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CRA 2002-09-23MINUTES OFA REGULAR MEETING OF THE CYPRESS REDEVELOPMENT AGENCY HELD September 23, 2002 Agency Chairperson Sondhi called the meeting of the Cypress Redevelopment Agency to order at 8:55 p.m. in the Council Chambers, 5275 Orange Avenue, Cypress, California. PRESENT: Agency Board Members McGill, Piercy, Agency Vice Chairperson McCoy, Agency Chairperson Sondhi ABSENT: Agency Board Member Keenan Also present were Executive Director, City Attorney, Deputy Executive Director, Agency Treasurer, Public Works Director, Recreation and Community Services Director, Assistant Community Development Director, Police Captain, Assistant to the City Manager, and Agency Secretary. It was moved by Agency Board Member McGill and seconded by Agency Board Member Piercy, to approve Consent Calendar Items No. 24 through 26. The motion was unanimously carried by the following roll call vote: AYES: NOES: ABSENT: 4 AGENCY MEMBERS: McGill, Piercy, McCoy and Sondhi 0 AGENCY MEMBERS: None 1 AGENCY MEMBERS: Keenan Consent Calendar: Item No. 24: APPROVAL OF ADDITIONAL APPROPRIATIONS FOR FISCAL YEAR 2001-02. Recommendation: That the Cypress Redevelopment Agency Board approve additional appropriations from the Civic Center Project Area fund balance as follows: Appropriate $17,000 to account 4179-35-194-06 (Legal Service) from the fund balance of the Civic Center Capital Projects fund; and Appropriate $12,500 to account 4187-35-402-24 (Contract Services- Demolition of Building) from the fund balance of the Civic Center Capital Projects fund. (Agency Chairperson Sondhi abstained from voting on the Los Alamitos Race Track and Golf Course Project Area items due to her ownership of property in the project area.) That the Cypress Redevelopment Agency Board approve additional appropriations from the Los Alamitos Race Track and Golf Course (LART) Project Area fund balances as follows: Appropriate $126,000 to account 4179-38-197-06 (Legal Service) and $130,000 to account 4211-38-197-06 (Litigation Costs) from the fund balance of the LART Capital Projects fund; and Appropriate $2,000 to account 4226-54-365-15 (Property Tax Collection) and $37,000 to account 4275-54-365-15 (Interest Expense) from the fund balance of the LART Debt Service fund; and CYPRESS REDEVELOPMENT AGENCY SEPTEMBER 23, 2002 Increase the Estimated Revenues in the LART Capital Projects fund (3400-38 Interest Earnings) by $150,000 and increase the Estimated Revenues in the LART Debt Service fund (3400-54 Interest Earnings) by $30,000. That the Agency Board approve the budget transfer of $612,000 from the Redevelopment Agency (Civic Center Project Area- Account 2200-52) to the Civic Center Refinancing Debt Service Fund for the transfer of the reserve funds held by the fiscal agent. Item No. 25: APPROPRIATION OF FUNDS AND AMENDMENT NO. 1 TO CONSULTANT SERVICES AGREEMENT FOR PREPARATION OF ENVIRONMENTAL ANALYSIS FOR THE WALKER/KATELLA RETAIL PROJECT. Recommendation: That the Cypress Redevelopment Agency: 1) Approve Amendment No. 1 to the Consultant Services Agreement with RBF Consulting, Inc. to add an additional amount of $16,000 to the maximum amount of compensation under the terms of the Agreement; and 2) Approve appropriations from the LART Project Area fund balance as follows: Other Professional Services Account Number 4189-38-197-06 Amount $16,000 Chairperson Sondhi abstained from voting due to her ownership of property in the project area. Item No. 26: APPROVAL OF CONSULTANT SERVICES AGREEMENT WITH THE TERPIN GROUP FOR PUBLIC INFORMATION AND PROMOTIONAL SERVICES. Recommendation: That the Cypress Redevelopment Agency approve and authorize the Agency Chair to execute the attached Contract Services Agreement with the Terpin Group to provide public information and promotional services related to various Agency projects and programs. END OF CONSENT CALENDAR ADJOURNMENT: Agency Chairperson Sondhi adjourned the meeting at 8:57 p.m. ATTEST: ~,,~RET/~RY OF ~E CYPRESS REDEVELOPMENT AGENCY 2