HomeMy WebLinkAboutRDA Min 1979-10-01
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400
Seal Beach, California
October 1, 1979
The Redevelopment Agency of the City of Seal Beach met in regular
adjourned session at 7:00 p.m. with Chairman Gray calling the
meeting to order with the Salute to the Flag.
ROLL CALL
Present:
Cha i rman Gray
Agency Members Laszlo, Seitz
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Absent:
Agency Members Kredell, Weir
Chairman Gray stated that Mr. Kredell and Mr. Weir's absence from the
meeting was excused.
A I so present:
Mr. Courtemarche, Executive Director
Mr. parrington, Legal Counsel
Mr. Kosmont, Assistant City Manager
AWARD OF BID - CABANA CONSTRUCTION - SEAL BEACH TRAILER PARK
Bids were received and opened by the City Clerk at 10:00 o'clock a.m.
October I, 1979 for construction of cabanas within the Seal Beach Mobile
Home Park as follows:
S & J Expanding Room Company $2.4.00/sq.ft.
$96,000
James McNamara Enterprises $24.50/sq.ft.
$98,000
B & D Specialties, Inc. $2.9.2.9/sq.ft.
$117,160
Mobile Home Customizing $36.00/sq.ft.
$144,000
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Mr. Kosmont presented the staff report and recommendations for award of
the bid. Seitz moved, second by Laszlo, to award the bid for Cabana
Construction in the Seal Beach Trailer Park to the low bidder, S & J
Expanding Room Company to construct up to twenty-five (2.5) cabanas 'at
a cost of $2.4.00 per square foot (approximate total cost of $96,000),
authorize the Executive Director to accept the Performance Bond and
allow implementation of construction work, and that all other bids be
rejected.
AYES:
NOES:
ABSENT:
Gray, Laszlo, Seitz
None
Kredell, Wei r
Motion carried
RESOLUTION NUMBER 79-4 - AUTHORIZING ISSUANCE - RESIDENTIAL MORTGAGE
REVENUE BONDS
Resolution Number 79-4 was presented to Council by title "A RESOLUTION
AUTHORIZING THE ISSUANCE OF $100 MILLION PRINCIPAL AMOUNT OF THE
REDEVELOPMENT AGENCY TO THE CITY OF SEAL BEACH RESIDENTIAL MORTGAGE
REVENUE BONDS ISSUE OF 1980 FOR THE PURPOSE OF ACQUIRING MORTGAGES
ORIGINATED WITH RESPECT TO THE RIVERFRONT REDEVELOPMENT PROJECT
AMENDED (12.-2.9-75)." The Execut i ve Director presented the staff report
and stated it is anticipated the eligibility date may be extended
to allow issuance of residential mortgage revenue bonds as provided
by SB 99 and would allow the Agency another alternative in dealing
with the affordable housing issue when the Hellman property is
developed. Mr. Courtemarche explained there is no obligation to
actually sell bonds and no financial commitment on the part of the
Agency and recommended adoption of the proposed resolution. Mr.
parrington, Legal Counsel, recommended that a statement be included
in the text of the proposed resolution to read "The Resolution does
not supercede or affect the prior resolution adopted relating to SB99
mortgage bonds for the Seal Beach Trailer Park." Gray moved, second
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10-1-'79 407
by Seitz, to waive further reading and adopt Resolution Number 79-4
as amended.
AYES:
NOES:
ABSENT:
Gray, Laszlo, Seitz
None
Kredell, Weir
Motion carried
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The Agency Briefly discussed including the remaining Hellman property
within the Redevelopment Agency project area.
ORAL COMMUNICATIONS
There were no oral communications from the audience.
ADJOURNMENT
Laszlo moved, second by Seitz, to adjourn the meeting to Monday,
October 8, 1979 at 6:30 p.m.
AYES:
NOES:
ABSENT:
Gray, Laszlo, Seitz
None
Kredell, Weir
Motion carried
The meeting adjourned at 7:19 p.m.
Cha i rman
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