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HomeMy WebLinkAboutRDA Min 1996-05-28 4-29-96 / 5-28-96 Seal Beach, California April 29, 1996 The regular adjourned Redevelopment Agency meeting scheduled for 6:30 p.m. this date was cancelled. ".,' . \' I .' !,1" . "', " . ; ,"'1" , ~ '. ,(,';1''- ~. " .' .~ , . 'r ..... ..~ .....". "I t/ ."'.4- ~ 4 1.\" ,. .~- l..... .........,_........ Seal Beach, California May 28, 1996 The Redevelopment Agency of the City of Seal Beach met in regular session at 6:45 p.m. with Chairman Brown calling the meeting to order with the Salute to the Flag. ROLL CALL Present: Chairman Brown Agencymembers Campbell, Forsythe, Hastings Absent: Agencymember Fulton Hastings moved, second by Forsythe, to excuse the absence of Agencymember Fulton from this meeting, as he requested. AYES: NOES: ABSENT: Brown, Campbell, Forsythe, Hastings None Fulton Motion carried I Also present: Mr. Till, Executive Director Mr. Steele, Assistant City Attorney Mrs. Yeo, city Clerk APPROVAL OF AGENDA Hastings moved, second by Forsythe, to approve the order of the agenda as presented. AYES: NOES: ABSENT: Brown, Campbell, Forsythe, Hastings None Fulton Motion carried WAIVER OF FULL READING Hastings moved, second by Forsythe, 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 Agencymembers unless specific request is made at that time for the reading of such resolution. AYES: NOES: ABSENT: Brown, Campbell, Forsythe, Hastings None Fulton Motion carried I AGENCY REORGANIZATION SELECTION OF CHAIRMAN Agencymember Hastings nominated Mr. Brown to continue his chairmanship for the upcoming 1996/1997 year. Hastings moved, second by Forsythe, to declare nominations closed. 5-28-96 AYES: NOES: ABSENT: Brown, Campbell', Forsythe, Hastings None Fulton Motion carried I Mr. Brown was declared Chairman of the Redevelopment Agency for 1996/1997. SELECTION OF VICE-CHAIRMAN Agencymember Hastings nominated Mrs. Campbell as Vice- Chairman. Hastings moved, second by Brown, to declare nominations closed. AYES: NOES: ABSTAIN: ' ABSENT: Brown, Forsythe, Hastings None Campbell Fulton Motion carried Mrs. Campbell was declared Vice-Chairman of the Redevelopment Agency for 1996/1997. APPROVAL OF MINUTES Hastings moved, second by Forsythe, to approve the minutes of the April 22nd, 1996 Agency meeting. AYES: NOES: ABSTAIN: ABSENT: Brown, Forsythe, Hastings None Campbell Fulton Motion carried I RESOLUTION NUMBER 96-1 - APPROVING LEASE OF PROPERTY - FINANCING 800 MHz COMMUNICATION SYSTEM Resolution Number 96-1 was presented to the Agency entitled "A RESOLUTION APPROVING THE LEASE OF CERTAIN PROPERTY TO THE CITY OF SEAL BEACH IN CONNECTION WITH FINANCING PROCEEDINGS FOR THE CITY'S SHARE OF THE COUNTYWIDE 800 MHz COMMUNICATIONS SYSTEM AND/OR TO FINANCE OTHER CAPITAL IMPROVEMENTS WITHIN THE GEOGRAPHIC BOUNDARIES OF THE CITY, AND APPROVING RELATED DOCUMENTS AND OFFICIAL ACTIONS." By unanimous consent, full reading of Resolution Number 96-1 was waived. The City Manager reported this item relates directly to the items on the city Council agenda as it was realized that the police station, which is the subject of the leaseback agreement to fund the 800 MHz system, is owned by the Redevelopment Agency rather than the city, thus the request to approve the Resolution authorizing the lease of the station by the Agency to the city and then the City's participation in the lease arrangement. Questions were posed as to what effect passage of Resolution 96-1 would have should the Council items not be approved; if the pOlice station is being used as a guarantee or collateral for the Note; and what impact would there be if the debt service can not be met. The Assistant city Attorney responded that the Agency lease to the city is for a specific purpose and if the Council chooses not to approve the related items the action of the Agency will have no effect; the Manager added that the same would apply to the joint dispatch documents should the other participating agencies not lend their approval; this action does not constitute collateral for the Note, it is a legal arrangement whereby the fixed asset is a leaseback, with the Assistant city Attorney adding that his understanding is that the Agency is leasing the police station to the City, the City will in turn lease the station to the Countywide Funding Authority, the funding tool for the 800 MHz system, the lease payments under the Funding Authority will in essence pay the City'S share of debt service on the bonds that will be sold to fund the system; the Manager explained the station is not collateral in a sense that it can be repossessed and if the City were not to make the debt payments I 5-28-96 / 6-24-96 the remedy would be litigation against the General Fund rather than a taking of the building. Hastings moved, second by Forsythe, to adopt Resolution Number 96-1 as presented. AYES: NOES: ABSENT: Brown, Campbell, Forsythe, Hastings None Fulton Motion carried I AGENCY ITEMS Agencymember Forsythe presented a commemorative gavel plaque to Chairman Brown in appreciation for his services as Chairman of the Agency for 1995/1996. ORAL COMMUNICATIONS There were no Oral Communications. ADJOURNMENT It was the order of the Chair, with consent of the Agency, to adjourn the meeting at 6:50 p.m. ~~~ Seal Beach, California June 24, 1996 ..: ._"",10-':.'.""\,, ..r- ,.',~' f~ _"t , :_-..". - --r, . '=1 .',.. .. I '. . .!.....1. ~ t".,' . ~~. t '"I 10'. . .:.., ~ 'lr ....: ~ " '\ .~. . i,.~" \.. .,,- ~ ., (').'l'. ..0. ,- ~:l\.~. ...;.. "f'_'''~'' .\\,.... ....'V. " , t;rretary . .. . ' 'P.' : I The Redevelopment Agency of the City of Seal Beach met in regular session at 6:54 p.m. with Chairman Brown calling the meeting to order with the Salute to the Flag. ROLL CALL Present: Chairman Brown Agencymembers Campbell, Forsythe, Fulton, Hastings Absent: None Also present: Mr. Till, Executive Director Mr. Barrow, City Attorney Mrs. Yeo, Secretary APPROVAL OF AGENDA Hastings moved, second by Forsythe, to approve the order of the agenda as presented. AYES: NOES: Brown, Campbell, Forsythe, Fulton, Hastings None Motion carried I WAIVER OF FULL READING Hastings moved, second by Forsythe, 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 Agencymembers unless specific request is made at that time for the reading of such resolution.