The URL can be used to link to this page

Home My WebLink AboutRDA Min 1978-03-27 I 1 I 3-27-78 Seal Beach, California March 27, 1978 The Redevelopment Agency of the City of Seal Beach met in regular adjourned session at 7:30 p.m. with Chairman Laszlo calling the meeting to order with the Salute to the Flag. ROLL CALL Present: Chairman Laszlo Agency Members Blackman, Gray, Kredell, Weir Absent: None Also present: Mr. Courtemarche, Executive Director Mr. Strausz, Deputy City Attorney Mr. Don Hunt, Financial Counsel APPROVAL OF MINUTES Weir moved, second by Kredell, to approve the minutes of the regular meeting of February 27, 1978 as presented. AYES: NOES: Blackman, Gray, Kredell, Laszlo, Weir None Motion carried AWARD OF BID - TAX ALLOCATION BONDS - ISSUE OF 1978 Mr. Don Hunt, Financial Counsel, reported that bids had been received and opened this date for the sale of $4,000,000 Tax Allocation Bonds, Issue of 1978, as follows: Merrill, Lynch, Pierce, Fenner & Smith and Associates; Goldman Sachs, San Francisco; Smith Barney, Harris Upham & Co., Inc. and Associates; and Miller & Schroeder Municipals, Inc. Mr. Hunt recommended that the bid of Miller & Schroeder Municipals, Inc. be accepted as the best bid for the bonds and that all other bids be rejected. The Executive Director explained that the following three resolutions all dealt with the sale of the bonds. . ; RESOLUTION NUMBER 78-S - SELLING BONDS Resolution Number 78-S was presented to the Agency by title "A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH SELLING BONDS." Blackman moved, second by Weir, to waive further reading and adopt Resolution Number 78-S as presented. AYES: NOES: Blackman, Gray, Kredell, Laszlo, Weir None Motion carried RESOLUTION NUMBER 78-6 - APPROVING AGREEMENT - FISCAL AGENT SERVICES Resolution Number 78-6 was presented to the Agency by title "A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH APPROVING AN AGREEMENT FOR FISCAL AGENT SERVICES." Weir moved, second by Blackman, to waive further reading and adopt Resolution Number 78-6 as presented. AYES: NOES: Blackman, Gray, Kredell, Laszlo, Weir None Motion carried RESOLUTION NUMBER 78-7 - APPROVING AGREEMENT - ESCROW BANK SERVICES Resolution Number 78-7 was presented to the Agency by title "A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH APPROVING AN AGREEMENT FOR ESCRDW BANK SERVICES." Blackman moved, second by Weir, to waive further reading and adopt Resolution . Number 78-7 as presented. AYES: NOES: Blackman, Gray, Kredell, Laszlo, Weir None Motion carried 3-27-78 POLICE STATION LANDSCAPING The Agency members discussed the request from the Executive Director for Police Station Landscaping. Blackman moved, second by Weir, to appropriate $20,000 of Agency funds for the project, approve the plans and specifications and authorize the Executive Director to obtain bids. AYES: NOES: Blackman, Gray, Kredell, Laszlo, Weir None Motion carried ORAL COMMUNICATIONS Chairman Laszlo declared oral communications open. The Executive Director explained the Investment of the funds from the sale of the city yard lots. There were no other oral communications; Chairman Laszlo declared oral communications closed. ADJOURNMENT Blackman moved, second by Weir, to adjourn the meeting at 8:08 p.m. AYES: NOES: Blackman, Gr~~, Kredell, Laszlo, Weir None Motion carried ~.."~/- &~ Chairman {G L-L~L Secretary I I I