HomeMy WebLinkAboutMIN 2003 0305 RDA REGMINUTES OF THE REDEVELOPMENT AGENCY
Moorpark, California March 5, 2003
A Regular Meeting of the Redevelopment Agency of the City of
Moorpark was held on March 5, 2003, in the Community Center of
said City located at 799 Moorpark Avenue, Moorpark, California.
1. CALL TO ORDER:
Chair Hunter called the meeting to order at 7:00 p.m.
2. ROLL CALL:
Present: Agency Members Harper, Mikos, Millhouse,
Parvin, and Chair Hunter.
Staff Present: Steven Kueny, Executive Director; Hugh
Riley, Assistant Executive Director; Julie
C.T. Hernandez, Senior Management Analyst;
and Deborah Traffenstedt, Agency Secretary.
3. PUBLIC COMMENT:
None.
4. PRESENTATION /ACTION /DISCUSSION:
A. Consider Authorizing Supplemental Loan of $350,000
from Redevelopment Agency Tax Increment Funds to Janss
IV Recreation for the Theater on High Street Project.
Continued from February 19, 2003. Staff
Recommendation: Approve a $350,000 loan from
Redevelopment Agency Tax Increment funds to Janss IV
Recreation for the Theater on High Street Project
consistent with the terms specified in the agenda
report; and with loan terms, security agreement and
all other documents subject to final language approval
by the Executive Director and Agency Counsel.
Ms. Hernandez gave the staff report.
In response to Councilmember Mikos, Ms. Hernandez
confirmed that the letter of credit will protect the
City.
Councilmember Harper stated that during these tough
fiscal times, the City and Redevelopment Agency needs
Minutes of the Redevelopment Agency
Moorpark, California Page 2
March 5, 2003
to give support to the Theater on High Street, as it
acts as the lynch pin for all of High Street
revitalization.
Larry Janss, representing the Theatre on High Street,
1408 East Thousand Oaks Boulevard, Thousand Oaks,
stated he was available for questions and thanked the
Agency for their support.
Ms. Traffenstedt read a written statement card from
Janet Murphey, a Moorpark resident, supporting the
proposal.
MOTION: Agency Member Mikos moved and Agency Member
Parvin seconded a motion to approve a $350,000 loan
from Redevelopment Agency Tax Increment funds to Janss
IV Recreation for the Theater on High Street Project
consistent with the terms specified in the agenda
report; and with loan terms, security agreement and
all other documents subject to final language approval
by the Executive Director and Agency Counsel. The
motion carried by unanimous roll call vote.
5. CONSENT CALENDAR:
MOTION: Agency Member Mikos moved and Agency Member
Harper seconded a motion to adopt the Consent Calendar.
The motion carried by unanimous roll call vote.
A. Consider Approval of Minutes of Regular Meeting of
Julv 17, 2002.
Consider Approval of Minutes of Regular Meeting of
February 19, 2003.
Staff Recommendation: Approve minutes.
B. Consider Mid -Year Amendments to 2002/2003 Fiscal Year
Budget. Staff Recommendation: Adopt Resolution 2003-
111 amending the FY 2002/2003 budget.
C. Consider Declaring Construction Project at 284 Charles
Street Complete, Authorizing Recordation of Notice of
Completion, and Releasing Retention Funds to
Contractor. Staff Recommendation: 1) Declare
construction of replacement house at 284 Charles
Street complete; 2) Authorize Agency Secretary to
Minutes of the Redevelopment Agency
Moorpark, California Paqe 2 March 5, 2003
record Notice of Completion; and 3) Authorize release
of retention funds in the sum of $19,718.71 to Century
Construction, Inc., effective 30 -days after
recordation of Notice of Completion.
6. CLOSED SESSION:
None was held.
7. ADJOURNMENT:
MOTION. Agency Member Harper moved and Agency Member Mikos
seconded a motion to adjourn �.t-lie eeting of the Moorpark
Redevelopment Agency. The m ion car ied by unani ous voice
vote. The time was 7:05 p.m .7
I
I
i
atrick Hu ter, Chair
ATTEST:
PMEIV).
Deborah S. Traffenste
Agency Secretary ESTABLISHED
* MARCH 18, 1987
OF