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HomeMy WebLinkAboutrda min 1999/11/30 MINUTES OF AN ADJOURNED MEETING OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA November 30, 1999 6:00 p.m. An Adjourned Meeting of the Redevelopment Agency of the City of Chula Vista was called to order by Chair Horton at 8:27 p.m. in the Council Chambers located in the Public Services Building, 276 Fourth Avenue, Chula Vista, California. CALL TO ORDER 1. ROLL CALL: PRESENT: Agency Members Davis, Moot, Padilia, Salas, Chair Hogon. ABSENT: Agency Members: None CONSENT CALENDAR 2. RESOLUTION NO. 1650 APPROVING AN AMENDED AND RESTATED OWNER PARTICIPATION AGREEMENT WITH THE GREENWALD COMPANY FOR THE DEVELOPMENT OF 76,885 SQUARE-FOOT BUILDING AT 690 OXFORD STREET WITHIN THE SOUTHWEST REDEVELOPMENT PROJECT AREA On September 22, 1998, the Agency approved an Owner Participation Agreement (OPA) with the Greenwald Company for the development of a 76,885 square-foot building at 690 Oxford Street. The project is complete and is being occupied by the County of San Diego. The developer is in the process of obtaining permanent financing for the project and is proposing to make changes to some of the provisions in the OPA in order to expedite the lending process. The modifications are not substantial and will not affect the purpose and intent of the OPA. ACTION: Chair Horton offered the Consent Calendar, heading read, text waived. The motion carried 5-0. ORAL COMMUNICATIONS There were none. OTHER BUSINESS 3. EXECUTIVE DIRECTOR'S REPORTS There were none. 4. CHAIR'S REPORTS There were none. OTHER BUSINESS (Continued) 5. AGENCY MEMBER COMMENTS There were none. ADJOURNMENT At 8:34 p.m., Chair Horton adjourned the meeting to the Regular Meeting of December 7, 1999, at 4:00 p.m., immediately following the City Council meeting. Respectfully submitted, Susan Bigelow, CMC/AAE, City Clerk Page 2 - RDA Minutes 11/30/99