HA1993/10/26Anaheim Civic Centert ANAHEIM HOUSING AUTHORITY
OCTOBER 26t 1993t 5~00 P.M.
PRESENT: AUTHORITY MEMBERS: Feldhaus, Hunter, Pickler, Simpson, Daly
ABSENT: AUTHORITY MEMBERS: None
PRESENT: CITY MANAGER: James Ruth
CITY ATTORNEY: Jack White
SECRETARY: Leonora N. Sohl
EXECUTIVE DIRECTOR OF COMMUNITY DEVELOPMENT: Lisa Stipkovich
A complete copy of the agenda for the meeting of the Housing Authority was
posted at 2:00 p.m. on October 22, 1993 at the Civic Center kiosk, containing
all items as shown herein.
Chairman Daly called the regular meeting of the Anaheim Housing Authority to
order at 5:29 p.m.
FINANCIAL DEMANDS AGAINST THE ANAHEIM HOUSING AUTHORITY in the amount of
$30,429.86 for the period ending October 18, 1993 and $6,415.39 for the period
ending October 25, 1993, in accordance with the 1993-94 Budget, were approved.
ITEMS OF PUBLIC INTEREST: No items of public interest were addressed.
PUBLIC COMMENTS - AGENDA ITEMS: There were no public comments on Housing
Authority Agenda items.
CONSENT CALENDAR ITEMS 1-3: On motion by Authority Member Pickler, seconded
by Authority Member Hunter the following actions were authorized in accordance
with the reports and recommendations furnished each Authority Member and as
listed on the Consent Calendar Agenda.
1. 123: Approving an Agreement with CGMS Incorporated, in an amount not to
exceed $37,000 for financial advice on the Park Vista Apartment Multifamily
Housing Bond Refunding.
2. 123: Approving the Fifth Amendment to the Land Disposition and
Development Agreement by and among the City of Anaheim, the Anaheim Housing
Authority, the Redevelopment Agency and Chevy Chase Partners, Incorporated,
doing business as Park Vista Apartments; and authorizing the Executive
Director of the Housing Authority to execute such documents and to take such
actions as she deems necessary or desirable to complete the transaction.
3. 177: Approving minutes of the Housing Authority meetings held
September 28, 1993, and October 5, 1993.
END OF CONSENT CALENDAR - HOUSING AUTHORITY.
RECESS: Authority Member Daly moved to recess to a Joint Meeting with the
City Council in conjunction with City Council Agenda Item A38. Authority
Member Pickler seconded the motion. MOTION CARRIED. (5:29 p.m.)
Chairman Daly reconvened the Anaheim Housing Authority. (7:16 p.m.)
4/A38. 137: PUBLIC HEARING - MULTIFAMILY HOUSING REFUNDING REVENUE BONDS -
1993 SERIES A - PARK VISTA APARTMENTS:
To consider the issuance by the Anaheim Housing Authority of refunding revenue
bonds in an amount not to exceed $26,000,000 for the purpose of assisting in
the refinancing of a multifamily rental housing development and related and
appurtenant facilities in the City of Anaheim. The development consists of
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Anaheim Civic CenterI ANAHEIM HOUSING AUTHORITY
OCTOBER 26, 1993, 5=00 P.M.
392 units located on an approx. 19 acre site bounded on the north by Calif.
State Route 91, on the south by Romneya Drive, on the east by Manzanita Park,
and on the west by Patrick Henry School. The owner of the project is Chevy
Chase Anaheim Partners, a Calif. Limited Partnership, doing business as Park
Vista Apartments.
Submitted were reports dated October 26, 1993 to the City Manager/Housing
Authority and City Manager/City Council from the Community Development
Department recommending approval of the proposed actions regarding this
subject.
PUBLIC NOTICE REQUIREMENTS MET BY:
Publication in Anaheim Bulletin - October 8, 1993
Chairman/Mayor Daly opened the public hearing and asked to hear from anyone
who wished to speak on this issue; there was no response.
Chairman/Mayor Daly closed the public hearing.
Council Member Daly offered Resolution No. 93R-213 for adoption, approving
issuance of Multifamily Housing Refunding Revenue Bonds for Refinancing of
project - Chevy Chase Anaheim Partners (Park Vista Apartments). Refer to
Resolution Book.
RESOLUTION NO. 93R-213: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM APPROVING ISSUANCE OF MULTIFAMILY HOUSING REFUNDING REVENUE BONDS FOR
REFINANCING OF PROJECT OWNED BY CHEVY CHASE ANAHEIM PARTNERS (PARK VISTA
APARTMENTS).
Roll Call Vote on Resolution No. 93R-213 for adoption:
AYES:
NOES:
ABSENT:
COUNCIL MEMBERS: Feldhaus, Hunter, Pickler, Simpson, Daly
COUNCIL MEMBERS: None
COUNCIL MEMBERS: None
The Mayor declared Resolution No. 93R-213 duly passed and adopted.
Authority Member Daly offered Resolution No. AHA93-6 for adoption, authorizing
the issuance, sale and delivery of Anaheim Housing Authority Variable Rate
Demand Multifamily Housing Refunding Revenue Bonds, 1993 Series A (Park Vista
Apartments), approving and authorizing the execution and delivery of related
agreements, and approving other related actions in connection therewith.
Refer to Resolution Book.
RESOLUTION NO. AHA93-6: A RESOLUTION OF THE ANAHEIM HOUSING AUTHORITY
AUTHORIZING THE ISSUANCE, SALE AND DELIVERY OF ANAHEIM HOUSING AUTHORITY
VARIABLE RATE DEMAND MULTIFAMILY HOUSING REFUNDING REVENUE BONDS, 1993 SERIES
A (PARK VISTA APARTMENTS), APPROVING AND AUTHORIZING THE EXECUTION AND
DELIVERY OF RELATED AGREEMENTS, AND APPROVING OTHER RELATED ACTIONS IN
CONNECTION THEREWITH.
Roll Call Vote on Resolution No. AHA93-6 for adoption:
AYES:
NOES:
ABSENT:
AUTHORITY MEMBERS: Feldhaus, Hunter, Pickler, Simpson, Daly
AUTHORITY MEMBERS: None
AUTHORITY MEMBERS: None
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Anaheim Civic Center, ANAHEIM HOUSING AUTHORITY
OCTOBER 26, 1993, 5~00 P.M.
The Chairman declared Resolution No. AHA93-6 duly passed and adopted.
ADJOURNMENT - HOUSING AUTHORITY: Authority Member Daly moved to adjourn,
Authority Member Pickler seconded the motion. MOTION CARRIED. (7:18 p.m.)
LEONORA N. SOHL, SECRETARY
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