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CRA 2002-04-22 MINUTES OF A REGULAR MEETING OF THE CYPRESS REDEVELOPMENT AGENCY HELD April 22, 2002 Agency Chairperson Sondhi called the meeting of the Cypress Redevelopment Agency to order at 9:19 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. Item No. 25: JOINT PUBLIC HEARING WITH THE CITY COUNCIL AND REDEVELOPMENT AGENCY FOR THE AGREEMENT FOR PURCHASE AND SALE AND ESCROW INSTRUCTIONS BETWEEN THE CYPRESS REDEVELOPMENT AGENCY AND FIELDSTONE COMMUNITIES. INC., AND THE ASSOCIATED MITIGATED NEGATIVE DECLARATION. The Community Development Director provided background information on this item. The applicant, Jo Domingo, Fieldstone Communities, stated since the approval of the ENA, they have made significant progress in better understanding the complex development issues that were initially presented to Council. She then introduced David Gremenger, Project Manager for Fieldstone Communities. The public hearing was opened. Chairperson Sondhi asked if there was anyone who wished to speak in favor of the item. Bruce Goren, Cypress, spoke in favor of the item. Chairperson Sondhi asked if there was anyone who wished to speak against the item. The following spoke against the item: Brian Gonsalves, Cypress Gail Kerry, Cypress Wendel Zeller, Cypress JoAnne West, Cypress Don Wood, Cypress John Ruff, Cerritos David Wisnieski, Cypress Ken Rempel, Cypress The public hearing was closed. The Director of Finance and Administrative Services stated the City paid $4.3 million for the 7.4 acres of land. The City will receive $5 million for the sale of the property and 2.1 acres for public use. Fieldstone is not being subsidized by the City and there are other costs Fieldstone will incur for putting in streets, utilities, etc. CYPRESS REDEVELOPMENT AGENCY APRIL 22, 2002 Mayor Sondhi asked about parking for the site. The Community Development Director stated between 100 and 110 new parking spaces are being created with the expansion of the existing civic center parking lot, which would bring the total to 319. Event parking on the Wicker Drive site is approximately 400 and staff is currently discussing with neighborhood churches, property owners, Oxford Academy, and others for the use/purchase of their property to augment parking for special events. He stated that records could not be found indicating the property was ever to be used or zoned for a park. The Community Development Director stated the sycamore tree was removed after much study and analysis on the part of City staff and two independent arborists who examined the feasibility of keeping the tree in place with the planned development. The tree protruded into the public right-of-way and the arborists concluded that in order to keep the tree, a protection zone of almost 60 to 70 feet in all directions was needed with no guarantee the tree would survive, Fieldstone has offered to replace the one tree with two specimen size sycamore trees that would be approximately 30 to 40 feet high. It was moved by Council Member/Agency Board Member McGill and seconded by Council Member/Agency Board Member Keenan, to adopt the Resolution adopting the Negative Declaration Prepared in Connection with the Wicker Drive Residential Development, adopt the Resolution of the Cypress Redevelopment Agency approving the Agreement for Purchase and Sale and Escrow Instructions Between the Cypress Redevelopment Agency and Fieldstone Communities, Inc., and adopt the Resolution of the City Council approving the Agreement for Purchase and Sale and Escrow Instructions Between the Cypress Redevelopment Agency and Fieldstone Communities, Inc. The motion was unanimously carried by the following roll call vote: AYES: 5 COUNCIUAGENCY MEMBERS: Keenan, McGill, Piercy, McCoy and Sondhi NOES: 0 COUNCIUAGENCY MEMBERS: None ABSENT: 0 COUNCIUAGENCY MEMBERS: None RESOLUTION NO. 5555 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, ADOPTING THE NEGATIVE DECLARATION PREPARED IN CONNECTION WITH THE WICKER DRIVE RESIDENTIAL DEVELOPMENT. RESOLUTION NO. CRA - 103 A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY, APPROVING THE AGREEMENT FOR PURCHASE AND SALE AND ESCROW INSTRUCTIONS BETWEEN THE CYPRESS REDEVELOPMENT AGENCY AND FIELDSTONE COMMUNITIES, INC. RESOLUTION NO. 5556 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, APPROVING THE AGREEMENT FOR PURCHASE AND SALE AND ESCROW INSTRUCTIONS BETWEEN THE CYPRESS REDEVELOPMENT AGENCY AND FIELDSTONE COMMUNITIES, INC. 2 CYPRESS REDEVELOPMENT AGENCY APRIL 22, 2002 ADJOURNMENT: Agency Chairperson Sondhi adjourned the meeting at 10:57 p.m. CHAIRP RSO OF THE CYPRESS REDEVEL ENT AGENCY ATTEST: 3