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Home My WebLink Aboutrda min 1986/05/15 MINUTES OF A REGULAR MEETING OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, CALIFORNIA Thursday, May 15, 1986 Council Conference Room 4:00 p.m. City Hall ROLL CALL MEMBERS PRESENT: Chairman Cox; Members Campbell, McCandliss, Moore MEMBERS ABSENT: Member Malcolm STAFF PRESENT: Executi ve Di rector Goss, Assi stant Executi ve Di rector Asmus, Agency Attorney Harron, Community Development Di rector Desrochers, Assistant Communi ty Development Director Gustafson, Redevelopment Coordinator Kassman, Senior Conmunity Development Specialist Buchan, Assistant to City Manager Morris, Director of Finance Christopher, Public Information Coordinator Cox ALSO PRESENT: Port Commissioner Creaser, Alan Mi 11 er and Pam Newcomb, Miller & Schroeder Financial ITEM NO. 1 - APPROVAL OF MINUTES MSUC (Moore/Cox) (Campbell abstained) to approve the mi nutes of Apri 1 17, 1986, with an amendment to page 4, first paragraph, change the northbound exit to read southbound exit. ITEM NO.2 - QUARTERLY REPORT OF THE PORT COMMISSIONER Mr. Phil Creaser is the City's appointee to the San Diego Unified Port Commission. Mr. Creaser presented a status of Port-rel ated projects. He stated that the Port is prepari ng a South Bay Wetl ands Enhancement Program Study. Said study will be before the Board within the next several months and will focus upon environmental requirements relative to buil di ng additional Port facilities at the Chula Vista/"J" Street Marina. Mr. Creaser passed out the quarterly report to the members and briefly gave the following status: Chula Vista Park Extension - The project is slated for completion by mid-July, thus a beach for City residents will be available at that time. Dredge Deposits - The Port owned parcel to the east of the park extension is being filled with material from the convention center in Downtown San Diego. -----_.__.~....._-,.._..,'_._._-_._---- Redevelopment Agency -2- May 15, 1986 Conventi on Center - The Port has di rected that all bi ds be rejected and redes i gn work is underway. Derel ict Vessel Removal - The current $300,000+ contract is expected to be completed in August of this year. The District will continue to package groups of derelict vessels for inclusion in the future removal contract. Bay-wi de Anchorage and Moori ng Program - Coast Guard and the Di stri ct are di scussing the pl an that has been endorsed by the Port and the Coastal Commission for a possible way to resolve problems between the policy and the Coast Guard. Mr. Creaser stated that on August 24, San Diego Symphony will hold a Pops Concert at Bayside Park. The District is also studying the p'0ssibility of assi sting with the berthing needs of the for the tall ship 'Cal ifornian." Finally, the Port Di strict has granted conceptual approval for ferry service to Coronado, South Bay and Downtown San Diego and a formal request has been filed with the Public Utilities Commission. Member Campbell asked Mr. Creaser if the Port District had control over derelict vessels. Mr. Creaser stated that the bay is still a free anchorage port and thus, the U.S. Coast Guard still has the authority. MSUC (Campbell/Scott) to accept report. Chai rman Cox suggested that the Agency consider Item #8 at thi s time because of its relationship to the Port District. ITEM NO.8 - REPORT: CHANGING THE NAME OF THE "J" STREET MARINA Community Development Director Desrochers stated that the "J" Street Marina will no longer be located on "J" Street because of the approval of the name change to Marina Parkway. Therefore, it was appropriate to consider a name change that would be more analogous to the location of the boating facility. Member McCandliss stated that she would prefer Marina and did not particularly like Boat Basin and/or Harbor as alternate suggestions. She felt that Harbor could connotate a different use than the recreational facilities. MSUC (Cox/Campbell) to accept the report and direct staff to inform the Port Di strict of a desire to change the name of the "J" Street Marina. Mr. Creaser stated that he would also inform the Port District of the Agency's desire. ITEM NO. 3 - RESOLUTION 685 - AUTHORIZING AND DIRECTING THE PROCEEDINGS AND DISPOSITION OF FUNDS TO REFUND 1979 TAX ALLOCATION BONDS AND 1984 TAX ALLOCATION NOTES RESOLUTION OFFERED BY CHAIRMAN COX, the reading of the text was waived by unanimous consent, passed and adopted unanimously. n~l.Wf-''''1I I.II~ L.WU UIU3 "U.~ I\";,;¡o,;¡o ......... ...___,___ _._. _ ,..-- n______ Redevelopment Agency -3- I~ay 15, 1986 RESOLUTION 686 - AUTHORIZING THE ISSUANCE AND AWARDING THE SALE OF $35,855,000 IN BAYFRONT /TOWN CENTRE REDEVELOPMENT PROJECT 1986 TAX ALLOCATION BONDS, RATIFYING PROCEEDINGS FOR COMPETITIVE SALE OF SUCH BONDS, APPROVING FORM OF OFFICIAL STATEMENT AND AUTHORIZING EXECUTION OF INDENTURE OF TRUST AND OFFICIAL ACTION Community Development Di rector Desrochers stated that thi s morn i ng at the offices of Jones, Hall , Hill & Whi te in San Francisco, bids were opened relative to the sale of the bonds. Mr. Allan Miller of Miller & Schroeder, the underwriter for the issue is present to advi se the Agency as to the outcome of the bi ds. Mr. Mi 11 er stated that two bi ds were received for the issue. The bids were both from responsible parties, Smith, Barney, Harri s, Upham & Co. , and Merri 11 Lynch Capital Ma rkets Group, respecti vely. Mr. Mi 11 er stated that the bi ds were very close to one another and that the winning bid and the recommended purchaser of the bonds was Smith Barney Harris Upham Company, Inc. Mr. Miller stated that the total interest and difference between the two bids was less than $200,000 over a $50 million cost. Mr. Miller stated that he was pleased with the results of the bidding inasmuch as the bonds were rated by Standard and Poors as triple "B" and that they were below the national average of tax exempts by almost 500 basis points. In other words, the going rate on municipal bonds nati onally is 8.45% and the winning proposal today was 7.96% including discount. RESOLUTION OFFERED BY CHAIRMAN COX, the reading of the text was waived by unanimous consent, passed and adopted unanimously. CONSENT CALENDAR Member McCandliss questioned Item No. 5 and asked that it be taken off the Consent Calendar. MSUC (Moore/McCandliss) to approve consent calendar, items 4, 6 and 7. ITEM NO. 4 - RESOLUTION 687 - ACCEPTING BIDS AND AWARDING CONTRACT FOR GRADING AND DRAINAGE IMPROVEMENTS FOR NATURE INTERPRETIVE CENTER IN THE CITY OF CHULA VISTA, CALIFORNIA AND APPROVING CHANGE ORDER #1 ITEM NO. 5 - RESOLUTION 688 - APPROVING CONTRACTS FOR BIOLOGIST SURVEYING AND SOILS ENGINEERING SERVICES FOR NATURE INTERPRETIVE CENTER Member McCandl i ss questi oned the need for a bi 01 ogi st and asked the purpose. Communi ty Development Di rector Desrochers stated that a biologist would be on-site at all times during construction so that the contractor, workers, and anyone affil i ated with the constructi on of thi s site is made aware of any peril to wildlife. He reported that last week a potentially serious problem ----,--_.." .-- - -------,,-- - - - -.~--~---_.~_._----- Redevelopment Agency -4- May 15, 1986 occurred wherei n some di rt from the grading of the levee road entered the marsh. It is hoped that, with a biologist on-site, such occurrences can be avoided. Mr. Desrochers complimented Chula Vista Investment Company for their quick action in remedying the situation with regards to the dirt into the marsh. Member Campbell stated that he was concerned about the low price of the surveying work in relationship to the other bids received and was unfamiliar with the informal bidding process. Agency Attorney Harron explained that informal bids were for work under $25,000 and that three bids must be received but they can be held informally over the telephone and/or written without public notice. As to the low bidder for the survey work, Senior Community Development Specialist Buchan reported that Algert, the low bi dder was knowledgeable of all the facts concerning the work to be done. Because of his low bid, 3-1/2 times below that of the next firm, the engineer was questi oned. Member McCandl i ss asked about the track record of the fi rm. Ms. Buchan reported that the Al gert fi rm is most reputabl e. Member Campbell stated he had no questi on with regards to the fi rm' s integrity but was concerned as to the low bid. Mr. Desrochers explained that the Corps of Engineers and Chula Vista Investment Company have accomplished extensive surveyi ng on Gunpowder Poi nt and with the establ i shed monuments the Al gert firm will rely on these markers. MSUC (Cox/Moore) to approve resolution. ITEM NO. 6 - RESOLUTION 689 APPROVING ROHR COGENERATION FACILITY ITEM NO. 7 - REPORT: REQUEST FOR PROPOSALS FOR ASSISTANCE IN PREPARING RAILROAD CROSSING APPLICATION DIRECTOR'S REPORT Assistant to the City Manager Sid Morris explained that the Kyocera Company from Kearny Mesa has an exhibit module that they wish to dispose of. Mr. Morris displayed the blueprints for the basic configuration that cost $50,000 to buil d. He stated that the fi rm has no longer a need for the exhi bit and woul d gi ve it to the Ci ty for the cost of movi ng it. He stated that the module could be used for video productions, fairs, and could be an asset to the City. Member McCandliss asked if it was in good condition. Mr. Morris stated that it is in good condition, but it does need some refurbishment and the removing of the Kyocera name. Chairman Cox felt it was an appropriate acquisition. Mr. Asmus stated that since the amount to move is not significant that it is not necessary to bring back an appropriations or a resolution. MSUC (Cox/Moore) that the Agency acquire the exhibit module and move it to the City for a cost not to exceed $500. Redevelopment Agency -5- May 1 5, 1986 CHAIRMAN'S REPORT The Chairman asked the Agency Attorney about the confidential memo that was passed to the members. Attorney Harron stated that the item concerned potential litigation and should be di scussed on Tuesday after the Council meeting in closed session. MSUC (Cox/Moore) to conti nue thi s meeti ng to 5/20/86 to di scuss the item in closed session. ADJOURNMENT of meeting at 5:05 p.m. to the meeting following Council meeting on Tuesday, May 20, 1986, and to the regul ar meeting of June 5, 1986, at 7:00 p.m. a0~ Paul G. Desrochers, Executive Secretary WPC 2282H ~ -- -....-.-.,--..----...--."'--. --,-.--.....-.--------- ~-