RA1981/06/3081 -67
ANAHEIM REDEVELOPMENT AGENCY
.June 30, 1981, 1:00 P.M.
Council Chambers
Anaheim Civic Center
PRESENT: AGENCY MEMBERS: Overholt, Kaywood, Bay, Roth and Seymour
ABSENT: AGENCY MEMBERS: None
PRESENT: CITY MANAGER: William 0. Talley
CITY ATTORNEY: William P. Hopkins
SECRETARY: Linda D. Roberts
EXECUTIVE DIRECTOR: Norman J. Priest
Chairman Seymour called the regular meeting of the Anaheim Redevelopment
Agency to order at 1:45 p.m.
MINUTES Approval of mintes was deferred to the next regular meeting.
FINANCIAL DEMANDS AGAINST THE ANAHEIM REDEVELOPMENT AGENCY in the amount
of $9,201.24, in accordance with the 1980 -81 Budget, were approved.
161.128: FINANCIAL STATEMENTS, PERIOD ENDING MAY 31, 1981 On motion by
�.. Mr. Roth, seconded by Mr. Bay, Redevelopment Agency Financial Statements
for Redevelopment Project Alpha were ordered received and filed, as
recommended by the Executive Director. MOTION CARRIED.
161.158: RELOCATION COSTS - CASE NO. ARA OB -587 On motion by Mr. Over-
holt, seconded by Mrs. Kaywood, payment of relocation costs was authorized
in an amount not to exceed $20,000, in Case No. ARA OB -587, as recommended
by the Executive Director. MOTION CARRIED.
16 ISSUANCE OF SB -99 (COMMERCIAL) TAX- EXEMPT BONDS, LEWIS AND
MARION FREEDMAN Mr. Priest briefly reported on his recommendation that
the Agency authorize the issuance of bonds in a principal amount not to
exceed $4 million for the financing of the Hurst Jewelers Retail /Profes-
sional Office Building development, to be located at the northeast corner
of Anaheim Boulevard and Lincoln Avenue.
In accordance with recommendations by the Executive Director, Mrs. Kaywood
offered Resolution No. ARA81 -17 for adoption. Refer to Resolution Book.
RESOLUTION NO. ARA81 -17 A RESOLUTION OF THE ANAHEIM REDEVELOPMENT
AGENCY AUTHORIZING THE ISSUANCE OF BONDS FOR THE PURPOSE OF PROVIDING
FINANCING FOR COMMERCIAL STRUCTURES TO BE DEVELOPED BY LEWIS AND MARION
FREEDMAN.
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ANAHEIM REDEVELOPMENT AGENCY, JUNE 30, 1981, 1:00 P.M.
Roll Call Vote:
AYES: AGENCY MEMBERS: Overholt, Kaywood, Bay, Roth and Seymour
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: None
Chairman Seymour declared Resolution No. ARA81 -17 duly passed and adopted.
ADJOURNMENT: There being no further business to come before the Anaheim
Redevelopment Agency, Mrs. Kaywood moved to adjourn. Mr. Bay seconded
the motion. MOTION CARRIED.
ADJOURNED: 1:52 p.m.
LINDA D. ROBERTS, SECRETARY