HomeMy WebLinkAboutrda min 1979/08/14
MINUTES OF AN ADJOURNED REGULAR MEETING OF THE
REDEVELOPMENT AGENCY OF THE
CITY OF CHULA VISTA, CALIFORNIA
Tuesday - 9:45 p.m. AU9ust 14, 1979
An adjourned regular meeting of the Redevelopment Agency of the City of Chula Vista was
held on the above date at 9:45 p.m., immediately following the City Council meeting.
MEMBERS PRESENT Chairman Hyde; Members Gillow, McCandliss, Scott
Members Absent Member Cox
STAFF PRESENT Executive Director Cole, Community Development
Director Desrochers, City Attorney Lindberg
ITEM NO. 1 - TOWN CENTRE FINANCING REPORT
Community Development Director Desrochers noted the complexity of financing for the Town
Centre area. At the meeting of August 2, 1979, this item was continued with the hope to
present a streamlining of the financial package for the condominium development, however,
a last minute "hitch" developed regarding the interpretation of House Bill 3712 (legal
matters concerning interim rules). The first segment of Mr. Zogob's development can be
buil t--the construction financing for the 129 units has been secured. It is anticipated
that the financial consultants will be present at the next meeting to give the Agency a
recommendation on the complete financial package for all of the units in the project.
ITEM NO. 2 - UDAG STATUS
Mr. Desrochers reported that he met with the UDAG officials and presented them with a
letter from a local savings and loan company. By the first week in September, the Board
of Directors of the savings and loan company will have acted on the financial commitment.
At that time, the developer will be required to put up a 1% fee for the commitment letter
which will then be acceptable to HUD.
ITEM NO. 3 - TAX ALLOCATION BONDS UPDATE
Director of Community Development Desrochers stated that he met with special and bond
counsels along with the financial consultant yesterday to discuss the tax allocation
bond issue. At the August 2 meeting, it was recommended that the sale of the bonds be
held until after the November election; however, bond counsel now feels that it would
be appropriate to go with the sale about the first of October.
ITEM NO. 4 - OWNER PARTICIPATION AGREEMENT/CAMPBELL
Mr. Desrochers explained that the new structure (warehouse at 350 Bay Boulevard) will
change the present usage of the property. Presently, it is an auto-wrecking yard which
use will be eliminated with the construction of the subject warehouse. The new building
will be for auto parts distribution and the applicant will comply with all City require-
ments (landscaping, paving, street improvements). There are three parcels similar in
size (80' wide x 357' . deep) to the south of this property and there is a possibility
of instituting eminent domain to consolidate all four parcels, however, this action
'.ould be costly and is not a priority of the Agency at this time. The City could then
sell the parcels to a developer. Mr. Desrochers added that approving Mr. Campbell's
proposal is a step in the right direction and his proposed building is demountable
which can be reconstructed at another location.
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Redevelopment Agency
Adjourned Regular Meeting August 14, 1979
Mr. Merideth Campbell, Attorney for Mr. Harding Campbell, stated that his client
has been discussing plans for the development of his property with the staff for
the last 7 months, and has incurred expenses with the understanding that there
was no objection to the plans. The Redevelopment Agency submitted a draft agree-
ment to Mr. Campbell for owner participation and he signed it immediately, paid
$515 for the building permit and then ordered the building which cost over $30,000.
If the redevelopment Agency doesn't approve the owner participation agreement at
this time, Mr. Campbell stands to lose over $36,000.
MEMBER SCOTT'S CONCERN
Member Scott questioned how this project could get so far down the road whereby the
applicant has already spent $36,000 without it ever coming to the Redevelopment
Agency. Member Scott added that he does not like to get in the position of having
no opportunity except to approve these plans.
RESOLUTION NO. 197 - ENTERING INTO AN OWNER PARTICIPATION AGREEMENT BETWEEN THE
REDEVELOPMENT AGENCY AND HARDING C. CAMPBELL
Offered by Member Scott, the reading of the text was waived by unanimous consent
of those present, passed and adopted by the following vote, to wit:
AYES: Members Scott, Gillow, Hyde, McCandliss
Noes: None
Absent: Member Cox
MOTION FOR STAFF REPORT
It was moved by Member Scott, seconded by Member McCandliss and unanimously carried
by those present that staff be directed to come up with a system whereby this will
not happen again--that people are not led down the path that they can do something,
spend large sums of money and then when they get to the Redevelopment Agency, there
is no choice but to approve. The Agency wants to know exactly what forms and pro-
cedures need to be changed to make sure that this doesn't happen again. The Agency
requested that the report be made available at the next meeting.
ADJOURNMENT
Chairman Hyde adjourned the meeting at 10:05 p.m. to the next meeting scheduled
for August 21, 1979.
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