MINUTES OF THE CITY COUNCIL
SAN JOSE, CALIFORNIA
The Council of the City of San Jose convened in Adjourned Regular Session at 4:59 P.M. to consider Items 8a and 8b in a joint meeting with the Redevelopment Agency Board.
Present: Council Members - Chavez, Dando, Diaz, Diquisto, Fiscalini, LeZotte, Matthews, Powers, Shirakawa, Jr., Woody; Gonzales.
Absent: Council Members - None.
ORDERS OF THE DAY
Upon motion by
Council Member Fiscalini, seconded by Council Member Shirakawa, and unanimously
carried, the Orders of the Day and the Amended Agenda were approved. Vote: 10-0-1-0. Absent: Diaz.
JOINT REDEVELOPMENT/CITY
COUNCIL AGENDA ITEMS
8a Adoption of resolutions by the City Council and the Agency
Board:
(1) Accepting the summary of costs and findings of the revised Summary Report and Reuse Value pursuant to the California Health and Safety Code 33433 for the 17.000 square foot retail/office rehabilitation project located at 35 – 49 East Santa Clara Street; and,
(2) Approving
the Termination and Settlement Agreement relating to the Disposition and
Development Agreement dated January 6, 1998, including the related Ground Lease
and Purchase Agreement, between the Agency and Dr. James Kim-Tzong Eu and Ling
Yu Eu regarding the acquisition, lease and rehabilitation of the property; and,
(3) Approving
the Owner Participation and Loan Agreement with Dr. James Kim-Tzong and Ling Yu
Eu, providing for Agency assistance in an amount up to $808,000; a loan of
funds borrowed by the Agency from the U.S. Department of Housing and Urban
Development in the principal amount of $1,350,000 with interest subsidized by
the Agency; and an Economic Development Initiative Grant of $200,000 for
rehabilitation of the property; and,
(4) Authorizing
the Executive Director to execute other related documents and approve minor and
technical changes to those documents.
CEQA: Resolution No. 68839 [MERGED]
Documents filed: None.
Discussion/Action: This item was deferred to June 29, 1999.
8b Adoption of resolutions:
(1) By the
Agency Board approving an agreement with the Rotary Club of San José and the
San José Rotary Club Endowment for the Agency to include a banquet facility on
the roof of the planned 4th and San Fernando Street parking garage
in exchange for a $1,000,000 contribution guaranteed by the Club from the
Endowment; and,
(2) By the
City Council approving an agreement with the Rotary Club of San José relating
to reservation of the use of the banquet and related parking facilities for
weekly luncheon meetings and certain other events during a 35-year period.
CEQA: Resolution No. 68839.
Documents filed: Memorandum from Acting City Manager Debra J. Figone and Redevelopment Executive Director Frank M. Taylor, dated June 9, 1999, recommending adoption of said resolutions.
Discussion/Action:
The following speakers addressed the Council. Marshall “Randy” Hall and Terry
Graff, Rotary Clubs of San José, spoke in support of the proposal and William
Garbett spoke in opposition. Mayor Gonzales stated he is concerned about the
cost of the project and requested Agency Staff work with the Rotary Club to
ensure the project is completed with reasonable costs. Upon motion by Vice
Mayor Fiscalini, seconded by Council Member Powers, and unanimously carried,
Redevelopment Agency Resolution No. 4722, authorizing the execution of an
agreement with the Rotary Club of San José and the San José Rotary Club
Endowment for the Agency to include a banquet facility on the roof of the
planned 4th and San Fernando Street parking garage in exchange for a
$1,000,000 contribution guaranteed by the Club from the Endowment, and City
Resolution No. 68970.1, entitled: “A Resolution of the Council of the City of
San José Authorizing the City Manager to Execute an Agreement with the Rotary
Club of San José Relating to Reservation of the Use of the Banquet and Related
Parking Facilities for Weekly Luncheon Meetings and Certain Other Events During
a 35 Year Period”, were adopted. Vote: 10-0-1-0. Absent: Diaz.
ADJOURNMENT
The City Council portion of the meeting was adjourned at 5:04 p.m.
RON GONZALES, MAYOR
ATTEST:
PATRICIA L. O’HEARN, CITY CLERK