HomeMy WebLinkAboutrda min 1974/07/16
REGULAR MEETING OF THE REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA, CALIFORNIA
Held Tuesday July 16, 1974
A regularly scheduled meeting of the Redevelopment Agency of the City of Chula
Vista was held on the above date beginning at 8:47 p.m. in the Council Chambers,
Civic Center, 276 Fourth Avenue, with the following
Members present: Chairman Hamilton, Members Scott, Hobel, Hyde, Egdahl
Members absent: None
Staff present: Executive Director Thomson, City Attorney Lindberg, Community
Development Coordinator Henthorn, Administrative Analyst Smith
APPROVAL OF MINUTES It was moved by Member Egdahl, seconded by
Member Scott and unanimously carried that the
minutes of the meeting of June 25, 1974 be
approved, copies having been sent to each
Member.
REDEVELOPMENT AGENCY Executive Director Thomson presented the
OPERATIONAL EXPENDITURE Redevelopment Agency Operational Expenditure
STATEMENT - FISCAL YEAR Statement for Fiscal Year 1973-74 for the
1973-74 Agency's consideration.
In a written report to the Agency members
he explained that this fiscal report is pro-
vided to meet the obligations of the Coopera-
tive Agreement between the City of Chula Vista
and the Redevelopment Agency. Mr. Thomson
added that the Agency has been in operation
for only seven months and organization and
programming have been intense during this
period.
The Statement reflects identifiable accrued
costs for City staff services as well as actual
Agency expenditures for contractual services.
These expenditures are presently being accrued
and deferred until the Agency's redevelopment
projects begin generating revenue. Mr. Thomson
explained that this approach enables the Agency
to operate under an extremely low annual budget.
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The Statement reflects the following:
Original Loan $10,000.00
Staff Services and Overhead 8,152.41
Contractual Services
Expenditures 1,933.81
End of Fiscal Year Fund
Balance $ 8,066.19
Report accepted It was moved by Member Hobel, seconded by
Member Scott and unanimously carried that
the report be accepted.
RICE CANYON AS POTENTIAL Member Egdahl inquired as to the status of
REDEVELOPMENT PROJECT consideration of making Rice Canyon a pot en-
AREA tial redevelopment project area.
Executive Director Thomson explained that by
making the whole city the study area, that may
be considered now. He added that most of the
efforts are being directed toward the Bayfront
area and will soon be accelerated in the down-
town area.
Redevelopment Coordinator Redevelopment Coordinator Henthorn stated that
Henthorn he has been in contact with both the Agency's
contractual attorney and the City Attorney
in attempting to determine the feasibility
of pursuing this project under the provisions
of the Community Redevelopment Law. He in-
dicated he would be able to get back to Council
in approximately two weeks with answers as to
the legal feasibility of pursuing these
options.
ADJOURNMENT Chairman Hamilton adjourned the meeting at
8:50 p.m. to the meeting scheduled for Tuesday,
July 23, 1974 following the regularly scheduled
City Council Meeting.
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