HomeMy WebLinkAboutAG RPTS 1996 1106 RDA SPC NOTICE AND CALL OF A
SPECIAL MEETING OF THE REDEVELOPMENT AGENCY
OF THE CITY OF MOORPARK
TO THE MEMBERS OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK:
NOTICE IS HEREBY GIVEN that a Special Meeting of the Redevelopment Agency of
the City of Moorpark is hereby called to be held on WEDNESDAY, November 6, 1996,
commencing at 6:50 p.m. Said meeting will convene in the Community Center located
at 799 Moorpark Avenue, Moorpark, California.
Said Special Meeting shall be for the purpose of considering the following:
1. CALL TO ORDER:
2. ROLL CALL:
3. PRESENTATIONS/ACTION/DISCUSSION:
A. Consider Request from Mission Bell Partners for Moorpark Redevelopment
Agency Consent to Assignment of Lease from Cine/Max Cinemas, Inc. To
Regal Cinemas, Inc., or Termination of Lease With Cine/Max Cinemas, Inc.
And Execution of New Lease Agreement with Regal Cinemas, Inc. . Staff
Recommendation: Authorize the Executive Director, subject to final
language approval of Agency's special counsel, to approve and execute all
documents he deems necessary to allow Regal Cinemas, Inc. to operate the
theater consistent with the currently approved amended Disposition and
Development Agreement.
4. ADJOURNMENT:
Dated: November 5, 1996
Lillian E. Hare, City Clerk
Speakers who wish to address the Council concerning a Public Hearing or
Presentations/Discussion/Action item must do so during the Public Hearing or
Presentations/Discussion/Action portion of the Agenda for that item. Speaker cards
must be received by the City Clerk for Presentations/Discussion/Action items prior
to the beginning of the first item of the Presentations/Discussion/Action portion of
the Agenda. Speaker Cards for a Public Hearing must be received prior to the
beginning of the Public Hearing. Speaker cards for a Closed Session item must be
received prior to the beginning of Closed Session. A limitation of three minutes
shall be Imposed upon each Presentations/ Discussion/Action item speaker. Copies of
each item of business on the agenda are on file in the office of the City Clerk and
are available for public review. Any questions concerning any agenda item may be
directed to the City Clerk/529-6864.
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss
CITY OF MOORPARK
AFFIDAVIT OF POSTING
SPECIAL MEETING NOTICE
I, Dorothy J. Vandaveer, declare as follows :
That I am the duly appointed Deputy City Clerk of the City
of Moorpark; that a SPECIAL MEETING of the Moorpark
Redevelopment Agency of the City of Moorpark was held on
November 6, 1996 in the Council Chambers of the Community
Center at 6: 50 P.M. and that a copy of said Special Meeting
Notice was posted on November 5, 1996, at a conspicuous
place near the door of the room at which said meeting was
held.
I declare under penalty of perjury that the foregoing is
true and correct.
Executed on December 30, 1996 at Moorpark, California.
Dorothy J. an, aveer
Deputy Ci/ Clerk
affsmt.rda
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ITEM 3* R.
MOORPARK REDEVELOPMENT AGENCY
AGENDA ITEM
TO: Chairman and Members of the Moorpark Redevelopment
Agency
FROM: Steven Hayes, Redevelopment Manager
DATE: November 4, 1996 (Special Mtg. 11/06/96)
SUBJECT: Consider Request from Mission Bell Partners for
Moorpark Redevelopment Agency Consent to Assignment
of Lease from Cine /Max Cinemas, Inc. to Regal
Cinemas, Inc., or Termination of Lease With
Cine /Max Cinemas, Inc. and Execution of New Lease
Agreement with Regal Cinemas, Inc.
The Moorpark Redevelopment Agency approved the Disposition and
Development Agreement (DDA) by and between the Moorpark
Redevelopment Agency and Mission Bell Partners for the construction
of Mission Bell Plaza Phase II. At the time the Agency approved
the DDA, Mission Bell Partners had an agreement with San Carlos
Cinema, Inc. for the operation of a multi - screen theater as part of
Mission Bell Plaza Phase II. On or about April 3, 1996, Cine /Max
Cinemas, Inc. was assigned the interest in the operation of the
theater from San Carlos, Inc. Since that time, Mission Bell
Partners has found it necessary to find a new theater operator.
With due diligence, Mr. Neno Spondello, Jr. has proceeded with
necessary contracts and documents to bring Regal Cinemas, Inc. to
the Center as the new theater operator.
The Moorpark Redevelopment Agency has received a request to provide
written consent to one of the following:
1. Assignment of Lease to Regal Cinemas, Inc. from Cine /Max
Cinemas, Inc.; or
2. Approval of termination of the Lease Agreement by and
between Mission Bell Partners and Cine /Max Cinemas, Inc.
and the execution of a new Lease Agreement with Regal
Cinemas, Inc.; or
SPARK. CAL000"
JELOPNENT AMM
i
3. Authorization for the Executive Director to take
necessary action to facilitate the transfer of the Lease
Agreement from Cine /Max Cinemas, Inc. to Regal Cinemas,
Inc. Such action shall include the Agency entering into
an agreement with Mission Bell Partners and /or Regal
Cinemas, Inc., binding Regal Cinemas, Inc. to the
Disposition and Development Agreement, as amended, by and
between the Moorpark Redevelopment Agency and Mission
Bell Partners.
Section 312, Acquisition and Construction Financing, (ii), Page
(16), of the Disposition and Development Agreement as Amended
requires written consent of the Agency for any assignment of
interest of Cine /Max Cinemas, Inc.
It is the intent of Mission Bell Partners to execute a new lease
agreement with Regal Cinemas, Inc. if the lease agreement with
Cine /Max Cinemas, Inc. is terminated.
Staff recommends that the Moorpark Redevelopment Agency authorize
the Executive Director, subject to final language approval of
Agency's special counsel, to approve and execute all documents he
deems necessary to allow Regal Cinemas, Inc. to operate the theater
consistent with the currently approved amended Disposition and
Development Agreement.
C:\ M\ MBPII \SGHMBPII.014- 11 /04 /96- Movember 5, 1996