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HomeMy WebLinkAboutMIN 1999 0721 RDA REGMINUTES OF THE REDEVELOPMENT AGENCY Moorpark, California July 21, 1999 A Regular Meeting of the Redevelopment Agency of the City of Moorpark was held on July 21, 1999 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 6:58 p.m. 2. ROLL CALL: Present: Agency Members Evans, Harper, Rodgers, Wozniak and Chair Hunter Staff Present: Steven Kueny, Executive Director; John Nowak, Agency Treasurer; and Deborah Traffenstedt, Agency Secretary. 3. PUBLIC COMMENT: None. 4. PRESENTATION /ACTION /DISCUSSION: A. Consider Approval of Release Agreement with Mark and Charlene Bailey. Staff Recommendation: Approve the Release Agreement between the Moorpark Redevelopment Agency and Mark and Charlene Bailey, and authorize the Executive Director to execute said Agreement on behalf of the Agency. AT THIS POINT in the meeting, Agency Member Evans left the dais due to a potential conflict of interest based on his friendship with the Bailey's. The time was 6:59 p.m. Mr. Nowak gave the staff report. MOTION: Agency Member Harper moved and Agency Member Wozniak seconded a motion to approve the Release Agreement between the Moorpark Redevelopment Agency and Mark and Charlene Bailey, and authorize the Executive Director to execute said Agreement on behalf of the Agency. The motion carried by voice vote 4 -0, Agency Member Evans absent. AT THIS POINT in the meeting, Agency Member Evans returned to the dais. The time was 7:01 p.m. B. Consider Resolution No. 99 -85 Accepting an Interest Rate on Loans from the City of Moorpark. Staff Recommendation: Approve Resolution No. 99 -85 accepting the interest rate charge and payment schedule for loans received from the City of Moorpark. Minutes of the Redevelopment Agency Moorpark, California Page 2 July 21, 1999 Mr. Nowak gave the staff report. In response to Agency Member Rodgers, Mr. Nowak stated the interest rate would be 8 percent. MOTION: Agency Member Wozniak moved and Agency Member Rodgers seconded a motion to approve Resolution No. 99 -85 accepting the interest rate charge and payment schedule for loans received from the City of Moorpark. The motion carried by unanimous voice vote. C. Consider Loan to the City's Gabbert Road /Casey Road AOC Fund to Provide Full Funding for a Project to Reconstruct the Pavement on the North Side of Casey Road. Staff Recommendation: Adopt Resolution No. 99 -86 amending the FY 1999/00 MRA Budget by providing a loan to the Gabbert Road /Casey Road AOC fund in the amount of $20,000. Mr. Gilbert gave the staff report. In response to Agency Member Harper, Mr. Gilbert stated revenues were projected for the Casey Road Area of Contribution (AOC) fund based on planned development, but a loan was necessary in the meantime. MOTION: Agency Member Wozniak moved and Agency Member Harper seconded a motion to adopt Resolution No. 99 -86 amending the FY 1999/00 MRA Budget by providing a loan to the Gabbert Road /Casey Road AOC fund in the amount of $20,000. The motion carried by unanimous roll call vote. D. Consider Options Related to the Payment of Tax Increment Funds to the Moorpark Unified School District. Staff Recommendation: Direct staff to work with District staff to prepare an amendment to the Agreement for Distribution of Tax Increment Funds. Mr. Nowak gave the staff report. Agency Member Harper stated it was important to keep in mind that the funds would not be lost but transferred from one purpose to another. He indicated support for Option 1. Agency Member Evans stated he was concerned that Option 1 would only occur when an agreement was approved. He suggested Dr. Duffy of the Moorpark Unified School District provide input. Dr. Duffy, Superintendent of the Moorpark Unified School District, urged the Agency to move forward to provide the funds to the District. He indicated the School Board would Minutes of the Redevelopment Agency Moorpark, California Page 3 July 21, 1999 be agreeable if the Agency were able to provide a large portion of the funds at this time, with the pass through money to be used later. Agency Member Evans stated the tennis courts project money owed to the City could be held out of the pass- through funds. Dr. Duffy indicated that would be acceptable. He explained the pass- through money would be utilized to meet the District's portion of the funding obligation for the tennis courts. In response to Chair Hunter, Mr. Nowak stated the current pass through amount to the District is estimated at $108,000. In response to Agency Member Evans, Mr. Nowak explained that the requirement for the sale of the Casey Road site would be deleted from the agreement prior to releasing funds. He stated the amended agreement could be on the next agenda. Chair Hunter stated the amended agreement could be on the August 18 Consent Calendar, but that payment should be authorized prior to formal approval by the Agency. Agency Member Harper stated the only difference between Option 1 and 2 was the loss of some interest income to the Agency. He stated he would prefer Option 1, which would give the District the cash as soon as possible. MOTION: Agency Member Harper moved and Chair Hunter seconded a motion to authorize staff to disburse the total amount of $750,000 to the Moorpark School District and directed staff to place the amended agreement on the next agenda. Chair Hunter stated Option 1 was the most reasonable way to go, considering that the funds would be going to the School District. The motion carried by unanimous voice vote. MOTION: Agency Member Harper moved and Agency Member Evans seconded a motion to appropriate the funds from the Agency reserve. The motion carried by unanimous roll call vote. Mr. Nowak stated the payment would be approved on the August 4 Warrant and payment available on August 5. Minutes of the Redevelopment Agency Moorpark, California Page 4 5. CONSENT CALENDAR: July 21, 1999 MOTION: Agency Member Wozniak moved and Agency Member Harper seconded a motion to approve the Consent Calendar. The motion carried by unanimous roll call vote. A. Consider Approval of Minutes of Regular Moorpark Redevelopment Agency Meeting of February 17, 1999. Consider Approval of Minutes of Regular Moorpark Redevelopment Agency Meeting of March 3, 1999. Consider Approval of Minutes of Regular Moorpark Redevelopment Agency Meeting of March 17, 1999. Consider Approval of Minutes of Adjourned Moorpark Redevelopment Agency Meeting of June 9, 1999. Staff Recommendation: Approve minutes as processed. B. Consider Approval of Warrant Register of July 21, 1999. Fiscal Year 1998/99 Manual Warrants 1013 - 1016 $139,743.77 Staff Recommendation: Approve the Warrant Register. 6. CLOSED SESSION: None was held. 7. ADJOURNMENT: MOTION: Agency Member Harper seconded a motion to adjourn. voice vote. The time w; ATTEST: Deborah S. Traffenstedt Agency Secretary moved and Agency Member Evans The motion carried by unanimous