CRA 2002-01-14MINUTES CFA REGULAR MEETING OF THE
CYPRESS REDEVELOPMENT AGENCY
HELD
January 14, 2002
Agency Chairperson Sondhi called the meeting of the Cypress Redevelopment Agency
to order at 9:18 p.m. in the Council Chambers, 5275 Orange Avenue, Cypress,
California.
PRESENT:
Agency Board Members Keenan, McGill, Piercy, Agency Vice
Chairperson McCoy, Agency Chairperson Sondhi
ABSENT: None
Also present were Executive Director, City Attorney, Deputy Executive Director, Agency
Treasurer, Public Works Director, Chief of Police, Recreation and Community Services
Director, Planning Manager, Assistant to the City Manager, and Agency Secretary.
Agency Board Member Keenan requested Item No. 17 be pulled from the Consent
Calendar.
Agency Board Member McGill requested Item No. 18 be pulled from the Consent
Calendar.
Re.qardinq Item No. 17: APPROVAL OF AMENDMENT NO. 1 TO EXCLUSIVE
NEGOTIATION AGREEMENT BETWEEN THE CYPRESS REDEVELOPMENT
AGENCY AND FIELDSTONE COMMUNITIES, INC., Agency Board Member Keenan
asked if this was an extension of the agreement already in place.
The Deputy Executive Director stated it is an extension of the existing exclusive
negotiation agreement, which was approved by the Agency on October 8, 2001.
It was moved by Agency Board Member Keenan and seconded by Agency Board
Member Piercy, that the Cypress Redevelopment Agency approve Amendment No. 1 to
the Exclusive Negotiation Agreement between the Agency and Fieldstone Communities,
Inc. for the 5.28 acre site located at the northwest corner of Walker Street and Orange
Avenue, and authorize the Agency Chair to execute the Amendment.
The motion was unanimously carried by the following roll call vote:
AYES:
NOES:
ABSENT:
5 AGENCY MEMBERS: Keenan, McGill, Piercy, McCoy and Sondhi
0 AGENCY MEMBERS: None
0 AGENCY MEMBERS: None
Reqardinq Item No. 18: APPROVAL OF CONTRACT SERVICE AGREEMENT
WITH ROSENOW SPEVACEK GROUP, INC. (RSG) FOR THE PREPARATION OF A
COMPREHENSIVE AFFORDABLE HOUSING STRATEGy, Agency Board Member
McGill stated the housing strategy will provide information on affordable housing needs
in the City and obligations of the Agency. He stated the qualification for very Iow
income housing for four people in the County of Orange in 2001 was $37,000 for
household income. He stated a survey also showed that approximately 1,000 residents
of the community are living in long-term stay motels averaging four per room with two to
three children, and 80-85% are currently employed.
CYPRESS REDEVELOPMENT AGENCY JANUARY 14, 2002
It was moved by Agency Board Member McGill and seconded by Agency Board
Member Piercy, that the Cypress Redevelopment Agency: 1) Approve the Contract
Services Agreement with the Rosenow Spevacek Group, Inc. (RSG) in the amount not
to exceed $15,000.00 for the preparation of a comprehensive affordable housing
strategy; 2) Authorize the Executive Director to execute the Contract Services
Agreement with the Rosenow Spevacek Group, Inc. (RSG); and 3) Appropriate
$15,000.00 from the Unreserved Fund Balance of the Low to Moderate Set Aside Fund
to Account No. 4189-36-96-06 (Professional Services).
The motion was unanimously carried by the following roll call vote:
AYES: 5 AGENCY MEMBERS:
NOES: 0 AGENCY MEMBERS:
ABSENT: 0 AGENCY MEMBERS:
Keenan, McGill, Piercy, McCoy and Sondhi
None
None
ADJOURNMENT: Agency Chairperson Sondhi adjourned the meeting at 9:27 p.m.
ATTEST:
~ECRETAt~Y OF T(--I,IE CYPRbSS
DEVELOPMENT"AGENCY
2