HomeMy WebLinkAboutrda min 1975/02/04
REGULAR MEETING OF THE REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA
Held Tuesday February 4, 1975
A regularly scheduled meeting of the Redevelopment Agency of the City of Chula Vista,
California, was held on the above date beginning at 10:50 p.m. in the Council Chamber,
City Hall, 276 Fourth Avenue, with the following
Members present: Chairman Hamilton, Members Scott, Hobel, Hyde, Egdahl
Members absent: None
Staff present: Director of Public Works Cole, City Attorney Lindberg, Director
of Redevelopment Operations Desrochers, Administrative Analyst
Smith, Director of Planning Peterson, Assistant Director of
Public Works Robens
APPROVAL OF MINUTES It was moved by Member Scott, seconded by Member
Hyde and unanimously carried that the minutes of
the meeting of January 21, 1975 be approved,
copies having been sent to each Member.
REPORT ON BAYFRONT ACTION Director of Redevelopment Operations Desrochers
PROGRAM submitted a written report to the Council in
which he detailed the action plan proposed by
the Agency staff in attempting to expedite the
Bayfront project regarding the financial, land
marketing and regulatory agencies.
Report accepted It was moved by Member Scott, seconded by Member
Hyde and unanimously carried that the report be
accepted.
Council discussion In answer to Council's queries, Mr. Desrochers
stated his proposal would be kep~ within the budget-
there is about $12,000 remaining in this account
(marketing and promoting the project).
Mr. Desrochers noted the contacts that have been
made with developers interested in the project.
Member Hobel declared that a prospectus is needed.
Mr. Desrochers indicated that he is attempting
to develop a prospectus as a marketing tool,
and also a bond prospectus.
Motion for Conference It was moved by Member Hyde, seconded by Member
Scott and unanimously carried that a Council
Conference be scheduled for Wednesday, February
19 or February 26, as recommended by the
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City Manager, to discuss the Bayfront Redevelop-
ment plans. This will be an afternoon meeting.
RESOLUTION NO. 14 - The services of this firm are required for the
APPROVING AND ENTERING INTO preparation of a tax increment bond sale. The
A CONTRACT WITH O'MELVENY fee is determined on a sliding scale and con-
AND MYERS FOR LEGAL SERVICES tin gent upon a successful issue.
IN CONNECTION WITH ISSUANCE
AND SALE OF BONDS FOR
REDEVELOPMENT PROJECT IN
BAY FRONT AREA
Resolution offered Offered by Member Hyde, the reading of the text
was waived by unanimous consent, passed and
adopted by the following vote, to-wit:
AYES: Members Hyde, Egdahl, Scott, Hobel
Hamilton
Noes: None
Absent: None
Member Hobel asked that the Redevelopment staff
prepare a report for this Council Conference
as to the amount of legal fees that have been
expended up to this time.
ADJOURNMENT Chairman Hamilton adjourned the meeting at 11:00 p.m.
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