RA1974/01/1574 -2
REDEVELOPMENT AGENCY
January 15, 1974, (4:15 P.M.)
Council Chambers
Anaheim City Hall
PRESENT: Mr. Stephenson, Mr. Sneegas, Mr. Pebley, Mr. Thom
and Mr. Dutton
ABSENT: None
PRESENT: EXECUTIVE DIRECTOR: Keith A. Murdoch
ACTING CITY ATTORNEY: Alan R. Watts
SECRETARY: Alona M. Farrens
The meeting was called to order by Mr. Dutton.
MINUTES: On motion by Mr. Sneegas, seconded by Mr. Thom, minutes
of the meeting held January 2, 1974, were approved. MOTION
CARRIED.
ADVANCEMENT OF FUNDS FOR DRAINAGE FACILITY IN THE NORTHEAST
INDUSTRIAL AREA Executive Director Keith Murdoch reported
on the recommendation of the Redevelopment Commission pertain-
ing to advancement of funds for construction of a storm drain
facility in the northeast industrial area, which is in accor-
dance with the Master Plan for Drainage recently approved and
adopted, and which is located within the Project Alpha area
boundaries. He advised that Grove Industrial Properties is
interested in developing 10 acresrof property on which they
intend to construct approximately a 174,000 square foot
industrial building, valued at an estimated two million dollars.
This facility would have an increased assessed valuation of
$500,000 and at the tax rate applicable to new assessment in
Project "Alpha" it would bring to the project fund an incre-
mental tax of $50,000 per year.
Mr. Murdoch noted that this project,
would be the first project undertaken by the
be consistent with the philosophy that one of
the Agency in setting up Project Alpha was to
facilities necessary for industrial expansion
area.
if approved,
kgency and would
the purposes of
provide the
in the Northeast
The necessary portion of the storm drain would run
from Blue Gum to the Orange Freeway and although it would
initially serve the immediate area (Area 5), it would ulti-
mately be a part of the total drainage facility for Areas 3,
4 and 5 as shown in the Master Plan for Drainage, District 30.
The estimated cost for the portion of the facility proposed to
be constructed at this time is $79,755. The developer, Grove
Industrial Properties, would pay $24,820 of this amount, and
it is proposed that the approximate differential of $54,955
be forwarded to the Agency by the City for this purpose. Mr.
Murdoch outlined that the City would lend these funds to the
Redevelopment Agency, who would then proceed to install the
necessary drainage facility. Once the Reimbursement Drainage
District has been formed, each of the developers of the prop-
erty served by the drainage facility would then pay their
proportionate share as an acreage fee so that ultimately the
cost of said facility will have been borne by the developing
properties.
74 -3
Mr. Stephenson moved that
District be established for the 86
and that construction proceed with
drainage facility (that portion rui
Gum Street to the Orange Freeway).
motion. MOTION CARRIED.
a Drainage Reimbursement
acres of Areas 3 4 and 5
the first phase of the
Zning westerly from Blue
Mr.:Sneegas, seconded the
As recommended by the Redevelopment Commission, Mr.
Thom moved that the Redevelopment Agency request the City
Council of the City of Anaheim to forward to said Agency
approximately $55,000 from the Council Contingency Fund for
the purposes of construction of phase one storm drain facil-
ity for Area No. 5 as shown on Master Plan for Drainage
District 30, said sum to be reimbursable. Mr. Sneegas
seconded the motion. MOTION CARRIED.
RESIGNATION - ANAHEIM REDEVELOPMENT COMMISSION - LLOYD E. KLEIN
On motion -by Mr. Thoni;'seconded " by Mr. Stephenson, the resig-
nation of Mr. Lloyd E. Klein dated January 11, 1974, was
accepted with regrets. MOTION CARRIED.
ADJOURNMENT Mr. Pebley moved to adjourn. Mr. Dutton seconded the
motion. MOTION CARRIED.
ADJOURNED: 4:25 P.M.
Signed
Secretary, Redevelopment Agency