Loading...
RA1975/01/07ANAHEIM REDEVELOPMENT AGENCY January 7, 1975, (1:00 P.M.) Council Chambers Anaheim City Hall 75 -1 PRESENT: Mrs. Kaywood, Mr. Seymour, Mr. Pebley, Mr. Sneegas and Mr. Thom ABSENT: None PRESENT: EXECUTIVE DIRECTOR: Keith Murdoch SECRETARY: Alona M. Hougard REDEVELOPMENT DIRECTOR: Knowlton Fernald ASSISTANT REDEVELOPMENT DIRECTOR: Christian Hogenbirk The adjourned regular meeting was called to order by Chairman Thom at 1:00 P.M. MINUTES: On motion by Mr. Sneegas, seconded by Mrs. Kaywood, the minutes of the Anaheim Redevelopment Agency regular meeting held December 17, 1974, were approved. MOTION CARRIED. PUBLIC HEARING - SALE OF REAL PROPERTY LOCATED IN THE NORTHEAST INDUSTRIAL AREA (SUNSHINE WAY, MIRALOMA AVENUE AND MIRALOMA WAY) TO PHILADELPHIA GEAR COMPANY Redevelopment Director Knowlton Fernald reported on the offer to purchase property described as parcels "a ", "b ", and "c" located generally on the north side of Miraloma Avenue east of Sunshine Way, and south of Miraloma Way by Philadelphia Gear Company for the sum of $1,000. He advised that this firm is in escrow to purchase property in this area identified on the exhibit map as parcel "d ", upon which they plan to construct a 4,000 square foot sales office /warehouse building. The approxi- mate value of the building is projected to be $115,000 and they would maintain an inventory of approximately $20,000 value in this building including the furnishings. i Mr. Fernald reported that the tax increment income expected from this project would be approximately $3,600 per year. The Philadelphia Gear Company plans call for construction completion during calendar year 1975. Mr. Fernald reported that at the Community Redevelopment Com- mission meeting held December 11, 1974, a unanimous recommendation for approval of this sale was authorized to be directed to the Anaheim Redevelopment Agency. Mr. Fernald introduced Mr. Robert G. Dale of Philadelphia Gear Company, who exhibited a site plan which was described and discussed with the Agency Members. Mr. Fernald noted that there would be a small encroachment of the proposed building onto parcel "b ", and parcels "a" and "c" would be used entirely as landscaped, open space areas. Mr. Seymour expressed concern as to whether or not these plans are in final stages and the Philadelphia Gear Company prepared to begin construction shortly so that if this sale is consummated the Agency can be fairly well assured it will receive the increase in incremental taxes as expected. Mr. Fernald replied that this was one of the factors discussed during negotiations with Philadelphia Gear Company and that they have agreed to accept a reversionary clause in the deed. Further, he reported that this firm has indicated willingness to accept a deed restriction against building on parcel "c ", as well as stipu- lating to provide adequate landscaping and irrigation on these properties, subject to approval. Mr. Watts counseled that the Agency is specifically authorized under the Redevelopment Act to assure that the development is con - sistant with the redevelopment plan which, at the present time, 75 -2 Redevelopment Agency, January 7, 1975, Continued: for this area is identical to the pursuant to the Redevelopment Act that a facility be built within a time, and this may be implemented would automatically revert the pr condition not be met. City's General Plan. Further, the Agency is entitled to require certain reasonable period of by a deed restriction which aperty to the City should this In reply to Mrs. Kaywood, Mr. Watts advised that the increase in assessed valuation would commence during the month of March following the completion of the facility. Chairman Thom asked if anyone in the Chambers wished to address the Agency regarding the proposed sale of real property to the Philadelphia Gear Company; there being no reply, he declared the hearing closed. RESOLUTION NO. RA75 -23: Mr. Seymour offered Resolution No. RA75 -23 for adoption, approving sale of real property located at Sunshine Way, Miraloma Avenue and Miraloma Way (Parcels "a ", "b ", and "c ") to the Philadelphia Gear Company for the sum of $1,000 subject to the provision in the deed of a reversionary clause should the construction not commence within a reasonable amount of time as determined by the City Attorney, and further subject to a deed restriction that no construction shall take place on parcel "c ", and that landscaping and irrigation plans be approved by the Redevelopment Agency. A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY ACCEPTING AN OFFER TO PURCHASE CERTAIN CITY -OWNED PROPERTY AND AUTHORIZING THE EXECUTION OF A DEED THEREFOR. (Philadelphia Gear Company) Roll Call Vote: AYES: Mrs. Kaywood, Mr. Seymour and Mr. Thom NOES: Mr. Pebley and Mr. Sneegas ABSENT: None Chairman Thom declared Resolution No. RA75 -23 duly passed and adopted. Mr. Fernald requested that the Agency convene next Tuesday at 1:00 P.M. for the purpose of considering recommendation from the Redevelopment Commission regarding an exclusive right to negotiate an agreement with a proposed developer. ADJOURNMENT: Mr. Sneegas moved to adjourn to Tuesday, January 14, 1975 at 1:00 P.M. Mr. Thom seconded the motion. MOTION CARRIED. ADJOURNED: 1:20 P.M. SIGNED L C / 7 �t GZA Secretary, Redevelo ment Agency