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CRA 81-04-13 MINUTES OF A MEETING OF THE CYPRESS COMMUNITY REDEVELOPMENT AGENCY HELD April 13, 1981 The meeting of the Cypress Community Redevelopment Agency was called to order at 7:55 p.m. on Monday, April 13, 1981, in the Cypress City Council Chambers, 5275 Orange Avenue, Cypress, California, Chairman Howard Rowan presiding. PRESENT:Agency Members Coronado, Evans, Lacayo, Mullen and Rowan ABSENT: None CONSIDERATION OF STATUS REPORT CONCERNING THE CIVIC CENTER REDEVELOPMENT PLAN: The City Manager presented a status report from the Community Development Director dated April 9 on the Civic Center Redevelopment Plan. Staff indicated that preparation of the preliminary plan and environmental impact report was 80% complete but consid- eration of the plan had been deferred pending discussions on the senior citizen housing project and the Oxford Jr. High School property. Staff reported that, because of the uncertainties regarding these issues, the redevelopment plan would not include a specific reference to an exact number of senior housing units and, further, would designate the Oxford property for public oriented purposes. Staff indicated they would present the preliminary plan, including a schedule for adoption, at the April 27 Council meeting. They indicated it was unlikely that the plan would be adopted prior to the August 20 deadline to freeze this year's property value assessments; however, even when the plan is adopted during the next assessment year, the frozen tax base should not be significantly different than the present yearls. Member Lacayo requested that the redevelopment plan exclude references to any specific builder and stated the development potential should be available to anyone. The City Attorney reported that the August 20 deadline would not be met, however, that deadline did not present any substantial economic consequences to the Redevel- opment Agency. He reported that the next significant date for the redevelopment project would be December 31, 1981, and he explained that the tax increment cashflow is advanced by a full fiscal year if a plan is adopted prior to the end of a parti- cular calendar year. He recommended that the plan be adopted before the December 31 deadline. Mr. Murphy stated staff would finish the preliminary plan and EIR within the next two weeks and then present the Council with a more definitive calendar of events showing the necessary steps and target dates between now and the end of the calendar year. Following discussion, it was moved by Chairman Rowan and seconded by Member Evans to receive and file the staff report. The motion unanimously carried by the following roll call vote: AYES:5 AGENCY MEMBERS: Coronado, Evans, Lacayo, Mullen & Rowan NOES:0 AGENCY MEMBERS: None ABSENT:0 AGENCY MEMBERS: None ADJOURNMENT: Chairman Rowan adjourned the meeting at 8:13 p.m. ATTEST: SECRETARY