CRA 86-09-22 MINUTES OF A MEETING OF THE CYPRESS
REDEVELOPMENT AGENCY
HELD
September 22, 1986
Acting Chairman Lacayo called the meeting of the Cypress Redevelopment Agency to order
at 7:46 p.m. on Monday, September 22, 1986, in the Cypress City Council Chambers, 5275
Orange Avenue, Cypress, California, with the following Agency Members in attendance:
PRESENT:Members Coronado, Kanel, Lacayo, Mullen and Partin
ABSENT: None
CONTINUATION OF PUBLIC HEARING RE: SPECIFIC PLAN #86-1 AND FINAL
ENVIRONMENTAL IMPACT REPORT, GENERAL PLAN AMENDMENT #86-1, AND ZONE
CHANGE #86-1, LOS ALAMITOS RACE TRACK AND GOLF COURSE (CYPRESS PLAZA ):
The Cypress Redevelopment Agency and City Council conducted a joint public hearing on the
above matters. The testimony of the joint public hearing is contained in the City Council
minutes of September 22.
CONSIDERATION OF RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY
APPROVING AN OWNER PARTICIPATION AGREEMENT BY AND BETWEEN THE CYPRESS
REDEVELOPMENT AGENCY AND HOLLYWOOD PARK: The City Manager presented a
report dated September 17 which transmitted the Resolution to approve the Owner
Participation Agreement.
It was moved by Member Mullen and seconded by Member Partin to adopt the Resolution by
title only, title as follows:
RESOLUTION NO. CRA - 29
A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY
APPROVING AN OWNER PARTICIPATION AGREEMENT BY AND
BETWEEN THE CYPRESS REDEVELOPMENT AGENCY AND
HOLLYWOOD PARK REALTY ENTERPRISES; DETERMINING THAT
THE CONSTRUCTION OF CERTAIN PUBLIC IMPROVEMENTS IS OF
BENEFIT TO THE CIVIC CENTER REDEVELOPMENT PROJECT AND
THE IMMEDIATE NEIGHBORHOOD IN WHICH THE PROJECT IS
LOCATED; DETERMINING THAT THERE ARE NO OTHER
REASONABLE MEANS OF FINANCING SAID IMPROVEMENTS; AND
AUTHORIZING THE EXECUTION AND DELIVERY OF SAID OWNER
PARTICIPATION AGREEMENT.
The motion carried by the following roll call vote:
AYES: 4 AGENCY MEMBERS: Kanel, Lacayo, Mullen & Partin
NOES: 1 AGENCY MEMBERS: Coronado
ABSENT :0 AGENCY MEMBERS: None
Member Coronado stated for the record that his opposition is based on principle but without
prejudice.
RECESS: Acting Chairman Lacayo recessed the meeting at 11:41 p.m. The Redevelopment
Agency reconvened at 12:29 a.m. with all Members present.
It was moved by Member Mullen and seconded by Member Kanel to approve the minutes of
July 14, 1986. The motion unanimously carried by the following roll can vote:
AYES: 5 AGENCY MEMBERS: Coronado, Kanel, Lacayo, Mullen & Partin
NOES: 0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
Redevelopment Agency Minutes September 22, 1986
ADJOURNMENT:Acting Chairman Lacayo adjourned the meeting at 12:30 a.m.
CHAIRMAN OF THE CYPRESS
REDEVELOPMENT AGENCY
ATTEST:
SECRETARY OF THE CYPRESS REDEVELOPMENT AGENCY
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