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HomeMy WebLinkAboutMIN 1996 1106 RDA REGMINUTES OF THE REDEVELOPMENT AGENCY Moorpark, California November 6, 1996 A Regular Meeting of the Redevelopment Agency of the City of Moorpark was held on November 6, 1996, in the Council Chambers of said City located at 799 Moorpark Avenue, Moorpark, California. 1. CALL TO ORDER: Chairman Lawrason called the meeting to order at 7 :54 p.m. 2. ROLL CALL: Present: Agency Members Brown, Hunter, Perez, Wozniak and Chairman Lawrason Staff Present: Steven Kueny, Executive Director; Richard Hare, Agency Treasurer; Cheryl Kane, Agency Counsel; Lillian Hare, Agency Secretary 4. CONSENT CALENDAR: MOTION: Agency Member Brown moved and Agency Member Wozniak seconded a motion to approve the Consent Calendar. The motion carried by unanimous roll call vote. A. Consider Approval of Minutes of the Regular Meeting of the Moorpark Redevelopment Agency of October 16, 1996. Staff Recommendation: Approve the minutes as processed. B. Consider Approval of Warrant Register. Regular Warrants 510 -512 $15,947.73 Staff Recommendation: Approve the Warrant Register. 5. PRESENTATIONS /ACTION /DISCUSSION: A. Consider Resolution No. 96 -46 Approving a Budget Amendment for Funding for Sidewalk Improvements on the Northeast Corner of Walnut and Charles Streets. Staff Recommendation: The Economic Development and Affordable Housing Committee and staff recommend that the Moorpark Redevelopment Agency adopt Resolution No. 96 -46 approving a budget amendment for the Moorpark Redevelopment Agency Area 1 Capital Project Fund (Fund 410) in the amount of $3,000. (ROLL CALL VOTE REQUIRED) Mr. Hayes gave the staff report. Minutes of the Redevelopment Agency Moorpark, California Page 2 November 6, 1996 MOTION: Agency Member Brown moved and Agency Member Wozniak seconded a motion to adopt Resolution No. 96 -46 V approving a budget amendment for the Moorpark Redevelopment Agency Area 1 Capital Project Fund (Fund 410) in the amount of $3,000.00. The motion carried by unanimous roll call vote. B. Review and Consider Existing and New Housing Programs. Staff Recommendation: The Economic Development /Affordable Housing Committee and staff recommend that the Agency approve the following: 1) That the cost of escrow fees for the individual project be borne by the borrower and added to the loan for the housing rehabilitation project; 2) That the Agency authorize staff to proceed with the development of 203(k) programs with a revolving fund amount of $50,000 from 20% tax increment set aside funds for individual loans not to exceed $7,000 interest free for this program, that the Agency adopt Resolution No. 96 -47 appropriating the funds, and that the Executive Director be authorized to execute all documents necessary for this program; 3) That an additional $2,700 be allocated from 20% tax increment set aside funds to Account #232.504.5005.000.9402 for repairs on 661 Moorpark Avenue and that the Agency adopt *Mod Resolution No. 96 -47 appropriating the funds. (ROLL CALL VOTE REQUIRED) Mr. Hayes gave the staff report. MOTION: Chairman Lawrason moved and Agency Member Brown seconded a motion that the cost of escrow fees for the individual project be borne by the borrower and added to the loan for the Housing Rehabilitation Project; that the Agency authorize staff to proceed with the Development of a 203(k) Program for the revolving fund amount of $50,000 from 20% tax increment set aside funds for individual loans not to exceed $7,000 interest free for this program, that the Agency adopt Resolution No. 96 -47 appropriating the funds, and that the Executive Director be authorized to execute all documents necessary for this program; that an additional $2,700 be allocated from 20% tax increment set aside funds to account #232.504.5005.000.9402 for repairs on 661 Moorpark Avenue and that the Agency appropriate the funds. The motion carried by unanimous roll call vote. C. Consider Resolution No. 96 -48 Appropriating Funds for the Use of Tax Increment Revenues for Business %woo Incentives. Staff Recommendation: The Economic Development /Affordable Housing Committee and staff Minutes of the Redevelopment Agency Moorpark, California Page 3 November 6, 1996 recommend that the MRA adopt Resolution No. 96 -48 appropriating funds in the amount of $250,000 from ..� private sector bond proceeds for business incentives with the following conditions: 1) That there be no grants, 2) That this program be for businesses in the Redevelopment Project Area, 3) That maximum amount and terms be approved on a case -by -case basis, and 4) That new incentive programs be considered after the downtown study is completed. (ROLL CALL VOTE REQUIRED) Mr. Hayes gave the staff report. MOTION: Agency Member Brown moved and Agency Member Wozniak seconded a motion to adopt Resolution No. 96 -48 appropriating funds in the amount of $250,000 from private sector 'bond proceeds for business incentives with the following conditions: 1) That there be no grants, 2) That this program be for properties and existing businesses in the Redevelopment Project Area, 3) That maximum amount and terms be approved on a case -by -case basis, and 4) That new incentive programs be considered after the downtown study is completed. The motion carried by unanimous roll call vote. D. Consider Monument Sign for High Street. The Economic Development Committee and staff recommend that the Moorpark Redevelopment Agency adopt Resolution No. 96- approving a budget amendment for the Moorpark Redevelopment Agency Area 1 Capital Project Fund (Fund 410) in the amount of $30,000, and authorized staff to proceed with the placement of the sign as noted in the staff report. (ROLL CALL VOTE REQUIRED) Mr. Hayes gave the staff report. Agency Member Wozniak expressed concern regarding the location and cost of the sign. MOTION: Agency Member Brown moved and Agency Member Wozniak seconded a motion to continue this item and refer it back to the Economic Development /Affordable Housing Committee. The motion carried by unanimous voice vote. CONSENSUS: By consensus the Council determined to look at other sites such as across the street on the northwest corner of High Street and Spring Road and to also consider putting an identical sign at the opposite end of High Street. E. Consider Directional Sign for High Street. Staff Recommendation: The Economic Development /Affordable Minutes of the Redevelopment Agency Moorpark, California Page 4 November 6, 1996 Housing Committee and staff recommend that the Moorpark Redevelopment Agency adopt Resolution No. 96 -49 .� approving a budget amendment for the Moorpark Redevelopment Agency Area 1 Capital Project Fund (fund 410) in the amount of $1,000 for directional signs for High Street and authorize staff to proceed with the project. (ROLL CALL VOTE REQUIRED) Mr. Hayes gave the staff report. Mr. Kueny indicated that the Exhibit A attached to the draft Resolution would need to be changed to reflect that the balance should be increased by $30,000 due to the appropriation action not taken on item 5.D. MOTION: Agency Member Perez moved and Agency Member Brown seconded a motion to adopt Resolution No. 96 -49 approving a budget amendment for the Moorpark Redevelopment Agency Area 1 Capital Project Fund (Fund 410) in the amount of $1,000 for directional signs for High Street and authorize staff to proceed with the project. The motion carried by unanimous roll call vote. 6. ADJOURNMENT: MOTION: Agency Member Brown moved and Agency Member Hunter seconded a motion to adjourn. The motion carried by unanimous voice vote. The time was 8:22 p.m. ATTEST: Lillian re, Agency Secretar FCT' cp •� lT