HomeMy WebLinkAboutRDA Min 1979-06-25
6-25-79
3~
June 25, 1979
Seal Beach, California
The Redevelopment Agency of the City of Seal Beach met in regular
session at 6:45 p.m. with Vice Chairman Laszlo calling the meeting
to order with the Salute to the Flag.
I
ROLL CALL
Present:
Vice Chairman Laszlo
Agency Members Kredel1, Seitz, Weir
Absent:
Agency Member Gray
It was noted for the record that Mr. Gray's absence from t~e meeting
was excused.
Also present:
Mr. Courtemarche, Executive Director
Mr. Stepanicich, Legal Counsel
APPROVAL OF MINUTES
Weir...moved, second by Kredell, to a~prove the minutes of the regular
adjourned meeting of June II, 1979 as presented.
AYES:
NOES:
ABSENT:
Kredell, Laszlo, Seitz, Weir
None
Gray
Motion carried
I
1979-80 FISCAL YEAR BUDGET
Mr. Courtemarche, Executive Director, presented the proposed
Redevelopment Agency budge~ for fiscal year 1979-80 and stated the
Agency was experiencing a cash flow problem at this time due to the
effects of Proposition 13 which has resulted in approximately 60% less
property tax revenue this fiscal year. Mr. Courtemarche reported that
the budget as presented reflected no appropriation for capital improvements
and no payment to the Seal Beach School District. The Executive Director
explained that the Agency would be financially sound within two years upon
the completion of projects presently under construction and with the
anticipated future developments in the Agency area. The Executive
Director recommended the Agency consider obtaining a loan from the City
or from the State Local Agency Indebtedness Fund to fund the proposed
1979-80 budget. Mr. Courtemarche also stated a report would be
forthcoming regarding the available sources and conditions for the
Agency to obtain a loan.
RESOLUTION NUMBER 79-3 - ADOPTING 1979-80 FISCAL YEAR BUDGET
Resolution Number 79-3 was presented to the Agency by title "A
RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH
ADOPTING A BUDGET FOR THE FISCAL YEAR 1979-80~ Weir moved, second
by Kredell, to waive further reading and adopt Resolution Number
79-3 as presented. Lengthy discussion followed regarding the
amount budgeted for Redevelopment Agency legal expenses. Mr. Seitz
suggested that the appropriation for legal expenses be reduced to
$10,000. The Executive Director explained that should the legal
expenses for the upcoming fiscal year exceed the suggested $10,000
it would be necessary to request the Agency to appropriate additional
funds at that time.
III Vote on motion to approve Resolution Number 79-3 as presented.
AYES:
NOES:
ABSENT:
Laszlo, Weir
Kredell, Seltz
Gray
Motion failed
Seltz moved, second by Laszlo, to waive further reading and adopt
Resolution Number 79-3 as amended, reducing the appropriation for
~"o
6-25-79
legal expenses to $10,000, for a total Redevelopment Agency 1979-80
fiscal year budget of $500,000.
AYES:
NOES:
ABSENT:
Kredell, Laszlo, Seitz
Weir
Gray
Motion carried
ORAL COMMUNICATIONS
Vice Chairman Laszlo declared oral communications open. Mr. Paul
Jeffers, 11 Marina Drive, spoke regarding the final trailer park
moves, landscaping of the area and the notice of increase in rent.
The Executive Director clarified that the notices had been provided
to the Trailer Park residents by the owner of the park and under
the legal requirements of Redevelopment Law and that the rental
increase is governed by the agreement between the Agency and the
developer and that records of the Trailer Park development are
subject to periodic audits by this Agency. There were no other
oral communications; Vice Chai'rmail Laszlo declared oral communications
closed.
I
ADJOURNMENT
Weir moved, second by Kredell, to adjourn the meeting at 7:25 p.m.
AYES:
NOES:
ABSENT:
Kredell, Laszlo, Seitz, Weir
None
Gray
Motion carried
~t'~L dr-
Se ry
I
I