M-2/11/1975 (3)
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RAA-318
MINUTES OF THE
REDEVELOPMENT AGENCY
OF THE
CITY OF SANTA MONICA, CALIFORNIA
February 11,1975
4:00 p.m.
The Redevelopment Agency of the City of Santa Monica, California, met in
special session in the City Council Chamber on February 11, 1975 at
4: 00 p.m.
PRESENT:
MEMBERS: Clo Hoover, Chairman
Fred M. Judson
John W. McCloskey
Donna O. Swink
Nathaniel Trives
Pieter van den Steenhoven
ABSENT:
MEMBERS: Hilliard L. Lawson
ALSO PRESENT:
Ed Moosbrugger, Evening Outlook Reporter
Eugene B. Jacobs, General Counsel
Murray O. Kane, Associate Counsel
James~. Williams, Executive Director
John Jalili, Community Development Director
Rosario Perry, Deputy City Attorney
Mr. and Mrs. Robert Getz, Developer, HFH
Lyn Kuhl, Secretary
APPROVAL OF MINUTES:
Mr. Trives moved, seconded by Mr. Judson, that the minutes of January 28,
1975 be "approved as mailed. The motion carried with a unanimous voice
vote.
PROJECT ACTIONS AND REPORTS:
Ocean Park Project:
At the request of the Executive Director, Mrs. Swink moved, seconded by
Mr. Trives, that the Agency adjourn to Executive Session to discuss settle-
ment with HFH, Ltd. concerning the Ocean Park Redevelopment Project. The
motion carried with a unanimous voice vote. The meeting adjourned at 4:05 p.m.
The meeting reconvened at 4:45 p.m.
The Executive Director reported that an agreement had been reached with HFH,
Ltd. and that a settlement would be paid to HFH for their complete with-
drawal from the Ocean Park Project. He then asked for the Agency's approval
of Exhibit "l" of the agreement. Mr. Trives moved, seconded by Mrs. Swink,
for authorization of the document. The motion carried with the following
ro 11 ca 11 vote:
AYES:
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Tr I yes ~ 'U!L'.'-L- ~-rv -
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(a,...",.,ccW'd ,---~, ::> "!-/
MEMBERS:
Hoover, Judson, McCloskey, SWink,
NOES:
MEMBERS:
None
ABSENT:
MEMBERS: Lawson
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Minutes
~~wntown project:
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February II, 1975
Mr. van den Steenhoven moved, seconded by Mr. Trives to accept the contract
for bond financing services with Blyth Eastman Dillon & Co. Inc. Chairman
Hoover opened the matter for discussion, after whIch the motion carried
with the following roll call vote:
AYES:
MEMBERS:
NOES:
,1 fliinliM"!-""
Hoover, Judson, McCloskey, Swink, Tnves 'f/[ovO'M,_,(t>-
(~rkt e-<f~/,;;d75".>>tJ)
ABSENT:
MEI1BERS:
MEMBERS: None
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There being no further business, the Chairman asked for a motion to adjourn.
It was so moved by Mrs. Swink, seconded by Mr van den Steenhoven. The
motion carried with a unanimous voice vote. The meeting adjourned at 4:50 p.m.