HomeMy WebLinkAboutCVRC Min 2010/02/25MINUTES OF THE SPECIAL MEETING
OF THE CHULA VISTA REDEVELOPMENT CORPORATION (CVRC)
February 25, 2010 4:00 P.M.
The Special Meeting of the Chula Vista Redevelopment Corporation was called to order at 4:0]
p.m. in the Council Chambers, located in City Hall, 276 Fourth Avenue, Chula Vista, California
CVRC ROLL CALL
PRESENT: Directors Munoz, Paul, Reyes, Salas and Chair Lewis
ABSENT: Director Desrochers and Flores
ALSO PRESENT: Deputy City Manager/Development Services Director Halbert,
Redevelopment Manager Crockett, General Council Shirey, Real Property
Manager Ryals, Senior Administrative Secretazy Laughlin
PLEDGE OF ALLEGIANCE, MOMENT OF SILENCE
CONSENT CALENDAR
APPROVAL OF MINUTES
Staff Recommendation: Approve the minutes of the Regular Meeting of February 11, 2010
ACTION:
There had been two corrections to the minutes since the drafr had been distributed. Both
corrections were read to the Board.
Director Salas moved to approve minutes and Director Munoz seconded the motion.
Vote was 3-0-2-1 Chair Lewis and Director Reyes abstained and Director Flores absent.
PUBLIC COMMENTS
There were no Public Comments
ACTION ITEMS
2. LOAN REPAYMENT TO THE GENERAL FUND
Redevelopment Manager Crockett advised the Boazd that two items had been put on the
dais. The first was a revised copy of Resolution A changing the appraisal value from $9.3 million
to $9.6 million. The second was a copy of the response letter to Mr. Gregory Moser of Procopio,
Cory, Hargreaves and Savitch regazding the property appraisal, concerns about Proposition "C"
and forgiveness of the Nature Center debt.
Page 1 of 3 CVRC -Minutes -February 25, 2010
Manager Crockett addressed the issues of concern which were: conduction of the appraisal,
Proposition C (eminent domain) that there is no transaction considering any aspect of eminent
domain and the forgiveness of the Chula Vista Nature Center debt.
Manager Crockett presented a slide which showed the azea of the appraisal. He then asked Real
Property Manager Rick Ryals to give a short presentation regarding the appraisal and its process.
The Directors asked questions that were answered by Deputy City Manager/Development
Services Director Halbert, Manager Crockett and Real Property Manager Ryals.
Motion to approve Resolution A was made by Director Reyes and seconded by Director Paul.
Motion passed 5-0-0-2. Directors Desrochers and Flores were absent.
Chair Lewis then recused himself from discussion regazding Resolution B (Chula Vista Nature
Center debt) and Vice-Chair Paul assumed the chair. Manager Crockett spoke briefly regarding
the forgiveness of the debt of the Chula Vista Nature Center that was originally presented in
2002.
Director Salas asked how the forgiveness would affect the annual cash flow and Manager
Crockett explained that it would not affect it, but that it would remove the requirement to budget
that amount of funds from the budget and would free the money for other uses.
Motion to approve Resolution B was made by Director Salas and it was seconded by Director
Munoz. Resolution was approved 4-0-2-1. Chair Lewis abstained; Directors Desrochers and
Flores absent.
4. CHIEF EXECUTIVE OFFICER'S REPORT
Deputy City Manager/Development Services Director Halbert had no report/comment
5. CHAIRMAN'S REPORTS
Chair Lewis commented on the Ad-Hoc committees that had been formed and asked the
Directors to make a report at the end of whatever meeting they felt was appropriate, but
at least quarterly and under the Director's Comments.
6. DIRECTORS' COMMENTS
Director Munoz spoke regarding his committee's meeting on the budget. They had a lot
of questions and found everything satisfactory.
Chair Lewis addressed the Sweetwater Union High School District Ad-Hoc meetings and
reported that they were moving along rapidly. SUHSD seems to be deferring to the
Chula Vista Redevelopment Corporation more often regarding questions to help with the
cash flow analysis.
Page 2 of 3 CV RC -Minutes -February 25, 2010
ADJOURNMENT
At 4:21 p.m., Chair Lewis adjourned the meeting to the Regular Meeting of March 25, 2010 at
4:00 p.m.
Eric Crockett, Secretary
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Page 3 of 3 CVRC -Minutes -February 25, 2010