RA1988/03/15154
Anaheim Civic Center, ANAHEIM REDEVELOPMENT AGENCY
March 15, 1988, 1:20 P.M.
PRESENT: AGENCY MEMBERS: Ehrle, Hunter,
ABSEA~: AGENCY MEMBERS: None
PRESENT: CITY MANAGER: Bob Simpson
CITY ATTORNEY: Jack White
SECRETARY: Leonora N. Sohl
ASSISTANT EXECUTIVE DIRECTOR OF
Lisa Stipkovich
Kaywood, Pickler and Bay
COMMUNITY DEVELOPMENT:
A complete copy of the agenda for the meeting of the Anaheim Redevelopment
Agency was posted at 4:10 p.m. on March 11, 1988 at the Civic Center kiosk,
containing all items as shown herein.
Chairman Bay called the regular meeting of the Anaheim Redevelopment Agency to
order at 1:43 p.m.
MINUTES: Agency Member Kaywood moved to approve the minutes of the regular
meeting held March 1, 1988. Agency Member Hunter seconded the motion. MOTION
rARR TED .
FINANCIAL DEMANDS AGAINST THE ANAHEIM REDEVELOPMENT AGENCY in the amount of
92,356.26, in accordance with the 1987-88 Budget, were approved.
ITEMS OF PUBLIC INTEREST:
No items of public interest were addressed.
RECESS: On motion by Agency Member Bay, seconded by Agency Member Kaywood,
the Redevelopment Agency meeting was recessed to 3:U0 p.m. MOTION CARRIED.
(1:45 p.m.)
Chairman Bay reconvened the Anaheim Redevelopment Agency for a Joint Public
Hearing with the City Council at 3:10 p.m.
170/155/179: JOINT PUBLIC HEARING - DISPOSITION AND DEVELOPMENT AGREEMENT
MEY~R INVESTI°fENT PROPERTIES, IIdC.:
To consider the approval of a proposed Third Amendment to the
Disposition and Development Agreement with Meyer Investment
Properties, Inc. which provides for revised terms and conditions for
the sale of certain real property, upon which has been constructed a
first-class office building and parking structure on property located
within the Project Alpha area, and is bounded by Harbor Boulevard,
Lincoln Avenue, Lemon Street and Broadway.
PUBLIC NOTICE REQUIRET~NTS PiET BY:
Publication in the Anaheim Bulletin February 29 and March 8, 1988.
STAFF INPUT:
Submitted was report dated March 8, 1988 from the Community Development
Department, recommending that the Agency and the Council approve the proposed
88-16
Anaheim Civic Center, ANAHEIM REDEVELOPMENT AGENCY
March 15, 1988, 1:20 P.M.
Third Amendment to the Existing Disposition and Development Agreement with
Meyer Investment Properties and Anaheim City Center - 1984. The report listed
the proposed modifications and included a (Summary Report) analyzing Agency
costs and revenues.
Mayor/Chairman Bay asked if anyone wished to speak regarding the proposed
Third Amendment to the subject agreement; there being no response, he closed
the public hearing.
Agency Member Bay offered Resolution No. ARA88-8 for adoption, approving the
proposed Third Amendment to the existing Disposition and Development Agreement
with Meyer Investment Properties and Anaheim City Center. Refer to Resolution
Book.
RESOLUTION N0. ARA88-8: A RESOLUTION OF THE ANAHEIM'REDEVELOPMENT AGENCY
APPROVING THE THIRD AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT
BETWEEN THE ANAHEIM REDEVELOPMENT AGENCY AND MEYER INVESTMENT PROPERTIES,. INC.
Roll Call Vote:
AYES: AGENCY MEMBERS: Ehrle, Hunter, Kaywood, Pickler and Bay
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: None
The Chairman declared Resolution No. ARA88-8 duly passed and adopted.
WAIVER OF READING - RESOLUTION: The title of the following resolution was
read by the City Clerk. (Resolution No. 88R-117)
Councilman Bay moved to waive the reading in full of the resolution.
Councilwoman Kaywood seconded the motion. MOTION CARRIED.
Councilman Bay offered Resolution No. 88R-117 for adoption, approving the
proposed Third Amendment to the existing Disposition and Development Agreement
with Meyer Investment Properties and Anaheim City Center. Refer to Resolution
Book.
RESOLUTION N0. 88R-117: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM APPROVING THE THIRD AMENDMENT TO THE DISPOSITION AND DEVELOPMENT
AGREEMENT BETWEEN THE ANAHEIM REDEVELOPMENT AGENCY AND MEYER INVESTMENT
PROPERTIES, INC., WHICH PROVIDES FOR REVISION OF THE PURCHASE PRICE FOR THE
SALE OF REAL PROPERTY PURSUANT THERETO, AND MAKING CERTAIN FIbTDINGS WITH
RESPECT TO SUCH THIRD AMENDMENT.
Roll Call Vote:
AYES: COUNCIL MEMBERS: Ehrle, Hunter, Kaywood, Pickler and Bay
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
88-17
` / ~~M
Anaheim Civic Center, ANAHEIM REDEVELOPMENT AGENCY
March 15, 1988, 1:20 P.M.
The Mayor declared Resolution No. 88R-117 duly passed and adopted.
Chairman Bay announced that a quorum is not anticipated on March 22, 1988
since some Agency Members will be attending the National League of Cities
Annual Conference in Washington, D.C.
ADJOURNMENT: Agency Member Bay moved to adjourn. Agency Member Kaywood
seconded the motion. MOTION CARRIED. (3:13 p.m.)
LEONORA N. $OHL, SECRETARY
88-18