RA1986/05/202 1.50
Anaheim Civic Center, ANAHEIM REDEVELOPMENT AGENCY
May 20, 1986, 9:30 A.M.
PRESENT: AGENCY MEMBERS: Kaywood, Overholt, Bay, Pickler and Roth
(Agency Members Overholt and Pickler entered at 10:02 a.m.)
ABSENT: AGENCY MEMBERS: None
PRESENT: CITY MANAGER: William 0. Talley
CITY ATTORNEY: Jack White
SECRETARY: Leonora N. Sohl
ASSISTANT EXECUTIVE DIRECTOR OF COMMUNITY DEVELOPMENT:
Lisa Stipkovich
Chairman Roth called the regular meeting of the Anaheim Redevelopment Agency
to order at 9:58 a.m.
MOTION: Agency Member Kaywood moved to approve the minutes of the regular
meeting held May 6, 1986. Agency Member Bay seconded the motion. Agency
Members Overholt and Pickler were absent. MOTION CARRIED.
FINANCIAL DEMANDS AGAINST THE ANAHEIM REDEVELOPMENT AGENCY in the amount of
8,192.00, in accordance with the 1985 -86 Budget, were approved.
Items on the Consent Calendar were trailed until later in the meeting.
(9:59 a.m.)
Agency Members Overholt and Pickler entered the Council Chambers. (10:02 a.m.)
CONSENT CALENDAR ITEMS: On motion by Agency Member Roth, seconded by Agency
Mem er Bay, the following actions were authorized in accordance with the
reports and recommendations furnished each Agency Member and as listed on the
Consent Calendar Agenda. Agency Member Roth offered Resolution Nos. ARA86 -12
and ARA86 -13 for adoption. Refer to Resolution Book.
1. 161/123: RESOLUTION NO. ARA86 -12: A RESOLUTION OF THE ANAHEIM
REDEVELOPMENT AGENCY AMENDING THE TERMS AND CONDITIONS OF COOPERATION
AGREEMENT NO. 28 FOR RIGHT OF WAY AND PUBLIC IMPROVEMENTS WITH THE CITY OF
ANAHEIM: (Widening and reconstruction of Harbor Boulevard, Broadway,
Clementine and Chestnut in connection with the City Center Project, Meyer
Investment Properties, to provide for an increase of approximately $800,000
bringing the project total to $2.3 million)
2. 161/137: Authorizing an agreement with Jones Hall Hill & White, Bond
Counsel regarding the issuance of.not to exceed 45 million of Redevelopment
Project Alpha Tax Allocation Bonds.
161/137: Authorizing an agreement with Seidler - Fitzgerald Public Finance as
Financial Advisor to the Agency regarding the sale of the 1986 financing issue.
161 /137: RESOLUTION NO. ARA86 -13: A RESOLUTION OF THE ANAHEIM REDEVELOPMENT
AGENCY AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $45,000,000 AGGREGATE
PRINCIPAL AMOUNT OF ITS REDEVELOPMENT PROJECT ALPHA TAX ALLOCATION REFUNDING
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Anaheim Civic Center, ANAHEIM REDEVELOPMENT AGENCY
May 20, 1986, 9:30 A.M.
BONDS (SUBORDINATE LIEN), SERIES 1986 A APPROVING, AUTHORIZING AND DIRECTING
EXECUTION OF A TRUST INDENTURE AND AN ESCROW DEPOSIT AND TRUST AGREEMENT
RELATING THERETO, AUTHORIZING AND DIRECTING EXECUTION OF A PURCHASE AGREEMENT,
APPROVING A PRELIMINARY OFFICIAL STATEMENT AND AUTHORIZING AND DIRECTING
CERTAIN ACTIONS WITH RESPECT THERETO.
Roll Call Vote:
AYES: AGENCY MEMBERS: Kaywood, Overholt, Bay, Pickler and Roth
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: None
The Chairman declared Resolution Nos. ARA86 -12 and ARA86 -13 duly passed and
adopted.
End of Consent Calendar. MOTION CARRIED.
ADJOURNMENT: Agency Member Bay moved to adjourn. Agency Member Overholt
seconded the motion. MOTION CARRIED. (10:05 a.m.)
LEONORA N. SOHL, SECRETARY
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