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CRA 99-06-28MINUTES OF A REGULAR MEETING OF THE CYPRESS REDEVELOPMENT AGENCY HELD June 28, 1999 Agency Chairperson Keenan called the meeting of the Cypress Redevelopment Agency to order at 9:50 p.m., in the Council Chambers, 5275 Orange Avenue, Cypress, California. PRESENT: Agency Members MCGilI, Sondhi, Agency Vice-Chairperson Piercy, Agency Chairperson Keenan. ABSENT: Agency Member MCCOy MINUTES: It was moved by Agency Member Sondhi, seconded by Agency Vice- Chairperson Piercy, to approve the minutes of the meeting of April 12, 1999. The motion was carried by the following roll call vote: AYES: 4 AGENCY MEMBERS: MCGilI, Sondhi, Piercy, Keenan NOES: 0 AGENCY MEMBERS: None ABSENT: I AGENCY MEMBER: MCCOy AdOptiOn Of the 1999-2000 Bud,qet for the Cypress Redevelopment Agency. Director of Finance and Administrative Services Director Storey presented the 1999-2000 BUdget for the Cypress Redevelopment Agency. The total proposed budget totaled $12,455,385, representing an increase of $8,073,047 over the prior year's budget. During a City Council Workshop held on June 7, 1999, the preliminary budget was reviewed by the Agency Board with the Executive Director and Agency staff. NO changes were recommended by the Board of Directors. A motion was made by Agency Vice-Chairperson Piercy, seconded by Agency Member MCGilI, and carried by the following roll call vote, that the Cypress Redevelopment Agency adopt the 1999-2000 budget as submit:ted: AYES: 4 AGENCY MEMBERS: MCGilI, Sondhi, Piercy, Keenan NOES: 0 AGENCY MEMBERS: None ABSENT: I AGENCY MEMBER: MCCOy Approval of Parking Lot Ri.qht Of Entry/Access Agreement between the Orange County Transportation Authority (OCTA) and the Cypress Redevelopment Agency for the Property located on the NOrth Side of Lincoln Avenue, East of Walker Street, adjacent tn the Pacific Electric Right-Of-Way (Portion of Assessor's Parcel No. 262-473-03). Various commercial tenants of the commercial retail center adjacent to the northeast corner of Walker St. and Lincoln Ave. have complained to the City about parking and circulation problems on their sites, resulting from the Lincoln Avenue Project and by the existence of a chain link fence on the property dividing the Pacific Electric Right-Of-Way and their parking area. (The PaCific Electric Right-Of-Way is owned by OCTA.) staff contacted the OCTA Right-Of-Way Administrator after receiving these messages from the tenants, to determine if the chain link fence could be removed and an easement granted to allow access to and parking on a portion of the OCTA property. OCTA was amenable to this request, and will allow access and parking through the execution of an interim right-of-way agreement for the period July 1, 1999, through October 31, 1999. Staff expressed the desire for a longer term agreement upon expiration of the interim agreement. OCTA responded that the primary utilization of the property has been designated for transit-related uses, but that they would be willing to enter into a five- (5) year access and parking right-of-way agreement. staff was therefore recommending that the Cypress Redevelopment Agency approve the interim right-of-way agreement, and authorize staff to enter into discussion with OCTA regarding the five-year right-of-way agreement. Agency Member Sondhi questioned the scale of the map as drawn, and wanted to know how many parking spaces would actually be acquired through execution of this agreement. Community Development Director AngUS responded that there would CYPRESS REDEVELOPMENT AGENCY JUNE 28,1999 probably be less than ten (10); and that the agreement provided for parking immediately off of Lincoln Avenue. Agency Member Sondhi also wanted to know if this use would result in problems with flow-through circulation, and if it would provide a shore-cut t;o Walker Street;; the Community Development Director responded that it; was doubtful that would occur. Agency Chairperson Keenan reposed that he had received many phone calls requesting this accommodation from many businesses, and that this would provide circular accessibility and a definit;e improvement over the current situation. He also felt that the elimination of the existing chain link fence would be an added benefit. A motion was made by Agency Vice Chairperson Piercy, seconded by Agency Member McGilI, and carried by the following roll call vote that the Cypress Redevelopment Agency approve t;he Parking Lot Right-of-Way Ent;ry/Access Agreement with Orange County Transportation Authority (OCTA) for the property located on the north side of Lincoln Avenue, east of Walker Street, adjacent to the Pacific Electric right- of-way (portion of Assessor's Parcel No. 262-473-03); and direct staff to begin discussions with OCTA and the adjacent property owner, for a five- (5) year access agreement for continued use of the area for parking purposes. AYES: 4 AGENCY MEMBERS: MCGilI, Sondi, Piercy, Keenan NOES: 0 AGENCY MEMBERS: None ABSENT: 1 AGENCY MEMBER: MCCOy ADJOURNMENT: Agency Chairperson Keenan adjourned the meeting at 10:09 p.m. CH F THE CYPRESS REDEVELOPMENT AGENCY AI'rEST: CYPRESS REDEVELOPMENT AGENCY