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HomeMy WebLinkAboutRDA Min 1981-01-26 4501-26-81 Seal Beach, California January 26, 1981 The Redevelopment Agency of the City of Seal Beach met in regular session at 6:53 p.m. with Chairman Seitz calling the meeting to order with the Salute to the Flag. ROLL CALL Present: Chairman Seitz Agency Members Kredell, Laszlo, Supple, Vanderstaay I Absent: None Also present: Mr. Thomas, Acting Executive Director Mr. Coughlan, City Attorney RESOLUTION NUMBER 81-1 - AUTHORIZING APPLICATION FOR FUNDS - STATE LOCAL INDEBTEDNESS FUND Resolution Number 81-1 was presented to the Agency entitled "A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH, CALIFORNIA, AUTHORIZING AN APPLICATION FOR FUNDS FROM THE STATE LOCAL INDEBTEDNESS FUND." Acting Executive Director, Mr. Thomas, stated the application is in the amount of $75,745 repayable in three installments commencing 1982 at an annual percentage rate of ten percent, and is requested to insure the Agency does not default on promissory notes payable in 1981. Mr. Thomas explained the financial shortfall of the Agency is anticipated to be temporary, that the tax increment is expected to increase during 1981-82 and each year thereafter. Laszlo moved, second by Vanderstaay, to waive further reading and adopt Resolution Number 81-1 as presented. AYES: NOES: Kredell, Laszlo, Seitz, Supple, Vanderstaay None Motion carried I APPROVAL OF MINUTES Laszlo moved, second by Vanderstaay, to approve the minutes of the regular adjourned meeting of December 8, 1980 as presented. AYES: NOES: Kredell, Laszlo, Seitz, Supple, Vanderstaay None Motion carried COMPENSATION - LEGAL SERVICES The Acting Executive Director stated that a communication had been received from Mr. Parrington, Special Legal Counsel for the Trailer Park requesting an adjustment of fees for legal services and auto mileage. After discussion, Agency Member Supple requested Section l-B be amended to read "for travel outside of Los Angeles or Orange County" and that compensation for travel time be excluded from the Agreement Amendment. Chairman Seitz suggested the services of other law firms be investigated. Laszlo moved, second by Supple, to authorize the Executive Director to enter into the Amendment to the Agreement for Legal Services with Tompkins and Parrington as amended, effective February 1,1981. AYES: NOES: Kredell, Laszlo, Supple, Vanderstaay Seitz Motion carried 197 -80 REDEVELOPMENT AGENCY ANNUAL REPORT and FINANCIAL STATEMENT Acting Executive Director, Mr. Thomas, presented the 1979- 0 Redevelopment Agency Annual Report and Financial Statement to the Agency. Agency Member Supple referred to the annual audit and inquired about a Department of Water and Power expenditure of $24,022. The Acting Executive Director stated that expenditure dealt with the appraisal of the D.W.P. property and is to be reimbursed to the Agency through grant or loan funds for development of that stie. Mr. Thomas clarified that the annual report referred to by the auditing firm is presented for Agency consideration at this time and will then be .1 1-26-81 AI r:;... "1h...-t.... I submitted to the State Department of Housing and Community Development asrequired by law. Agency Member Supple expressed his objection to the delayed receipt of the annual financial statement from the auditing firm and Chairman Seitz suggested a penalty clause be included in future agreements. Laszlo moved, second by Vanderstaay, to receive and file the 1979-80 Redevelopment Agency Annual Report and the financial Statement for the Seal Beach Redevelopment Agency Riverfront Redevelopment Project with the report on examination by certified public accountants dated June 30, 1980. AYES: NOES: Kredell, Laszlo, Supple, Vanderstaay Seitz Motion carried It was the order of the Chair with consent of the Agency to recess the meeting to the City Council meeting at 7:29 p.m. The Redevelopment Agency reconvened at 7:32 p.m. with Chairman Seitz calling the meeting to order. AGENDA AMENDED Kredell moved, second by Laszlo, to amend the agenda to include a Closed Legal Session. AYES: NOES: Kredell, Laszlo, Seltz, Supple, Vanderstaay None Motion carried I CLOSED LEGAL SESSION It was the order of the Chair with consent of the Agency to adjourn to Closed Legal Session at 7:33 p.m. The meeting reconvened at 8:52 p.m. with the Chairman calling the meeting to order. The City Attorney reported the Agency had discussed matters of litigation, that the Agency had authorized the City Attorney to increase the offer previously made on the Department of Water and Power site and had authorized the staff to apply for a loan from the State of California. It was the order of the Chair with consent of the Agency to recess until the conclusion of the City Council meeting. The meeting recessed at 8:54 p.m. The meeting concurrently adjourned with the City Council meeting at 11:43 p.m. ~ I