RA1974/12/17ANAHEIM REDEVELOPMENT AGENCY
74 -37
December 17, 1974 (1:30 P.M.)
Council Chambers
Anaheim City Hall
PRESENT: Mrs. Kaywood, Mr. Seymour, Mr. Pebley, Mr. Sneegas, and
Mr. Thom
ABSENT: None
PRESENT: ASSISTANT EXECUTIVE DIRECTOR: Robert M. Davis
CITY ATTORNEY: Alan R. Watts.
SECRETARY: Alona M. Hougard
REDEVELOPMENT DIRECTOR: Knowlton Fernald
FINANCE DIRECTOR: M. R. Ringer
The regular meeting was called to order by Chairman Thom.
MINUTES On motion by Mr. Pebley, seconded by Mrs. Kaywood, minutes of
the adjourned regular meeting held 10, 1974, were approved.
MOTION CARRIED.
ASSESSED VALUE INCREMENT MONIES - REDEVELOPMENT PROJECT ALPHA: Communi-
cation dated November 12, 1974, from Jack P. Vallerga, Orange County
Assessor, was submitted together with communication dated November 21,
1974 from C. H. Krueger, Supervisor of the Orange County Auditor -
Controller's Office Tax Section, calling attention to a discrepancy
in the 1974 -75 unsecured assessed values within the area of Redevelop-
ment Project Alpha.
Finance Director Mike Ringer advised that he had reported
to the Redevelopment Commission that a temporary hold has been placed
on all the redevelopment tax monies, and substantial tax payments
which were to have been received in December have been withheld for
a short period of time. An error has been discovered by the County
Assessor's Office, in that information which they have supplied to
the Agency in the past has been overstated, and there will be a
slight reduction in property tax flow to the Redevelopment Agency,
the exact amount of which has not been determined.
Mr. Ringer submitted and briefly summarized his report
indicating the expected tax flow to the Agency, the estimated total
to be slightly above $2,000,000, although a reduction in the unsecured
property taxes and business inventory taxes is anticipated. He
advised that the Agency's Fiscal Consultant and himself were scheduled
to meet with the County Assessor and the County Tax Collector on
December 19, 1974, to determine whether the City can assist in
eliminating the problem.
PURCHASE OF EQUIPMENT The Assistant Executive Director reported on
purchase of a station wagon for use by the Redevelopment Director,
from Jack White Pontiac, Anaheim, in the amount of $6,548..68,
including tax. He advised that the three seat vehicle was needed
to transport developers from other locations into the redevelopment
area.
On motion by Mr. Seymour, seconded by Mr. Pebley, purchase
was authorized in the amount of $6,548.68, including tax. MOTION
CARRIED.
ADJOURNMENT Mr. Pebley moved to adjourn to Tuesday, December 24, 1974,
1:00 P.M. Mr. Sneegas seconded the motion. MOTION CARRIED.
ADJOURNED: 4 :45 P.M.
SIGNED:
Secretary, Redevelopment Agency