M-11/20/1978 (2)
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l>1I'lUTES OF THE
REDEVELOPME'lT AGENCY AND CITY COUNCIL
OF THE
CITY OF S~~TA MO'lICA, CALIFORNIA
November 20, 1978
3:00
The Redevelopment Agency and the City Council of the City of Santa
Honica met in special Joint sess~on ~n the City Hall Council Chambers
on Monday, November 20, 1978. The meet~ng was called to order at
3:05 p.m. by Chairman Pro Tem Seymour Cohen and roll was called:
PRESENT:
ME~BERS: Seymour A. Cohen, Chairman Pro Tern
John Bambrick
Christine E. Reed
Perry Scott
'lath~nlel Trlves
Pleter van den Steenhoven
ABSE~T:
~EMBERS: Donna O'Brien Swink, Chairman
ALSO PRESENT:
David P. Dolter, Executive Director
Rlchard L. Knlckerbocker, City Attorney
Nancy McFarland, Secretary, Environmental Services
PROJECT ACTIONS AND REPORTS
2Al
Downtown Redevelofment Project
Approval of Low B~d for Construction of Public Parkins Garages
No. 7 and No. 8
465
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I
roml
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Stan Scholl, Dlrector of General Servlces, provided a recap of the :Approval of LOI, Bld
bidd~ng and responded to quest~ons from Agency members. After discusslon,for Constructlon of
~lr. Tri ves moved to approve the a"a rd of contract for the cons tructlon ;Pubhc Parking Garages
of the Publlc Parklng Garages Xo. 7 and No.8 to the lowest bidder, iNo. 7 and No.8
Ernest W. Hahn, Inc., in the amount of $7,548,000, accepting Alternatives
1, 2, 3, and 5; and award of contract for off-site Items I-A and l-B to
Ernest W. Hahn, Inc. in the amount of $39,265.00, as recommended by
staff. ThlS motlon ,.;as seconded by ,lrs. Reed and the vote by roll call
Has as follows:
AYES:
NOES:
ABSENT:
Bambrick, Reed, Trlves, van den Steenhoven, Cohen
Scott
S,.nnk
2A2 DOHntown Redevelopment ProJect
Approval of Resolution Awarding $14,470,000 Bonds of Redevelopment
Agency to the Best B~dder
New coples of the next three resolutlon were distributed to Agency!
Courrcll members. John Jalili, D~rector of Environmental Services,
announced the 10"1 bld for the bonds was a net interest rate of 6.6782%
submitted by Bank of Amer~ca. Unlted California Bank submitted a net
lnterest rate of 6.855373%. Terrance Comerford, bond consultant with
Blyth Eastman Dillon, provlded background on this item and recommended
acceptance of the Bank of America b~d. A motion was then made by ~r.
Tr~ves to adopt a resolution awarding $14,470,000 in Redevelopment
Agency bonds to Bank of America. Mr. van den Steenhoven seconded this
motion and Agency members voted in favor as follows:
AYES:
NOES:
ABSE1\'T'
Bambrick, Reed, Trlves, van den Steenhoven, Cohen
S co t t
S,vink
1
I
!Approval of ResolutIOn
IAwarding $14,470,000
iBonds of Redevelopment
[Agency to the Best
iB~dder .
460
Approval of ResolutlOn
Flxing .~unt of Base
Rental Payable by the
City Under Lease
Agreement Dated
December 1, 1978.
2.113 Downtown Redevelopment Project
AEproval of Resolution Flxing Amount of Base Rental Payable by the
Clty Under Lease Agreement Dated December 1, 1978
Mr. Comerford came fon.;ard agaln to explaln thlS ltem. Mrs. Reed moved
that the Redevelopment Agency adopt the resolutlon fixing the amount of
the base rental payable by the Clty under the Lease Agreement dated
December 1, 1978 at $1,189,705. A second to thlS motion was glven by
Mr. Bambrick and members approved the motlon by roll call vote as follows:
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AYES:
NOES:
ABSE'lT
Bambrlck, Reed, Trives, van den Steenhoven, Cohen
S co t t
Swink
2.114
Downtown Redevelopment Project
Approval of Resolutlon Approvlng the Amount of Base Rental Payable
by the City Under Lease Agreement Dated December 1, 1978
Approval of ReSOlutlonl
Approving the ,~unt
of Base Rental Payable I
bv the Clty Under Lease ThlS 1 tern lias for Cltv Counnl action and Mr. van den Steenhoven moved
Agreelll:mt Dated I that the Clty Counol' adopt Resolution No. 5l39(CCS) entitled' "A
December 1,1978. Resolutlon of the Clty Councll of the City of Santa '\lonlca, Californla,
Approvlng the Amount of Base Rental Payable By Said Clty under the Lease
Agreement Dated as of December 1, 1978 By and Between Said Clty and the
Redevelopment Agency of the Clty of Santa Monica", awarding Contract No.
3l38(CCS). A second to thlS motion was given by Mr. Trives and Council-
members approved the motlon by roll call vote as follows:
AYES:
:-';OES:
ABSENT:
Bambrick, Reed, Trlves, van den Steenhoven, Cohen
Scott
Swink
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There belng no further buslness, a motlon was made by ~r. Trives to
adJourn in memoD' of: Irv Mlller, former S.M.P.D. motor officer; Martha
Sprig, mother of '\Iargaret Horst and lifelong resident of Santa '\Ionlca
(as requested by Mrs. Reed); and John Salacheck, longtime restaurant
owner ln Santa Monica (as requested by Mr. Cohen). Mrs. Reed seconded
this motlon WhlCh was approved unanimously by members present. Chair-
man Pro Tern Cohen adjourned the meeting at 3:30 p.m.
ATTEST:
APPROVED:
[.-:.../~, j./_--L<::L-:.:..........
Jovce Snider
Cl ty' Clerk
~ ..../d-~~
. S~!J,.. Cohen
Mayor Pro Tempore
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