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CDC - 04-23-026A PRO V Ell CITY OI' I20 'E MEAD DATE 5 o L MY MINUTES OF THE REGULAR MEETING ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION APRIL 23, 2002 The regular meeting of the Rosemead Community Development Commission was called to order by Chairman Bruesch at 7:10 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 been completed during the meeting just adjourned. ROLL CALL OF OFFICERS: Present: Commissioners Clark, Imperial, Taylor, Vice-Chairman Vasquez, Chairman Bruesch Absent: None APPROVAL OF NIINUTES: APRIL 9, 2002 - REGULAR MEETING MOTION BY COMMISSIONER TAYLOR, SECOND BY VICE-CHAIRMAN VASQUEZ that the Minutes of the regular meeting of April 23, 2002, be approved as submitted. Vote resulted: Aye: Imperial, Taylor, Bruesch, Clark, Vasquez No: None Absent: None Abstain: None The Chairman declared said motion duly carried and so ordered. 1. CDC RESOLUTION NO. 2002-04 CLAIMS AND DEMANDS The following Resolution was presented to the Agency for adoption: RESOLUTION NO. 2002-04 CLAIMS AND DEMANDS A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF ROSEMEAD ALLOWING CERTAIN CLAIMS AND DEMANDS IN THE SUM OF $506,206.34 AND DEMANDS NO. 6677 THROUGH 6688 MOTION BY COMMISSIONER IMPERIAL, SECOND BY VICE-CHAIRMAN VASQUEZ that the Commission adopt Resolution No. 2002-04. Vote resulted: CDCMINUTES:4-23-02 Page E I • 0 Aye: Imperial, Taylor, Bruesch, Clark, Vasquez No: None Absent: None Abstain: None The Chairman declared said motion duly carried and so ordered. 2. MATERS FROM OFFICIALS Commissioner Taylor requested an update on the memo they received regarding Lowe's Hardware store possibly going in at the Temple City and Valley Boulevard location. Frank Tripepi, Executive Director, stated that he requested Vente Real Estate to prepare a proforma prior to placing this item on the agenda for the Commissioner's consideration. Commissioner Taylor stated that he would like a confirmation of Lowe's Hardware sincerity in moving in. Mr. Tripepi responded that that is difficult to pin down as developers want to know if they will receive help from the City in assembling the parcel and will the land be condemned, etc. Mr. Tripepi stated that he wants to gather as much information as possible before placing this on the agenda. Mr. Tripepi stated that along with the proforma, he is requesting a letter from Lowe's real estate division indicating that they are interested in the property. Commissioner Taylor asked about the status of the Toys R Us property. Mr. Tripepi explained that they've met with the property owners who want to discuss what incentives the Commission would offer as part of the deal to bring in new businesses or auto dealerships. W. Tripepi stated that he cannot answer their questions about sales tax without knowing what the potential user will be. W. Tripepi stated that another offer the owners discussed was for a Best Buy store. Mr. Tripepi stated that once the owners come back with a serious user, then negotiations can get underway for a Disposition Development Agreement. Commissioner Taylor asked if Target had been contacted about putting up their red logo. Mr. Tripepi responded that Target had been contacted. However, they never asked to put up the red bullseye sign. They do have a blue and white bullseye on the side of the freeway. Mr. Tripepi concluded that the City never denied them any signage. Chairman Bruesch requested that the Commission receive updates on these various projects. CDCMUMESA-23-02 Page E2 • • 3. ORAL COMMUNICATIONS FROM THE AUDIENCE ON COMMUNITY DEVELOPMENT COMMISSION MATTERS 4. ADJOURNMENT There being no further action to be taken at this time, the meeting was adjourned at 7:25 p.m. Respectfully submitted: Commission Secretary APPROVED: 1' CILAIRMAN CDCMINUTES:423-02 Page E3