legally once the proceeds are received and given as profit to the non - profit foundation, it becomes under their control and governed by their bylaws and articles of incorporation. Staff has reviewed those and agree with what they represented to the Agency as being the purpose of the organization. There would not be a joint expenditure between the Foundation and the Agency. To her knowledge, the City would not be involved later on other than to be sure the organization did what they said they were going to do. Their Board of Directors would have the responsibility for their actions in the future. Everything has been approved by the Agency except for the final material boards and those will be brought to the Redevelopment commission and Agency for review and approval. 90 -77 128 Anaheim Civic Center, ANAHEIM REDEVELOPMENT AGENCY September 25, 1990, 5:20 P.M. Agency Member Hunter offered Resolution Nos. ARA90 -29 and ARA90 -30 for adoption. Refer to Resolution Book. RESOLUTION NO. ARA90 -29: A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY REGARDING ENVIRONMENTAL REVIEW FOR THE PROPOSED BLOCK 8 DEVELOPMENT. RESOLUTION NO. ARA90 -30: A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY APPROVING THE PROPOSED SALE OF CERTAIN REAL PROPERTY IN REDEVELOPMENT PROJECT ALPHA; APPROVING THE PROPOSED DISPOSITION AND DEVELOPMENT AGREEMENT PERTAINING THERETO; AND AUTHORIZING EXECUTION OF SAID DISPOSITION AND DEVELOPMENT AGREEMENT. Roll Call Vote: AYES: AGENCY MEMBERS: Daly, Ehrle, Kaywood, Pickler and Hunter NOES: AGENCY MEMBERS: None ABSENT: AGENCY MEMBERS: None The Chairman declared Resolution Nos. ARA90 -29 and ARA90 -30 duly passed and adopted. WAIVER OF READING - RESOLUTION• The title of the following resolution was read by the City Clerk. (Resolution No. 90R -367) .. Councilman Hunter moved to waive the reading in full of the resolution. Councilman Pickler seconded the motion. MOTION CARRIED. Councilman Hunter offered Resolution No. 90R -367 for adoption. Refer to Resolution Book. RESOLUTION NO. 90R -367: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM CERTIFYING THAT IT HAS REVIEWED AND CONSIDERED THE INITIAL STUDY WITH RESPECT TO THE PROPOSED DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE ANAHEIM REDEVELOPMENT AGENCY AND VINEYARD HISTORIC HOMES, DEVELOPER; FINDING THAT THE CONSIDERATION FOR THE SALE OF THE PROPERTY THEREUNDER IS BELOW FAIR VALUE BUT IS DEEMED APPROPRIATE, GIVEN THE BENEFITS TO THE COMMUNITY PROVIDED UNDER THE AGREEMENT; AND APPROVING THE SALE OF SUCH PROPERTY AND SAID DISPOSITION AND DEVELOPMENT AGREEMENT. Roll Call Vote: AYES: COUNCIL MEMBERS: Daly, Ehrle, Kaywood, Pickler and Hunter NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None The Mayor declared Resolution No. 90R -367 duly passed and adopted. ADJOURNMENT: Agency Member Hunter moved to adjourn. Agency Member Pickler seconded the motion. MOTION CARRIED. (6:20 p.m.) LEONORA N. SOHL, SECRETARY 1 i