HomeMy Public PortalAboutMinutes - 1973/03/06 - Regular1
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COMMUNITY REDEVELOPMENT AGENCY
MINUTES
MARCH 6, 1973
COUNCIL CHAMBERS OF CITY HALL
INITIATION:
1. CALL TO ORDER:
Chairman Briggs called the meeting of the Community Redevelopment
Agency to order at 8:35 p.m., on Tuesday, March 6, 1973, in the
Council Chambers of the City Hall.
2. ROLL CALL:
Present: Members - Dennis, Gilbertson, Merritt, Tyrell, Briggs
Absent: Members - None
Also Present: CRA Director Koski, CRA Assistant Director Dragicevich,
City Attorney Martin
APPROVAL OF MINUTES:
On motion of Councilman Tyrell, seconded by Councilman Merritt,
and unanimously carried, the minutes of the regular meeting of
December 19, 1972, were approved as mailed.
:OLD BUSINESS: None.
NEW BUSINESS:
4. SUB AREA "B" - ROSEMEAD BOULEVARD REDEVELOPMENT PROJECT:
Request for Additional Funds
Executive Director Koski presented the following items for
consideration by the Agency, for which it was necessary to request
additional funds from the City Council:
A. Letter from Special Council, dated March 6, 1973,
advising that based on review and analysis of proposal
for development of Sub -area "B ", there was a reasonable
basis for proceeding with disposition and development
agreement in final form, at estimated cost of $5,000.
The letter also included outline schedule of performance,
including negotiation, acquisition of properties, advertising,
bidding and delivery of bonds.
B. Proposals from appraisal firms to provide Preliminary
Valuation Survey of land and improvements in Sub-area "B"
estimated that service would run approximately $1,000.,._
C. Cost for securing Title Reports for all properties involved
in Sub -area "B" are estimated to be $2,000.
It was moved by Mr. Tyre]] to: 1) receive and approve Special Counsel
letter of March 6, 1973, and to request the City Council to-approve
an amount of $5,000. to meet cost of preparation of final form of
disposition and development agreement; 2) to approve the amount of
$1,000 to secure preliminary valuation survey; and 3) io,approve
the amount of $2,000 to secure preliminary title reports for all
properties involved in Sub -area "B ", and 4) to amend the adopted
budget accordingly. The motion was seconded by Mr....Gilbertson
and carried unanimously.
. ADJOURNMENT: At 8:42 p.m., on motion of Mr. Tyrell, seconded by
Mr. Gilbertson, and unanimously carried, the meeting was adjourned.