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RRA - Minutes 06-26-01PUT OFFICIAL UNTIL AWROVED BY THE ROSEtAEAD REDEVELOPIAENT AGENCY MINUTES OF THE REGULAR MEETING ROSEMEAD REDEVELOPMENT AGENCY JUNE 26, 2001 The regular meeting of the Rosemead Redevelopment Agency was called to order by Chairman Imperial at 7:15 p.m. in the conference room of City Hall, 8838 E. Valley Boulevard, Rosemead, California. The Pledge to the Flag and Invocation were waived as having being completed during the meeting just adjourned. ROLL CALL OF OFFICERS: Present: Agencymembers Clark, Vasquez, Taylor, Vice Chairman Bruesch, and Chairman Imperial Absent: None APPROVAL OF MINUTES: JUNE 12, 2001 -REGULAR MEETING MOTION BY AGENCYMEMBER TAYLOR, SECOND BY VICE-CHAIRMAN BRUESCH that the Minutes of the Regular Meeting of June 12, 2001, be approved as submitted. Vote resulted: Aye: Bruesch,Vasquez, Clark, Imperial, Taylor No: None Absent: None Abstain: None The Chairman declared said motion duly carried and so ordered. 1. RRA RESOLUTION NO. 2001-12 CLAIMS AND DEMANDS The following Resolution was presented to the Agency for adoption: RESOLUTION NO. 2001-12 - CLAIMS AND DEMANDS A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF ROSEMEAD ALLOWING CERTAIN CLAIMS AND DEMANDS IN THE SUM OF $964,376.00 AND DEMANDS NO. 6373 THROUGH 6390 MOTION BY VICE-CHAIRMAN BRUESCH, SECOND BY AGENCYMEMBER CLARK that the Agency adopt Resolution No. 2001-12. Vote resulted: Aye: Vasquez, Bruesch, Imperial, Clark No: Taylor Absent: None Abstain: None The Chairman declared said motion duly carried and so ordered. Agencymember Taylor stated that he voted no as he disagrees with the Agency reimbursing the City in the amount of $953,500. 2. RESOLUTION NO. 01-11 -ADOPTING 2001-02 ROSEMEAD REDEVELOPMENT AGENCY BUDGET RRMIINUPE5:6-26-01 Page k I MOTION BY AGENCYMEMBER CLARK, SECOND BY VICE-CHAIRMAN BRUESCH that the Agency adopt Resolution No. 01-11. Before vote could result, more discussion ensued. Vice-Chairman Bruesch inquired about the status of the traffic signal at Hellman and Jackson. Ken Rukavina, City Engineer, responded that this project will now be funded by federal money and that involves dealing with Caltrans. Mr. Rukavina stated that he hopes to have this item before the Council for approval by the end of summer. Agencymember Bruesch corrected the Garvey Avenue Bridge expenditure amount. Vote resulted: Aye: Vasquez, Bruesch, Imperial, Clark No: Taylor Absent: None Abstain: None The Chairman declared said motion duly carried and so ordered. Agencymember Taylor stated that there is a commingling of the two project areas, and asked if the two areas can be kept separate. Frank Tripepi, Executive Director, responded that Project Area I can loan money to Project Area 2 as there is not enough money to float a bond issue and operate Project. 2. Mr. Tripepi stated that a future recommendation would be to merge both project areas, keeping the existing boundaries. This would allow money that is collected through tax increment and/or through bonds to be used in either project area. However, Mr. Tripepi continued, the Finance Department will keep separate books on each project area. Mr. Tripepi stated that the Agency can be provided with a quarterly report earmarking the funds to indicate the source of funding and debt. 3. AUTHORIZATION TO ATTEND INTERNATIONAL COUNCIL OF SHOPPING CENTERS WESTERN DIVISION CONFERENCE, OCTOBER 2-4,2001, PALM SPRINGS MOTION BY VICE-CHAIRMAN BRUESCH, SECOND BY AGENCYMEMBER VASQUEZ that the Agency approve the attendance of any Agencymember, Executive Director and staff as designated by the Executive Director. Vote resulted: . Yes: Vasquez, Bruesch, Imperial, Clark, Taylor No: None Absent: None Abstain: None The Chairman declared said motion duly carried and so ordered. 4. CONSIDERATION OF EXCLUSIVE NEGOTIATING AGREEMENT BETWEEN JR PROPERTIES AND ROSEMEAD REDEVELOPMENT AGENCY FOR THE DEVELOPMENT OF A FOOD-4-LESS SHOPPING CENTER AT TEMPLE CITY BOULEVARD AND VALLEY BOULEVARD Agencymember Taylor pointed out that the Agency does not have an DDA agreement. Frank Tripepi, Executive Director, responded that the DDA has not been developed yet. Once negotiations have been completed, the developer will deposit the $40,000 and the DDA agreement can be approved. R RANI I NUI'ES:6-2 6-01 Page #2 Agencymember Taylor requested clarification of the last paragraph of the staff report stating that this is the "on-set of the negotiation period...... Steve Copenhaver, GRC Consultants, stated tonight's agreement is an agreement to negotiate. The MOU will identify all the business points of the DDA. Mr. Copenhaver continued that the MOU will be brought back to the Agency for consideration and approval. Mr. Tripepi confirmed that the Agency will not enter into the DDA until the MOU is approved. The DDA will have all the deal points that the Agency approved in the MOU. Vice-Chairman Bruesch asked if a graphic timeline could be provided that shows the different documents and requirements. Mr. Tripepi replied that a chronological list can be provided of all the documents required, but not a timeline as the Agency may have no control over some of those. Agencymember Taylor expressed his concern that the Ralphs across the street will be closing soon. Mr. Tripepi stated that the lease on that store will be up in two years and the floor plan of that store is no longer suitable for Ralphs. Mr. Tripepi continued that in most cases, when the leases are up on those types of stores, they are usually sold to a Smart & Final or Trader Joe's. Agencymember Taylor stated that the closure of Ralphs will result in the Food-4-Less being further away, and we will end up again with only one supermarket in the area. Mr. Tripepi stated that the Ralphs does not fit the type of supermarkets being developed now. It was built in 1969 or so and does not carry a variety of dry goods or have the conveniences of the supermarkets of today. Mr. Tripepi continued that he is concerned that Ralphs will close and a deal may not have been made for the Food-4-Less corner. Chairman Imperial stated that we need to show intent. Agencymember Taylor stated that the bottom line is what is the City going to end up with, and what is the cost going to be. Mr. Taylor stated that without the MOU, he will have to abstain tonight. Mr. Tripepi stated for the record that this project is not going to generate any tax revenues for the City. MOTION BY VICE-CHAIRMAN BRUESCH, SECOND BY AGENCYMEMBER VASQUEZ that the Agency approve the Exclusive Negotiating Agreement (ENA) and authorize the Executive Director to execute the ENA on behalf of the Agency. Vote resulted: Yes: Vasquez, Bruesch, Imperial, Clark No: None Abstain: Taylor Absent: None The Chairman declared said motion duly carried and so ordered. 5. AIATTERS FROM OFFICIALS Frank Tripepi, Executive Director, stated that the Planning Director was notified that Walgreen's will be coining in with preliminary site plans for a drive-through store. This development will include the vacant lot, liquor and furniture store, up to First American Bank. Mr. Tripepi continued that Target is in plan check. RRMnNUPES:6-26-0I Page n3 ADJOURNI TENT There being no further action to be taken at this time, the meeting was adjourned at 7:35 p.m. Respectfully submitted: APPROVED: Agency Secretary APPROVED RRMnNUTES:6-26-01 Page n4