M-8/29/1967 (3)
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REDEVELOPMENT AGENCY
OF THE
CITY OF SANTA MONICA, CALIFORNIA
August 29, 1967
4:00 P.M.
The Redevelopment Agency of the City of Santa Monica, California, met in
adjourned regular session in the City Council Chambers on August 29, 1967.
at 4:00 P.M.
The Secretary reported that the Notice of Adjournment was posted on
the Council Chamber door on August 8 and on August 22, and that the af-
fidavit of posting was on file in the offices of the Redevelopment Agency.
PRESENT:
MEMBERS: J. Lee Schimmer, Jr., Chairman
B. Thomas Barnard, entered at 4:25 P.M.
C Ii fford Conne Ily
James M. O'Brien
Mortimer T. Richey
Philip E. Whiting
ABSENT:
MEMBERS: l. Wayne Harding
ALSO PRESENT:
Robert Hoffman, Project Manager, Santa Monica Shores
Eugene B. Jacobs, General Counsel
Weldon Fulton, Architect
John Gray, Financial Consultant
Gerard Shuinman, Engineering Consultant, entered
at 4:20 P.M,
Les Storrs, Director of Planning, entered at 4:30 P.M.
Rick Weiner, Evening Outlook Reporter, entered at
4:06 P.M.
Grace Thomas, Executive Director-Secretary
May palfrey. Stenographer
APPROVAL OF MINUTES:
The minutes of August I, 1967 were approved as mailed.
The Chairman introduced Mr. Philip E. Whiting to the Members and con-
gratulated him on his appointment to the Redevelopment Agency Board.
APPROVAL OF BilLS:
The Secretary reviewed the bills as follows:
John Gray _ Financial Consulting
Services for July, 1967
Administrative. .
Total
. . . . . $340.00
TOTAL BillS. .
. , ~,340. 00
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Mr. O'Brien moved, seconded by Mr, Connelly, that the bills be paid
as submitted, in the amount of $340.00. The motion carried with the follow-
ing roll call vote:
AYES:
NOES:
ABSENT:
MEMBERS:
MEMBERS:
MEMBERS:
Schimmer, Connelly, OIBrlen, Richey, Whiting
None
Barnard, Harding
Mr. Weiner entered at 4:06 P.M.
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Minutes - 8/2~/67
Page Two
REPORT OF SECRETARV:
Project I(a):
Financial Report on Tax Allocation Bonds
The Secretary presented to the Members the annual financial report
on the Tax Allocation Bonds as of June 30, 1967, prepared by the Harry L.
Nourse Audit Company.
Project I(b):
Owrer Participant - General Telephone Company
The Secretary Informed the Members that the General Telephone Company
had started the remodeling of the interior of their building and would later
proceed with the exterior of the building, as required by the Owner Partici-
pation Agreement with the Redevelopment Agency. She then introduced to the
Members Mr. Weldon Fulton, architect for the General Telephone Company.
Mr. Fulton addressed the Members and explained the extent of the
remodeling to be done, which will consist of the installation of air
conditioning throughout the building, painting. adding fixtures and
eliminating all windows on three sides of the building. The Chairman
thanked Mr. Fulton for appearing before the Members.
Mr. Fulton left the meeting at 4:12 P.M.
NEW BUSINESS:
Resolution No. 256 (R.A.S.)
The Chairman read the title to Resolution No. 256 (R.A.S.) and moved,
seconded by Mr. OlBrien, that Resolution No. 256 (R.A.S.), l~ RESOLUTION
Of THE REDEVELOPMENT AGENCV OF THE CITV OF SANTA MONICA, CALIFORNIA, EX~
PRESSING GRATITUDE AND APPRECIATION TO THE HONORABLE- JAMES LEWIS ROGERS
FOR HIS SERVICE AND OEVOTION TO THE OCEAN PARK REDEVELOPMENT PROGRAM", be
adopted and that further reading be waived. The motion carried with a
unanimous voice vote.
NAHRO 31st Biennial National Conference
The Secretary advised the Members of the National Conference of
NAHRO to be held in Portland, Oregon. October 8 through II, 1967, and
urged the Members to attend this conference. She also informed them of
a meeting of the National Urban Renewal Committee on October 7 and 8,
1967. in Portland, Oregon. Mr. OlBrien moved, seconded by Mr. Richey,
that all Agency Members and one staff member be authorized to attend
the National Conference of NAHRO In Portland. Oregon, from October 8
through II, 1967. The motion carried with the following roll call vote:
AYES:
NOES:
ABSENT:
Schimmer. Connelly, OlBrien, Richey, Whiting
None
Barnard. Harding
MEMBERS:
MEMBERS:
MEMBERS:
The Chairman invited Mr. Robert Hoffman, Project Manager for Santa
Monica Shores, to give a brief report on the rentals of the apartments.
Mr. Hoffman stated that 349 apartments had been rented to date and that
a 70 per cent occupancy was expected by October I, 1967.
Mr. Shulrman entered at 4:20 P.M.
Personnel Session
The meeting was adjourned into a Personnel Session at 4:22 P.M.
and reconvened at 4:30 P.M.
Mr. Barnard entered at 4:25 P.M.
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Minutes - 8/29/67
Page Three
Project I(a):
PUBLIC HEARING - AME~~ED RE~EVEL9PMENT PLAN
The Chairman announced that the Public Hearing on the Amended
Redevelopment plan for Project No. calif. R-31, Ocean Park Project l(a),
was now in session.
Mr. Jacobs, General Counsel, stated that all the required notices for
the Public Hearing had been served in compliance with the law.
The Secretary stated that the main purpose for the amendment to the
Redevelopment Plan was to update the financing of the Project and to change
the use of a strip of land running east and west from Barnard Way to Neilson
Way on the south end of Project l(a) from commercial to residential, to
conform to the Land Disposition Agreement between the Agency and the Rede.
veloper.
Mr. Les Storrs, Director of Planning, addressed the Members, stating
that the Amended Redevelopment Plan was in complete confonmity with the
City's Master Plan and that he was in favor of the proposed changes.
Mr. Gerard Shuinnan, Engineering Consultant, then gave a report on the
project improvements and illustrated the changes in the street patterns
on a map of the project. Hr. John Gray, Financial Consultant, also ad-
dressed the Members, giving them a detailed report on the changes in the
financing section of the Plan. Discussion followed, in which the Members
asked questions of Mr. Shuirman, Hr. Gray and Mr. Storrs.
Mr. Storrs left the meeting at 5:30 P.M.
Mr. Hoffman stated that he had been authorized by Kern County Land
Company to give the Redeveloper's consent to the Amended Redevelopment
Plan.
The Secretary submitted Resolution No. 257 (R.A.S.) to the Members
and recommended its adoption. Mr. Barnard requested that a statement of
computations relating to the financing of the Project be prepared and sub-
mitted to the Members. The Secre@ry agreed to have it ready at the next
regular meeting. Mr. O'Brien moved, seconded by Mr. Richey, that Resolu-
tion No. 257 (R.A.S.), '~ RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITV Of SANTA MONICA, CALIFORNIA, APPROVING THE AMENDED REDEVELOPMENT
PlAN FOR, PROJECT NO. CALIF. R-37 (OCEAN PARK PROJE~T NO. I (an", be
adopted and that further reading be waived. The motion carried with
the following roll call vote:
AYES:
NOES:
ABSENT:
MEMBERS:
MEMBERS:
MEMBERS:
Schimmer, Barnard, Connelly, O'Brien, Richey, Whiting
None
Harding
There being no further business to be brought before the Members,
Mr. Richey moved, seconded by Mr. Connelly, that the meeting be adjourned.
The motion carried with a unanimous voice vote.
The meeting adjourned at 5:42 P.M.
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Grace Thomas
Secretary
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