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HomeMy WebLinkAboutrda min 1975/07/01 REGULAR MEETING OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA Held Tuesday July 1, 1975 A regularly scheduled meeting of the Redevelopment Agency of the City of Chula Vista, California, was held on the above date beginning at 9:21 p.m. in the Council Chamber, City Hall, 276 Fourth Avenue, with the following Members present: Chairman Hamilton, Members Scott, Hobel Members absent: Members Hyde, Egdahl Staff present: City Manager Cole, Assistant City Manager Asmus, City Attorney Lindberg, Director of Public Works Robens, Director of Planning Peterson, Citizens Assistance Officer Smith, Director of Community Development Desrochers, Director of Finance Grant, Director of Parks and Recreation Hall APPROVAL OF MINUTES It was moved by Member Scott, seconded by Member Hobel and unanimously carried that the minutes of the meeting of June 17, 1975 be approved, copies having been sent to each Member. RESOLUTION NO. 16 It is the usual procedure in issuing ACCEPTING THE Tax Allocation Bonds to appoint a fiscal PROPOSAL OF UNITED agent to represent the Agency on behalf CALIFORNIA BANK TO of the bondholders. The Finance Direc- ACT AS FISCAL AGENT tor solicited making institutions quali- FOR THE CHULA VISTA fied to act as fiscal agents. The BAY FRONT BOND SALE AND United California Bank is the one APPOINTING THE UNITED favored by the Agency. CALIFORNIA BANK AS FISCAL AGENT FOR THE CHULA VISTA BAY FRONT BOND SALE -69- Resolution offered Offered by Member Scott, the reading of the text was waived by unanimous consent. The resolution was passed and adopted by the following vote, to-wit: AYES: Members Scott, Hobel, Hamilton Noes: None Absent: Members Hyde, Egdahl MEMBERS' COMMENTS Member Hobel inquired into the status of the Bond Sale. Redevelopment Director Desrochers responded that the Bond Resolutions will be presented to City Council on July 15, 1975 for con- sideration. He stated that O'Melveney and Myers are the Bond Council Attorneys. ADJOURNMENT Chairman Hamilton adjourned the meeting at 9:24 p.m. f2~n-<~¿/ ~d /d-~ /"- Secretar -70-