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CRA 98-01-12MINUTES OF A REGULAR MEETING OF THE CYPRESS REDEVELOPMENT AGENCY HELD January 12, 1998 Mayor Jones called the meeting of the Cypress Redevelopment Agency to order at 8:45 p.m., Monday, January 12, 1998, in the Council Chamber, 5275 Orange Avenue, Cypress. PRESENT: ABSENT: Agency Members Bowman, Carroll, Keenan, Piercy and Jones None PUBLIC HEARING TO RECEIVE TESTIMONY AND TO CONSIDER REVIEW OF EACH REDEVELOPMENT PLAN AND CORRESPONDING IMPLEMENTATION PLAN AND TO EVALUATE THE PROGRESS OF SAID REDEVELOPMENT PROJECTS: The Chairman of the Redevelopment Agency opened the public hearing and the Executive Director asked the Deputy Director to introduce the staff report. The Deputy Director advised that the Agency had adopted an Implementation Plan on November 14, 1994, which contained specific goals and objectives for each of the Agency's three Redevelopment Plans for the following five year period. The Agency is required to conduct a public hearing at least once within specified five year term for purposes of reviewing each Redevelopment Plan and corresponding Implementation Plan and to evaluate the progress of each redevelopment project. The Redevelopment/Economic Development Manager made a slide presentation highlighting the progress of the Agency since the adoption of the Implementation Plan. He provided a brief overview of achievements in the project areas of the Civic Center, LOS Alamitos Race Track and Golf Course, Lincoln Avenue and all other areas. Agency Member Keenan advised that the Wicker Drive project is continuing to be studied and evaluated. He commended staff for the tremendous progress that has been made in the area of redevelopment/economic development. Chairman Jones asked if it would be possible to meet some of the winners of the lottery in the first-time home buyer program. The City Manager said that they will review it to determine if the buyers wish to participate. Responding to Agency Member Carroll, the Executive Director said that there are other areas in the City of Cypress that could benefit from being in a redevelopment project area, particularly retail centers that are not doing well; however, it is increasingly difficult to form a project area and there is continually legislation to reform redevelopment. Further, there was a redevelopment project ~rea established by the county when Cypress annexed the area but not the project area. The county has implemented some of the redevelopment improvements and deferred others as a result of the bankruptcy. The Executive Director would report back to the Council as to the advisability of the City assuming another project area rather than leaving that area with the County. Chairman Jones asked for testimony from the public in support of or in opposition to the each Redevelopment Plan and corresponding Implementation Plan. Mr. Mike McGill, 6097 Pitcairn Street, Cypress, expressed his pleasure with the pace and direction of the redevelopment project areas. He thanked the Council, Commissions and staff for their hard work. He referred to the Wicker Drive Committee submission of its recommendations to the Redevelopment Agency, one of which was the sale of property REDEVEOPMENT AGENCY MINUTES January 12, 1998 for residential buildout. Thought should be given to the status and location of the Chamber of Commerce and he hoped that the City would not rush to sell the property off in the current real estate market without looking at options that involve compromise. NO one else wished to speak. Agency Member Bowman commented that it is important that the monies come from the correct funds. There is a need to look at exactly what redevelopment funds can be used for and make sure the distinction is made. The Executive Director advised that staff is analyzing the use of the two funds and will report to Council. It was moved by Agency Member Keenan and seconded by Agency Member Carroll to receive and file the Mid-Term Implementation Plan Review Report. The motion unanimously carried with the following roll call vote: AYES: NOES: ABSENT: 5 AGENCY MEMBERS: 0 AGENCY MEMBERS: 0 AGENCY MEMBERS: Bowman, Carroll, Keenan, Piercy and Jones None None RECESS: Agency Chairman Jones recessed the meeting at 9:10 p.m. and reconvened at 9:25 p.m. with all Agency Members present. MINUTES: It was moved by Agency member Keenan and seconded by Agency Member Bowman to approve the Minutes of December 8, 1997. The motion unanimously carried by the following roll call vote: AYES: NOES: ABSENT: 5 COUNCILMEMBERS: 0 COUNCILMEMBERS: 0 COUNCILMEMBERS: Bowman, Carroll, Keenan, Piercy and Jones None None ELECTION OF AGENCY CHAIR AND VICE CHAIR: It was moved by Agency Member Keenan and seconded by Agency Member Bowman to nominate Mayor Jones as Agency Chair. The nominations were closed and Agency Chair Jones was unanimously chosen by the following roll call vote: AYES: 5 COUNCILMEMBERS: NOES: 0 COUNCILMEMBERS: ABSENT: 0 COUNCILMEMBERS: Bowman, Carroll, Keenan, Piercy and Jones None None It was moved by Agency Chair Jones and seconded by Agency Member carroll to nominate Councilmember Keenan as Vice Chair. The nominations were closed. Agency Vice Chair Keenan was unanimously chosen by the following roll call vote: AYES: 5 COUNCILMEMBERS: NOES: 0 COUNCILMEMBERS: ABSENT: 0 COUNCILMEMBERS: Bowman, CarrolI, Keenan, PiercyandJones None None 2 REDEVEOPMENT AGENCY MINUTES January 12, 1998 ADJOURNMENT: Agency Chair Jones adjourned the meeting at 9:30 p.m. cHAIRMAN/bF TH~C'~PRESS REDEVELOPMENT AGENCY ~ ' ATTEST: SECRETARY OF THE CYPRESS REDEVELOPMENT AGENCY 3