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CRA 89-01-23 MINUTES OF A MEETING OF THE CYPRESS REDEVELOPMENT AGENCY HELD January 23, 1989 Agency Chairman Davis called the meeting of the Cypress Redevelopment Agency to order at 8:30 p.m. on Monday, January 23, 1989 in the Cypress City Council Chambers, 5275 Orange Avenue, Cypress, California. PRESENT:Agency Members Age, Arnold, Kane] Kerry and Davis ABSENT: None CONSIDERATION OF PUBLIC HEARING ON PROPOSED DISPOSAL OF REAL PROPERTY FROM THE COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF CYPRESS TO KERRY L. HENARD AND BARBARA HENARD: Chairman Davis opened the public hearing. The Public Works Director summarized the staff report dated January 12, 1989, which indicated that the Community Redevelopment Agency is the owner of a parcel located at the southwest corner of Orange Avenue and Holder Street. The purchasers have offered $39,000 for this parcel and the offer is within the fair market value range. Chairman Davis asked is anyone wished to speak in support of or opposition to the sale of the parcel. No one wished to do so. It was moved by Agency Member Kanel and seconded by Agency Member Kerry to close the public hearing and accept the offer of $39,000 from Kerry L. Henard and Barbara Henard for the purchase of Agency property (Assessor's Parcel No. 134-181-1) located at the southwest corner of Orange Avenue and Holder Street and direct staff to enter the subject property into escrow and negotiate the conditions of the sale. Agency Member Age expressed concern over the lack of a recent property appraisal. The City Attorney advised that this parcel is not developable as is and even though the appraisal is a year old, it has no value except to the property owner of the adjacent parcel. The City Manager stated that the parcel was advertised for bid and the one bid received did fall within the range of the appraised value. The motion unanimously carried by the following roll call vote: AYES:5 AGENCY MEMBERS: Age, Arnold, Kane], Kerry and Davis NOES:0 AGENCY MEMBERS: None ABSENT:0 AGENCY MEMBERS: None RECESS: ChairmanDavis recess the Redevelopment Agency at 8:45 p.m. to act as the City Council. The meeting reconvened at 1:04 a.m. with all Agency Members present except Member Arnold. MINUTES: It was moved by Agency Member Kanel and seconded by Chairman Davis to approve the minutes of September 12 and December 12, 1988. Due to the lack of a quorum, Agency Member Kanel withdrew his motion and Chairman Davis withdrew his second and hearing no objection, Chairman Davis continued this item. CONSIDERATION OF CONTRACT AMENDMENT WITH GRC REDEVELOPMENT CONSULTANTS: The staff report dated January 16, 1989 indicated that a letter was received from the Redevelopment Consultants requesting an increase in the hourly rates. It was moved by Agency Member Kanel and seconded by Agency Member Kerry to approve the requested fee adjustments effective January 1, 1989 and direct staff to amend the contract to reflect these changes in an amount not to exceed $53,500, with the miscellaneous estimate of $20,000, through June 30, 1989. The motion unanimously carried by the following roll call vote: AYES:4 AGENCY MEMBERS: Age, Kanel, Kerry and Davis NOES:0 AGENCY MEMBERS: None ABSENT: I AGENCY MEMBERS: Arnold ADJOURNMENT: Agency Chairman Davis adjourned the meeting IRMAN OF THE CYPRESS - REDEVELOPMENT AGENCY ATTEST: SECRE , PMENT AGENCY 2