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CRA 2002-02-11MINUTES CFA REGULAR MEETING OF THE CYPRESS REDEVELOPMENT AGENCY HELD February 11,2002 Agency Chairperson Sondhi called the meeting of the Cypress Redevelopment Agency to order at 9:08 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. It was moved by Agency Board Member Keenan and seconded by Agency Vice Chairperson McCoy, to approve Consent Calendar Items No. 16 and 17. 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 Consent Calendar: Item No. 16~ APPROVAL OF AMENDMENT NO. 1 TO AMENDED AND RESTATEQ CONTRACT SERVICES AGREEMENT FOR CITY AND REDEVELOPMENT AGENCY ATTORNEY SERVICES. Recommendation: That the Cypress Redevelopment Agency approve proposed Amendment No. 1 to the Amended and Restated Contract Services Agreement for City and Redevelopment Agency Attorney Services originally made and entered on April 9, 2001. Amendment No. 1 alters Section 4.0 related to compensation. Item No. 17: CONSIDERATION OF EXCLUSIVE NEGOTIATION AGREEMEN__T BETWEEN THE CYPRESS REDEVELOPMENT AGENCY AND COSTCO WHOLESALE CORPORATION. At the January 28, 2002 City Council meeting, the City Council, acting as the Cypress Redevelopment Agency, continued a decision on this item to the February 11, 2002 City Council meeting. Recommendation: That the Cypress Redevelopment Agency Board approve an Exclusive Negotiation Agreement (ENA) between the Agency and Costco Wholesale Corporation for an approximately 16 to 18 acre site located at the northwest corner of Katella Avenue and Walker Street, and authorize the Agency Chair to execute the Agreement. Agency Chairperson Sondhi did not participate on this item due to her ownership of property in proximity to the project area. END OF CONSENT CALENDAR CYPRESS REDEVELOPMENT AGENCY FEBRUARY 11,2002 ADJOURNMENT: Agency Chairperson Sondhi adjourned the meeting at 9:10 p.m. ATTEST: S~CRETARY OF~E CYPRESS REDEVELOPMENT AGENCY CHAIRPE~IiON OF THE CYPRESS REDEVEIJ~PMENT AGENCY 2