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HomeMy WebLinkAboutRDA Min 1985-07-22 7-22-85 Seal Beach, California July 22, 1985 The Redevelopment Agency of the City of Seal Beach met in regular session at 6:47 p.m. with Chairman Brownell calling the meeting to order with the Salute to the Flag. ROLL CALL present: Chairman Brownell Agency Members Clift, Risner, Wilson Absent: Agency Member Grgas Mr. Grgas arrived at the meeting at 6:57 p.m. Also present: Mr. parker, Executive Director Mr. Stepanicich, City Attorney Mrs. Yeo, Secretary WAIVER OF FULL READING There was no action on this item. APPROVAL OF MINUTES Risner moved, second by Clift, to approve the minutes of the June 24, 1985 regular meeting. AYES: NOES: ABSENT: Brownell, Clift, Risner, Wilson None Grgas Motion carried ORAL COMMUNICATIONS AS requested by the Chairman, the Executive Director provided an update of matters of interest to the Agency. Mr. Parker reported that the Department of Water and power have renewed their interest in developing the D.W.P. site, reporting they have prepared a schedule setting forth the various procedural steps necessary in order to enable them to commence the developer recruitment process, anticipated to begin in January, 1986, for development of the site in accordance with the City's Specific Plan. He explained that the City has approximately $450,000 Harbors and Beach monies designated for the site, therefore the city will be actively participating in the negotiating process for the development. The Director reported Riverbeach has completed construction and have sold most of the units, those units fronting First Street selling the slowest, that the Marina Park and the median strip have been completed and are a benefit to the Riverbeach development. Mr. parker reported he has been informed that negotiations have begun with a hotel developer for the State Lands site, that a proposal has been received from the developer and forwarded to the State for their input prior to submittal to the City. He added that a restaurant has also indicated an interest in the site and have been referred to the State Lands. Mr. parker reported that the Hellman family has preliminarily selected a developer for their property, that the developer is familiar with oil production lands and liqua faction problems, and has sixty days to determine, in conjunction with the Planning and Engineering staff, if they are interested in making a formal offer for the property. He added that the developer will submit a proposal as to the type of product proposed to be built for review by the city. Mr. Parker stated that the proposal would be unlike the ponderosa plan, therefore requiring the Specific Plan to be changed to reflect a different product. He noted a preliminary proposal I I I 7-22-85 I could be before the Planning Commission within six to eight weeks. Mrs. Risner asked if the City should commence preparation of a new Specific plan. The Executive Director responded that the staff would first like to look at the physical and environmental constraints of the property which will dictate where development can take place. Mr. parker noted that the staff has recently learned that ponderosa had several environmental studies prepared of which the City had no previous knowledge, and that those documents will be provided to the City for review. Mr. Parker stated he had suggested to all parties concerned that development be pursued through a development agreement, followed by a Specific plan, which would be under a public hearing process. Mr. Parker added that the staff expressed their belief to the developer of the Agency/council's preference for a single family development. I Councilman Grgas arrived at the meeting at 6:57 p.m. The Executive Director noted that the Agency, as a whole, has been solvent for the past three years, primarily due to the in-lieu payments by Riverbeach which has allowed the Agency to commence repayment of loans to the city. He explained that the annual in-lieu payments, $165,000, were agreed upon for a three year period, from which the actual tax increment accrued from the project is subtracted, estimating that after the three year period, the on-going tax increment from the Riverbeach project should be between $165,000 and $200,000 annually. The Executive Director stated he was requesting the Agency adjourn to August 12th to consider approval of a financial agreement for purchase of the Trailer Park property, as requested by Mr. Dawson. He explained that pursuant to an agreement with Riverbeach, Mr. Dawson has the opportunity to purchase the land and in turn, offer long term lease arrangements to the tenants of the park. There being no other oral communications, Chairman Brownell declared Oral Communications closed. ADJOURNMENT Wilson moved, second by Grgas, to adjourn the meeting to Monday, August 12, 1985 at 6:45 p.m. AYES: NOES: Brownell, Clift, Grgas, Risner, Wilson None Motion carried The meeting adjourned at 7:01 p.m. ~~,d"..~ Ch rman ~ - E::.-.. I