HomeMy WebLinkAboutrda min 1986/04/02
MINUTB~ OF AN ADJOURNED REGULAR ME~TING
OF THE REDEVELOPMENT AGENCY
Wednesday, April 2, 1986 Council Conference Room
Following City Council meeting at 4:00 p.m. City Hall
MEMBERS PRESENT: Chairman COX, Members Moore, Scott,
McCandliss
MEMBERS ABSENT: Member Malcolm
STAFF PRESENT: Executive Director Goss, Assistant Agency
Attorney Gill, Assistant City Manager
Asmus, Executive Secretary Desrochers
1. DISCUSSION OF BAY FRONT REDEVELOPMENT PROJECT AREA
Chairman Cox stated that this item will be discussed at the
close of the meeting (closed session).
2. WRITTEN COMMUNICATION
SUGGESTION TO REQUIRE SUPPORTERS OF ORANGE TREE MOBILEHOME
PARK CONVERSION TO PAY DEPOSIT - Ann H. Stewart, 521 Orange
Avenue, Sp. 18, Chula vista 92011
Mrs. Stewart stated that she advanced 4>750 for the proposed
~urchase of her space in the mobilehome park. The amount of
pOO,OOO is needed to be put this deal into escrow and she
suggested that all of the supporters of this venture pay the
deposit rather than have the City pay the 4>75,000,
MSUC (McCandliss/Moore) to receive and note the letter.
3. RESOLUTION 670 APPROVING LENDING AGREEMENT WITH ORANGE
TREE ACQUISITION ASSOCIATION ,FOR DOWN
PAYMENT FOR PARK ACQUISITION APPROVING
ADDITIONAL FINANCIAL ASSISTANCE TO ORANGE
TREE ACQUISITION ASSOCIATION IN AN AMOUNT
NOT TO EXCEED $425,000 AND SUBJECT TO
SUBSEQUENT APPROVAL OF A LENDING
AGREEMENT CONTANING CERTAIN CONDITIONS
AND APPROPRIATING FUNDS THEREFOR
(Community Development Director)
On March 20, the Agency approved in concept financial assistance
to the Acquisition Association of Orange Tree Mobilehome Park for
park acquisition and conversion. The Agency wishes further
financial, benefit, and conversion support information before
formally approving an appropriation of funds. A lending agreement
for down payment assistance has been prepared and a meeting of
concerned Orange Tree residents has been addressed by staff.
Redevelopment Agency - 2 - April 2, 1986
Housing Coordinator Gustafson referred to his written report
stating there is nothing new to report since the meeting of April
1. There was some concern on the part of the Agency members
regarding people falling into the category above the 80% and not
be able to quali ty for a loan. Mr. Gustafson explained that the
funds the City is using are for people in the category of 120% of
the medium or below. If there are people between the 80% and 100%
category, these should be addressed on a case-by-case basis.
His recommendation would be that the Agency approve the lending
agreement for down payment assistance to the Orange Tree
Acquisition Association and to approve the financial assistance
not to exceed 4>425,000 sUbject to subsequent approval of a lending
agreement containing certain conditions.
MSUC (McCandliss/Scott) to amend the resolution to state that
people between the 80% and 120% will be considered on a
case-to-cas.e basis.
RESOLUTION OFFERED BY MEMBER McCANDLISS as amended, the reading of
the text was waived by unanimous consent, passed and approved
unanimously.
4. ORAL COMMUNICATIONS None.
5. EXECUTIVE DIRECOR'S REPORT None.
6. CHAIRMAN'S REPORT None.
7. MEMBERS' COMMENTS None.
At this time, the Chairman stated he will recess the Redevelopment
Agency and convene the City Council meeting, after which time he
will reconvene the Redevelopment Agency to go into a Closed
Session with the City Council for matters of potential litigation,
404 Permit and Sierra Club vs. Coastal Commission.
The Agency recessed at 4:44 p.m.; went into Closed Session at 5:30
p.m. and adjourned from Closed Session at 6:30 p.m.
~17;~
~nJ.e M. Fulasz, C
ity Clerk
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