Loading...
M-9/4/1984 (8) . . . CITY OF SANTA MONICA REDEVELOPMENT AGENCY MINUTES SEPTEMBER 4, 1984 At 7; 43 P. M., Chairperson Edwards call ed to ord er a spec 1 al meetIng of the Redevelopment Agency In JOInt session WI th the CIty CouncIl. Roll Call; Present: ChaIrperson Ken Edwards ChaIrperson Pro Tempore Dolores M. Press Agency Member DavId G. EpsteIn Agency Member WIllIam H. JennIngs Agency Member ChristIne E. Reed Agency Member DennIS Zane Executive Director John Jallll Agency Attorney Robert M. Myers Agency Secretary Ann M. Shore Absent: Agency Member James P. Co~n 11-A: LOW AND MODERATE INCOME HOUSING TRUST FUND/DOWNTOWN REDEVELOPMENT PROJECT/OCEAN PARK REDEVELOPMENT PROJECT: Presented was a staff report recommendIng adoptIon of resolutions allocatIng funds to the Downtown Redevelopment ProJect Low and Moderate Income Housing Trust Fund, establIshing and allocatIng funds to the Ocean Park Redevelopment ProJect 1 (a) and 1 (b) Low and Moderate Income HOUSIng Trust Funds; and to approve a grant deed contract for fund ing the CommunIty CorporatIon 0 f Santa Monica. Discussion was held. Asency Member EpsteIn moved to adopt ResolutIon No. 388 (RAS) entItled: If A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA MONICA ALLOCATING $1,000,000 INTO THE DOWNTOWN REDEVELOPMENT PROJECT LOW AND MODERATE INCOME HOUSING TRUST FUND TO PROVIDE FINANCING FOR THE CITY-WIDE HOUSING ACQUISITION AND REHABILITATION PROGRAM AND SENIOR CONGREGATE HOUSING PROJECT AND FINDING THE PROVISION OF SUCH HOUSING TO BE OF BENEFIT TO THE DOWNTOWN REDEVELOPMENT PROJECT," readIng by tItle only and wa~v~ng further readIng thereof. Second by Chairperson Edwards. The motIon was approved by the follOWIng vote: Agency Vote: UnanImously approved 6-0 Absent: Agency Member Conn Agency Member Zane moved to adopt Resolution No. 389(RAS) entItled: If A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA MONICA ESTABLISHING THE OCEAN PARK REDEVELOPMENT PROJECT 1 (a) LOW AND MODERATE INCOME HOUSING TRUST FUND AND ALLOCATING $104,490 INTO THE OCEAN PARK REDEVELOPMENT PROJECT l(a) LOW AND MODERATE INCOME HOUSING TRUST FUND TO PROVIDE FINANCING FOR THE CITY WIDE HOUSING ACQUISITION AND REHABILITATION PROGRAM AND FINDING THE PROVISION OF SUCH HOUSING TO BE OF BENEFIT TO THE 1 September 4, 1984 . . . OCEAN PARK REDEVELOPMENT PROJECT l(a)," readIng by tItle only and waiving further readIng thereof. Second by Agency Member EpsteIn. The motIon was approved by the folloWI~g vote: Agency Vote: Unanimously approved 6-0 Abse~t: Agency Member Conn A6ency Member Epstein moved to adopt ResolutIon No. 390 (RAS) entitled: "A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA MONICA ESTABLISHING THE OCEAN PARK REDEVELOPMENT PROJECT 1 (b) LOW AND MODERATE INCOME HOUSING TRUST FUND AND ALLOCATING $282,510 INTO THE OCEAN PARK REDEVELOPMENT PROJECT l(b) LOW AND MODERATE INCOME HOUSING TRUST FUND TO PROVIDE FINANCING FOR THE CITY WIDE HOUSING ACQUISITION AND REHABILITATION PROGRAM AND FINDING THE PROVISION OF SUCH HOUSING TO BE OF BENEFIT TO THE OCEAN PARK REDEVELOPMENT PROJECT(b)," reading by title only and waIvi~g further reading thereof. Second by Chairperson Pro Tempore Press. The motIon was approved by the follOWIng vote: Agency Vote: Unanimously approved 6-0 Absent: Agency Member Conn A~ency Member Zane moved to approve an agreement by and between the Redevelopment Agency of the CI ty of Santa MonIca and the Community CorporatIon of Santa Monica, includIng both core funding and "Earnest Money" funds, a~d authorIZing the ExecutIve DIrector to execute the agreement. Second by ChaIrperso~ Edwards. The motion was approved by the following vote: Agency Vote: AffIrmatIve: Agency Members Jennings, Press, Reed, Zane and ChaIrperson Edwards AbstaIn: Agency Member EpsteIn Absent: Agency Member Conn Agency Member Epstein moved to approve the use of funds for "Earnest Money" depOSIts, predevelopment loans, and deferred loans through the CItyWide HOUSIng AcquiSition and RehabilItatIon Program, as descrIbed In the staff report dated August 28, 1984, on the subJ ect. Second by Cha Irperson Pro Tempore Pr ess. The motIon was approved by the follOWIng vote: Agency Vote: Unanimously approved 6-0 Absent: Agency Member Conn A~ency Member Zane moved to approve the reapproprIation of $157,500 remaIning In the FIscal Year 1983-84 CItYWIde HOUSIng Trust Fund, from the Redevelopment Project Fund balance Downtown to the FI seal Year 1984 -85 C I tywid e Hous Ing Trust Fund In the Capital Improvement Budget as Account 16-720-264-000-942, as described In the staff report aforementIoned. Second by Agency Member EpsteIn. The motIon was approved by the follOWIng vote: 2 September 4, 1984 . . . Agency Vote: UnanImously approved 6-0 Absent: Agency Member Conn Ae;ency Member Epstein moved further instruction to staff reaffIrmIng the CounCIl POlICY that appropriate measures be taken to allow all qualIfied competitors to have knowledge of opportunl tl e s und er thIS program and to submIt applIcatIons or proposals to the CI ty. Second by Agency Member Edwards. The motIon was approved by the following vote: Agency Vote: Unanimously approved 6-0 Absent: Agency Member Conn Councllmember Epst eln moved to adopt Resolut ion No. 6906 (CCS) entItled: "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA APPROVING THE USE OF FUNDS IN THE DOWNTOWN REDEVELOPMENT PROJECT LOW AND MODERATE INCOME HOUSING TRUST FUND WILL BE OF BENEFIT TO THE DOWNTOWN REDEVELOPMENT PROJECT," reading by tItle only and waIVIng further readIng thereof. Second by Councilmember Zane. The motion was approved by the folloWIng vote: Council Vote: Unanimously approved 6-0 Absent: Councllmember Conn Councilmember Zane moved to adopt ResolutIon No. 6g07(CCS) entItled: "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA APPROVING THE PROVISION OF LOW AND MODERATE INCOME REPLACEMENT HOUSING AND FINDING THAT SUCH EXPENDITURE WILL BE OF BENEFIT TO THE OCEAN PARK REDEVELOPMENT PROJECT 1(a)," readIng by tItle only and waIVIng further reading thereof. Second by Councllmember EpsteIn. The motion was approved by the following vote: CounCIl Vote: UnanImously approved 6-0 Absent: Councllmember Conn Mayor Pro Tempor e Press moved to adopt ResolutIon No. 6908 (CCS) entItled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA APPROVING THE PROVISION OF LOW AND MODERATE INCOME REPLACEMENT HOUSING AND FINDING THAT SUCH EXPENDITURE WILL BE OF BENEFIT TO THE OCEAN PARK REDEVELOPMENT PROJECT 1(b)," readIng by tItle only and waIVIng further reading thereof. Seco~d by Councllmember EpsteIn. The motIon was approved by the fOllOWIng vote: CounCIl Vote: UnanImously approved 6-0 Absent: Councllmember Conn Councllmember EpsteIn moved a further instructIon to staff reaffIrmIng the Council POlICY that appropriate measures be taken 3 September 4, 1984 . . . to allow all qualIfIed competItors to have knowledge of opportuni ties under thIS program and to submI t applIcatIons or proposals to the City. Second by CouncIlmember Reed. The motIon was approved by the followIng vote: CouncIl Vote: Unanimously approved 6-0 Absent: CouncIlmember Conn ADJOURNMENT OF REDEVELOPMENT Agency Member Zane moved to meeting. Second by Agency approved by unanImous vote. ATTEST: An'1 M. Shore Secretary AGENCY MEETING: At 7:55 P.M., adjourn the Redevelopment Agency Member EpsteIn. The motIon was APPROVED: Ken Edwards Chairperson 4 September 4, 1984