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HomeMy WebLinkAboutRDA Min 1984-05-14 Seal Beach, California May 14, 1984 I The Redevelopment Agency of the City of Seal Beach met in regular adjourned session at 6:45 p.m. with Chairman Laszlo calling the meeting to order with the Salute to the Flag. ROLL CALL Present: Chairman Laszlo Agency Members Brownell, Grgas, Risner Vanderstaay Absent: None Also present: Mr. Parker, Executive Director Mr. Stepanicich, City Attorney Mrs. Yeo, Secretary WAIVER OF READING Risner moved, second by Vanderstaay, to waive the reading in full of all resolutions and that consent to the waiver of reading shall be deemed to be given by all Agency Members after reading of the title unless specific request is made at that time for the reading of such resolution. AYES: NOES: Brownell, Grgas, Laszlo, Risner, Vanderstaay None Motion carried I REPORT - RIVERBEACH - FIRST AMENDMENT TO DECLARATION The Executive Director reported that the Agency's Special Legal Counsel, Mr. Parrington, and the owner of the Trailer Park, Mr. Dawson, have requested that this matter be held over for additional information and review, and presented to the Agency for consideration on May 29th. Risner moved, second by Vanderstaay, to hold this item over as requested. AYES: NOES: Brownell, Grgas, Laszlo, Risner, Vanderstaay None Motion carried AGENDA AMENDED Brownell moved, second by Risner, to amend the agenda as requested by the Executive Director. AYES: NOES: Brownell, Grgas, Laszlo, Risner, Vanderstaay None Motign carried I MARKET STUDY - DEPARTMENT OF WATER AND POWER PROPERTY The Executive Director stated that as reported to the Council on April 23rd, staff had agreed with the Feinberg Group to share the cost of a required marketing study and that the City's share of that cost would be borne by the Coastal Conservancy. Mr. Parker reported that two agreements exist with the Coastal Conservancy, one for planning expenses which has met its spending limits, and a second for reimbursement of Keyser Marston expenses, however the market study is not an allowable expense under that agreement. Mr. Parker reported that the application for and receipt of Conservancy funds for the study will take several weeks, however pointed out that the study is critlcal to the hotel design and development, and to establishing the value of the DWP land. The Executive Director explained that Keyser Marston were previously retained as land economists, advising the City on the 5-14-84 financial aspect of the proposed DWP development, those expenses covered by the existing Conservancy agreement. It was pointed out that the Agency's share of the cost for the market study is $7,000 plus one-half of any out- of-pocket expenses. Discussion followed. Risner moved, second by Vanderstaay, to revise the agreement making the City the third party to the agreement, and to limit out- of-pocket expenses to ten percent of the Agency's total contract cost. AYES: NOES: Brownell, Grgas, Laszlo, Risner, Vanderstaay None Motion carried I Risner moved, second by Brownell, to authorize the Executive Director to execute the letter of agreement as amended by the previous motion, and that the Executive Director be authorized to file an application with the Coastal Conservancy for funding of the Agency's share of the market study. AYES: NOES: Brownell, Grgas, Laszlo, Risner, Vanderstaay None Motion carried ORAL COMMUNICATIONS There were no oral communications. ADJOURNMENT Vanderstaay moved, second by Brownell, to adjourn the meeting at 7:02 p.m. AYES: NOES: Brownell, Grgas, Laszlo, Risner, Vanderstaay None Motion carried I ~...t,/ 4,t Chairman ., I