HomeMy WebLinkAboutrda min 1981/02/10
MINUTES OF A SPECIAL MEETING OF THE REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA, CALIFORNIA
Tuesday, February 10, 1981 - 9:45 p.m. Council Chambers, Public Services Bldg.
ROLL CALL
MEMBERS PRESENT Chairman Hyde; Members Scott, Gillow, Cox, McCandliss
Members Absent None
STAFF PRESENT Executive Director Cole, Agency Attorney Lindberg,
Deve 1 opment Servi ces Di rector Robens, Conmunity Deve 1 op-
ment Director Desrochers, Redevelopment Coordinator Zegler
ALSO PRESE;'-IT Richard Zogob, C. Michael Cowett
PARKING STRUCTURE FOR THE FOCUS AREA
Community Development Director Desrochers referred to information presented to the
Council on Saturday, February 7 on tax increment financing proposals for the financ-
ing of the structure with or without Proposition 4 restrictions and with or without
the structure. Mr. Desrochers indicated that the tax increments were fairly healthy.
The staff recommendation is for support of the parking structure.
C. MICHAEL COWETT, ESQ.
JENNINGS ENGSTRAND & HENRIKSON, INC.
2255 Camino del Rio South
San Di ego
Mr. Cowett, representing Centre City Associated, Ltd., stated that Plan #9, which
contemplates the parking structure, theatre, etc., has been approved by the Redevel-
opment Agency -- both the land use and plot plan. The issue before the Agency to-
night is whether it wants to finance a parking structure that would implement the
land use plan. He added that they are looking for a "cOlrmitment with conditions"--
a commitment to finance under certain conditions assuming that: (1) the increment
as projected is proper; (2) the bonds can sell at proper interest rates; etc.
In answer to the Agency's questions, Mr. Desrochers explained the tie between the
Bayfront increments and this project, long-range.
Executive Director Cole voiced his opinion regarding having a theatre in the Focus
Area which he felt would change the character of the downtown area. He added that
he does support the proposal for the parking structure.
Agency discussion followed regarding the theatre being an attraction to the area;
the lack of present parking; number of spaces contemplated in the structure; the
Agency's approval of Plan #9 which was based on being acceptable to obtain a UDAG;
likelihood of needing the Bayfront money in about three to four years; options of
the Redevelopment Agency; impact this will have on the bond market; and the time
element to begin construction of the parking facility.
2/10/81
MINUTES OF A REGULAR MEETING OF THE REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA, CALIFORNIA
Thursday, March 5, 1981 - 7:00 p.m. Council Chambers - Public Services Building
ROLL CALL
MEMBERS PRESENT Chairman Hyde; Members Cox, McCandliss, Scott
Members Absent Member Gillow
STAFF PRESENT Executive Director Cole, Special Counsel Reed, Community
Development Director Desrochers, Development Services
Administrator Robens, Redevelopment Coordinator legler,
Development Specialist Kassman, Administrative Analyst
Buchan
ALSO PRESENT Ralph Hamanaka, Dave Materna, Michael Gay
ITEM NO.1 - APPROVAL OF MINUTES
Chairman Hyde requested clarification of the motion on page 3 of the minutes for the
regular meeting of February 5. (Motion relative to street lighting on Third Avenue.)
MOTION FOR CLARIFICATION
MS (Hyde/Scott) to approve minutes of February 5,1981 except for subject item.
Member Scott stated that perhaps approval of these minutes should be carried over to
another meeting.
MOTION WITHDRAWN
Chairman Hyde withdrew his motion and the second agreed.
MOTION TO CARRY OVER APPROVAL OF MINUTES
MSUC (Scott/Hyde) to carryover approval of minutes of February 5,1981 for clarifi-
cation at the next Agency meeting.
Chairman Hyde also noted a typographical error on page 2 of the minutes of the
February 10 meeting. Under "MOTION TO FUND PARKING STRUCTURE," the word" pa rt" in
1 i ne 3 of the second sentence shoul d be "party."
MOTION TO APPROVE MINUTES AS CORRECTED
MSUC (Hyde/Cox) to approve the minutes of February 10, 1981 as corrected.
ITEM NO. l(a) - WRITTEN COMMUNICATIONS: THEATRE/PARKING MODIFICATIONS
Two letters have been received from the Town Centre Business & Professional Association
relative to the theatre and parking modifications on Third Avenue.
MOTION TO REFER ITEM TO STAFF
MSUC (Cox/Scott) to refer this item to staff and include it in the report comi ng
back to Council on the parking structure.
3/5/81
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